Technical analysis by Danesz28 about Symbol HOOK on 2/5/2024

I've checked HOOK and I think we will find some good entry point to open long position. I think HOOKUSDT gave a pattern for us. After some bullis movement, we change the trend to a downtrend (in my opinion it's just a healthy retracement). If BTC won't spoil the party or any manipulator on the market, we could see a reversal from this falling wedge pattern. Now the price is at support line so some bullis sign would be great. If breaking out this wedge I will long till that, this coin just on watchlist for me.