HexaTrades

HexaTrades Jun 16

CRYPTOCAP:ETHFI is consolidating within a symmetrical triangle on the 4H chart, with price tightening between descending resistance and rising support. A breakout or breakdown is likely soon. Watch for volume confirmation. Key levels to watch: $1.35 (resistance) and $1.00 (support). Breakout could lead to $1.50+, while breakdown risks a drop toward $0.95.

HexaTrades Jun 11

ETHUSDT Technical analysis update ETH price has been trading within a channel pattern for the past 30 days, with the 100 and 200 EMA acting as strong support on the 4H chart. Therefore, the likelihood of the price dropping below the 100 and 200 EMA on the 4H chart is very low. Once the price breaks above the channel resistance, we can expect a strong bullish move...

HexaTrades Apr 29

The Bitcoin chart shows a repeating pattern of consolidation lasting 215 days before each major upward breakout. This cycle has occurred multiple times over the past two years, with each accumulation zone followed by a strong bullish rally. Currently, Bitcoin is once again emerging from a similar 215-day consolidation phase, suggesting the potential for another...

HexaTrades Apr 29

BTCUSDT technical analysis update BTC price could drop to the GETTEX:89K –$91K range before moving higher. There's a CME futures gap at $90.7K, which may act like a magnet. BTC has strong support around $90K and may see a small pullback before reaching a new all-time high.

HexaTrades Apr 29

THETAUSDT has once again respected its long-term support zone, . This area has acted as a reliable demand zone multiple times in the past, leading to strong upward moves. The recent bounce from this level indicates continued buyer interest and potential for a bullish reversal. If the current momentum sustains, we could see a move toward the $2.00–$2.50 range in...

HexaTrades Apr 28

SNXUSDT Technical analysis update SNXUSDT has been trading inside a clear descending channel for the last 1700 days. Recently, the price touched the lower support of the channel and is now showing signs of a bounce. If the current momentum continues, SNX could move upward toward the upper resistance of the channel. A breakout above the upper trendline would be...

HexaTrades Apr 28

SUSHIUSDT Technical analysis update. SUSHIUSDT has respected a strong horizontal support zone for several years, as shown by multiple successful retests. Every dip into this support area has triggered a notable bounce. Currently, SUSHI is once again bouncing off this major support, and the price action suggests potential for a larger bullish move ahead. Before...

HexaTrades Apr 28

VANUSDT Technical analsysis update VANA has been forming a symmetrical triangle pattern over the past 90 days on the daily chart. A bullish move is expected once a breakout occurs. Additionally, a bullish MACD crossover happened a few days ago. Let's wait for a breakout above the triangle resistance for bullish confirmation.

HexaTrades Updated  Apr 28

BTCUSDT Technical analysis update -March 2024 resistance is now expected to act as a strong support level. -The price has touched the 0.618 Fibonacci retracement level, suggesting a potential reversal from this zone. -The 200 EMA on the 2-day chart is positioned as a strong dynamic support, reinforcing the bullish case. We can expect a bounce from the $72-75k level.

HexaTrades Updated  Apr 28

MANA is currently testing a long-term descending support trendline on the weekly chart. This level has acted as a reliable bounce zone multiple times in the past (highlighted with arrows). -Price is holding above a major support level (~$0.21), showing signs of demand. -Weekly RSI is forming a bullish divergence, with higher lows on RSI vs. lower lows on price —...

HexaTrades Updated  Apr 28

Chart shows the daily Ethereum (ETH) futures on CME, highlighting three significant CME futures gaps—areas where price jumped due to the weekend market closure. These gaps are key zones where price has historically returned to “fill” the missing trading activity. Gap 1 at $1,770 is the most recent and closest to the current price of $1,477, suggesting a possible...

HexaTrades Updated  Apr 28

The price of FLOKI has dropped back to an important level where it used to face resistance before going up. Now, this same level is acting as support, which could lead to a bounce. We also see a bullish divergence on the RSI, It often signals that selling is slowing down and a reversal might be coming. If the price holds above this support zone, we might see a...

HexaTrades Apr 28

PNUTUSDT Technical analysis update PNUTUSDT is breaking out of a wedge pattern on the daily chart after three months of formation. We also observed a bullish RSI divergence in the daily timeframe, along with a MACD bullish crossover a few days ago. A 50–100% move could be seen in the mid-term.

HexaTrades Apr 28

VINEUSDT Technical analysis update VINE has formed a triangle pattern at the bottom, and the price is about to break the triangle resistance. The 100 and 200 EMA are also about to form a bullish crossover. A bullish confirmation will occur once the price breaks out of the triangle formation.

HexaTrades Apr 23

The above chart presents a macro view of Bitcoin’s monthly price action, showcasing the historical pattern of bull and bear market cycles. Each green box highlights a bull run lasting approximately 35 months (or 1,066 days), a consistent duration seen in the previous two cycles from 2015–2018 and 2019–2022. The current cycle, which began in late 2022 or early...

HexaTrades Apr 21

TIAUSDT Technical analysis update TIAUSDT has been trading within the longest descending channel. The price has once again touched the channel support and also retested the November 2023 support level or bottom. A strong bounce from this zone is likely, and we could potentially see a 100–150% move from the current level.

HexaTrades Apr 9

DENTUSDT is trading at a strong support level on the weekly chart. This same area has been tested several times in the past, and each time the price bounced back up. Once again, the price has reached this support zone and is starting to show signs of a possible bounce. As long as the price stays above this support area (around 0.00050–0.00060 USDT), there's a...

HexaTrades Apr 7

BTCUSDT Technical analysis update BTC price is currently retesting its major support zone, which was previously a strong resistance area, now acting as support at the $70K–$75K level. The price has just touched the $75K support zone, and we can expect a consolidation above the $70K level followed by a potential bounce back or a V-shaped recovery from the current...