Same view present on renko for $HYPE.
Good run here, value will be sub $50 and the bottom of the wave if we want to keep things really simple. https://t.co/QfSV1Fpf5i
HYPEActivation price $59.23Direction ShortType DirectionalTimeframe Mid
Max Favorable +3.3%Max Adverse −29.9%Opportunity 0.43Time 0.00Magnitude 0.43Score 0.17
Sub $50 on $HYPE would be great for value but I think you can make a very good case that there's another upside shot from this view.
Managed to clear over a month of lows and produced a very strong bounce through here. https://t.co/tNXbQ6G8aj
HYPEActivation price $59.23Direction LongType DirectionalTimeframe Short
Max Favorable +29.9%Max Adverse −3.3%Opportunity 0.88Time 0.93Magnitude 0.88Score 0.93
Hot knife through butter on $SOL. https://t.co/KR4a0gLxYP
SOLActivation price $66.08Direction ShortType ConditionalTimeframe Mid
Max Favorable +9.0%Max Adverse −15.1%Opportunity 0.97Time 0.19Magnitude 0.97Score 0.50
Lowest Daily close in 4 months on $SOL and back into 2023 price levels.
Very important zone down here for reaction.
If this is simply downtrend -> consolidation -> breakdown then we're just beginning another leg.
The hope is that we're going to fakeout and recover quickly. https://t.co/Jo8G6TRuvv
SOLActivation price $74.92Direction ShortType DirectionalTimeframe Mid
Max Favorable +19.7%Max Adverse −10.5%Opportunity 0.99Time 0.87Magnitude 0.99Score 0.81
The very important line in the sand for $SOL approaches.
It's a lot of thin air below here.
Important distinction coming of if we're truly range bound (probably better accumulation argument) or simply consolidating before another leg lower. https://t.co/YnlQHmDfXW
SOLActivation price $74.23Direction ShortType ConditionalTrigger Hold Below 77.5Timeframe Mid
Max Favorable +19.0%Max Adverse −2.5%Opportunity 0.99Time 0.93Magnitude 0.99Score 0.89