WOOUSDT trade ideas
WOOUSDT Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 0.32 - 0.38 - 0.45
after first target reached move ur stop to breakeven
Stop: ~0.15 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
WOO/USD - About to POP! 🤩WOO Network is in this symmetrical triangle for some time and now the price appears ready to POP.
Bias is bullish on this chart and it can easily move to 24 cents.
Indicators are bullish and this triangle is a continuation pattern for all intended purposes.
Volume not great right now, but I expect it to explode once the price break above.
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WOO NetworkWOO/USDT look at this coin what do you think it will Follow trend like Last support downdraw we are looking to make retest on Support updraw and buy it
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions
WOO buy zoneDiagonal support is a clear area to take longs with short stops just below. Although if bitcoin nukes we could see the price wick below support.
*WOO/USDt*
We've the formation of a nice inverse head and shoulders on the longer time frame. Just waiting for the possible formation of the right shoulder and to stay above the support below (up trend intact).
Taking longs at the support will minimise risk/reward. Looking for a breakout and retest. And to play this support line until invalidation.
*WOO/BTC*
Well above the ichimoku cloud on the 12 hour timeframe, and the presence of a strong up trend. Caution though to be had as the trend is close to invalidation with the lagging strand nearly meeting price action, and the diagonal support here easily invalidated.
*Conclusion*
For a decent trade here we would want to see some consolidation, and possible contact with the underside diagonal support. We would then want to see price action and the lagging strand above the ichimoku cloud on the 1 hour time frame for both the USDT and BTC pairing. At this point we can let the price run and test the overhead horizontal resistance.
++ Also looking to play the re-entry retest of the breakout, or to keep it simple, wait for this to happen.
WOO NETWORK LONG TRADE 20220618Signal: Red -> Green
Context: Blue in high timeframe
Risk Reward: 3
WOO, WOO NETWORK, WOOUSD, WOOUSDT, WOOUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
WOOSalaam
After a long time, I'm here to share with you my thoughts:
WOO is located just below the descending channel.
Today we have CPI numbers that are important for crypto.
WOO is also located in the falling wedge that expects to break to the upside.
In this case, we could see a 50% relief rally for WOO.
RSI only breaks the MA to the upside and could do a retest.
Remember in such important news, we usually see opposite moves from the market before true movements.
You could check the result for CPI here:
www.forexfactory.com
Managing your risk is the most important item for keeping the account live and see growing!
Good luck,