HEX bottoming?(log charts; contains images - best viewed on desktop app, mobile app distorts the size)
HEX currently @ strong support 0.145-0110 (market structure). Today's price reaction looks fine as HEX is starting to bounce. Now if you think the yellow upward channel has been definitively broken, then let's check the weekly chart... 👇
My impression is that the yellow uptrendline (channel lower edge) break could be just fake and price will get back above it in the coming days/weeks.
Also on that weekly chart notice the TD Sequential which will print red "9" by the end of this week which is bullish sign.
To sum it up: I think we may be near bottom. So in case the price will go up there are resistances in form of orange and red downtrendline. IF broken and IF HEX will play catch up with the yellow channel upper edge, then we could see another round of insane gains. Why not $7.77? I'm loading the boat.
TA looks bullish and that's enough for me (I'm not even talking about the fundamentals). Will update this idea if I see anything worth it, so don't forget to check later.
Shout out to all HEXICANS! ✌️
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Pulsechain
HEX 3 day chart...MOONSHOTHEX 3 day chart looking Phenomenal. Continues to
stay in the bullish channel for over 2 years. HUGE
things for this token including the launch of
PULSECHAIN and PULSEX. HEX needs to bust thru
the Hull Suite Indicator and make the next leg up.
Im sticking to my chart and with the fundementals,
I see HEX hitting all time highs within the next 3-4
weeks. too much amazing things happening
with this eco-system.
Check out the chart for more details of the notes about this chart
HEX: Many buy opportunitiesThere are many factors that need to be kept in mind when thinking of hex. It is the most overlooked and best performing crypto asset available on the market. 3 things to consider: pulsechain, pulseX, pulseX sac phase.
Pulsechain: when pulse is release everyone will get a copy of their coins that are on the ethereum network and in a private wallet (like Meta Mask), NOT EXCHANGE. Pulsechain is essentially a far superior ethereum network that will be much cleaner, Much FASTER, and much CHEAPER. Gas fees will be dirt cheap compared to ETH. When you buy hex, you are essentially buy two coins as you will get a copy on pulsechain.
PulseX: pulseX is coming out the same time as pulsechain and right now we are in a sac phase. Because of that the price of hex is going down. Historically, it did the same thing with the pulsechain sac phase then mooned once sac phase was over. I think the same thing will happen when plsx sac phase is over.
Don’t sleep on HEX.
Not financial advise.
HEXUSD sac for pulse X?This one is for my hexicans and those waiting for the right moment to sac for pulse X...
Pulse X rates going up in 30mins. Does it matter? Just a bit if the price of hex goes up...
Currently we're seeing a broadening ascending triangle. Which has a high probability of breaking bullish. In addition, a lot of times these kind of patterns also forms reverse head & shoulders. Which has a high probability of breaking bullish also. If the reverse head & shoulder pattern happens. Price will head towards retesting next resistance.
Don't recommend (day)trading. However, if you do. You might wanna check out my indicators. Good luck and may the trend gods be with you!
Hex buy zone, short term set up for BULL RUN- Cannot see the price going down to lows- buy zone from 0.20 down to 0.15c- ladder down these prices
- I believe market makers will not sell down below down to lows- still possible but highly unlikely
- hopefully next low will be above 0.15c adding to a strong bull run set up.
- adding another 10% to my bag around these prices and keep staking!!!
- long term potential!!!
- FYI sacrifice on pulseX.info to receive pulseX native tokens.
-DYOR
#HEX backtested legacy H&S neckline. Met 35cent target for 2021.Now potentially forming a right shoulder of a larger INVERTED Head & shoulders bottom / continuation
SACRIFICE phase is live right now PulseX for donations to a upcoming airdrop of Uniswap (#UNI) best rates are available up to Jan 10th
expect volatility as we have seen today due to Whales moving the price around to suit their needs and secure their sacrifice position
which lends credibility to a potential inv Head and shoulders and target of new Highs for March
Merry Christmas #hexicans 52X for the yearHope you have a wonderful day with the family.
