$HYPE : BEAR FLAG ?
I drew 1h time frame $HYPE chart .
Let's understand -
Pole: Dump from ~$85 toward ~$78.6–$79.
Blue Lines- Both are the blue lines indicating as a resistance & support. If the price breaks the support and get confirmation, this flag will play out , But If the price breaks the resistance that means invalid bear flag . Keep an eye on $BTC moves . Traders take entry only after break out with confirmation and exit at $76.51. As usual Do your own research before taking any action .
#DYOR #NFA
I drew 1h time frame $HYPE chart .
Let's understand -
Pole: Dump from ~$85 toward ~$78.6–$79.
Blue Lines- Both are the blue lines indicating as a resistance & support. If the price breaks the support and get confirmation, this flag will play out , But If the price breaks the resistance that means invalid bear flag . Keep an eye on $BTC moves . Traders take entry only after break out with confirmation and exit at $76.51. As usual Do your own research before taking any action .
#DYOR #NFA
