#hypesetomaunrespirito
hypesetomaunrespirito
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#hype #estructurabajistaen1h
We know that hype will rise no matter what,
but given the latest analysis, I've concluded that another pullback towards $60 is on the way.
After forming a double top pattern on the daily chart $HYPE , we can see how a bearish trendline has been forming on the 1-hour.
This doesn’t mean that hype has stopped being bullish; rather, it’s looking to repeat a support on the daily EMA before giving another bounce.
Entry: $70.50
Stop: $72.50
TP: $60.80
#hypesetomaunrespirito
We know that hype will rise no matter what,
but given the latest analysis, I've concluded that another pullback towards $60 is on the way.
After forming a double top pattern on the daily chart $HYPE , we can see how a bearish trendline has been forming on the 1-hour.
This doesn’t mean that hype has stopped being bullish; rather, it’s looking to repeat a support on the daily EMA before giving another bounce.
Entry: $70.50
Stop: $72.50
TP: $60.80
#hypesetomaunrespirito
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