HEXUSDC_F6DCDC trade ideas
#HEX consolidation continues #HVF pattern still valid Notice how the selling of this 3rd down draft is at a reduced angle in time.
In amidst the regulatory pressure from Gensler
and his wide net approach of calling everything a security
It is more important to ever to note the unique properties of HEX
No ICO
No Premine
I year launch phase
during which Bitcoin holders were able to claim and mint their own HEX
using a cryptographic signature
completed product from day 1
No roadmap
or team of developers to fund.
Users mint their own coins/rewards/interest
No centralised authority is required.
Coins trade on DEX's
In essence true defi
#HEX to push on to 59 cents a +28% move PLUS the opportunity
to get a copy of your tokens / contracts from the upcoming #ethereum fork
this target may well be blown away because of this fundamental bullish event
will we see a pullback post snapshot
quite probably
but from at what level 75 cents
a dollar?
who knows
but you have to be in it to win it :)
Sunday #bitcoin dump, have we invalidated the upside HVF??? Join me on a general chat of my experiences in #crypto
i've been speculating for most of my adult life
but now because of HEX I achieved all my financial goals and then some
Is it too late to get in
I say no as there is plenty of Opportunity left IMHO
#HEX H&S Invalidated?After seeing a downward move from an ATH of .49 and testing the 21 EMA on the daily, HEX appears to be consolidating with moving averages setting up for a possible move higher. A clear Head and Shoulders pattern was forming on the daily and a move lower is being rejected by price action and the H&S is invalidated IMO, making the formation on the daily begin to appear like a large Bull Flag.
Another week and a half of bull-flag consolidation?Hex looks to continually rest and consolidate in either downward channels or pennants .
My hypothesis is that Hex will form a pennant for about another 10 or 11 days and then when it hits the yellow/orange arc line, which it has respected until now, take off to new highs, like $.72 and $.88
Speculating on the #HEX price post dump...will we see another HVF develop and form?
Time frame unkown
but amplitude currently around 15 cents
a deeper correction will set up a bigger pattern
a complete reversal is always a possibility
something that all crypto's face the chance of doing.
Yet money flows where it is treated best, so not anticipating that sort of action.
HEX Token (HEX) • Correction now or double top?HEX is flashing another high probability correction.
I honestly have no clue how deep can the correction go but I outline the most significant zones.
Important to note that this last rally up produced signifiant leading volume on the way up to the top.
One thing that is still missing is a daily bearish divergence. Which we could get if HEX make a visit near 0.55 for then massive weakness and enter into a more aggressive correction.
At this present time while we dont have more price action the criteria to return to bull trend is to regain 0.445 and RETAIN it since there is a chance we can also produce a double top (fakout) here.
0.25 would be ideal price range to bounce back to trade above 0.31. If that level is lost then HEX more like to enter into a longer and deeper correction.
Volumes produces in the last 3 months total around HALF BILLION tokens traded.
This is very high but at the same important to note that the supply of this token is around 300B.
Likewise in the context os all supply the trade volume is not that big BUT it is significant in context of the relative strength of volume over past weeks.
Generally speaking when we see this massive volumes at the end/top of a trend probability of pullback is big.
Important to re-emphasise that despite seeing here pullback my criteria to classify it as a "bear market" is not yet meet (like trading bellow 0.25) but those who are long for awhile probably opportunity to take some profit aside and those who entered recently should definitely consider their entire position on this very overpriced token while it doesn't get even nastier.
It's a probabilities game and its context depends a lot where a trader got their average entry in.
HEXUSDC Huge Dump Incoming?After an incredible run in the past weeks one would think its time for a major pull-back, right? HEX continues to make new ATH's on weekly and daily timeframes, always tests its previous resistance as new support and then moves higher, textbook. Decreasing liquidity on Uniswap charts suggests moves higher are possible in the near term, with the possibility of $1 easily attainable after HEX continues to see massive amounts of adoption, even with high ETH gas fees. This Coin respects TA and will see much higher prices IMO.
info.uniswap.org
apphex.win
HEX Going to $1.09 by the End of September1. HEX is pre-viral.
2. Upcoming PulseChain snapshot where users get a duplicate copy of liquid and staked HEX.
3. Scarce supply due to centralized ownership and staking mechanism.
4. Broader crypto bear market. Money flows into HEX for fat green candles and insanely high yield.
5. New entrants can only buy hex on a decentralized exchange with low liquidity which drives price violently up.
Hex stakeSince you cant long it, stake it. This is nothing but the trend taken out 90 days, mostly because of supply and USD inflation dynamic USD/HEX supplies= price of HEX I assume.
There is approximately US$ 40 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts.
Money in the form of investments, derivatives, and cryptocurrencies exceeds $1.3 quadrillion.
So we take 1.3 quad$/572 billion and get .23 cents rounded.
Hex is nearly 40 cents $0.4... what is compound interest value, that seems to be nearly a double in value over the current value.
So the average stake length is over 4 years, then "we" are pricing in the value of 4.5 good years of compound interest.
Principal 100.000
Interest 104.922
$39.30
$41.23
Total Payout 204.922 $80.53
ROI 104.92%
THERE IT IS< THE DOUBLE UP PRICED IN NOW< WHILE SUPPLIES LAST!