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The Long Investor - $HYPEUSD
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$HYPE continues to move very controlled and offer no surprises
This Wave 4 has been textbook and the only criticism I can give this price action all year is that it failed just short of testing the 1.618 Fib at Wave 3 before pulling back, otherwise flawless
$HYPE has pulled back with $BTC and $ETH and the crypto sector but remember, this is in Wave 4 and not Wave 2 unlike the two leaders.
We are watching for a test of the 0.38 Fib next at $68 and this will complete wave c of Wave 4 for me
A hold above $68 and I am expecting Wave 5 next to the 2.618 Fib with a PT of $162 for a standard completion of an impulse count.
$HYPE continues to move very controlled and offer no surprises
This Wave 4 has been textbook and the only criticism I can give this price action all year is that it failed just short of testing the 1.618 Fib at Wave 3 before pulling back, otherwise flawless
$HYPE has pulled back with $BTC and $ETH and the crypto sector but remember, this is in Wave 4 and not Wave 2 unlike the two leaders.
We are watching for a test of the 0.38 Fib next at $68 and this will complete wave c of Wave 4 for me
A hold above $68 and I am expecting Wave 5 next to the 2.618 Fib with a PT of $162 for a standard completion of an impulse count.
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