HEX is in a descending parallel channel on the weekly line chart .
Now ,that middle line is lost ,price should test the lower line (now roughly at 0,085c)


Target1 : 0,085c (that should send the weekly RSI near 30 reading) .
This is also -83% from ATH . (last bear market BTC bottomed at -83% from ATH)

Target 2: 0,04-0,05c (should play out with a higher high on the weekly RSI=bullish divergence)

Target3 : 0,015c (this target is less possible but still on table if sh hits the fan around the world)

Short. Invalidation :0,185c .....anything under 18c is BEARISH and price should meet at least one of our targets.
Bearish PatternsBTCChart PatternscryptoETHHEXTechnical IndicatorsrektshortTrend Analysis

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