You think $HYPE is correcting bcz the trend changed ? Look at the numbers again.
From 74.413 to 97.193, that's a 30% move in few days. Now we are at 87.265, barely -10% from the top. And the 7 days performance is still +14.66% !
The real question is not about the chart pattern. It's about your own strategy.
If you bought at 74, you are already in profit. So why panic ? If you bought at 97, you are -10%, but you knew the risk when you entered, no ?
The problem is most of you don't even have a plan. You just buy when it's green and sell when it's red. That's not trading, that's donating your money to the market.
Look at the 90 days: +66.02%. The 180 days: +110.70%. The structure is clearly bullish. But you are too focused on the 4h candles to see it.
Maybe you should ask yourself: did you buy $HYPE for a quick flip or for the trend ? Bcz if you don't know the answer, you are just gambling.
And in this game, the house always win.
$HYPE
From 74.413 to 97.193, that's a 30% move in few days. Now we are at 87.265, barely -10% from the top. And the 7 days performance is still +14.66% !
The real question is not about the chart pattern. It's about your own strategy.
If you bought at 74, you are already in profit. So why panic ? If you bought at 97, you are -10%, but you knew the risk when you entered, no ?
The problem is most of you don't even have a plan. You just buy when it's green and sell when it's red. That's not trading, that's donating your money to the market.
Look at the 90 days: +66.02%. The 180 days: +110.70%. The structure is clearly bullish. But you are too focused on the 4h candles to see it.
Maybe you should ask yourself: did you buy $HYPE for a quick flip or for the trend ? Bcz if you don't know the answer, you are just gambling.
And in this game, the house always win.
$HYPE
