Hex - Technical Analysis - $HEX


Site Admin
Apr 2017


I keep hearing about Hex, which describes itself as the first certificate of deposit for the blockchain. Looking at the charts...

On the 4 hour, Hex price action has been respecting several daily and weekly support/resistance levels. And the trend is upward...

Hex is currently breaking through a weekly support level. If it tests and flips this level as support, that's a good buying opportunity, with nothing in the way up to 17 cents for taking profit.

Zoomed in on the 1 hour chart, Hex has printed 2 candles above the weekly level. If the retest becomes a SFP, expect a retrace to 14 cents and the next level of support below that is the golden pocket around 12 cents.


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