Hex retracing to convergent supports
Following an incredible run up, HEXUSDC has now come down to test the bottom of its golden pocket, which coincides with previous chart structure and the key psychological level of 20 cents. This will also soon be met by an ascending trend line which has held for much of the year. Given the impending launch of the Pulsechain network, this may be a prudent level to begin DCAing in on a position.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.