I was previously bullish on $HEX for good reason considering aforementioned reasons in my previous trading view publication linked below.
However I have flipped bearish again because of the solid break below 17 - 18 c. The failure of the bullish shark harmonic is disturbing. But it is what it is.
I've painted the next supports below. Fib extension .618 is about 8 c which is a historical support level just previous to beginning of the sacrifice phase.
Just as there were 5 waves inside of wave A, and then you had a wave B relief rally, it makes sense there also be 5 waves inside of wave C.
I really want HEX to go up and to be bullish but just can't.
However I have flipped bearish again because of the solid break below 17 - 18 c. The failure of the bullish shark harmonic is disturbing. But it is what it is.
I've painted the next supports below. Fib extension .618 is about 8 c which is a historical support level just previous to beginning of the sacrifice phase.
Just as there were 5 waves inside of wave A, and then you had a wave B relief rally, it makes sense there also be 5 waves inside of wave C.
I really want HEX to go up and to be bullish but just can't.
