#HOOK/USDT looks heavy in 4-Hour TF!#HOOK/USDT looks heavy in 4-Hour TF!
NASDAQ:HOOK breaks the Diagonal Trendline. Wait for a successful retest in LTF to shorten it. The local support level is PWH $0.86.
HOOKUSDT trade ideas
#HOOK/USDT is heading towards a retest of PWL $0.85 support leve#HOOK/USDT is heading towards a retest of PWL $0.85 support level in 4-Hour TF!
Keep an eye on it. I'm expecting a pump from this support. Breaking down this level is a bearish sign for $HOOK.
HOOKUSDT 1DBuy #HOOK here and at its support zone. It may retest the trend line and then go up. Targets are:
$1.0867
$1.2066
$1.3265
Mid-term targets:
$1.4972
$1.7147
Support zone: $0.8482 ~ $0.9384
HOOK TokenThe HOOK token price trades below the key moving averages and is below its demand zone of $1 guiding bearishness on the charts
#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 PROTOCOL - NEW ALL TIME LOW
Call me crazy but BINANCE:HOOKUSDT will not be joining the bull run instead it will be busy on it road to creating a new ALL TIME LOW at $0.3500
PREVIOUS ANALYSIS
OTHER ANALYSIS
HOOK UPDATE - SHORT SETUP
In case you're interested in the previous analysis on BINANCE:HOOKUSDT and you are interested in taking that short here is a 5RR setup.
Although I am having a feeling price might not reach the entry precisely by tick.
OTHER ANALYSIS
HOOK/USDT - let me hook yaExpanding diag followed by a possible flat. If that plays out, I'd at least want to see the 1.13$ low revisited, preferably deeper though towards 1.05$ or even into the lower 0.90s.
Zoomed out:
Hook is preparing.Nice breakout, retest completed.
Now Hook is preparing in this consolidation zone.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
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
HOOK/USDT Eyeing for Next Bullish Rally? 👀🚀HOOK Analysis💎Paradisers, turn your attention to #HOOKUSDT, where current signals indicate a promising chance for a bullish turnaround from an essential support zone.
💎Upon analyzing #HookedFinance's latest market activity, we've recognized a 35% dip from its peak. However, the steadfastness at the $1.12 support level suggests a potential rise.
💎While facing challenges in achieving new peaks or surpassing previous milestones, which has led to a brief bearish sentiment, the $1.12 level remains crucial for #HOOK. It stands ready to ignite a substantial bullish wave with another look.
💎In our arsenal of strategies, there's always a Plan B. If #HOOK falters at this support and dip further, our sights are set on a bullish rebound from a secondary support at $0.81. It's crucial to note, though, that breaking below this point could herald a longer-term bearish trend.
💎Maintain flexibility in your trading approaches and stay sharp to market movements, Paradisers. Your ParadiseTeam is on constant watch, geared to guide you through these fluctuating market conditions.
Hook/Usdt Idea The Hook/USDT pair has confirmed a breakout on the 8-hour time-frame and is exhibiting strong bullish signals on the weekly time-frame. My analysis suggests a potential 30-80% bullish move in the short-term, with the possibility of a significant bullish rally in the mid-term.
Please note that the information provided is not financial advice. It is recommended that you conduct your research (DYOR) before making any investment decisions.
HOOKUSDT.PHello Trader BINANCE:HOOKUSDT.P
1 daily chart bullish and valid patttern rounding bottom chart, but a little noise, and so the most ideal entry point area 1.4028 - 1.4635
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
Hooked Protocol to 8$Green Line best buy Area
TP1=4$
TP2=8$
Hooked Protocol is the pioneering immersive edutainment network to onramp the next billions of people into Web3. Hooked’s mission is to drive Web3 massive adoption by providing immersive, gamified, and social learning experiences.
HOOK/USDT it is required break the resistance for continue UP!💎 HOOK has recently exhibited significant market dynamics, particularly as it encounters resistance in its current trading range.
💎 HOOK needs to break and reclaim the price above this resistance level to signal a bullish reversal and probability continue its upward movement toward our target area.
💎 However, if HOOK fails to overcome this resistance and experiences rejection, there is a possibility that the price will retreat and test support levels. The demand area around $1.16 to $1.023 is crucial in this scenario, as it has historically provided significant support.
💎 If HOOK reaches the demand area, it must bounce from this level to maintain its bullish momentum. Failure to do so could lead to a bearish continuation, with the price potentially experiencing further downward movement.
HOOK in Coming Days!!!Hi.
BINANCE:HOOKUSDT
✅Today, I want to analyze HOOK for you in a 3D time frame so that we can have a MID-term view of HOOK regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
HOOK has formed an inverse head and shoulders pattern. If price followed this pattern and will soon reach to $2.7 . The expected movement is measured as the price movement (AB=CD).
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
🟢 Head & Shoulder
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
HOOK/USDTThis coin interests me because it has great potential in 2024. Decentralized exchanges will become popular as they provide security for investors. We are in a three-wave structure, and if the growth continues, I believe we will transition into an impulsive five-wave structure
HOOK/USDT bullish reversal from key support? 🚀HOOK Analysis💎 Paradisers, focus on #HOOKUSDT! It's hinting at a bullish reversal from a key support level at $1.1186. Holding momentum here could signal an upcoming interesting move. Notably, it's also adhering to an ascending trendline, suggesting if the upward trajectory continues, it'll aim for the first resistance at $1.3914.
💎 Beyond breaking the $1.3914 resistance, the gates are set to swing open for an assault on even stronger resistance levels. Should #HOOK fall below the critical support at $1.1186, no need to worry—we're covered with a plan B at $0.9677. Think of this as a trampoline, ready to bounce the price back into bullish territory.
💎 A word of caution: if we breach this fallback support, it may indicate a deeper bearish trend as sell-offs increase. Staying vigilant and adaptable is essential as we tread through the #HOOK market developments.
HOOKUSDT.1DWe have a 1-day chart for Hooked Protocol (HOOK) paired with Tether (USDT) here, with Ichimoku Cloud analysis included.
Ichimoku Cloud: The price is currently above the Ichimoku Cloud, which typically suggests a bullish trend. The cloud serves as a support area, and the price staying above the cloud could indicate sustained bullish momentum.
Resistance Levels (R1, R2, R3): Resistance levels are identified at 1.6005 USDT (R1), 2.1217 USDT (R2), and 2.3313 USDT (R3). If the price were to rise, these levels might act as points where sell-offs could occur.
Support: The Ichimoku Cloud below the price forms the immediate support zone. If the price falls back into the cloud, it may indicate a loss of bullish momentum.
MACD (Moving Average Convergence Divergence): The MACD line is above the signal line but converging towards it, suggesting that the bullish momentum may be slowing down. The MACD histogram also reflects this, as the bars are shrinking, indicating lessening bullish momentum.
RSI (Relative Strength Index): The RSI is slightly above the midpoint at around 57, indicating that the asset is neither overbought nor oversold. There is room for price movement in either direction.
Conclusion:
Given that the price is above the Ichimoku Cloud and the MACD remains in a bullish configuration, it would seem the overall trend might continue upwards. However, the converging MACD indicates that I should watch for potential signs of a reversal or consolidation. I would keep an eye on the cloud for support and be ready to reassess my position if the price moves back into the cloud. If there's an upward move, I would consider the resistance levels as potential targets for taking profits. As always, it's crucial to keep updated with market news and sentiment, which can heavily impact price action, particularly for cryptocurrencies like HOOK.
