1D $HYPE Wave Analysis
Sorry for the messy drawings on $HYPE
Price is in discovery mode so there’s not enough levels to look for where we can expect supply to come
The only viable way was to use wave theory and as per that I can expect
~68-70 then back to ~56-58 and final wave to be put around ~75-80.
Be cautious as wave 3 is still in play and high formation has not been done so it can extend to 3.618 (~79-80) and if it does then wave 4 and wave 5 target will change.
Look for strong bearish reaction in form of a candle or use order book/ derivatives data at 68-70 for confirmation.
Not a financial advice. DYOR
HYPEUSDT
دائم
63.16
+0.27%