Will HEX breakout of year long channel UP or Down ?Will HEX breakout of year long channel UP or Down ?
If everyone staking HEX takes profit and sells during this possible breakout move. The price will go down. UNLESS there is enough interest to drive new buyers to HEX to absorb those who sell HEX.
*ALSO if the price starts to go up, Stakers could initiate a new stake and forego pulling profit out.
HEXUSDC_F6DCDC trade ideas
SUCH A BEAUTIFUL SITE #HEXI haven't seen a chart this magnificent in a while. If you've ever looked at HEX before and haven't viewed in logarithmic scale, then do so. We're talking about a long term hold here, so we need to be log scale. The bounce off that .382 is just wonderful to see and right now we just hope it holds above until months end. Currently at this post we are trying to breach around .182 and I can easily see a push from here to back around the 1.618 (0.3504). Momentum is currently on our side with the RSI curling back upwards and a hopeful shift in MACD.
HEX short term bearish Once again, 2hour BB middle line proved to be a resistance for HEX price .....HEX is breaking down, horizontal supports are at 0.1818cents !if that does not hold ,price could drop to 0.124cents!Theres also a quite major daily bear flag measurement, pointing towards 0.12-0.14cent area! The 2hour DMI is extremly warrying, with bears taking control and the ADX line is completley reseted for a run ...if we dont see huge green candles,that run could be a bearish one !
However 0,18 cent area is quite major ,it is 66% retrace from ATH (usually a very strong number for reverse). Also ,18cents is the previsious consolidation top so basicly we are retesting that .
I DO EXPCT A BIG BUY at 18cents!! time will tell if it will be a dead cat bounce or will be good enough for new ATH ...
#HEX time to REUP!I been buying from $0.27 cents down to 19.6c
adding to my position growing my shares
Accumulation never ends.
Onwards & upwards
hex went from around penny to 51 cents in a few months,.
the local bottom at 18.6c should provide plenty of opportunity to go on and break $1
a Key psychological milestone of course.
Where to buy and why Looking at the charts and seeing where HEX has come from, I think I could be wise to say that we will not see a rise til late NOV
BTC is to pump and theres lots going on in the space with other projects, Hex is designed to perform in Bear markets and we are clearly seeing Shhht coins pump.
Hex green candle forming on daily heikin ashi- target ATHwith daily RSI highly oversold and double bottom formation
- target ATH - 0.48-0.51
- possibly in next 10-15 days
- hopefully expect some quick price action when it starts
- if breaks 0.20 support then looking at down to 0.12-0.13 levels- which will be highly oversold- expect massive bounce here.
HEX final C wave in the correction. Then bulls come backGood afternoon traders.
Here is a best guesstimate of the price action HEX should see over the next few months. Right now we are in the final moments of the correction and are in the "C" wave of this "Zigzag" correction. This is wave 4 of 5 in the current cycle (blue) Then we will have another 5 wave impulse which can either be a normal looking impulse or an ending diagonal. In a normal healthy market this should make an exciting new high but wave 5's have a small chance to disappoint. Investors should keep this in mind. It's great to be optimistic but one must also consider possible risks. If we see a slow moving wave 5 it might be what's known as a "truncated wave 5" this means that the last leg would not even break the previous high... This is a VERY RARE occurrence but nevertheless it can happen.
This last bull run if its normal and healthy should continue to hug the top of the trend channel and end somewhere between $1 and $3. Then another sideways move (this one likely will be a "flat correction" since the bigger cycle wave 2 was a zigzag)
On the fundamental side bullish sentiment for HEX doesn't seem to be ceasing, I can see more eyes on HEX videos in social media and Pulsechain is around the corner, there will be alot of people who want to get their free HEX and stakes on the Pulsechain fork once it launches so they will buy HEX on Ethereum. Also HEX still hasn't gone viral like some MEME coins have. Also lastly there is a fact that many seem to overlook with this coin.... the T-shares. T-shares (and shares in general) are a deflationary asset. Once your shares have paid out your HEX, they are burned and can never come back again. Large multi-millionaire whales have started to make "rolling stakes" which expire every 30-60 days. In this process they are NUKING T-shares. So this is bullish in two ways:
1) They are going to have to buy more HEX to stake for T-shares in order to keep up their addiction of this passive income from inflation since every time a share is burned more HEX is needed to acquire one.
2) Existing shares will have to pay stakers more HEX per day over time since HEX's supply inflation is locked at 3.69%. This means a lower number of shares will have to pay this same inflation. This is good for those who have long term stakes... But of course this depends on the size of the staking pool. Now roughly 9.9% of HEX's supply is in the share pool. Once this pool increases everyone's individual slice of the inflation pie gets smaller. In an example of if 90% of ALL HEX is staked, no one can earn more than 4.12% APY in simulated interest from inflation. But by the time that happens the price of HEX in terms of fiat would be very VERY expensive.
