The HYPE formed a bullish flag, and the price movement consolidated after breaking through it. It's more likely that the movement will continue to a level above the formed liquidity. A strong support area has also formed just below the bullish flag, which can be used as a lower boundary.
After breaking through the lower support area at $27.425, the movement will be downward, and the formed bullish pattern will be broken.
Full breakdown with levels and graphs on the website
After breaking through the lower support area at $27.425, the movement will be downward, and the formed bullish pattern will be broken.
Full breakdown with levels and graphs on the website
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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.
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.