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$HYPEUSDT Update: 30 minutes
This is a short-term chart for $HYPE coin. We are mainly bearish, but we have recently seen an upward move here. Many people might make the mistake of buying on the first breakout above the triangle, but you can see there are many wicks and rejections around this area. Therefore, a true breakout would be above the red downtrend line. We are patient and currently holding our short positions with small losses, and a breakout from above would lead to a rise. So we are holding until the target or until that happens.
This is the most likely scenario for me.
$HYPE
#GateSquareAprilPostingChallenge #MarchNonfarmPayrollsIncoming #CryptoMarketSeesVolatility #OilPricesRise
This is a short term chart for $HYPE coin, Mainly we are bearish, but we see a recent pump here, many people would do a mistake by longing the first break-out above of the triangle, but you see there are many tails, rejections around of this area, so a real break-out would be above of the RED downtrend line, we are patient, currently holding our shorts at small losses, a break from above will lead to a pump, so we are holding until target or until that happens.
Most possible scenario for me.
$HYPE
#GateSquareAprilPostingChallenge #MarchNonfarmPayrollsIncoming #CryptoMarketSeesVolatility #OilPricesRise