HOOK Breakout HOOK breakout from the 4hrs falling wedge and currently looking bullish to pump more to the upside movement…. Wait for retest of the falling wedge and take a long from there…
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J-hook
🔥 HOOK Masssive Falling Wedge Break Out!HOOK has been trading inside a falling wedge for over 8 months now. In my view, a bullish break out of this pattern could lead to a new bull-trend for this token.
Naturally, a bullish BTC will help. Also, this trade could play out over the long-term, so no quick money here. Still, a risk-reward of 20 is very respectable.
I'm waiting for a daily candle to close above the top resistance to confirm the break out.
I'm aware that the bottom support of the wedge doesn't line up perfectly, shouldn't be much of a problem.
$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 $2.7 with a 24 hour trading volume of 11 million dollar. HOOK price is up 17% in the last 24 hours as well
Hooked Protocol is building the on ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. Its first pilot product, Wild Cash, with Quiz-to-Earn experience and other gamified learning features, achieved an impressive growth of over 2 million monthly active users. Hooked Protocol adopts an innovative single token (HOOK) oriented structure, supplemented with in-ecosystem only utility token HGT (Hooked Gold Token). HOOK is the governance token of the ecosystem
they just announced that, the transfer of the team’s allocation of HOOK token (100 million HOOK tokens) to Binance Custody. This is very rare, which means Binance Custody as a new business that will compete with Coinbase Custody too.
after a pullback from 2.9 and little correction, the next targets are 3.3, 3.5 and 3.9$
$HOOK Retesting Falling Wedge also Try to Break RangeNASDAQ:HOOK Retesting Falling Wedge also Try to Break Range
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) 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.
🔥 HOOK Crazy Break Out PotentialHOOK has been trading inside a falling wedge for 7 months now. In my view, a bullish break out of this pattern could lead to a new bull-trend for this token.
Naturally, a bullish BTC will help. Also, this trade could play out over the long-term, so no quick money here. Still, a risk-reward of 36 is very respectable.
I'm waiting for a daily candle to close above 1.08 to make an entry, stop just below 1.00, target at 4.00.
Hook Looks Ready For Massive Bullish Impulse Seems Like Hook Getting For Massive Bullish Impulse Formed Breaking Falling Wedge In Daily Timeframe Incase Of breakout Expecting Massive Bullish Rally incase of Successful Breakout Expecting 120 to 120% bullish Rally
Hooked Protocol (HOOK)Hooked Protocol is a new Web 3.0 crypto project. As is it can be seen from the chart, HOOK been in a downtrend and recently price shown sign of reversal. Clearly, there is a downtrend line, and we have to wait and see if HOOK can break it or not. Let's see what happens.
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
🔥 HOOK Falling Wedge Break OutHOOK has been trading bearish since the February top earlier this year. Nevertheless, I think that this token has more potential upside from this level. Wait for the daily candle to close above the top resistance to confirm the break out.
Target at the 2023 highs, stop just below 1.30, will come back to this trade if the break out happens later than expected.
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."
HOOK/BTC - Hooked Protocol: Super_Trend◳◱ We've detected a Super Trend pattern on the NASDAQ:HOOK / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.00003967 | 0.00004196 | 0.00004694 and the major support zones are respectively at 0.00003469 | 0.000032 | 0.00002702. We may consider opening a trade position at the current price zone at 0.00003835 and benefit from the trend continuation.
◰◲ General info :
▣ Name: Hooked Protocol
▣ Rank: 331
▣ Exchanges: Binance
▣ 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: 0.00003835 ₿
▣ 24HVol: 14.204 ₿
▣ 24H Chng: 2.595%
▣ 7-Days Chng: 22.30%
▣ 1-Month Chng: -20.51%
▣ 3-Months Chng: -38.10%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00003967 | 0.00004196 | 0.00004694
◢ Support: 0.00003469 | 0.000032 | 0.00002702
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -3.02
▣ Last 90D: -1.93
▣ Last 1-Y: -1.71
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: 1.09
▣ Last 90D: 1.05
▣ Last 1-Y: 1.22
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth HOOKBTC 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.
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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
Hook Building Up For Breakout Seems Like building up for Massive breakout forming Descending Channel incase Of Breakout Expecting 35 to 40% bullish Move
Keep an eye on $HOOK/USDTAccumulate it ranges 🤝 binance
Target mentioned
Noted: Not a financial advisor.
It's always recommended to carefully consider all the factors and conduct thorough research before making any investment decisions. I suggest seeking advice from a licensed financial advisor.
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
META BULLISH SCENARIO CONTINUATION META has a lot to recover to previous heights and has been doing well since November of 2022. The 380-level target is still far away, but the growth recovery rate is impressive for the past 6 months. Those typical for the stock earnings gaps might deliver father, due to the monetization model of all the platforms developed by the technological giant. Research shows from the 21 minutes average spent by the user in 2018 this number has nearly doubled to 39, which means boosting the monetization model, advertisement, engagements, etc.
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hookFriends, this currency seems to be supported and can have a good rise.
I specified the targets based on the harmonic pattern.
Good luck
Karim Heydari
Financial market expert and analyst and member of the faculty of computer engineering department
