HEXUSD: Buy signal on an RSI Bullish Divergence.
HEXUSD is on a price Double Bottom while the the 1D RSI is rising for more than 3 weeks. This Bullish Divergence has been spotted on another two price Double Bottoms in the past 12 months. With the price also under the 1D MA50, on July 12th 2022 and October 15th 2022, that Bullish Divergence initiated a rally that peaked at +158% and 71.80% respectively. We are buying this structure and aim at another +150% rise (TP = 0.01700).
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