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HOOKBUSD

#HOOK/USDT#HOOK The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 0.4000 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 0.4800 The first target is 0.6700 The second target is 0.7800 The third goal is 0.9240
Long
by CryptoAnalystSignal
HOOK can be the next coin in your Profits Book!BINANCE:HOOKUSDT Why i am buying HOOK? HOOK has been making a long accumulation and then in it's continuation it has made a nice triangle which can give 30-50% upside move from here Personally i am in HOOK from 3.3$ with invalidation of 2.75$ I have found something interesting in HOOK is that: First: those white arrows are the daily lows which were shaken out and then price stayed above it..price never came back Second: those purple arrows are the dumps which took out those daily lows and it just happened again in today's candle. what does it means? it means high chances that price will not go lower than those daily lows which were taken..just like it happened 3 times before. Third: Next!..on 4hr time frame it is making a clean triangle which is going to breakout anytime soon Also this whole structure of price in HOOK is similar to MAGIC coin and magic coin gave a nice rally after the breakout check the last picture..its the chart of MAGIC coin which made same structure and gave breakout of minimum 30% and maximum 48% till now. MAGIC and HOOK CHART: To all of this..its just one thing which is making worried is BTC looks choppy and bearish. But we have so many reasons to buy HOOK..which i already mentioned..dont you think HOOK deserves a bet? lets see how our HOOK trade goes✌️
Long
by Traders_skooll
2