
Kifayaha
966 posts

Kifayaha
@ratherdawood496
nothing new,just sitting on the river edge . in the world of trading btc,crypto. See you their ,say Good luck to me.


So many good answers! So here my take on $HYPE (very long post). This is one of the few charts that has two very clear bullish characteristics: It is up trending in most of the HTF structure. Ranges are clearly showing signs of accumulation, with the range low being deviated just before the next leg up. Therefore bias, using both structure and ranging behavior, is bullish. Having a bullish HTF bias, interest is for longs, at least from a swing perspective. Short interest is only for scalps. The best trend portrayal is the 8H trend, 200 EMA, and MA. If $HYPE is truly strong, and if this is truly to continue higher, it should avoid doing a few things; otherwise, all the above would be invalidated: Deviating too much in the last range Losing the 8H trend Losing the key fibs of the last leg up. Therefore, we can find confluence of these three factors more or less in the same place, at around the $33 to $35 level. This confluence, 8H trend, previous range high, and fibs is interesting per se, so it could potentially justify a swing entry there on blind bids. Otherwise, you could simply leave some alarms there and wait for an LTF structure to form. The invalidation would be a loss of the 8H trend along with a full deviation back into the old range. Should the $33-$35 level hold, it could aim at a fresh HH and potentially at price discovery in due time. If you want to trade this and many more with zero fees on spot, use WOO X Pro: wooxpro.com/en-US/invite/P…







$HYPE I am short here in a standard range bearish deviation with a 3 tap. 1. Range is formed. 2. Deviation above. 3. Bearish MSB. 4. Retest of supply + range high + Fibonacci levels. Chasing a bit on the entry, but will add a bit in case it gives a bounce. Invalidation break above range high. Aiming at mid-range and range low. I am still holding my spot positions on HYPE, but this range, anticipated to subside on Friday, is becoming too clear to pass. 8H trend catching up not at mid range, so key level to monitor. We will see.




Funny eh? 😉 Now either it fully deviates back in the range or it will start downtrending. $BTC







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$HYPE I am short here in a standard range bearish deviation with a 3 tap. 1. Range is formed. 2. Deviation above. 3. Bearish MSB. 4. Retest of supply + range high + Fibonacci levels. Chasing a bit on the entry, but will add a bit in case it gives a bounce. Invalidation break above range high. Aiming at mid-range and range low. I am still holding my spot positions on HYPE, but this range, anticipated to subside on Friday, is becoming too clear to pass. 8H trend catching up not at mid range, so key level to monitor. We will see.













