Who is Pumping HEX ?HEX has been in a long-term downtrend with waning developer and community activity. Many consider the project essentially abandoned.
Founder Richard Heart remains mired in legal troubles with the SEC over alleged securities fraud.
Speculation is rampant that Heart or insiders are artificially pumping the price to appear active.
Technicals show the price has struggled to break key resistance levels despite the pump. Indicating weak underlying momentum.
Trading volume, while up, remains extremely low for a cryptocurrency with a $500 million market cap.
Social media and online discussion of HEX remains minimal. Suggesting little real renewed interest.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
HEX
HEX: $0.030 | a Super Coin created by an OG in the Spaceif you have not heard of Richard Heart
then maybe time to revisit his tubes for reference on how the space markets work
and get a glimpse of the mind of the Specialist of your designated coins
HEX a staking facility for the community
you place you wait and get rewarded
for traders you churn or wait for price to tank
and buy together with the whale for the next pump
HEX/USDC Descending Broadening FormationOverview:
Pair: HEX/ETH
Exchange: Ethereum DEX (Decentralized Exchange)
Timeframe: 4-Hour Chart
Technical Analysis:
The HEX/ETH pair on the 4-hour chart is displaying a descending broadening formation, which is a reversal pattern signaling potential changes in market sentiment. Let's delve into the key observations:
Key Observations:
Descending Broadening Formation: The price of HEX/ETH has been forming lower highs and higher lows, creating a descending broadening pattern. This often indicates increased volatility and indecision in the market.
Volume Analysis: Observe changes in trading volume during the formation. Increasing volume during the broadening formation can signify potential increased interest and participation.
Reversal Potential: Descending broadening formations are typically seen as bullish reversal patterns. However, confirmation is crucial, and traders should wait for a breakout above the upper trendline for a clearer signal.
Trading Strategy:
Entry Point: Consider entering a long position if HEX/USDC breaks above the upper trendline of the descending broadening formation.
Stop-Loss: Set a stop-loss just below the breakout point to manage risk.
Target Price: The target price can be set by measuring the height of the broadening formation and projecting it upwards from the breakout point.
Risk Factors:
Cryptocurrency investments carry inherent risks. Always use risk management tools and conduct thorough research before making any trading decisions.
Disclaimer:
This post is for educational purposes only and is not financial advice. Always conduct your research and consider consulting with a financial advisor before making investment decisions.
Conclusion:
The descending broadening formation on the HEX/USDC chart suggests a potential bullish reversal. However, confirmation through price action and volume is key. Keep a close eye on the development and trade responsibly.
SUPPOMAN thinks #TITANX #TIT Can 100X. I agree!The game theory is deep
The game theory is sticky
A new crypto community has formed already and is growing #Metcalf's Law
and I believe u can see 100X of value being created
It's listed market cap is low ... becuase of the staking and mining
and it appears #defi builders are building products for this protocol
I agree with Suppoman
TitanX can do big numbers
********
PLEASE DO NOT BUY NOW
IT is cheaper to mine the coin currently.
If you do not understand what I am talking about... than please research on Youtube on how this defi protocol works.
best of Luck
TitanX is better designed than #HEX and #XENControversial Take I know.
But not really surprising.
We are used to seeing our phones getting better every year.
Hex was designed by Richard Heart well over 5 years ago -- and was amongst the first generation of Yield and self storage #DEFI protocols.
XEN was a fair launch idea... mint your own supply.
A slight improvement on HEX... but disastrous in price.
On #Pulsechain we have seen numerous projects launch pre funded, with token sacrifices with with horrendous price charts.
TitanX has fairly launched on the most battle tested blockchain.
U mine your own supply.
But the miners have a real cost to them. so the system cant be gamed by a couple computer nerds like in Xen and create a horrible price chart.
The dividends could entice people to believe they could potentially generate side income with this system. #Pumpamental
There is scarcity and mining difficulty built in of course.. #Pumpamental
Already on social media I am seeing the beginning of cult like behaviour #Bullish
So the more I scratch the surface of this protocol
The more impressed I am with the thought that has gone into the design.
This could definitely blow up in my face,
and potentially your face if you decide to interact with this protocol, and the Ethereum gets rugged.
It has been audited 3 times... but i have not got to reading those yet...
So proceed with caution
but also optimism at the potential this indeed could go viral. Or at least attract quite alot of capital....
