WOOUSDT trade ideas
WOO has just formed a #head$shoulder at the bottomIn 1h time frame, the downtrend line in major pivots has been broken, the head is just lying on the support2 zone of the #PIVOT_POINT_STANDARD and the shoulders on the S1.
So after all I expect 25 to 30% pf profit if the black line breaks strongly.
The SL may be the head, if you are midterm and the shoulders if running a short term strategy.
Attention: It's better to have the risk and property management according to the main market situation now
WOO TRADE will see the FTX RUN soonWOO Trade has tremendous potential and if you missed the FTX run, this could be your second chance.
What is WOO? Liquidity Aggregator backed by Kronos Research
I am not going to deep dive much into the fundamentals but just a few facts:
1) WOO is being built by the biggest market maker on FTX and one of the biggest in the whole crypto space (KRONOS - approx 5BIL USD daily trading volume)
2) Their platform is in closed beta and going to be launched very soon - unique feature is to hold WOO to not pay any fees, which is massive for any bigger trader
3) WOO is not just an exchange it's going to connect the liquidity across all the Cex and Defi exchanges in the whole cryptospace
4) Already net positive, no need to sell WOO tokens
5) WOO ventures (coins from private sales of new projects being airdropped to WOO holders)
AND MANY MORE...
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WOO in symetyric triangle. Need volume!WOO had a massive growth the last 3 month. We're stil in a good uptrend but having troubles to break the ATH of .63 USDT.
I think WOO needs some good news or maybe a new listing before it can rocket to $1 USDT.
Let's see how this week plays out. It can be up but also down in my opinion.
WOOUSDT time for a leg up?Quick post on WOO as this is one of the coins I am watching closely. Already in this at 0.06 and looking to buy more.
This coin is hard to read right now as we go into this broad trading range with relatively low volume.
But Something tells me we are about to see a leg up from these levels. I prefer to wait for a good buy signal (e.g. a very bullish candle instead of an indecision candle,etc.) but the context for a low is good at this level, I think.
No guarantees here as the low volume could kill this setup instantly...
Not trading advice.
WOO TRADE very promising B2B trading platform. Chart looks good both in Fibonacci and MA. Hopefully it will reverse soon for new all time high.
*** This is just for educational purpose, not an investment advice. I am not an finacial advisor, I am just sharing my own analysis.
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