$HYPE The rejection zone for $HYPE has rejected the price. This isnt' fully confirmed obviously until the candle closes, but if the candle does below the yellow zone, we look for a structure change and start building shorts.
The trade idea is simple, and early too given that we are trading HNS that hasn't been established yet.
$ETH The chart of ETH is down 12% since the breakdown of the smaller bear flag and is down 30% since the breakdown of the bigger one.
The small bear flag targets $1260 while the bigger one target $1097.
Right now the daily chart of Ethereum showing us a double bottom situation, which causes retail to lose their mind when they see something this, so when it consolidates here, it builds anticipation and liquidation right under $1450, important that we see reaction there as the market could slice through that level in an instant to cause fear #ETH #trading #crypto