#HOOK/USDT LONG#HOOK
The price is moving in a descending channel on a 4-hour frame
We are now at the lower border of the channel from which the price has rebounded more than once
A bounce to the upper limit of the channel is expected on 3 targets
We also have support from the RSI indicator
Current price 0.8128
First target 0.8364
Second target 0.8600
Third target 0.8900
HOOKUSDT trade ideas
HOOK/USDT 2x Potential HOOK breaks the wedge. Two trades can be entered with a pullback towards the wedge. Additionally, a long trade can be made when the candle close is above 1.05. Horizontal lines are possible TP points.
These are my personal transactions, they do not contain any investment advice.
HOOKUSDT Idea - 1D TF - Falling WedgeI've checked HOOK and I think we will find some good entry point to open long position.
I think HOOKUSDT gave a pattern for us. After some bullis movement, we change the trend to a downtrend (in my opinion it's just a healthy retracement).
If BTC won't spoil the party or any manipulator on the market, we could see a reversal from this falling wedge pattern. Now the price is at support line so some bullis sign would be great.
If breaking out this wedge I will long till that, this coin just on watchlist for me.
HOOK LONG hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Hooked Protocol(HOOK): 200EMA Holding Strong!!200EMA has been tested multiple times and has been holding strong! With the bullish movement it has been having, it shows good strength for potential growth here, for sure, but we need to keep an eye on that EMA!
As long as we are above the 200EMA, we are going to go further to the upper zones! Once the 200EMA is broken and secured by sellers, we can see some major corrections for HOOK to come!
Swallow Team
Hooked Protocol 10$Hooked Protocol ๐๐
Hello everyone! Today, I want to share something exciting in the world of Web3 โ the Hooked Protocol project.
๐ What is Hooked Protocol?
Hooked Protocol is working on creating an ecosystem where everyone can not only learn but also earn, exploring the world of Web3. Their "Learn and Earn" products open new opportunities for users and companies wanting to be part of this new era.
๐น Why is it interesting for investors?
1๏ธโฃ The coin is new to the market, which could open unique opportunities for early investors.
2๏ธโฃ It's trading close to the "bottom," which might be a favorable entry point.
3๏ธโฃ Matches investment strategy: The project has technical factors that meet my investment selection criteria.
4๏ธโฃ The capitalization is relatively small, and it could be easy to increase the price.
๐ฅ I recommend paying attention to Hooked Protocol if you are looking for new opportunities in the world of cryptocurrencies and Web3.
โ
Showed its goals on the chart ๐
HOOK/USDT upward momentum from demand zone?๐HOOK๐ Paradisers, turn your attention to #HOOKUSDT, which is currently poised in a demand zone and showing signs of gearing up for a significant bullish movement.
๐ Right now, NASDAQ:HOOK is tracing an upward path, hinting at a bullish inclination around the demand level of $0.9812. If the price maintains its momentum at this level, we're looking at a potential strong bullish move aiming for the higher supply zone at $2.3876.
๐ On the flip side, should #HOOK encounter hurdles in sustaining its bullish pattern at the $0.9812 demand level, a strategic reassessment might be in order. In that case, our focus could shift to fostering a bullish trend from a slightly lower demand level at $0.8143.
๐ Keeping a watchful eye on these developments is crucial, as a fall below this level could indicate the need for a strategy change, especially if challenges arise in maintaining bullish momentum in the #HOOK market.
Bullish Momentum Alert: Hook Unleashing Potential!Hey Traders! ๐๐
๐ Exciting Times for Hook!
A bullish pattern is in play, and Hook has successfully broken out! ๐
๐ Retest & Surge:
Brace for impact as we enter the retest phase; the path to higher levels awaits.
๐น Upward Trajectory Ahead:
Anticipate Hook to climb even higher after a robust retest.
๐ฐ DCA Power Move:
Consider Dollar-Cost Averaging (DCA) from green levels for strategic entry.
๐ข Patience and strategic accumulation can amplify gains.
๐ Similar to CFX's chart:
This chart looks like CFX's weekly chart.
๐จ Risk Management Advisory:
๐ก๏ธ Diversify and practice due diligence. Don't go all in; play it smart.
It needs time , this is a weekly chart๐
DYOR (Do Your Own Research) for informed decisions.
๐ Wishing You Success!
Good luck on this exciting journey with Hook! ๐๐ช
HOOK/USDT It required bounce and to continue upward!!๐ 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.
๐ 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.
HOOK daily chart with Rounded BottomHOOK daily chart
121.5M Market Cap
aggressive entry at current price
lower entry zone on chart
a safer entry would be break / retest of weekly resistance
( 1.2512 ) ... the website has " Hot " words like " AI " and " Metaverse "
they also have a Staking option ... just to name a few things
HOOK/USDT Break the Descending Channel, Bullish Momentum ??Yello Paradisers, Attention Paradisers!
๐ HOOK has successfully break out of its descending channel, backed by impressive volume, and is currently in a retesting phase, aiming for further upward action.
๐ Prior to this breakout, HOOK made several attempts to breach the supply zone but was consistently rebuffed. However, just yesterday, HOOK shattered both the supply and the descending channel's resistance trendline, marked by a robust green candle. This signals bullish momentum for HOOK.
๐ Be on the lookout: this bullish narrative could be nullified if the price closes below the designated Bullish Invalidation level.
Keep those charts refreshed and stay tuned for more crypto updates! ๐ด