We certainly have a lot of new wealth to share with our loved ones!
#HEX
#HEXMAS
HEX 0.12c is a local bottom EMA 21 sloping down on every timeframe while price also traveling under this critical EMA :bearish !
EMA 369 (some use 377 in the traditional markets) is holding price down on lower time frames:bearish AF!
Daily BB ,price testing the lower band :bearish AF
DMI bears are in full control on every time frame(above 25) with the ADX around 30 :theres plenty of room to extend) and gain bear momentum(50+ is extended)
RSI on bigger time frames shows that bears are in full control (under 50)->the message is clear:no new ATH foreseeable future !
Trend is your friend HEX is Bearish!
Its no secret ,HEX was one of the worst performing crypto in Q4 with prices going back to July levels.That is the definition of a bear market.
Hex FINALLY went to my first target which was the 0.125c horizontal support ,identified couple of months ago .
Next target is 0.085c ! That would be an 82-83% retrace from ATH .As we know ,this is a strong number for reversal in bear market (btc 20k to 3k was also an 83% retrace before reversal)
Will it go straight to 0.08c? Probably not! 0.12cent will be a local "breather". With the comming pulseswap SAC ,whales will play their disgusting game and will pump price back up to possibly .18-.20 cents !Then will dump ,price will dip the usual 50% or more (diluating those who are sacing in hex token).So if price pumps back up ot 0.18cents ,a 50% dump equals 0.09c.
Hex above 0.225-0.23c will become NEUTRAL . Everything under .22 is just a dead cat bounce and short opportunity .
Hex above 0.29c on daily close ,turns BULLISH and price can target the next resistance which is 0.38-0.42c area.There is a big VPVR volume . The way I interpret this, is that a lot of ppl are "trapped" here and they will most probably wanna sell and get out. -> local RESISTANCE but overall bullish.
HEX LONG - To the moon HEXicans!TRADE PLAN
Avg. Entry: $0.20
Stop Loss: 0.095
TP1: 0.47
TP2: 0.66
TP3: 0.97
HEX retraced to the Golden Fibonnaci Pocket (0.618 - 0.66) pulled from Zero to ATH. On the Daily time-frame,the retracement of Wave 4 went down to $0.145 but more or less closed above Wave 1 which further confirms to me the validity of the Elliott Wave count - I believe the bottom has been put in and we are now in the final Wave 5.
I made three entries ~ $0.190, $0.175 (Golden Fibonnaci Pocket levels) and $0.205 when bearish market structure was flipped on the lower time-frame with three Fibonnaci level targets: $0.47, $0.66 and $0.97 (0.618, 1, 1.618 of Wave 1 to 3).
Speculations is out - Richard Heart will likely announce the launch date for PulseChain next Thursday 18/11/2021 so I am anticipate buying pressure driven by this hype.
Plan your trade, trade your plan... To the moon, Hexicans!
HEX is getting ready to take off with news about PulseChainHEX has been down for the last 2 week due to whales selling off! But now we are looking good, with news about launch of mainnet TBD, investors are getting ready to position themselves into HEX and other ERC tokens. Airdrops of all ERC will be airdropped to holders! In this article we expand how airdrops work and what we see in the future of hex in the next couple months.
What is an airdrop?
First of all, let us start with the basics and explain what an airdrop is. In a few words, it’s free tokens or coins sent to your crypto wallet.
Whenever a decentralized company envisages to launch a new product, in order to increase the probability of quick user attraction and adoption it may do an airdrop. The company would send small amounts of the new virtual currency to the wallets of active members of their existing user base, follower base or blockchain community for free or in return for something. That thing may be as simple as retweeting a tweet, using their platform for a certain amount of time, on a certain date, etc. A company’s imagination is the limit.
This is a classical marketing stunt from which users may benefit hugely in case the specific project or product persists and attracts more new users after the airdrop. Obviously, it depends greatly on how much value the new project or product adds to its users. In the case of PulseChain the airdrop will be massive and so will be the added value. In fact, it will be the largest airdrop in history… literally.
