HOOKUSDT
HOOK/USDT - Hooked Protocol: Double_Bottom◳◱ We've a Double Bottom pattern on the NASDAQ:HOOK / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 0.821 | 0.8648 | 0.9671 and the major support zones are respectively at 0.7187 | 0.6602 | 0.5579.
◰◲ General info :
▣ Name: Hooked Protocol
▣ Rank: 312
▣ Exchanges: Binance, Bybit, Gateio, Mexc, Hitbtc
▣ Category/Sector: N/A
▣ Overview: Hooked Protocol project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.7866 ₮
▣ 24HVol: 2,109,313.092 ₮
▣ 24H Chng: 4.754%
▣ 7-Days Chng: 0.80%
▣ 1-Month Chng: -10.92%
▣ 3-Months Chng: -17.19%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.821 | 0.8648 | 0.9671
◢ Support: 0.7187 | 0.6602 | 0.5579
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.67
▣ Last 90D: -1.24
▣ Last 1-Y: -1.35
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: 0.58
▣ Last 90D: 0.79
▣ Last 1-Y: 1.05
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.61 - Bullish
▣ In-depth HOOKUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
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$HOOK Performing Falling wedge in 1W Keep eye on Breakout NASDAQ:HOOK Performing Falling wedge in 1W Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
Hooked Protocol (HOOK) Learn & Earn Hook price today is $2.7 with a 24 hour trading volume of 11 million dollar. HOOK price is up 17% in the last 24 hours as well
Hooked Protocol is building the on ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. Its first pilot product, Wild Cash, with Quiz-to-Earn experience and other gamified learning features, achieved an impressive growth of over 2 million monthly active users. Hooked Protocol adopts an innovative single token (HOOK) oriented structure, supplemented with in-ecosystem only utility token HGT (Hooked Gold Token). HOOK is the governance token of the ecosystem
they just announced that, the transfer of the team’s allocation of HOOK token (100 million HOOK tokens) to Binance Custody. This is very rare, which means Binance Custody as a new business that will compete with Coinbase Custody too.
after a pullback from 2.9 and little correction, the next targets are 3.3, 3.5 and 3.9$
Hooked Protocol (HOOK) forming a bullish BAT for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of Hooked Protocol (HOOK) with US Dollar pair.
Recently we caught almost 11% pump of HOOK as below:
Now on a 4-hr time frame, HOOK is about to complete a bullish BAT move for the next 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.
Hooked Protocol (HOOK) formed a Gartley for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of Hooked Protocol (HOOK) with Bitcoin pair.
Previously we caught more than 200% pump of HOOK as below:
Now on a 4-hour time frame, HOOK has formed a bullish Gartley move for the next 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.
Hooked Protocol massive bullish move👀 🚀HOOK Today Analysis💎Hooked Protocol is currently exhibiting an intriguing trend as it has successfully broken out from a falling wedge pattern, indicating a potential bullish move on the horizon.
💎 Another key observation is that HOOKUSDT is trading above the EMA 50 and maintaining its position strongly, which could potentially fuel a robust bullish momentum.
💎 The volume is also showing a significant spike, further triggering bullish sentiments. However, if the price re-enters the invalidation zone and breaks down, it could lead to a bearish shift.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
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."
HOOKUSDT → trigger for buy or sellHOOKUSDT currency has the potential to buy or sell and enter this currency due to approaching the proof range (green range) which is its strong support range.
- The middle of the downward channel shown in the 15-minute time frame is important for us because the history of the chart of this currency clarifies this issue for us. From this, we can conclude that the middle channel is a dynamic line for us, and we can open a buy or sell deal on this currency in case of failure.
- The strategy that gives us a trigger in addition to the middle channel is the RSI, where we see a divergence in the current price and, in a way, an entry trigger.
- The targets of this currency are shown with a flag symbol, and the stop loss is also in the green range
Regards SadyCrypt!
HOOK ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the ICP symbol.
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
HOOKUSDT Swing Long SetupYou have notice that I took a long position earlier on Hook.
Hook was basically retested very strong support level on its BTC pair, which made me supper bullish after confirmation of break out on triangle.
So basically, I will leave 25% for my final target which is a measure move from current trading rang. Similar to what happened with ID recently.
Lets See