Many Cryptos have turned weak as of late with the exception of HEX. HEX many times seems to be uncorrelated with the majority of Crypto and I really like the recent action in HEX. It had around an 80% correction which is something we actually see a lot in Crypto. Both Ethereum and Bitcoin have had 80% corrections in the past that signaled significant lows so maybe this 80% correction in HEX is signaling a significant low. In this chart I show the 50 day moving average, recent swing highs and lows and trend lines I have been following. With HEX regaining the 50 day ma and breaking above the downtrend off the all time highs I see a test of .28 in the very near future. If we can see daily closes above that .28 I think that all times around .51 are very doable in the coming months. I'm wrong on this trade if we see a breakdown below my uptrend.