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Hookanalysis

HOOK/USDT Major Downtrend Breakout — Reversal in Play🔍 Chart Overview HOOK/USDT has finally broken out of its macro downtrend, which had been holding the price down since December 2024. This breakout is not just a technical move — it could mark the beginning of a mid- to long-term reversal. The price is now retesting the breakout area (yellow box), offering an ideal entry point before a potential rally. 📈 Pattern & Technical Structure 🟡 1. Breakout from Long-Term Downtrend The yellow trendline shows a 7-month-long bearish trendline. Price has now closed daily candles above this line, indicating a clear shift in market structure. The breakout occurred after a sideways accumulation phase between $0.1050 – $0.1200, which also acts as a demand zone. 🟢 2. Inverse Head and Shoulders (IH&S) Pattern Left and right shoulders formed around $0.1050 Head formed at the $0.0710 – $0.0777 zone Price has broken above the neckline, validating the IH&S reversal pattern 📊 3. Volume & Momentum Increased volume during the breakout confirms strong buying interest If the retest holds, bullish momentum could accelerate toward key resistance levels 🟢 Bullish Scenario (Positive Outlook) If price holds above the retest zone ($0.1167 – $0.1200) and confirms support: Bullish Targets: 1. $0.1300 – Nearest minor resistance 2. $0.1563 – Breakout confirmation zone 3. $0.1791 – Psychological and fib confluence 4. $0.2210 – IH&S pattern target 5. $0.2821 – Key horizontal resistance 6. $0.4649 – $0.5801 – Golden pocket zone (Fibonacci retracement) ✅ Potential ROI: 100%+ from current levels 🔴 Bearish Scenario (Negative Outlook) If HOOK fails to hold above $0.1050: The breakout may become a false breakout (bull trap) Price could fall back toward $0.0850 A deeper drop toward $0.0777 – $0.0710, the last major demand zone 🚫 Breakdown below this zone would re-enter a long consolidation phase 🎯 Conclusion & Strategy HOOK is at a critical turning point. A confirmed breakout from the macro downtrend + IH&S pattern signals a high-probability bullish reversal. The current pullback serves as a textbook retest — a prime area for entries. Aggressive traders can consider entering now with SL below $0.1050. Conservative traders may wait for confirmation candles above $0.1300. ✅ Quick Checklist: ✅ Confirmed breakout from macro downtrend ✅ Inverse Head and Shoulders pattern active ✅ Volume spike supports breakout ✅ Retest in progress at key demand zone #HOOKUSDT #HookBreakout #CryptoReversal #AltcoinSeason #InverseHeadAndShoulders #TechnicalBreakout #CryptoAnalysis #ChartPattern #TradingSignals #HookAnalysis #BreakoutCrypto
Long
by CryptoNuclear
#HOOK/USDT#HOOK The price is moving in a head and shoulders pattern on the 1-hour frame, adhering well to it, and is heading for a strong breakout upwards and retesting it, forming the right shoulder. We have a bounce from the lower channel line to the right shoulder, which is support at 0.0890. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. We have a trend of consolidation above the 100 moving average. Entry price: 0.0970 First target: 0.1000 Second target: 0.1039 Third target: 0.1096
Long
by CryptoAnalystSignal
1
HOOK/USDT – Successful Retest of BreakoutHOOK has successfully retested its downtrend breakout zone and is now attempting a fresh leg up, signaling renewed bullish strength. The previous resistance is now acting as solid support. Analysis Highlights: Breakout from multi-week downtrend line Sharp pullback → clean retest of the breakout line Buyers are stepping back in from the $0.095 zone Support Levels: $0.0950 – Immediate support (trendline retest zone) $0.0996 – Strong horizontal support $0.0890 – Key invalidation level (SL zone) Resistance / Targets: $0.1063 – First target $0.1234 – Mid-term resistance $0.1508 – Extended bullish target Stoploss: Below $0.0890 (close below trendline) Structure looks bullish for continuation if HOOK holds above $0.0950 and breaks $0.1063 with volume. DYOR Not Financial Advice
Long
by ScramblerG
1
#Hook (SPOT) IN ( 0.3350- 0.4160) T. (1.5060) SL(0.3200)BINANCE:HOOKUSDT entry range ( 0.3350- 0.4160) Target1 (0.6680) - Target2 (0.8960)- Target3 (1.2403)- Target4 (1.5060) SL .1D close below (0.3200) ______________________________________________________________ Golden Advices. ******************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. **************** My total posts www.tradingview.com 1Million Journey www.tradingview.com www.tradingview.com ********************************************************************************************************************** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT # IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL .
