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
HOOKUSDT
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
An incomplete corrective upward waveFive downward waves have been made, and three upward corrective waves remain before another five downward waves are completed
Note: one last upward corrective wave out of the three corrective waves remains, and the corrective rise ends, and another strong new decline begins.
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.