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WOO / TETHER Standard Futures

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WOOUSDT.PS trade ideas

WOOUSDT wants the breakout?Falling Wedge Formation : The price of WOOUSDT is currently trading within a falling wedge pattern on the 4-hour timeframe. A falling wedge is a technical chart pattern characterized by converging trendlines that slope downward. This pattern often indicates a potential reversal from a downtrend to an uptrend. Plancton's Rules Application: As per your analysis and Plancton's Rules, you're considering a new long position if the price successfully breaks out from the dynamic and static resistance levels. A long position involves buying the asset with the expectation that its price will rise, aligning with the anticipated bullish momentum indicated by the breakout attempt. 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 🦐
by InkyGrip
2
✴️ WOO Network 145% Potential Mapped With Full AnalysisWhile this isn't the best looking chart in the short-term, WOO Network is actually pretty strong. Pause, join me and see what I see. WOOUSDT D (Daily) TF 13-Aug. was full red for WOO, 14-Aug. was full green; full recovery of the previous day and a close daily above EMA10. WOO Network hit a low in November 2022 together with Bitcoin and has been printing higher highs and higher lows since. While many Altcoins went on to hit new lows or lower lows in June and July, this isn't the case for this pair. Here we can see how the support levels each time end up being higher and higher and this is the giveaway signal, a clear declaration of strength. The first thing this tells us is that this pair is good for long-term hold. If it does not move lower when the time of correction comes, it means that it will hit new highs each time the time comes to move up. The bullish cross is already visible on the MACD with green histogram. ✔️ I am seeing 0.47 as the target for this wave (145%) with a short/easy/fast stop at 0.30 for 60%, for those who don't want to wait. We can say there are better charts but almost an entire year of higher lows? The initial wave earlier in 2023 went on for more than 240%, this one should also be good and 2024 massive. Namaste.
Long
by AlanSantana
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! 🌴
Long
by MyCryptoParadise
WOO 3 ScenarioWOO As shown in the chart, the Bitcoin currency has risen strongly this year Investors injected good liquidity into the currency There are two support lines as shown in the chart The price may rise at the moment, as we are standing on the first support line If the price breaks the first trend line and the price goes down, we will touch the main support line, and I think it will be a great opportunity to buy what are you expecting ? (Sorry my english is not good) Did you like my analysis? Leave a comment, like, and follow to get more
by Spark_king