So back to this correction, I am expecting to see a little more blood in the streets as weak hands fold and dump out all their HEX (which is a bullish indication) and I'd like to see around $0.16 and $0.19c as a bottom before we rise.
Hex retracing to convergent supportsFollowing 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.
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*
Strong Warning: Do NOT Miss the Move of HEX to $29.60HEX has followed a similar trajectory as Bitcoin (2010 - 2011) with respect to price points.
From 2010 to 2011, BTC had the following movements:
8.58 cents —> 5.05 cents —> 39 cents —> 19 cents
—> $1.09 —> 68 cents —> $29.60
HEX movements:
9.79 cents —> 6.48 cents —> 51.31 cents —> 19.47 cents…
HEX projection:
19.47 cents —> $1.09 —> 68 cents —> $29.60
Analysis of Hex crypto tokenFirst I want to thank all the Tradingview community for all the lessons and ideas presented here. I am new to crypto investing and now have an interest in learning charting analysis. Having viewed ideas from the tradingview community, presented above is an example of my rudimentary application of key chart observations, applied to the current course of the Hex crypto token. Hex is a decentralized cryptocurrency on the Ethereum blockchain which has seen a meteoric rise in adoption due to its proof-of-stake method of inflation, rather than a proof-of-work by mining. Hex assigns inflation to stakers at a 20% annualized inflation rate in which new tokens are minted at end-of-stake. All stakers share in penalties collected from early end of stakers.
After doubling in value 12-fold with increasing returns up to 10,000% Hex appears poised to continue to double in value q 46 days… until I bought it. All of my tokens are staked in annual stakes up to 5 years in length. Because of penalties for breaking stakes earlier than posed, There is no use in worry… it is what it (I refuse to finish a cliche but you know what goes here). This being said, I am enjoying the charting analysis lessons and ideas presented here by the community, and am presenting mine here.
Hex experience a long run up to an ATH of 0.51 and quickly faltered in price down to 0.21 USD. This chart represents a uniform decrease in daily highs and lows down to what I had hoped is a Support value of 0.22 USD, which now appears to be .20 USD. Two tests were defined in the above chart and failed. It was expected that, after reaching a level of support, that the third tap on Support would provide some direction, ideally up. The taps continue however with the last tap falling below the level of Support, albeit with a tiny tiny recovery.
As the jury is still out on this, I now have a tool which I can use to monitor my investment, I will keep this chart, tweak it and learn more from others lessons and ideas presented. I’ll appreciate any comments.
Thank you.
-N
HEX -Where is the bottom? BUY THE DIP!!I have taken 4 indicators into consideration to help us find confluence so that we can give ourselves a better idea of where this bottom could be and BUY THE DIP
1) FIB RETRACEMENT LEVELS- The 0.786 fib is sitting at $0.17
2) PREVIOUS ALL-TIME HIGH RETEST -The last all-time high daily close was at $0.17 15 July 2021 and we could be heading for a retest of this level.
3) 200DMA - The 200-day moving average is also sitting between the $0.17 and $0.18 area.
4) TD SEQUENTIAL. The TD sequential will hit a daily 9 bottom on the 3rd of November.
If all the above line up we could see a retest of the 200DMA, the 0.786FIB, and the previous all-time high on a daily TD 9. I would be looking for a bottom at these levels on the 2nd - 3rd of November :) Happy staking and good luck :)
HEX 3D CHART- Is the Bottom In? HEX 3D CHART W/ ANALYSIS
⚪️ANALYSIS
Descending triangle played out to a tee. Meas. Move to the 0.618. Investors like to play these golden pockets for area to pick up retracements. Fib possible projections are outined on the chart for a bounce if HEX break ATH.
SRSI Low
MACD Low
FIB Retracement to the 0.618
*Note about the bottom indicator.
Would like to see the YELLOW line (regular Stoch) dip to oversold region as well but not necessary. if all 3 indicators get to a “bundle” under the oversole area + it throws a MTF (multi time Frame) stoch buy (green buy signal) then on these higher time frames it can really be a great sign for reversal.
We are simply looking for as many points of colfluence as we can find. That what gives us an egde.
DISCLAIMER: NOT FINANCIAL ADVICE
FOR EDUCATIONAL PURPOSES ONLY
HEX USDC Uniswap 1DTesting support from the beginning of this run up. Last time it broke down below the 99 day MA was in March. I would be surprised if it breaks much lower from here, considering Pulsechain launch coming up and historically HEX does not stay below the 99 day MA for long. If it breaks below the red box then expect an extended accumulation phase.
Slight adjustment to pitchfork holding wave fo HEX on the weeklyLooks like we hit nail on the head, be patient, have them limit orders set from the 0.782 fib and at every fib level down to the 1.414, HEX is not dead wave 5 of one should be a good 1 to 1 extention of wave 3 of 1, so depending on where wave 4 of one lands you will see a good return.