HYPE Swing Long Idea
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
HYPE is showing relative strength compared to other crypto assets.
Price bounced from the bullish trendline, forming a 4H demand zone.
It tapped into this 4H demand zone again and found support, confirming buyers’ interest.
📌 Game Plan
I will be watching for a return to the 4H demand zone and a run of the first tap at $42.4 to initiate a potential all-time high move.
I will also be looking for either a tap or deviation from the bullish trendline, followed by a close back above it.
🎯 Setup Trigger
I will be waiting for a 4H–1H market structure shift before entering the trade.
📋 Trade Management
Stoploss: 4H–1H swing low confirming the BOS
Targets:
TP1: $47.4 – Internal High
TP2: $49.8 – All-Time High
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
HYPE is showing relative strength compared to other crypto assets.
Price bounced from the bullish trendline, forming a 4H demand zone.
It tapped into this 4H demand zone again and found support, confirming buyers’ interest.
📌 Game Plan
I will be watching for a return to the 4H demand zone and a run of the first tap at $42.4 to initiate a potential all-time high move.
I will also be looking for either a tap or deviation from the bullish trendline, followed by a close back above it.
🎯 Setup Trigger
I will be waiting for a 4H–1H market structure shift before entering the trade.
📋 Trade Management
Stoploss: 4H–1H swing low confirming the BOS
Targets:
TP1: $47.4 – Internal High
TP2: $49.8 – All-Time High
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน