When you zoom out on the weekly chart, HEX is forming one giant bull flag pattern. Extreme selling leads to extreme buying. Supply shortage coming since expiring stakes are DECREASING. Demand for t-shares (money printers) is INCREASING.
Demand > supply implies that price has no choice but to go up.
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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.