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HOOK / TetherUS

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HOOKUSDT trade ideas

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
Short
by behdark
1
Hooked Protocol (HOOK)On the above daily chart price action has corrected 80%. A few reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action trend reversal. Higher highs replace lower highs. 3) Support and resistance. Look left. Price action prints support on past resistance. 4) The bull flag flagpole forecasts a move to 2.50 Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% Timeframe for long: Yesterday Return: Did you read the idea?
Long
by without_worries
1
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🌴
by MyCryptoParadise
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.
Long
by MyCryptoParadise_Simon
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.
by MyCryptoParadise_Nathan
2
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!!
Long
by CobraVanguard