WOOUSDT
WHY WOO COIN PRICE DROP ? WOO COIN ANALYSIS AND TRADE SETUP !!WOO Coin Update & Possible Move !!
• On 4h tf Currently holding now its support . ( small bounce expected.
• MACD &RSI are Bearish on 4h, 1D &1W Chart.
• Personally i open trade in long with 1% on 0.18$ lets see what happen.
• If its break its 4h support then next stop is at 0.15$.
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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.
WOOUSD 🕯️ Touching Support Area from Rising Channel Pattern We've got 2 things that could happen:
It either breaks downward the rising channel it has been trading for a very long time and this means bears would take control so in that case:
Bearish target would be: 0.15 - 0.17 area
It resumes the uptrend and bounces off this support area as it has been doing for the past months and since NOV '22 actually. So it's been a very long and consistent pattern that has been playing out. I'd be cautious to go against it until a very good confirmation is in place.
Bullish Target : 0.26 - 0.30 area
Happy trading and I'll keep updating as I see points of interest.
Regards,
🕯️ Kina 🕯️
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.
woo usdt perpetual Hello fellow traders
Greetings from team Trading The Tides
lets talk about Woo which we been trading for the last 3 days and made around 30% in profits .
today as the FOMC is really close and there many crucial Data down the line .
First of all specifically today I don't see much buying in WOO , secondly Woo is creating more and more resistance to the upside , which make me think not to trade woo until it goes back to support and on atleast 15 min time frame creates a wick which in other sense gives idea about institution getting in to take the prices higher , so I will wait till then .
My second opinion about woo is to break the lows of the symmetrical triangle on 4h , 1h
and then we can plan a short trade again on the basis of breakdown structure with proper risk n reward .
I don't take more than 2% SL so if the trade goes opposite , I will accept the SL and look out for other opportunities .
Note :
I am just a technical , fundamental analyst and day trader .
Any info given is not a financial advice , i am only posting what i think is right , feel free to guide if u think i am wrong plz .
Thanks .
WOO - Hedge ShortI've been long AF on WOO and expect at least 50%, potentially 2x move from here if we break the resistance with volume, but also starting to build a short position in this area because:
- it's packed with resistance: Downtrend VAH, cluster VAs, untapped daily pivots and TR Extension.
- As per my previous ideas, there are key levels to the downside which will work as a magnet at probably in the next 3 months.
There is a slim chance that I already got front-runne as it hit golden pocket on log scale, but I don't trust golden pocket when trading alts.
I'll stop the trade manually as we'll probably have a daily bearish div we get a daily close above the daily resistance.
WOOUSDT - Head and Shoulders PatternWOOUSDT (1W Chart) Technical analysis
WOOUSDT (1W Chart) Currently trading at $0.285
Buy level: Above $0.277
Stop loss: Below $0.19
TP1: $0.35
TP2: $0.4
TP3: $0.5
TP4: $0.6
Max Leverage 1x/Spot Market
Always keep Stop loss
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