Long
by Crypto_alphabit
2
#HOOK (SPOT) entry range (0.3400- 0.4000) T.(1.5060) SL(0.3138)BINANCE:HOOKUSDT entry range (0.3400- 0.4000) Target1 (0.6680)- Target2 (0.8960)- Target3 (1.2403)- Target4 (1.5060) SL .1D close below (0.3138) *** Collect slowly in the entry range **** *** wait the price to come to entry range*** **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK ****
Long
by Crypto_alphabit
#HOOK (SPOT) entry range (0.4350- 0.4850) T.(1.5060) SL(0.4223)BINANCE:HOOKUSDT entry range (0.4350- 0.4850) Target1 (0.6680) - Target2 (0.8960)- Target3 (1.2403)- Target4 (1.5060) SL .4H close below (0.4223) *** collect the coin slowly in the entry range *** *** No FOMO - No Rush , it is a long journey *** **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF ENJ #ZIL #APT #MAV #ZRX ****
Long
by Crypto_alphabit
UPL chart is ultra dynamic for good return UPL is best share in chemical sector for fresh buy or bottom fishing what technical parameter speak 1 Flag pattern visible on weekly chart pattern 2 Inside that flag double channel also visible 3 following proper fab. point 4 Fer people called rounding bottom reversal 5 some people called hook pattern strong support on 500 and and that will jump again in his range of 600 to 850 support 500 Resistance 600 flag and life time high completed on 850 after that actual bomb blast on that share BUY upl above 540 TRG 1 - 620 TRG 2 - 720 TRG 3 - 820/860 above 860 trg is open for 1000/1200/1400 " SL - 420 that trg if adjustable for long term and short term investors before making any position consult with your financial advisory that all data and details only for the observation and study purpose
NSE:UPLLong
by Share-Mechanic
HOOKUSDT.1DWe have a 1-day chart for Hooked Protocol (HOOK) paired with Tether (USDT) here, with Ichimoku Cloud analysis included. Ichimoku Cloud: The price is currently above the Ichimoku Cloud, which typically suggests a bullish trend. The cloud serves as a support area, and the price staying above the cloud could indicate sustained bullish momentum. Resistance Levels (R1, R2, R3): Resistance levels are identified at 1.6005 USDT (R1), 2.1217 USDT (R2), and 2.3313 USDT (R3). If the price were to rise, these levels might act as points where sell-offs could occur. Support: The Ichimoku Cloud below the price forms the immediate support zone. If the price falls back into the cloud, it may indicate a loss of bullish momentum. MACD (Moving Average Convergence Divergence): The MACD line is above the signal line but converging towards it, suggesting that the bullish momentum may be slowing down. The MACD histogram also reflects this, as the bars are shrinking, indicating lessening bullish momentum. RSI (Relative Strength Index): The RSI is slightly above the midpoint at around 57, indicating that the asset is neither overbought nor oversold. There is room for price movement in either direction. Conclusion: Given that the price is above the Ichimoku Cloud and the MACD remains in a bullish configuration, it would seem the overall trend might continue upwards. However, the converging MACD indicates that I should watch for potential signs of a reversal or consolidation. I would keep an eye on the cloud for support and be ready to reassess my position if the price moves back into the cloud. If there's an upward move, I would consider the resistance levels as potential targets for taking profits. As always, it's crucial to keep updated with market news and sentiment, which can heavily impact price action, particularly for cryptocurrencies like HOOK.
by MarsSignals
Two entry points for HOOK with a potential profit of 55%Hello everyone! I suggest you take a look at HOOK. After a long decline, the price found its bottom around $0.71 and has been in an accumulation zone for 70 days since August of this year. Currently, on the chart, we can see that the asset has successfully broken and tested the descending trendline and further broke a strong Fibonacci level at 0.236, establishing itself above it. I see two entry points, one is riskier (but with a higher profit potential of ~79%) and the other is slightly less profitable but, in my opinion, better than the first. The first entry point is around $1.125, where one of the asset's support/resistance zones is located, along with the EMA-200 passing through. Opening a position can be considered after the price breaks and establishes itself above this level. The second entry point is at the 0.382 Fibonacci level ($1.295), entering a position after the breakout and confirmation above this level (expected profit of ~55%). This is not financial advice, and everything you do, you do at your own risk!
Long
by TradeMyIdea