HYPEUSDT.P is currently forming a wedge shape pattern, is it indicating that it will break out and follow Path A, the blue path? I'm not so sure, I am sure we'll hit $55 either way.If we take the red path, Path B, we'll come down to some heaviy support which could give us the fuel needed to get to $55
Out of all of the oscillators I was using, all except the chop zone on the daily mind you, were in bearish mode. So logically one would choose the red Path B right?
I can't wait to see how this plays out, shall we dip some and buy some more
HYPEUSDT.P on Path B or experience more of a continuation of the current trendline to $55?Let me know what you think in the comments, that'ls all for today, let's go HYPE!!! straight to $55!
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So it chose path A then
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SakisBack
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.