$HYPE trading at $91 HEAD &SHOULDER formation and a strong case for a deep correction back to $80–$82, even to $76.
I already have a short position on HYPE, targeting $82 for the short.
DCA at $92 if it goes there, and SL at $94.20. A 4H close above that level will invalidate the head and shoulders structure. So the show is on, let’s go!
For the majors, $BTC and $SOL :
I closed my SOL long, and now I’m looking at the weekly closing for a swing setup.
The direction I suspect is the $80,000 range because some fundamentals aren’t great for a strong move. Technically, we also have a lower-timeframe bearish flag formation on BTC, so be cautious.
$85,890 is the solid resistance and premium sell zone, while $82,750 is the key support. If that breaks, $79,570 will be on the charts.
The scenario is simple: I’m starting to build a short from the current market price, with SL at $86,600. I’ll wait and see what the market does. If it comes to the $85,800 zone, I’ll be going heavily at that point. If not, I already have some small positions giving me green!
So, I’m sleeping after this post and will see you after the daily closing. I’ll update you then.
For now, I’m in a short on HYPE and bearish on the LTFs for the majors.
See you soon. Take care, guys, and good night!
#BitwiseFilesFinalNEARSpotETFProspectus #BitgetHackerMoves$83MStolenXRP #StrategyStriveAdd2305BitcoinThisWeek #BitwiseFilesFinalNEARSpotETFProspectus
I already have a short position on HYPE, targeting $82 for the short.
DCA at $92 if it goes there, and SL at $94.20. A 4H close above that level will invalidate the head and shoulders structure. So the show is on, let’s go!
For the majors, $BTC and $SOL :
I closed my SOL long, and now I’m looking at the weekly closing for a swing setup.
The direction I suspect is the $80,000 range because some fundamentals aren’t great for a strong move. Technically, we also have a lower-timeframe bearish flag formation on BTC, so be cautious.
$85,890 is the solid resistance and premium sell zone, while $82,750 is the key support. If that breaks, $79,570 will be on the charts.
The scenario is simple: I’m starting to build a short from the current market price, with SL at $86,600. I’ll wait and see what the market does. If it comes to the $85,800 zone, I’ll be going heavily at that point. If not, I already have some small positions giving me green!
So, I’m sleeping after this post and will see you after the daily closing. I’ll update you then.
For now, I’m in a short on HYPE and bearish on the LTFs for the majors.
See you soon. Take care, guys, and good night!
#BitwiseFilesFinalNEARSpotETFProspectus #BitgetHackerMoves$83MStolenXRP #StrategyStriveAdd2305BitcoinThisWeek #BitwiseFilesFinalNEARSpotETFProspectus