Let's take it month by month
10,000x incoming for HEX claims Richard HeartFounder of HEX makes news for being summons/charged by the SEC and making claims of new investors being able to make 10,000x gains by investing into HEX. With such a major statement it's time to take a look at HEX.
HEX has been in a long term down trend, just like every crypto during this bear market. Its a bit worse for HEX though being down 99% from its all time high. 10,000x gains is a bold statement to make and I honestly don't see that happening for a crypto with no use case, but then again what did DOGE do a few years ago?
The weekly time frame on HEX looks bottomed out. HEX has been moving sideways since June 2023. it's very difficult to do technical analysis on a coin when its been side ways for so much time after a long term down trend.
With the strength and potential bull market that Bitcoin has kicked off I'd definitely say HEX will eventually have a relief rally. Then if capital flows into HEX fireworks can definitely happen. what needs to happen first? HEX needs to retest the over head purple trend line/lines without a full 100% retrace(to current lows). After we break trend lines Hex will need to reclaim and have weekly candle closures over the blue .236 fib level. Once the 0.08 levels are met and holding strong then all eyes/attention/hype would be back on HEX(.08 from current price would be a 1,500% gain).
Similar to DOGE, looks like HEX will have to go parabolic in order to go parabolic. Huge potential gains on the table for fan favorite HEX. Also a lot of risk on the table with HEX due to the legal issues going on with Richard Heart.
Trade smart.
TITANX #TIT New #DEFI breakthrough?Or just a new Ponzi for this next bull cycle?
"TitanX.win Pumpamentals
The sole design purpose for TITAN X is to reduce supply, add programmatic buy pressure through smart contracts & drive demand to the ecosystem through various avenues and game theory mechanics."
I believe this will attract a significant flow of funds from the #HEX #RichardHeart ecosystem
As it does on the surface appear to improve on the basic mechanics of what Richard designed all those years ago ...
explore and research before doing anything with it.
AND please do not buy this token.
It is cheaper to "MINE" the coins
AGAIN DO NOT buy from the market
HEX - Rallying war cry from Richard Heart!Evidence that RH is going to do battle with the corrupt SEC
from recent tweets.
Tweets like this give encouragement to the troops, and hopes for brighter days ahead.
Crypto speculators much like voters for in their political leaders crave exhibition of strength, & intelligence. This civil suit gives a platform for RH to demonstrate those key attributes...
Price action is a mixture of things
Confidence is a major part (along with momentum and liquidity obviously)
I still believe Pulsechain would be the asset of choice to accumulate
But #HEX and #PLSX will go along for the ride.
HEXUSD You were warned. Did you take that buy??We gave a strong buy signal on HEXUSD 20 days ago following an RSI bullish divergence, whose activation was when the 1day MA50 broke.
It quickly hit target 1 (0.006650) and almost even completed target 2 (0.01250).
The 1day RSI hasn't been that overbought in 3 years (since November 1st 2020).
The uptrend isn't finished so you still have time to target the next technical Resistance, the 1day MA200 at 0.01600.
After that, buy when the 1day RSI gets oversold at 30.00 again.
Previous chart:
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HEXUSD Falling Wedge breakout tests the MA100 (1d).HEXUSD crossed over both the 2 month Falling Wedge pattern, as well as the MA50 (1d).
This is a clear bullish signal for the long term but the short term is still limited by the MA100 (1d), which is unbroken since May 11th.
Trading Plan:
1. Buy after the price crosses over the MA100 (1d).
Targets:
1. 0.011800 (Resistance 1).
Tips:
1. The RSI (1d) turned quickly overbought over the 70.00 level. That potentially indicates that unless the MA100 (1d) breaks, the market needs a relief pull back or consolidation until those levels get neutral again.
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HEXUSD The 1day MA50 is your buy signalHEXUSD is testing a double Resistance level, the Falling Resistance since May 16th and the 1day MA50.
The latter hasn't been broken since July 30th. With the 1day RSI though on a Bullish Divergence, it is more likely to see it break.
In that case, we expect the price to rise aggressively. Buy a 1day MA50 break out and target 0.006650 (under Fibonacci 0.236).
After that, the next buy opportunity will be near the 1day MA50 again (pull back) for a 0.01250 target (Fibonacci 0.382). That may test the 1day MA200.
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Lesson not Learned? Read again 💀🔥Crypto can be a very dark place. One needs to do research, learn and set rules.
