🔥 HOOK Crazy Break Out Potential

١٤ أغسطس ٢٠٢٣

HOOK has been trading inside a falling wedge for 7 months now. In my view, a bullish break out of this pattern could lead to a new bull-trend for this token.

Naturally, a bullish BTC will help. Also, this trade could play out over the long-term, so no quick money here. Still, a risk-reward of 36 is very respectable.

I'm waiting for a daily candle to close above 1.08 to make an entry, stop just below 1.00, target at 4.00.