HOOKUSDT trade ideas
HOOK USDT PERP I marked the down arrow on the 4H time frame,
that's the supply zone because of the high chart,
but it hasn't been able to break from the previous char high.
so I put the limit short area on
entry 2.360 - 2.403 and area
stop loss 2.474
I hope it doesn't make a higher high candle
stick/noise up because retail usually
akes it on a chart like that
BINANCE:HOOKUSDT.P
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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HOOKUSD: Sits at PCZ of a Bullish GartleyThe MACD is prepped for a Bullish Crossing as it attempts to show its first confirmation of Bullish Convergence since hitting the PCZ the first time. If it can bounce here again it would be a Higher Low and Break Hook and Go off the Gartley PCZ which from there I think will have room to more than double in value.
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.
🔥 HOOK Potential Bounce Area LocatedHOOK 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.