RULE NUMBER ONE (again):
Never trust a person/team which keeps launching more and more tokens/projects
Simple as that.
Let's not blame this one on the SEC... This is purely crypto hill-billie Richard Heart and you had been warned...
I love crypto - I hate these people... let's show them the boot!
Next Richard Heart?
Look at XEN... he is next (the same)
Fool me once...never twice!
One Love,
The FXPROFESSOR
PS. The good crypto will prevail eventually.. Regulate it but please regulate it right.
news: SEC accuses crypto influencer Richard Heart of securities fraud in new lawsuit: blockworks.co (nobody should be surprised for this one)
Beautiful Inverse head and Shoulders on #HEXWell we are finally getting clarity on Richard's Case against the SEC
A initial meeting has scheduled between the lawyers and the judge to explore what kind of disco very is needed in this civil suit.
A Trial is length and costly for everyone. SEC, The Courtroom. and RH
The Judge could throw this out right there on the spot? Me not being a legal expert I can't comment...
But the price chart is showing how quickly the mood can change.
All I know , Once Richard is "Free" I want exposure to #Pulsechain
which just being a copy of Ethereum clearly not a security.
HEXUSD Buy signal within the Channel Down.HEXUSD completed 2 straight 1D green candles after reaching the bottom of the Channel Down pattern. The 1D RSI completed a Lower Lows pattern similar to the June 14 bottom sequence that was the last major buy signal for HEX. As a result, we turn bullish on this crypto, targeting the top (Lower Highs trend-line) of the Channel Down at 0.0056. If however the 1D RSI reaches the Resistance zone earlier, we will take profit at the given price.
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HEX - Buckle Up HEXicans It's Gon Be A Rough Ride :DHEXicans wut is your profession? Awoooo Awoooo! For now the strategy is to retreat to $0.018 - $0.015 zone gather some support there and try another offensive at the Unbelievers of HEX! But bear in mind that support at that zone is a bit weak, but support at $0.0096 - $0.0072 is strong I'm sure the offensive at #HEX Unbelievers there will be much stronger! Pump or Death HEX will win!
- Weekly MACD (Bearish)
- Weekly Pekipek's Divergence BETA (Bearish)
- Weekly RSI (Neutral)
- Weekly Stochastic RSI (Bearish)
- Weekly Cipher (Bearish)
- Weekly OBV (Bearish)
Fake Elon Tweet to Pump Hex?Pulse chain launch was an obvious buy the rumor sell the news event for hex as it clearly began to plumett within mintues of launch.
Personally I am far from a hex maxi and find little to no use for it.
At the end of the day it has a chart, community of supporters, and past explosive style price action. At this point it is CLEARLY not a scam there is just little to no need for it in the real world like many other coins. Extremely HIGH RISK / Reward environment.
Currently there is a tweet from elon musk responding to a statement metioning a "hexidecimal" where elon responds jokingly with "I have a fondness for Hex". Clearly a joke statement mimiking another three letter word spelled nearly the same.
Regarless Richard Heart was able to swoop in an take advantage with a response of thank you sparking a retweet frenzy as though elon was tweeing in support of it. Congrats hexicans lol.
Looking at a 4hr line chart it appears to be forming a possible cup and handle with very large swing trade ranges.
Not trading advice just an observaton. Trade accordingly if you choose.
HEX - AMAZING EXITRichard Heart aka 'Schueler' lol is being sued by the SEC for HEX / PLS / PLSX, therefore re-living some of the feelings that went into HEX after its run up. Its always awkward when exiting a project, especially one that has been held to an ATH.
But the precision + time shows that the right decision was made. This was from simply the OVERWATCH Signals plus structure formation of a H&S. Great trade.
LAST TANK 4 HEXload up on hex on this last dipp, there will be no more following
no financial advice -
HEXUSD Confirmed long term buy signalHEXUSD hit the bottom of the 2023 Channel Down and is rebounding along with the RSI (1d).
It remains under both the MA50 and MA200 (1d), implying significant upside potential.
A similar price action is noticable during the previous Channel bottom in January.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.0500 (top of the Channel Up and +650% rise such as the previous bullish leg).
Tips:
1. The RSI (1d) has rebounded from the oversold zone and is above the MA again. This is a potential indicator of momentum shift.
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#PoorPleb racing towards to historical high'smassive overperformance versus #HEX
as what I imagined
the fundamentals are bullish
as is the marketcap