WOO
WOO/USDT Break Alert! Bullish Momentum for to Continue Upward💎 WOO has undeniably piqued our curiosity. Successfully breaking out of the primary descending channel pattern, WOO is now in its retesting phase. Observing its recent activity, WOO has shown bullish tendencies in the demand zone, suggesting it might be gearing up for further upward progression, potentially challenging the supply zone.
💎 Historically, WOO has frequently interacted with a robust support level, consistently preventing further declines. In its most recent interaction, WOO exhibited a notable bounce from this potent demand zone, culminating in its breakout from the descending channel.
💎 However, should WOO falter and not maintain its position above the demand zone, it might revert to the strong support level. A definitive bearish sign would be if WOO breaches this support and closes below it on the daily chart.
WooWOO had a perfect level to long from Weekly FVG at 0.1462$
Unfortunately wasn’t checking on this coin, so I missed that good opportunity to long.
I expect bullish trend continuation on this coin. Also the reason is Bullish monthly close.
Levels I would book some profits are 0.2$ where the coin has W FVG and W 50 ema resistance; 0.22$ and 0.29$ (Lines 1 - 2)
If the coin comes back to 0.1644$ from the CURRENT level, in this case, the coin can come back to 0.1462$ price level to test it. And only closing below that level, will leave the coin lower to 0.1178$ (lines 3 - 4)
MY WOO DOUBLE PATTERN TRADEIn the past days, I posted an idea about BINANCE:WOOUSDT forming a potential double top pattern. Then, entered with the confirmation of a breakout on the first diagonal support line along with other confluences such as good selling volume and the RSCD (RSI and MACD).
Take profit areas:
1) Price touching the second and the longer diagonal support.
2) Price reaching the neckline support.
3) Price on the 0.5 fib area/ common support line.
4) Stop profit above neckline.
How to Use the TP/SL Split Target Feature on Binance Futures
www.binance.com
WOO: DOUBLE TOP PATTERNIn this technical analysis, the idea presented is the 4-hour chart of BINANCE:WOOUSDT , which appears as a bearish indication of a double top pattern. With that, I plotted two potential diagonal support lines to consider for a breakdown to materialize.
I have a bearish sentiment for WOO based on an unlocking happening this October 10 per defillama.com . What is unlocking? From a coin perspective, investors have the attempt to sell the unlocked tokens that they held for some time, which can decrease the price of the coin.
We're currently on a weekend, so we can't expect volume. I will continue to monitor this coin from time to time and provide updates as well in the comments.
On another note, consider checking my article about BTC CRUCIAL TRIANGLE as we could expect a massive move and could correlate with altcoins as well.
Always plan your trades by knowing your support and resistance along with take profit or stop-loss areas when entering a position. Happy trading!
WOOUSDT - Buy Setup!!WOOUSDT (1D Chart) Technical analysis
WOOUSDT (1D Chart) Currently trading at $0.18
Buy level: Above $0.177
Stop loss: Below $0.161
TP1: $0.187
TP2: $0.2
TP3: $0.23
TP4: $0.27
Max Leverage 2x
Always keep Stop loss
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WOOUSDTThis is a 1D frame analysis for WOOUSDT Our first support zone has been able to support the price multiple times and move it upwards, and currently the price has managed to move back to the first resistance zone after bouncing off. We expect the price to move towards our first resistance line from this zone.
WOO SHORT SETUP After hitting the fvg, bearish order flow has been well transferred to the candles.
Then after the bearish order flow was transferred, we saw a bearish CH.
A dynamic resistance has been formed above the price, which is the place of divorce between descending blocks. As the invalidation level is close, sell/short trades can be attractive.
The main and strong demand is Demand 2, where you should completely exit Sell/Short trades
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
WOO Network (WOO) formed bullish Gartley for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new update on WOO Network (WOO) with US Dollar pair.
Previously we caught almost 70% pump of WOO as below:
Now on a 4-hr time frame, WOO has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
WOOUSDT Rally: Bullish Momentum Gains Steam!💎Since finding support at $0.15, #WooNetwork has been on a continuous ascent, forming higher highs and higher lows. The breakthrough above the downtrend trendline, along with the subsequent minor resistance breakout, signals a potential shift in momentum as buyers assert their presence.
💎Currently, the probability of an uptrend is slightly higher compared to the downtrend scenario, prompting buyers to seek a favorable risk/reward opportunity. #WOO is currently trading near the demand zone and testing the support uptrend trendline, indicating a phase of buying accumulation. This accumulation process is likely to persist as long as the price remains above the demand zone.
💎Such accumulation is expected to pave the way for an explosive price growth, offering a promising 73% upside potential. In the event of an uptrend, #WOO is likely to target the previously formed high at $0.35. However, the price action around the 78.6% Fibonacci retracement level, representing a minor supply zone, warrants close monitoring.
💎While maintaining a bullish outlook on #WOOUSDT, it is essential to consider an alternative scenario. Should the price break below the demand zone, the probability could shift in favor of the bears, potentially leading to a drop down to the 78.6% Fibonacci support or even lower.
💎As diligent Paradisers, we shall remain attentive to both possibilities, ensuring informed decisions amid the evolving market conditions. Stay informed, stay prepared! 🌴
Woo...What goes up must come downI gone short on Woo, we have a bearish harmonic pattern, rejection at resistance, sharp short down to support. Lev 25x. The red labels are resistance, blue support, also has the % coin has to travel to hit targets. Should help with position size
My leverage extended, Lets see how these trades go for the week
#WOO/USDT 8h (ByBit) Descending trendline breakoutWoo Network looks good for bullish continuation after consolidating above 100EMA support, targeting broadening wedge resistance.
⚡️⚡️ #WOO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.9X)
Amount: 5.0%
Current Price:
0.2131
Entry Targets:
1) 0.2103
Take-Profit Targets:
1) 0.2389
Stop Targets:
1) 0.1960
Published By: @Zblaba
FWB:WOO #WOOUSDT #WooNetwork #CeFi
Risk/Reward= 1:2
Expected Profit= +80.2%
Possible Loss= -40.1%
Estimated Gaintime= 1-2 weeks
woo.org
WOOUSDTHello Crypto Lovers, This is a 4H frame analysis for WOOUSDT The price is currently fluctuating within the range between the first support line and the resistance line, and as you can see, until the price breaks out from one side, we cannot issue a signal, so if the price is able to break the resistance line and establish a higher low, I expect a bullish move towards the resistance line. Currently, the price is moving towards the resistance line and there is a possibility of breaking it. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
woo network short setup Stop: above the trebdline and mini triangle
entry at 0.618 Fib + GAP + POC
traget : previous POC
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
WOOUSDT likely to head up to weekly resistance 0.26-0.27The price is trading between weekly support zone WS1 and weekly resistance zone WR1. I believe it is likely that the price will continue its upward journey towards weekly resistance WR1. Once it hits the resistance WR1, the price will be pushed back down. We will check what are the relevant lower time frame supports on the way down once it hits that resistance area.