HYPE Ready to Surge! Wave C Done (4H)

Jan 24

Starting from the area marked with the red arrow on the chart, price action on HYPE appears to have completed a clear ABC corrective structure. This correction fits well within the context of a larger bullish cycle.

At this stage, wave C looks complete, and market structure suggests that price is attempting to transition from correction to expansion. If this interpretation is correct, we should expect the beginning of a new impulsive bullish wave, which has the potential to generate strong upside momentum and aggressive price acceleration.

The green zones highlighted on the chart represent our key demand and accumulation areas. These levels are considered high-probability regions for buyers to step in. Rather than entering with a single position, the preferred approach is to scale into the trade using DCA (Dollar-Cost Averaging) to manage risk and reduce exposure to short-term volatility.

As long as price holds above these key levels, the bullish scenario remains valid. The upside targets are clearly marked on the chart, aligned with previous structure, Fibonacci extensions, and logical resistance zones where partial or full profit-taking can be considered.

⚠️ Risk Management Note:
This analysis will be invalidated if a daily candle closes below the invalidation level marked on the chart. Such a close would indicate weakness in structure and negate the bullish setup, signaling the need to exit long positions and reassess market conditions.

Overall, this setup favors patience, disciplined entries, and proper position sizing, as the potential reward justifies a structured and risk-aware trading plan.

If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.

This is not a trade setup, as it has no precise stop-loss, stop, or target. I do not publish my trade setups here.

Jan 25

Trade closed manually

⚠️ Considering that the candles showed a rejection on the 1-hour timeframe and price is approaching the previous entry zone, an update is needed.

For entering a position, it’s better to wait for price to hold and consolidate above the red zone and then look for a long buy entry. The fast rejection suggests a pullback into the supply area, and for now, the bulls have not stepped in.

So don’t FOMO be patient and wait.