If we want to be pedantic about it, PulseChain is not actually an airdrop but a “fork”. The difference between these two concepts is not relevant for the rest of this article. People like to use the term airdrop, so we will continue to use it here. The basic idea is that Ethereum is being photocopied.
What will happen during the PulseChain airdrop?
On the day that PulseChain launches, all ERC tokens on the Ethereum blockchain shall be copied over (duplicated) to the PulseChain. Yes, you read that correctly: your coins will double. PulseChain will be an exact replica of the Ethereum system state – a so-called “snapshot” – and anything you hold in your wallet on the Ethereum network will appear in the same wallet on the PulseChain network!
If you currently have 10k Hex, 0.5UNI and a couple of NFTs they are currently stored on the Ethereum blockchain. On day 1 Pulsechain Mainnet launch you shall have another 10k Hex, 0.5UNI and a couple of NFTs on the Pulsechain network. Switching between networks is easy and it can be done in a few clicks and copy/pastes on the most popular wallets. In addition to that, yo’ll be able to trade tokens on the Ethereum network and the Pulsechain network independently. Even tokens locked up in a liquidity pool or another smart contract, will be forked over to PulseChain. Yes, this airdrop will double your tokens, double your happiness.
Note that the tokens are actually not attached to the wallet, such as Metamask or Fortmatic, but to the public address instead (the public address is the long string on letters and numbers use to to receive and send tokens). The public address is then connected to the wallet when you log in to the wallet with your seed phrase.
We’ve tried to explain it simply in the image below:
PulseChain airdrop snapshot
One thing to note is that all ETH on the Ethereum network shall be copied over to PulseChain as PLS (on a one-to-one basis). Other ERC tokens shall retain their original name. So ETH becomes PLS; but HEX (on Ethereum) becomes HEX (on PulseChain). It is common for the Pulse and Hex community to add the prefixes “e” (for Ethereum) and “p” (for PulseChain) when speaking about tokens, to make it clearer for the listeners. For example, people often speak of eHEX and pHEX. But really they will both be HEX and, after launch, we will refer to HEX (on Pulse) simply as “HEX.”
And of course, if you have HEX that is currently staked, those stakes will be duplicated over to the PulseChain. If you have liquid HEX on Ethereum you will get liquid HEX on PulseChain.
Please note that the PLS tokens you will be airdropped in accordance with your ETH holdings are referred to as “freemium PLS.”
How about other networks such as Cardano, Solana, Fantom, etc.?
The tokens being copied over must be on the Ethereum mainnet. Any tokens bridged over to another chain, like Polygon or Binance Smart Chain or the ones mentioned above will not be taken into account during the airdrop.
Move your free PLS or lose it!
Yes, you read it right and this is important; freemium PLS must be moved or used, i.e. transacted within 30 days after launch otherwise it will expire, be burnt, deleted. You get the idea. If you participated in the PLS sacrificed or you buy some PLS at launch, it might be worthwhile moving all Pulse to a new address before the 30 days are up, then moving the Pulse back. This is because the function that extract the unmoved ETH will not be able to distinguish between freemium PLS, and PLS you purchase or receive otherwise.
This way, we’ll be sure that PLS on the Pulsechain network is active PLS. Pulse does endorse not apathy! The network can’t discern between Freemium Pulse and Sacrifice Pulse. So be sure to move it all. We’ll make sure to provide you a tutorial on how to do this as effortlessly and quickly as possible.
But, don’t worry, all other tokens that you are airdropped will not be deleted and can stay put. So, for example, if I receive a copy of HEX on the PulseChain, there is no need for me to move those HEX tokens as within 30 days; they will not be clawed back.
Not your keys, not your coins…
The tokens must be in your own wallet for which you control your own private keys. If you don’t control the keys, the centralized exchange or wallet provider will receive the airdrop, not you. If you did not understand this then you’re about to learn something very important. Any tokens held on an exchange such as Binance, Coinbase, Kraken or other are owned by that exchange’s address. Thus, your assets are in their wallet. Legally speaking the assets are yours, but they are as vulnerable as the weakest security link of that exchange, which may be your password, a bug on the exchange or another human’s mistake.
