HOOKUSDT.PS trade ideas
#HOOKUSDT (Watchlist) 4-2023Consider adding this BINANCE:HOOKUSDT to your watchlist.
When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
HOOKUSDT is testing the resistanceThe price is currently testing the 4-hour resistance level, which could act as a significant barrier for the price to move higher. If the price manages to break above this level and confirm the new uptrend, according to Plancton's rules, a new long position could be taken.
However, it's crucial to keep in mind that the price may face some resistance at the 2.2 area, which is a significant resistance level. Traders should watch for signs of increased buying volume and momentum to confirm the breakout and avoid false signals.
Overall, HOOKUSDT's recent price action indicates a potential bullish move, but traders should wait for the confirmation of the breakout and consider the risk-reward ratio before making any trading decisions.
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
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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.