HOOKUSDThook lost all the important supports at once and there is no other support at least on the Binance chart that we can rely on. But for now, it was able to find support on the 0.786 Fibonacci line, and there is an expectation of a price return and a retest of the previous support.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Hookedprotocol
HOOKUSDT Idea As you can see, the first 5-wave Elliott Wave is forming in an ascending mini-channel.
To use this setup, I suggest that you enter into a buy trade ( long trade ) after the price hits the bottom of the upward channel and when the fifth Elliott wave forms.
Place the targets on the upper line of the channel or the end of the fifth wave
BINANCE:HOOKUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
HOOK/USDTSPOT PLAY :
HOOK/USDT is showing a symmetrical triangle ( bullish if breaks to the upside and retested) in 4(Hourly) timeframe.(its recommended to BUILD position according to given buying zones).
STOP LOSS = mentioned in the chart itself
Take profits are mentioned in the chart itself. DYOR.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
If you like the idea and benefited from it please like , share & comment to keep us motivated.
Hooked Protocol (HOOK) formed a bullish BAT for upto 37.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Hooked Protocol (HOOK) with US Dollar pair.
Recently we caught more than 200% pump of HOOK as below:
Now on a 4-hr time frame, HOOK has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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✌️
Hooked Protocol (HOOK) formed a Gartley for upto 27.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Hooked Protocol (HOOK) with US Dollar pair.
Now on a 4-hr time frame, HOOK has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade