WOOUSDT.P trade ideas
WOOUSDT wants the supply zone?WOOUSDT has seen substantial growth in recent times, as indicated by a return of more than 79% since my previous idea.
The market for this asset recently broke out of a falling wedge pattern, with support noted at 0.18.
The price has since retested the 0.5 Fibonacci level, allowing it to acquire new liquidity.
The next target for this asset is expected to be the supply zone at 0.24 dollars, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
WOO 1D chartAt the beginning of January this year, with the rise of BTC, many currencies also rose, and WOO was no exception.
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It can be seen from the 1D chart that WOO has broken through the pressure trend line starting from the high point of 0.2747. After breaking through the previous high of 0.1975, it came to 0.2281, and the trend turned to higher high and higher low.
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Fibonacci retracement with the high point of 0.2281 and the low point of 0.1016, WOO steps back at 0.1649~0.1798, and the first target is 0.2914~0.3063.
It should be noted that 0.2764 (1.382) overlaps with the previous high of 0.2747. The previous high point usually has a resistance effect, and WOO may consolidate here for a period of time before going out.
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WOO target price:
0.2764
0.2914~0.3063
0.3546
0.4103
0.4382
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WOOSDT (4H) - Bullish Wave LTFHi Traders
WOOSDT (4H Timeframe)
A high probability, entry signal to go LONG will be given with the upward break of 0.212 after the market found support at 0.192. Only the downward break of 0.192 would cancel the bullish scenario.
Trade details
Entry: 0.212
Stop loss: 0.192
Take profit 1: 0.250
Take profit 2: 0.285
Score: 8
Strategy: Bullish Wave LTF
WOOUSDT wants the resistanceThe price is testing the upper trendline inside an ascending channel
How to approach it?
IF the price is going to have a breakout or if the price is going to grab new liquidity, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
WOO - 10/01 - 1D Chart UpdateWOO - 10/01
#WOO is currently trading in a ascending channel after it manage to confirm a breakout on the daily candle.
After some good news on the WOO Network the coin had a 48% increase and touched the first resistance.
Given the current market we can expect it to try a breakout again from the first resistance zone ($0.189~$0.205) and if it manages to break that zone we can easily see the price go to $0.25.
*Candle color depicts volume
WOO/USDT | Seems like Ready to FLY. 🚀🚀
#WOO Seems like Ready to FLY. 🚀🚀
Falling Wedge Formation in Weekly timeframe.
RSI is Printing Bullish Divergence.
Massive Buying Volume Coming in..
+500-600% Profit Potential in the Midterm.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
WOOUSDT | KEY LEVELWOO has been trading in a bearish trend fully respected by falling trend line.
The price has now approached to the falling trend line. The same zone has horizontal resistance, 0.23 fib level and a triple top zone too.
The bulls will only get complete control once it break above the level.
While bears will get control below the resistance zone.
Manage your trades accordingly.
WOO short ideaExpecting WOO to push up from here to take liquidity from the previous high and reject from the hold level above.
Be aware that price could push higher from there to the yellow line (Origin)
If price pushes up to that line, I would add to my position and target the daily backside hold that is currently in play and holding the move up.
WOO / WooTrade clear downtrend
Posting this one as an analysis because it crystal clearly shows the downtrend is fully intact and
1) fibs lead to 0.886 major / 4.236 local once local w3 hits 2.618
2) the fractal of the first down leg perfectly matches that target
giving a clear 5-3-5 corrective pattern to about $0.03
Note: not expecting the 2nd leg to perfectly follow the fractal and escape the channel, in fact expecting to hit the target quicker
Invalidation: Break + restest of downtrend channel. nutting else
Until invalidation, theres absolutely nothing bullish to see here
Hold my beer pls
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No financial advice, do your own research, don't be stupid