HEX short update
Updated
Current price is .155c
As I mentioned in my last update the 16,5-18c area was/is resistance ..
Price is testing the multi-month descending channel upper line as we speak!. As you know, the more it gets tested ,the more likely to break.
If price closes above 18c then clear sky breakout ,next imediate target should be 22.5-23c ,then on longer time frame probably ~28c .
If price closes under .141c (that`s where the 21 daily ema but also the 14SMA on RSI is) then more sideway-down action will follow.
As for now ,14c is support ,16c is resistance. Resolution soon.
As I mentioned in my last update the 16,5-18c area was/is resistance ..
Price is testing the multi-month descending channel upper line as we speak!. As you know, the more it gets tested ,the more likely to break.
If price closes above 18c then clear sky breakout ,next imediate target should be 22.5-23c ,then on longer time frame probably ~28c .
If price closes under .141c (that`s where the 21 daily ema but also the 14SMA on RSI is) then more sideway-down action will follow.
As for now ,14c is support ,16c is resistance. Resolution soon.
Note
LoL HEX looks DEAD . Only thing keeps it alive is /hdrn l o lNote
DEAD ...target ...sub 0.08 GL
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