WOOUST trade ideas
Woo...What goes up must come downI gone short on Woo, we have a bearish harmonic pattern, rejection at resistance, sharp short down to support. Lev 25x. The red labels are resistance, blue support, also has the % coin has to travel to hit targets. Should help with position size
My leverage extended, Lets see how these trades go for the week
#WOO/USDT 8h (ByBit) Descending trendline breakoutWoo Network looks good for bullish continuation after consolidating above 100EMA support, targeting broadening wedge resistance.
⚡️⚡️ #WOO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.9X)
Amount: 5.0%
Current Price:
0.2131
Entry Targets:
1) 0.2103
Take-Profit Targets:
1) 0.2389
Stop Targets:
1) 0.1960
Published By: @Zblaba
FWB:WOO #WOOUSDT #WooNetwork #CeFi
Risk/Reward= 1:2
Expected Profit= +80.2%
Possible Loss= -40.1%
Estimated Gaintime= 1-2 weeks
woo.org
WOOUSDTHello Crypto Lovers, This is a 4H frame analysis for WOOUSDT The price is currently fluctuating within the range between the first support line and the resistance line, and as you can see, until the price breaks out from one side, we cannot issue a signal, so if the price is able to break the resistance line and establish a higher low, I expect a bullish move towards the resistance line. Currently, the price is moving towards the resistance line and there is a possibility of breaking it. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Possible short on $WooIf this plays out, take profit along the way
• This is a reversal pattern and you can use it for a short or long position as long as you can identify it on either an inverted or normal chart
• The pattern is characterised by Higher low followed by a lower low and a deep dive that can be traded.
* You can allow the deep dive to play out completely before taking the reversal position
* Research more on the 3 driver pattern and the fib. levels.
WOO/USDT with a potential breakout...or?Hey traders 👋
Let's take a look at WOO coin which has been performing pretty good recently where price is currently going for a breakout from 200EMA. We see here two potential moves to happen:
First one - Price breakout from current market price and goes for "buy zone" from where we will most likely head towards $0.250
Second one - 200EMA rejects the price of which will leave a price below both EMAs. Meaning we will most likely head towards those blue boxes for some correctional movement!
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
CROUSDT (4H) - Bullish breakoutHi Traders
WOOUSDT (4H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 0.1914 resistance level. Only the downward break of 0.1789 would cancel the bullish scenario.
Trade details
Entry: 0.1914
Stop loss: 0.1789
Take profit 1: 0.1991
Take profit 2: 0.2116
Score: 6
Strategy: Bullish breakout
woo network short setup Stop: above the trebdline and mini triangle
entry at 0.618 Fib + GAP + POC
traget : previous POC
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
WOO - Swing Short (Hedge)If you'd look at my profile you'd see me trying to short WOO couple of times (and also been long for a few months now). All of the shorts gave good reactions but the beast is not giving up, and there are quite valid reasons to believe that it can pull a massive move to the upside soon. Hence, this is only a hedge for me and I'll take my time to fill full position, especially going into the weekend.
WOOUSDT is creating the Pennant WOOUSDT is exhibiting a pennant, which is forming above a 4-hour demand zone.
The pennant pattern typically represents a temporary consolidation phase before a potential continuation of the previous uptrend.
Market participants are showing a strong interest in testing the $0.20 area, which coincides with a significant daily support level. This level has historically proven to be a crucial support zone for the price of WOOUSDT, attracting buyers and potentially triggering further bullish momentum if successfully tested.
However, if the price fails to sustain the pennant formation and breaks below it, we could expect a retest of the 4-hour demand zone around the $0.21 area. This zone has previously acted as support and could potentially act as a support level again in the event of a breakdown.
Should the market lose the daily support level at $0.20, the next significant area to watch for potential downward movement is around $0.18. Breaking below this level could signal a shift in market sentiment, potentially leading to further selling pressure.
Considering Plancton's rules, which may include the analysis of chart patterns, support and resistance levels, and market dynamics, a new short position could be considered if the price breaks below the pennant formation or if the daily support at $0.20 is violated.
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Follow the Shrimp 🦐
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 🦐
WOOUSD 🕯️ Touching Support Area from Rising Channel Pattern We've got 2 things that could happen:
It either breaks downward the rising channel it has been trading for a very long time and this means bears would take control so in that case:
Bearish target would be: 0.15 - 0.17 area
It resumes the uptrend and bounces off this support area as it has been doing for the past months and since NOV '22 actually. So it's been a very long and consistent pattern that has been playing out. I'd be cautious to go against it until a very good confirmation is in place.
Bullish Target : 0.26 - 0.30 area
Happy trading and I'll keep updating as I see points of interest.
Regards,
🕯️ Kina 🕯️
WOOUSDT likely to head up to weekly resistance 0.26-0.27The price is trading between weekly support zone WS1 and weekly resistance zone WR1. I believe it is likely that the price will continue its upward journey towards weekly resistance WR1. Once it hits the resistance WR1, the price will be pushed back down. We will check what are the relevant lower time frame supports on the way down once it hits that resistance area.
WOO/USDT LONG SCALP SETUP! LOW RISK, HIGH REWARD SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this WOO/USDT trade setup.
WOO looks good here. Breaks out from the cup and handle pattern in 2hr time frame and currently retesting the neckline. Long some here and add more in dip.
Target1:- $0.238
Target2:- $0.246
Target3:- $0.253
Target4:- $0.260
SL:- $0.224
Lev:- 5x-10x
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Thank You!