Head and shoulders developing or ATH soon?I'm seeing bearish on the short term despite the bull market - watching for a right shoulder to develop. I'm not comfortable shorting a bullish market so will watch for reversals at the previous weekly high and the weekly open to enter a long. They also line up with the .5 and .618 fib retracement on the daily impulse. Good luck to all, NFA lol
WOOUSDT trade ideas
WOO Network: Triangle breakout & potential 10x bagger! (Part 2)I wrote earlier that WOO Network broke a giant triangle on its primary wave 4 and is currently riding an impulsive primary wave 5 to at least 10$ and even higher. We are currently going up on a secondary wave 3 of that primary wave 5 as shown on the chart. Do your due diligence but WOO Network is literally the Robinhood of cryptocurrency with its 0 fee scheme if you stake a certain amount of WOO tokens. The spreads are fairly tight as well so you are not getting screwed with the bid-ask spread because the company behind, Kronos, is doing a great job market making. I know because I was an early adopter and I now moved all my business from Binance to WOO Network. Also the coin tokenomics are deflationary, which makes this compelling for price appreciation.
WOO - Wootrade by Kronos ResearchWhat is Wootrade?
Wootrade was founded by Kronos Research in June 2019, one of the largest cryptocurrency trading firms. They will be seeding liquidity to Wootrade in the short term and creating an ecosystem where employees within both companies won't have any innate advantages over others.
The exchange is a dark pool trading platform that offers significantly above-average liquidity as well as tighter spreads than the major exchanges. Users of this innovative cryptocurrency exchange are offered zero (or even negative) fees and have access to high volumes of trade opportunities with tight spread; it's truly an innovation in crypto markets. They offer simple or advanced layouts for trading purposes.
What is Wootrade (WOO) Token?
WOO is a native platform token that unites liquidity providers and seekers into a mutually beneficial economic system, where traders receive better prices due to high volume orders executed faster than they would on their own.
Traders are incentivized by matching short positions across multiple regions at once, while also involving longs diversifying one's portfolio away from believing in just one singular region or country alone. By leveraging WOO tokens, the platform incentivizes liquidity providers to compete on prices and spreads for traders, rather than placing importance on volume which can sometimes be fake or manipulative by large market participants like HFT firms with high amounts of capital at their disposal.
WOO is an exchange token, this exchange will be in the top 5 in the next couple of years. (take a screenshot)
*read about Kronos Research
Best regards EXCAVO
WOO Network: Triangle breakout & potential 10x bagger!WOO Network just finished a huge triangle, similar to the one Solana did from May to July before the crazy 10x rally. Woo Network could be a 10 bagger as well. Go read about the project. It is an exchange with 0 commissions if you stake some of their tokens. Also revenues they generate from the trades are going toward buying WOO tokens and burning them, thus increasingly the value. The UI is slick and they have an IOS mobile app.
WOOTRADE:USD 1day time Broken triangle But not fixed!! It is technically very beautiful
Professional traders They know which part to enter trid is here
WOO long on a false break premiseMostly a RR play banking on a potential false break. Tight stops for a quick out when things go against me. Minimum target is 55c which is 3.7R. Could go way higher but we'll see.
Note this is a low probability high RR play. I like these moves and have studied them but like anything else in this business, they don't always work.