Based on historical corrections where the asset took about 3 years to retest the all time high.
Super scarce asset. All supply minted into existence in the first 101 days. Zero inflation. 6,094,659 total supply. Users can stake $PLSD in the near future for yield in PulseBitcoin. Asset has centralized ownership where the top 5 wallets control 17.89% of the supply. High demand for this #meme token since it markets two important assets: Doge and Bitcoin. Free...
No asset with "cult" branding or a "manifesto" will survive. It will go to $0.
Price went up ten thousand times from the ATL. Many became multimillionaires in less than 2 years. These early adopters place constant sell pressure on the price when they mega dump. Apparently, they never learned how to extract value via an LP position on Uniswap V3. Or, via limit orders. These Rolexicans dump the asset perpetually and flex on Twitter. They cash...
Price crashed 80% over the span of 7 months to form one giant bull flag. The target is the length of the flagpole.
I am calling the blue support as the absolute bottom. Price has gone down 80% over the span of 7 months. Either buy the bottom or get left behind. Your choice.
HEX is a get-rich SLOW scheme. The wise investor buys the asset and stakes for 10 + years to capture 100% of the USD price appreciation for the principal AND the interest. Buy the asset and go LONG. The staker class gets yield in two assets: HEX + hedron. Generally speaking, after a major crash, the price takes awhile to recover the peak where it fell from....
This idea is based on hex price performance in the first 129 days from its all time low of $0.00005655. I am projecting the same type of performance for Hedron from its all time low of $0.00000052. Let's see how this idea play out. Pure conjecture.
Each horizontal line represents a 10X move. The starting point is the all time low. I think there is some wisdom in taking profit after a 100X move from the bottom. I would not exceed 10%. Give this asset 10 to 15 years to mature in value.
This brand new asset is intricately tied to hex. HEX stakers can freeclaim hedron against their native stakes. Hedron will have sell pressure since freeclaimers will dump their hedron and many hex users will extract value by using Hedron as the liquidity. However, Hedron will also have buy pressure since users want the asset for HSI's that get liquidated due to...
It might be wise to give this brand new asset about 33 days to retest the bottom. Recall that HEX reached its all time low 33 days after launch. Many early adopters of hex have minted large bags of Hedron. It is logical to conclude that some of these players will dump their entire bags since they received "free" money. Buyers can dollar cost average into the...
This is an ultra-conservative projection for hex to retest its all time high. I am suggesting that the recovery may take a bit longer than what many hope for or expect. We can monitor the progress to see how this idea plays out. Usually, recoveries of this nature just take time. Patience is key.
The arrow represents the average rate of change from the all time low ($0.00005655) to the projected target ($29.60).
Reversal at 12 cents seems very likely since we have a broad double bottom. Price bounced hard to 35.4 cents from this level in the past. A retest of the ATH is expected.
The MINIMUM price for HEX by EOY is $3.74. The MAXIMUM is $43. This holds true IF AND ONLY IF the price remains in the parallel channel. **NOT FINANCIAL ADVICE. PURE CONJECTURE.**
Bullish pennant pattern posted for observation. The price is ready to reverse after many weak hands have been shaken out over the span of 5 months.
What is most remarkable about this idea is the length of the flagpole! The current crash has been nothing more than a pennant formation. And, the price is ready to reverse from a higher low which is insanely bullish. If this idea plays out, then HEX should be trading around $38.19 by November 28 of this year. Zoom out. Stake and chill. **PURE CONJECTURE. NOT...
This is a conservative projection with respect to how long it will take for HEX to retest the all time high. The idea is based on symmetry. Broken supports become resistance for the price. HEX will battle through these points of resistance and this requires the element of time.