HEX

HEXUSD Falling Wedge breakout tests the MA100 (1d).

288
HEXUSD crossed over both the 2 month Falling Wedge pattern, as well as the MA50 (1d).
This is a clear bullish signal for the long term but the short term is still limited by the MA100 (1d), which is unbroken since May 11th.

Trading Plan:
1. Buy after the price crosses over the MA100 (1d).

Targets:
1. 0.011800 (Resistance 1).

Tips:
1. The RSI (1d) turned quickly overbought over the 70.00 level. That potentially indicates that unless the MA100 (1d) breaks, the market needs a relief pull back or consolidation until those levels get neutral again.

Please like, follow and comment!!

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.