HOOKUSDT
TradeCityPro | HOOKUSDT Potential Start of a Sharp Move👋 Welcome to the TradeCityPro channel!
Let’s analyze the market on this quiet Saturday with low volume. We'll focus on identifying and aligning our triggers for HOOK.
🌍 Market Overview
Before starting, as always, we take a quick look at Bitcoin. Today, it hasn’t made any significant moves and is mostly range-bound. However, volume seems to be entering, suggesting that we might see another upward movement either tomorrow or in the coming week.
During such upward movements, Bitcoin dominance may decline, providing an opportunity for altcoins to shine. This is when altcoins can generate substantial profits, so make sure to stay close to the charts during these times.
🕒 Weekly Time Frame
In the weekly timeframe, HOOK has rebounded from its last support and seems to have begun its first upward movements.
The 0.3747 support was faked out, followed by a solid green candle with good volume that engulfed the previous candles , After activating the 0.5058 trigger, it is now heading toward 0.75.
For new entries, after breaking 0.7504, a buy opportunity can be considered. However, note that the stop-loss will need to be set quite wide at 0.3747. If the price consolidates or retraces, it could provide a better stop-loss level.
📊 Daily Time Frame
In the daily timeframe, after breaking 0.5103, the price moved upward but has recently shown signs of weakness , RSI is in the overbought zone.
The green candles are getting smaller, indicating a loss of momentum.
Despite this, with a valid trigger, a position can still be taken.
The 0.7562 level remains a trigger for buying , Alternatively, after a correction, a breakout above the current high (using Dow Theory) could justify entry with a better stop-loss level.
For those who bought at the 0.5103 trigger, holding the position is recommended as the price hasn’t moved significantly relative to the broader market.
🕒 4-Hour Time Frame
In the 4-hour timeframe, following the daily move, HOOK is consolidating in the range between 0.6588 and 0.6980. This consolidation might be preparing for the next move.
📈 Long Position Trigger
Breaking 0.6980 is a valid trigger for a long entry , It is advisable to keep a wide stop-loss to avoid being stopped out during minor corrections and to stay positioned for potential gains after the breakout.
📉 Short Position Trigger
No short positions are advised at the moment. Like recent market analyses, the focus remains on long opportunities, especially as Bitcoin holds strong above $80.
This concludes the technical analysis for HOOK. Stay patient and disciplined with your entries and stop-losses for this setup.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
#Hook (SPOT) IN ( 0.3350- 0.4160) T. (1.5060) SL(0.3200)BINANCE:HOOKUSDT
entry range ( 0.3350- 0.4160)
Target1 (0.6680) - Target2 (0.8960)- Target3 (1.2403)- Target4 (1.5060)
SL .1D close below (0.3200)
______________________________________________________________
Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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Is HOOKUSDT Preparing for a Big Move? Don't Miss This Key MomentYello Paradisers! Have you noticed HOOKUSDT broken out of the resistance trendline recently? This could be the setup we've been waiting for 👀
💎HOOKUSDT has broken out of its resistance trendline, and after a consolidation, it's showing signs of a Cup & Handle pattern, with bullish divergence strengthening the case for a potential upward move.
💎If HOOKUSDT breaks out and closes a candle above the resistance zone, this will validate the pattern, significantly increasing the probability of a bullish reversal from here.
💎However, in case of a retracement, a bounce from the support zone is likely, but to increase our probability, we’d want to see a bullish I-CHoCH (Internal Change of Character).
💎If the price breaks down and closes candle below the support zone, it will invalidate our bullish setup. In that scenario, it’s better to wait for clearer, stronger price action before making any moves.
🎖Patience is key here. Whether we see a breakout or breakdown, it’s important to follow the strategy and wait for high-probability setups. Consistency, not impulse, is how you succeed in this game.
MyCryptoParadise
iFeel the success🌴
HOOK/USDT Breakout WatchHOOK/USDT Breakout Watch 🚀
HOOK/USDT is nearing a critical point where a breakout could be on the horizon 📈. If the price manages to break above the key resistance and successfully retests it as new support, we could see a strong bullish move follow 💥.
🔍 Key factors to monitor:
1. Breakout confirmation: A clear close above the resistance level.
2. Retest: A solid hold at the breakout level, turning it into support.
3. Volume surge: Watch for a significant increase in volume to confirm momentum.
⚠️ Stay vigilant with this pair, but remember this is not financial advice. Always DYOR (Do Your Own Research) before making any moves. 📊
HOOKUSDT: Bullish SignalHOOKUSDT technical analysis update
HOOKUSDT has formed a triangle pattern on the daily chart, and the price is now moving towards a breakout. It has also crossed above the 100 EMA on the daily chart. A bullish move can be expected once the triangle breakout is confirmed.
Buy level: $0.50
Stop Loss: $0.44
Regards
Hexa
#HOOK (SPOT) entry range (0.3400- 0.4000) T.(1.5060) SL(0.3138)BINANCE:HOOKUSDT
entry range (0.3400- 0.4000)
Target1 (0.6680)- Target2 (0.8960)- Target3 (1.2403)- Target4 (1.5060)
SL .1D close below (0.3138)
*** Collect slowly in the entry range ****
*** wait the price to come to entry range***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK ****
#HOOK (SPOT) entry range (0.4350- 0.4850) T.(1.5060) SL(0.4223)BINANCE:HOOKUSDT
entry range (0.4350- 0.4850)
Target1 (0.6680) - Target2 (0.8960)- Target3 (1.2403)- Target4 (1.5060)
SL .4H close below (0.4223)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF ENJ #ZIL #APT #MAV #ZRX ****
HOOKUSDTHOOK ~ 3D ✅
#HOOK it is only a matter of time that this descending pattern is successfully broken. minimum target of 20%++ for the short term.
