Hexatrades
ORNUSDT Broadening Wege!ORNUSDT Technical Analysis Update
ORN has been forming a broadening wedge pattern for approximately 600 days. The price is currently approaching the resistance line, having tested it multiple times previously. This could be a sign of a potential breakout.
Buy Level: $0.88
Stop Loss: $0.70
Regards
Hexa
SEIUSDT Bullish Parallel Channel SEIUSDT Technical analysis update
SEIUSDT formed a parallel channel on the 4-hour chart. The price is currently testing the upper trendline and approaching a potential breakout. If the price breaks above the channel with high volume, it could indicate a bullish move in SEIUSDT.
Buy level: above $0.86 (After breakout)
Stop Loss: We will update once we see the breakout.
Regards
Hexa
BEAMXUSDT Triangle BreakoutBEAMXUSDT Technical analysis update
BEAMX price has broken through its triangle pattern on the day chart. This could indicate a potential bullish move.
Buy zone : Below $0.022
Stop loss : $0.019
Take Profit 1: $0.0245
Take Profit 2: $0.028
Take Profit 3: $0.035
Regards
Hexa
WOOUSDT Bullish Flag!WOOUSDT Technical Analysis Update
WOO formed a bullish flag pattern on the daily chart. The price recently broke above the flag pattern and is currently trading above both the 100 and 200 EMAs. While this may indicate further upward movement.
Buy Level: Below $0.419
Stop loss: $0.366
ETHUSDT Next Target $7,500!ETHUSDT Technical analysis update
The ETH price broke through an ascending triangle pattern on the weekly chart, potentially indicating a bullish move. Price possible to touch the $7,500 level before the end of 2024.
We recommend entering the trade using the spot market.
Buy Level: Below $2750
Stop Loss: $2,150
Regards
Hexa
ALTUSDT Inverse Head and Shoulder Pattern.ALTUSDT Technical analysis update
ALT formed an inverse head and shoulders pattern and price broke its neckline with high volume, indicating a potential upward move.
Buy zone : Below $0.388
Stop loss : $0.360
Take Profit 1: $0.410
Take Profit 2: $0.462
Take Profit 3: $0.550
Regards
Hexa
INJUSDT: Potential Bullish ContinuationINJUSDT Technical analysis update
INJ has formed a symmetrical triangle pattern after reaching a new all-time high. A breakout from this pattern could indicate the potential continuation of the uptrend.
Buy level: Below $35.5
Stop Loss: $31.00
Mid Term Target: $50
Long Term Target: $100
Regards
Hexa
MAGICUSDT Good Buy!MAGICUSDT Technical analysis update
Buy zone : Below $1.285
MAGICUSDT price has formed an ascending triangle pattern. The price is nearing the resistance line, and a breakout could indicate potential upward movement in MAGIC.
Support : $1.175
Resistance 1: $1.38
Resistance 2: $1.60
Resistance 3: $2.00
Always keep Stop Loss
Bitcoin $200,000: A Matter of TimeThe price of Bitcoin has historically exhibited an upward trend following each halving event. This phenomenon stems from a combination of factors, including a reduced supply of newly minted bitcoins, increased demand driven by scarcity, positive market sentiment surrounding the halving, and speculative buying fueled by anticipation of future price appreciation.
The price of Bitcoin began to rise significantly in the months leading up to the 3rd halving, which occurred on May 11, 2020. The price rose from around $5,000 in March 2020 to over $10,000 in May 2020. After the halving, the price of Bitcoin continued to rise, reaching a peak of over $68,000 in November 2021.
The fourth halving is estimated to occur in the second week of April 2024. The price of Bitcoin has been rising since the beginning of 2023, and I believe that it could reach $46,000 before halving and forming strong resistance for the next breakout. However, it is also possible that the price of Bitcoin could decline before the halving, as it did in the months leading up to the second and third halving in 2016 and 2020.
After the 4th halving, we can expect a significant upward movement in Bitcoin. Additionally, we can expect ETF approval after the halving, which could further impact the price of Bitcoin and drive it upwards to $200k.
Thanks
Hexa
RDNTUSDT Pump Is Incoming!RDNTUSDT Technical Analysis Update
RNDTUSDT price is breaking its resistance zone after 240 days of a ranging market. The high volume from last week indicates this is a bullish indication for RDNT.
Buy zone : Below $0.35
Stop loss : $0.29
Take Profit 1: $0.405
Take Profit 2: $0.495
Take Profit 3: $0.70
Regards
Hexa
TRBUSDT About To Hit New ATH!TRBUSDT formed a cup and handle pattern on the daily chart, with price nearing the neckline. The $164 level, a previous ATH resistance, awaits above. A breakout could trigger a significant bullish move for TRB.
Buy zone : Below $120
Stop loss : $88
Take Profit 1: $160.00
Take Profit 2: $220.00
Take Profit 3: $400.00
Regards
Hexa
Comparing Bitcoin Halving With Price Movementwhat is Bitcoin Halving?
Bitcoin halving is an event that occurs every four years and reduces the block reward for verifying transactions on the Bitcoin network. This reduction in supply helps to control the overall inflation rate of the cryptocurrency and maintain its scarcity. The next halving is expected in 2024.
Chart Overview: The chart above shows, how the bitcoin price moved before and after halving, before the 500 days of halving, the bitcoin price began to rise slowly. After the halving, the price of Bitcoin goes up hard, this was repeated in the past 3 halvings. expecting the same price movement in the 4th bitcoin halving. till the 4th bitcoin halving (halving expected date 2nd may 2024) bitcoin price will rise slowly After the halving we expect a strong up move in bitcoin and potentially reach the 200k level.
Thanks
Hexa
GMXUSDT Inverse Head And ShouldersGMXUSDT Technical analysis update
GMXUSDT has formed an inverse head and shoulder pattern on the daily chart. With the price breaking its neckline, this suggests a potential bullish signal for GMX.
Buy zone: Below $55.50
Stop loss : $48.75
Take Profit 1: $60.50
Take Profit 2: $72.00
Take Profit 3: $90.00
Thanks
Hexa