#hyperompimientoflojo
hyperompimientoflojo
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#hyperompimientoflojo As I mentioned the last time I talked about $HYPE , it was caught in a bearish trendline on the 4-hour chart since its peak at $75, a line it has already broken and confirmed that breakout. But let's not count our chickens before they hatch, as this breakout hasn't managed to reach the previous high; in fact, it fell quite short, only reaching $62.47.
Then it ended up drawing a high-test candle, followed by a movement that shows us a deceleration on the 15-minute chart. For now, we just have to wait for support on the 4-hour timeframe around the EMA(50) at about $59-$58.30. In terms of a broader reaction zone, we could mark $59-$57. If those levels are lost, we might expect new lows. The good news is that the 15-minute chart still shows a bullish setup. So cross your fingers for it to take control.
#todossomoshype
Then it ended up drawing a high-test candle, followed by a movement that shows us a deceleration on the 15-minute chart. For now, we just have to wait for support on the 4-hour timeframe around the EMA(50) at about $59-$58.30. In terms of a broader reaction zone, we could mark $59-$57. If those levels are lost, we might expect new lows. The good news is that the 15-minute chart still shows a bullish setup. So cross your fingers for it to take control.
#todossomoshype
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