Woousd
WOO has just formed a #head$shoulder at the bottomIn 1h time frame, the downtrend line in major pivots has been broken, the head is just lying on the support2 zone of the #PIVOT_POINT_STANDARD and the shoulders on the S1.
So after all I expect 25 to 30% pf profit if the black line breaks strongly.
The SL may be the head, if you are midterm and the shoulders if running a short term strategy.
Attention: It's better to have the risk and property management according to the main market situation now
WOOUSDT time for a leg up?Quick post on WOO as this is one of the coins I am watching closely. Already in this at 0.06 and looking to buy more.
This coin is hard to read right now as we go into this broad trading range with relatively low volume.
But Something tells me we are about to see a leg up from these levels. I prefer to wait for a good buy signal (e.g. a very bullish candle instead of an indecision candle,etc.) but the context for a low is good at this level, I think.
No guarantees here as the low volume could kill this setup instantly...
Not trading advice.