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Hookusdtlong

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. 📊
Long
by Crypto-By-Ghazi
HOOK/USDT Breakout the descending channel. Ready for back to UP?💎HOOK has recently demonstrated notable market dynamics. It has successfully broken out of a descending channel pattern, signaling a potential upward movement. However, it is currently in a retesting phase at the trendline. 💎 The next target for upward movement is the resistance area around 1.05. If HOOK manages to break above this resistance, we could witness significant upward momentum, probability leading to our target Bearish Order Block (OB) area. 💎 However, if HOOK fails to break out above the resistance and faces rejection, the price may retreat downward, possibly returning to the demand area or the supporting trendline to establish new momentum. 💎 As long as HOOK remains above the demand area, there is still a chance for a bounce and subsequent upward movement. However, a breakdown below the demand area could signify a bearish momentum, leading the price further downward towards the strong support area.
by MyCryptoParadise_Nathan
HOOK/USDT It required bounce and to continue upward!!💎 HOOK has been capturing considerable attention in the market, currently consolidating in a zone that previously acted as resistance. Adding to this dynamic is HOOK's movement within a Bullish pennant formation in the Lower Time Frame (LTF), indicating a potential breakout. If HOOK manages to successfully break out of this pattern, the probability it could lead to a smoother trajectory toward our targeted strong resistance area. 💎 However, should HOOK fail to maintain its position above the support area or if it breaks below this level, it would be a concerning development. Such a scenario would signify a failure of the Bullish pennant formation, potentially setting the stage for HOOK to revert to a downward trend towards the strong support area.
by MyCryptoParadise
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 Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF