HEXUSD TA Time!
Hello fellow traders!
Time for some time TA. Hex is looking pretty bearish. Which will end soon or later. This is how markets goes. It was a 45% chance of going down. Unfortunately it did and rejected the bulls. Nonetheless, as you should heard by now. "When others are fearful, that's when you should be greedy" and of course vice versa. For more accurate predictions. We will have to wait for the next bottom or pattern to arise.
Long term:
The price never broke the golden fib level. Meaning the correction of the parabolic run continued. We've seen this many times happening with BTC.
I reckon the price could go down a bit more. I'll be carefully DCA-ing from this point. Wait for HEX to end the bear market/correction. Keep in mind that HEX is currently one of the most robust crypto out there. 100% uptime.
Short term:
Looks like EMI 2 is showing that there is a bullish divergence forming with the trendwaves. Additionally the stoch RSI are entering the oversold territories. Which means there is still more room for price to go down. Not much however there is still room. So if you're dca-ing, buying or whatever. You might want to do it in proportions. Until it's for certain that the bear market is over.
PulseChain/PulseX:
Ironically the bear market could be quite convenient. I reckon it would be smart to take a snapshot in the bear market. Which could be nice for the ones who missed the sacrifice phases and of course the crypto market.
To be concluded...
Time for some time TA. Hex is looking pretty bearish. Which will end soon or later. This is how markets goes. It was a 45% chance of going down. Unfortunately it did and rejected the bulls. Nonetheless, as you should heard by now. "When others are fearful, that's when you should be greedy" and of course vice versa. For more accurate predictions. We will have to wait for the next bottom or pattern to arise.
Long term:
The price never broke the golden fib level. Meaning the correction of the parabolic run continued. We've seen this many times happening with BTC.
I reckon the price could go down a bit more. I'll be carefully DCA-ing from this point. Wait for HEX to end the bear market/correction. Keep in mind that HEX is currently one of the most robust crypto out there. 100% uptime.
Short term:
Looks like EMI 2 is showing that there is a bullish divergence forming with the trendwaves. Additionally the stoch RSI are entering the oversold territories. Which means there is still more room for price to go down. Not much however there is still room. So if you're dca-ing, buying or whatever. You might want to do it in proportions. Until it's for certain that the bear market is over.
PulseChain/PulseX:
Ironically the bear market could be quite convenient. I reckon it would be smart to take a snapshot in the bear market. Which could be nice for the ones who missed the sacrifice phases and of course the crypto market.
To be concluded...
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