Hooked Protocol (Binance: HOOKUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, HOOK began a red wave one advance on December 1. The red wave one peaked on December 1 and the red wave two correction ended on December 3. If this wave count is correct, HOOK should be heading next towards the December 1 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Hooked Protocol is building the on-ramp layer for massive Web3 adoption, providing tailored Learn & Earn products and onboarding infrastructures for users & businesses to enter the new world of web3. Cilinix Crypto reviewed the project two weeks ago.
(Sources: https://hooked.io/)
How Will Hooked Protocol Trade?
Hooked Protocol (Binance: HOOKUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
HOOK will takeout the December 1 peak
HOOK will drop below the December 1 low
HOOK will stay in a trading range between the December 1 low and the December 1 peak until January 14