HOOK ~ 2D ✅
#HOOK Moving in a descending pattern for now. The best way to buy after this descending pattern is successfully broken is with a target of 10-20%+
#HOOK
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.5250
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports...
The Hook/USDT pair has confirmed a breakout on the 8-hour time-frame and is exhibiting strong bullish signals on the weekly time-frame. My analysis suggests a potential 30-80% bullish move in the short-term, with the possibility of a significant bullish rally in the mid-term.
Please note that the information provided is not financial advice. It is recommended...
💎HOOK has recently demonstrated notable market dynamics. It has successfully broken out of a descending channel pattern, signaling a potential upward movement. However, it is currently in a retesting phase at the trendline.
💎 The next target for upward movement is the resistance area around 1.05. If HOOK manages to break above this resistance, we could witness...
#HOOK
The price is moving in a descending channel on a 4-hour frame
We are now at the lower border of the channel from which the price has rebounded more than once
A bounce to the upper limit of the channel is expected on 3 targets
We also have support from the RSI indicator
Current price 0.8128
First target 0.8364
Second target 0.8600
Third target 0.8900
💎 HOOK has been capturing considerable attention in the market, currently consolidating in a zone that previously acted as resistance. Adding to this dynamic is HOOK's movement within a Bullish pennant formation in the Lower Time Frame (LTF), indicating a potential breakout. If HOOK manages to successfully break out of this pattern, the probability it could lead...
TRADE ALERT! HOOK
Ticker: HOOK/USDT
Entry:1.1100-1.1160
Take Profit: 1.25-1.30
Stop Loss: 1.0200
Risk to reward: 1:2
Technical Thesis:Hook moving in a symmtrical traingle formation.
If price breaks out with good volume then we can look for long.A good breakout is needed before going for long.
◳◱ We've a Double Bottom pattern on the NASDAQ:HOOK / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 0.821 | 0.8648 | 0.9671 and the major support zones are respectively at 0.7187 | 0.6602 | 0.5579.
◰◲ ...