Get your assets out of the exchange by sending them to your wallet, such as MetaMask. Then secure your seed phrase and you’re ready for the airdrop!
How to instructions:
Have your assets on your wallet
Have your assets on the Ethereum network
Receive airdropped replicas of your tokens on day 1 of PulseChain mainnet launch
Make at least one transaction with all your PLS during the first 30 days. All other tokens can be left untouched in your wallet.
We hope that this article shed light on all your questions regarding the PulseChain airdrop. If anything is left unanswered please let us know!
*Please note that the above does not continue financial advice*
HEX - Where we've been; where we're goingLooking at the weekly chart, Hex completed wave 1, recording its first 100x from .000056 to .0056. It then consolidated in a zone that included the Big Pay Day event and bottoming out around .002, resetting the stochastic indicator. Hex then completed wave 3, recording its second 100x from .0056 to .56 cents and looks to again be consolidating in a zone bottoming out around .20 cents and resetting the stochastic indicator to complete wave 4. History doesn't repeat but often rhymes, so taking a bar pattern from the last consolidation phase and overlaying it with this consolidation phase, it looks to be setting up for wave 5 and its next 100x into 2023.
The fib fits perfectly if I place the bottom at 18.5c. The fib fits perfectly if I place the bottom at 18.5c.
Given that as a possible bottom, next targets I'm anticipating before the Pulsechain Fork are 58 c, 64c , and 70 c. Notice the 618 level matches the 2nd LSPY beautifully accurately. #HEX
(This will be adjusted bottom is in.)
When #HEX has shown positive divergence on the Stochsshowing lower prices
But the stochs are divergent
let's see if they HOOK up in the coming days
BE excited its only happened a few times before
double your stakes and coins on the upcoming #ETH fork
where will HEX be by then???
I say higher much higher
HEX 7.4 RRR longTrading Methodology:
1. An asymmetric bullish / bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line .
4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line.
This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.
Hype over HEX...Hex has been shocking people with its gains... looks good tbh... been in since early 2020. not staking tho...trading ;)
HEX/ETH chart finally breaking out (post Pulsechain sacrifice)?This could be the massive breakout for Hex now after pulsechain sacrifice phase over
HEXTemporarily bearish post sacrifice phase.
As snapshot gets closer, momentum will build again after a bottom is reached.
Then finally top of wave (5) I think will occur in the week prior to actual fork as people accumulate HEX to prepare for the moment of the fork to get a copy (pHEx) post fork.
HEX DistributionThis idea will be labeled as bearish but it should it be noted upfront that I am bullish.. just not at this immediate moment. But I am closely watchful due to the fact that HEX has bullishly engulfed and formed what might be a tweezer bottom candlestick formation on the 4 hour time frame, which are technically seen as reversal patterns.
HEX seems to print these formations a lot as it did similarly just over a week ago before running up 60% to all time highs. And now we find the asset in the process of doing it again should this bullish engulfing 4 hour candle close confirm.
It is this reason that although the price action is getting rejected currently by my .236 fib level, as well as below a bearish downward sloping trendline that has been serving as resistance since the top, I am watching closely. Also, the first important critical area of resistance sits just inches over the current price's head and could therefor be smashed through any moment. Likewise, a rejection can occur and send the price bearishly wicking right back to the downside.
Unfortunately, these things are also why I must mark this idea as bearish and warn against any immediate longs until at MINIMUM the price breaks back above the red .236 fibonacci level I have labeled and ultimately break the bearish, red downward sloping distribution line that has kept the price under water since its peak a few weeks ago.
HEX holding 5 cents after exceeding all targetsHEX smashed through the targets set in the last posting and is currently holding at the 5 cent level following a retracement. A pullback to the 0.618 Fib level would provide a possible entry at 3.5 cents. If Pulsechain gains adoption it is likely to increase awareness of the HEX token this is likely to have a positive impact upon the price of the HEX token in the long term.