HOOKUSDTHOOK ~ 2D ✅
#HOOK Moving in a descending pattern for now. The best way to buy after this descending pattern is successfully broken is with a target of 10-20%+
#HOOK/USDT#HOOK
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.5250
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.4265
First target 0.5900
Second target 0.7240
Third target 0.8600
Is #HOOK on the Edge of a Major Breakout or a Breakdown?Yello, Paradisers! Are you ready to capitalize on the next big move with #HOOK? We’ve got our eyes on a potential game-changer!
💎#HookedProtocol ( NASDAQ:HOOK ) is currently navigating a descending channel, but things are heating up as it approaches a crucial demand zone at $0.405. This level could be the catalyst for a significant bullish breakout.
💎If the price finds support here and gathers momentum, we could see #HOOKUSDT soaring towards the key supply area at $0.73. Now, this is the critical part: a successful breakout above the descending resistance could pave the way for a strong bullish run, with the next target being the major resistance zone.
💎But let’s not get ahead of ourselves—if momentum falters and #HOOK gets rejected at the supply area, we might witness a pullback. Watch closely for a potential bullish rebound from the strong support between $0.31-$0.34.
💎However, caution is key. If #HOOK slips below this support level, it could spell trouble, trapping the price within the descending channel and possibly signaling a prolonged bearish trend.
Stay Focused, Patient, and disciplined Paradisers!
MyCryptoParadise
iFeel the success🌴
HOOKUSDT Long and Short analysis / be ready for 15% price move!BINANCE:HOOKUSDT
CRYPTO:HOOKUSD
Hello Traders, At first, I was bearish on HOOK. but when the price spikes above my indicated area, I am looking for a bearish entry setup. 🎯
💥📉HOOKUDST is near important are,
as long as the price is above 0.432 area, the Bullish scenario is active. If the price stabilizes below the 0.42 level, the bearish scenario will be activated.📈💥
HOOK/USDT CAN ENTER A VOLUME BREAK ZONEDepending on the last study HOOK shows an interesting volume start which can be confirmed in the coming time frames,
We will follow this coin for the next time frames.
The last time that this coin built a trend was in FEB 2024, and it looks like Hook can show new volume.
This coin has a good chance to become a building coin.
Is a Bullish Breakout Imminent for HOOK? Here's What You NeedYello,Paradisers! Have you been tracking #HOOKUSDT? If not, now's the time! This cryptocurrency is showing promising signs of a bullish continuation from its current demand zone, and you won't want to miss it.
💎#HOOKUSDT recently broke above a critical resistance level at $0.5252, signaling a strong upward movement. This breakout is a crucial moment for potential gains. The current demand zone around $0.5528 is now our focal point.
💎If #HOOK maintains this momentum, we could see a surge toward the internal resistance at $0.7116. This level will be pivotal in determining the next phase of the market action.
💎Market sentiment also appears to be shifting, with diminishing intensity of rejections at the demand zone, suggesting a possible ease in selling pressure. If this support level holds, a bullish rebound could be imminent.
💎However, it is crucial to be cautious a breach below the strong support at $0.5037 could lead to a significant decline. This support level is critical, as it holds substantial liquidity, making it a potential point for a bullish recovery or a deeper correction.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
#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
HOOK Technical Analysis: Potential for 200% gain.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
HOOK was under a downtrend but respected the lower support trendline and showed a decent rebound of up to 45%.
Currently, HOOK needs to break above the primary resistance, ranging between $0.6437 and $0.7172, to rally higher to the $1.16 resistance trendline.
The RSI shows a rebound from the oversold range, indicating a shift in momentum from bearish to bullish.
- Support/Entry: $0.394 to $0.483.
- Primary Resistance: $0.6437 to $0.7172.
- Higher Resistance: $1.16.
DYOR, NFA.
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#PEACE
HOOK is bearishFrom where we entered "start" on the chart, the HOOK symbol has entered a large correction, which seems to be a diametric pattern.
Wave B has just ended and price has entered wave C. Wave C is expected to continue up to the green range.
Note that you need a trading setup to enter the position.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#HOOK/USDT#HOOK
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. The price has rebounded from the green zone and is expected to retest it at 0.8400.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 0.8400
The first goal is 1.00
The second goal is 1.15
Third goal 1.31
HOOK/USDT shows bouncing from support and back to upward!💎 Paradisers, the recent market dynamics surrounding #HOOK have indeed been noteworthy. Currently, HOOK is bouncing from the support trendline, which aligns with historical patterns where the price has consistently bounced from this level.
💎 If this bounce proves to be valid, there's potential for the price to resume its upward trajectory, especially if it successfully breaks out above the resistance area at $1.22. The next target movement could be towards our strong resistance area.
💎 However, if HOOK fails to break out above the $1.22 resistance level and faces rejection there, it could signal a potential downward movement back towards the support trendline to establish a new momentum.
💎 A concerning scenario would be if HOOK breaks down below the support trendline, leading it to test the support area in the range of $0.7 to $0.64.
💎 In such a case, the price must bounce from this support level and reclaim the area above the support trendline. If HOOK fails to do so and also breaks below the support, it could indicate a bearish momentum, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
HOOK looks bullishHOOK seems to be inside the D wave and this D wave seems to be diametric.
If there is a pullback on the green range, you can look for buy/long positions.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Hook bullish structureHook has formed bullish structure. Im using OB+FVG+SSL trading strategy for this trade. And its perfectly lined up
