Hyperliquid: Your Altcoin Choice

9 apr

Low volume lower low and high volume reversal candle.

Here we do not have six months of data but the chart looks pretty clear. It is simple to read.

I can spot two perfect 5-waves pattern, one going down and another one going up.
Going down is the second one, the correction, and the session that hit a new bottom ended up as a higher low based on the close. That is, the low in December 2024 is $10. The low 7-April is $9.3 but the close happened at $11.5. ($11.5 higher than $10 [higher low]).

This can be a bullish signal.

Today's candle trades higher than the 13-March low. A full green candle.
After going down, the market tends to reverse and go up. The action is bullish on the short-term and this is a short-term chart.

Hyperliquid is good as long as it trades above support.
"Support" is clearly depicted orange on the chart.

I used this chart setup to open a short-term based trade.
The main targets are 145% & 270% as shown on the chart.

Thank you for reading and for your continued support.
You are appreciated.

Namaste.

26 apr

Nota

+56% with multiple targets being hit.
HYPEUSDT will continue growing.

21 mag

Trade attivo

+133%. There is room for additional growth.

3 giu

Trade chiuso: obiettivo raggiunto

+223%. Enjoy the profits.


Namaste.