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WOO / TetherUS

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WOOUSDT 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 ––––– 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
WOO 1D chartAt the beginning of January this year, with the rise of BTC, many currencies also rose, and WOO was no exception. - 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. - 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. - WOO target price: 0.2764 0.2914~0.3063 0.3546 0.4103 0.4382 -
Long
by DannyC914
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 🦐
by InkyGrip
12
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 ---- No financial advice, do your own research, don't be stupid
Short
by NastyBeer
2