HOOKUSDT trade ideas
Keep an eye on #HOOK/USDT in 4-Hour TF!Keep an eye on #HOOK/USDT in 4-Hour TF!
NASDAQ:HOOK breaks the Diagonal Trendline and testing the PDL $0.842. Wait for PDL breakdown to open, a Short position.
HOOK possible Long Opportunity IF Hook will break up simetrical triangle I will try to enter Long after retest.
HOOK - AND SO IT BEGINS
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We just took 2nd profit on RNDR now It has begun for HOOK take profit and stop loss clearly on the chart ENJOY!
HOOK - DECISION TIME 🚀
Continuing the uptrend from previous analysis (see previous analysis for context) now it is time for the final leg up before we end this short-term move. Invalidation level for this scenario is clearly on the chart. If you would like to see another scenario (bearish) comment below. 👇
#HOOK/USDT breaks and retested the Diagonal Trendline in 4-Hour #HOOK/USDT breaks and retested the Diagonal Trendline in 4-Hour TF!
NASDAQ:HOOK needs to clear PDH to turn bullish. Keep an eye on $0.8902. If it breaks, we can long it.
WHAT NEXT FOR HOOKAfter invalidating the level stated on the previous analysis now this is the new norms for HOOK. we will see some choppy higher high in couple of days.
🔥 HOOK Masssive Falling Wedge Break Out!HOOK has been trading inside a falling wedge for over 8 months now. In my view, a bullish break out of this pattern could lead to a new bull-trend for this token.
Naturally, a bullish BTC will help. Also, this trade could play out over the long-term, so no quick money here. Still, a risk-reward of 20 is very respectable.
I'm waiting for a daily candle to close above the top resistance to confirm the break out.
I'm aware that the bottom support of the wedge doesn't line up perfectly, shouldn't be much of a problem.
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$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.
$HOOK above teh 200 ema on H4
invalidation below blue line
targeting blue line
possible yellow IF we flip blue
Hook 1d is bullish if... Hook is bullish if it maintains the current level and continue its accumulation since it is outside the falling wedges.
According to different indicators, we may see a breakout soon after to ends the current accumulation, so be patient please and stick to the SL 1d
All the best insha Allah!
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 15M ScalpSomething like this adding more to the short position from $0.924. The risk-reward is 4.6 which is nice
$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.
Hook 1 Day Timeframe - Last Bearish MoveThis is the first scenario where i believe we are about to experience the last leg down to complete the Elliotte wave 5 wave diagonal. Minimum price target for this scenario is $0.62
30min long elliot wave setupAfter a nice 5 wave rally, it seems like price has completed or almost completed a nice corrective bottoming structure. Price ideally needs one more low on the lower time frame count to complete the structure even though it has fulfilled the minimum requirements for this correction. Price soon has good chances to rally from this black fibonacci area to at least 0.88 level in a larger third wave given the complete corrective bottoming structure after five wave rally.
HOOKusdtHOOK short setup.
Disclaimer: The trading signals provided are for informational purposes only and should not be considered as financial advice. Trading in financial markets involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. The sender of these signals is not responsible for any losses incurred due to trading decisions based on the provided signals. Traders are advised to conduct their own research and seek advice from qualified financial professionals before making any trading decisions.
HOOKUSDT 2D$1.02 ~ $1.10 is heavy resistance zone. If #HOOK break that zone + falling wedge pattern, it can go to the moon.
HOOKUSDTHOOKUSDT Is in bearish Trend.
No sign of divergence here.
Potentially printing LH and LL.
If it breaks the last LL then it will continue the trend.
Keep an eye on the #HOOK/USDT range in 4-Hour TF!Keep an eye on the #HOOK/USDT range in 4-Hour TF!
NASDAQ:HOOK can break this range soon. We can long it on the breakout.
HOOKUSDTHOOKUSDT has formed multiple bullish pattern. Initially it has formed inverted head and shoulder and also has given the breakout of neckline.
and now it is trading in bullish rectangle and seems like it is on the verge of breakout.
if the breakout holds , it will be nice setup to go long.
