#HOOK

The price is falling in a falling wedge pattern. The strength of the bearish trend has decreased and if the price can break out of the pattern and break the resistance of $1.0290, it will probably continue to grow up to $4.

#HOOK price has formed a falling wedge pattern . considering the slowness of the downward trend , if the price can break through the $0.8400 resistance, the price will grow . Confirmation of the bullish move would occur with a candle close above the resistance.

The price of the #Hook started to grow after reaching the support. The price must be able to break the downtrend line to continue its growth. The resistance level is $0.9000.

The #HOOK price has reached the bottom of the ascending channel in the 4-hour TF, and the ascending harmonic pattern has been completed. It is expected to start growing after breaking the dynamic resistance and continue to grow until the ceiling of the ascending channel. The first target is $1.70.

The decrease that occurred in the price of all Cryptocurrencies in the last few weeks caused the price of #HOOK to decrease a lot and reach the support level of $0.7950-0.6300.
Given that the price has reached the dynamic resistance zone and has not broken it so far, the price can fall again to the support level.
The indicated support level is the most important level to consider now.

#HOOK is still moving in a wedge pattern and respects the marked lines well.
According to the previous scenario, the price started to decrease after reaching the resistance of the wedge pattern and reached $0.3500.
After reaching the dynamic support area, the price recovered well and has grown more than 40% so far.
If the strength of the bullish candles is maintained in this way, this time the price will leave the wedge pattern.