🔥 HOOK Potential Bounce Area Located
Updated
HOOK has been selling off for practically a month at the moment. However, I think we can expect some sort of bounce in the near future.
I copied the top dotted trendline and attached it to the December lows to create a parallel channel.
I'm waiting for HOOK to hit the bottom resistance of the channel before considering an entry. Targets in blue.
Keep in mind that this is a risky trade.
I copied the top dotted trendline and attached it to the December lows to create a parallel channel.
I'm waiting for HOOK to hit the bottom resistance of the channel before considering an entry. Targets in blue.
Keep in mind that this is a risky trade.
Note
Support held perfectly. Closing in on target 1.Note
TP 1 hitNote
✅ Target 2 hit!
🎯Official Channel: t.me/FieryTradingChannel
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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