$HYPE UPDATE
Hype is definitely bullish and ready to go to at least $110 mark once the market moves.
There are two buying setups:
- Market buy. This is the riskier setup as the stop loss should be located far away from the entry price.
- Limit buy. In case of the $97 resistance breakout. This is the safer option because 1) it triggers after breakout confirmation and 2) it provides better RR.
You decide.
Hype is definitely bullish and ready to go to at least $110 mark once the market moves.
There are two buying setups:
- Market buy. This is the riskier setup as the stop loss should be located far away from the entry price.
- Limit buy. In case of the $97 resistance breakout. This is the safer option because 1) it triggers after breakout confirmation and 2) it provides better RR.
You decide.