HOOKUSDT Swing Long SetupYou have notice that I took a long position earlier on Hook.
Hook was basically retested very strong support level on its BTC pair, which made me supper bullish after confirmation of break out on triangle.
So basically, I will leave 25% for my final target which is a measure move from current trading rang. Similar to what happened with ID recently.
Lets See
Hook
META BULLISH SCENARIO CONTINUATION META has a lot to recover to previous heights and has been doing well since November of 2022. The 380-level target is still far away, but the growth recovery rate is impressive for the past 6 months. Those typical for the stock earnings gaps might deliver father, due to the monetization model of all the platforms developed by the technological giant. Research shows from the 21 minutes average spent by the user in 2018 this number has nearly doubled to 39, which means boosting the monetization model, advertisement, engagements, etc.
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🔥 HOOK Channel Bounce: New Highs Coming?A couple of weeks ago I made an analysis on HOOK and the channel it was trading in. My expectation was that we'd see some kind of bounce, which has now occured yet again.
I'm looking for a move towards the blue target areas. HOOK saw an amazing start of 2023, so investors' interest is certainly there.
HOOK/USDT TRADE SETUP! LOW RISK, HIGH REWARD!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this HOOK/USDT trade setup.
HOOK looks good here. Forming a descending triangle in a 4hr time frame and currently bouncing from the lower trendline of the triangle. Open a long position here and add more in the dip.
Entry range:- $1.68-$1.74
Target1:- $1.84
Target2:- $2.02
Target3:- $2.20
Target4:- $2.35
SL;- $2.64
Leverage:- 5x-10x
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Also, share your views in the comment section.
Thank You!
HOOKUSDT Idea As you can see, the first 5-wave Elliott Wave is forming in an ascending mini-channel.
To use this setup, I suggest that you enter into a buy trade ( long trade ) after the price hits the bottom of the upward channel and when the fifth Elliott wave forms.
Place the targets on the upper line of the channel or the end of the fifth wave
BINANCE:HOOKUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.