💎 Paradisers, #HOOK has broken out of a trendline and formed a W pattern, which suggests an increased likelihood of a bullish move.
💎If #HOOKUSDT manages to break above the resistance level, it could signify a bullish continuation.
💎In the event of a pullback, we might anticipate a bounce from the bullish order block (OB) due to the overall bullish market...
🐳#HOOK (x39.7727)
🌀0.88 USDT
💵35 USDT
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Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn and Earn products and onboarding infrastructures for users and businesses to enter the new world of web3.
HOOK/USDT Chart Analysis:
Bull Flag Formation:
HOOK/USDT is currently displaying a Bull Flag pattern, indicating a potential upcoming breakout.
Breakout Potential: Anticipating a breakout soon, with potential gains ranging between 20%-50% from the current level.
Strategic Entry: Consider entering around support levels for optimal risk management and potential...
BUYZING ZONE:-
The price of HOOK/USDT has established a strong buying area between 1.1073 and 1.1384 USDT.
Traders can consider this range as a favorable zone for accumulating positions in HOOK/USDT, anticipating a potential price increase.
Target Area:
Based on our analysis, we have identified an optimistic target area between 1.18000 and 1.9000 USDT. However,...
HOOKUSDT newly listed coin on Binance trading in very tight range. The possibility of it explosive is high because if people from ICO was supposed to dump it, they would have dumped it in one or two days after listing.
Actually I entered in this position early and you can check from the linked idea attached to this idea.
The New listed coin in Binance. 15 minutes time frame shows that big Boys are buying. If the big Boys are buying we follow them.
Entry price: $2.22
Stop loss: $2.12
Target: $3
Risk to Reward: 1:8.5
