HOOKUSDT trade ideas
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 back to $2.30Hello Cryptosuppliers 🎭
Hook is now for the second time on the support level. It seems it will stay above it.
If so it will bounce back and make a good rally to $2.30.
HOOK 4HThe hook has clear support with incoming limits and markets to hold and pump the price since August 5th. The resistance at 0.98 can break soon, and the price will move only up. Let's see if this happens.
FOR SURE, the hook could certainly accumulate further.
BTC also seems positive on the 4H chart as we can see the support of limits and a current local breakout.
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
HOOKusdtRegarding HOOK, there are two potential pullback options to consider for opening a long position. Once these options are confirmed, they are expected to yield profitable results.
HOOKHello Traders,
As we can see that after a long bearish trend Hook is forming a bullish trend as we can see that it is making double top we can open a long position from here.
HOOKusdtUpdate on HOOK: Still awaiting a significant capitulation or a potential test of the all-time low.
HOOKUSDTHOOKUSDT was trading in bearish trend and now has given the breakout from declining trendline. currently the price is creating support zone around breakout region, 0.9395, will the buyers attach this region and push price even higher?
can we buy #HOOK now?yes i think we can buy some #HOOK now .
2 targets is clear in picture.
the market is beautul and we are working on it.
Maybe HOOKhello guys,
it seems like hook bottom is in
I've mentioned the SL which is extremely tight stop no need for risk in this choppy market.
good luck!
HOOKusdtHOOK is showing potential for a breakout, and it might happen this week. I suggest keeping a close eye on it for any further developments.
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/USDT(Swing long)
Possible continuation of bullish uptrend,
Might look for entering around 1.080-1.048 all the way to 1.750-1.900
HOOK/USDT:- SITTING AT CRUCIAL SUPPORT FOR BAG?BUYING ZONE:-
The price of HOOK/USDT has established a strong buying area between 1.1073 and 1.1384 USDT.
Traders can consider this range as a favorable zone for accumulating positions in HOOK/USDT, anticipating a potential price increase.
Target Area:
Based on our analysis, we have identified an optimistic target area between 1.18000 and 1.9000 USDT. This zone represents potential profit-taking levels, where traders can consider closing their positions or scaling out of their investments.
Stop Loss Recommendation:
To mitigate potential losses, we suggest placing a stop loss at 0.9950 USDT. This level represents a critical threshold where traders can limit their downside risk and protect their capital in case the price of HOOK/USDT moves against their positions.
Stay updated with our Trading View profile for more published ideas and timely updates on HOOK/USDT, ensuring you stay ahead of market trends and make informed trading decisions. Remember to conduct your own research, monitor market conditions, and adjust your strategy as needed. Happy trading!
HOOKUSDT → trigger for buy or sellHOOKUSDT currency has the potential to buy or sell and enter this currency due to approaching the proof range (green range) which is its strong support range.
- The middle of the downward channel shown in the 15-minute time frame is important for us because the history of the chart of this currency clarifies this issue for us. From this, we can conclude that the middle channel is a dynamic line for us, and we can open a buy or sell deal on this currency in case of failure.
- The strategy that gives us a trigger in addition to the middle channel is the RSI, where we see a divergence in the current price and, in a way, an entry trigger.
- The targets of this currency are shown with a flag symbol, and the stop loss is also in the green range
Regards SadyCrypt!
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
