WOO/USD - WOO Lost CRITICAL Support! $0.44 Next. 🚨Unfortunately, WOO has lost the critical support at $0.50.
This means the next key support is at the previous bottom, $0.44.
But the current market is turning quite bearish with BTC back under $40k and ETH losing $3k...
So... PRAY that WOO stops at $0.44. If not... buy at 10 cents?
LOL.
Not looking pretty.
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WOOBTC
WOO/USD - Buy Opportunity Approaching! Woo under $1! 😎Missed on Binance's BNB Coin or Kucoin's KCS Token? I present you WOO Network, the hottest & cheapest exchange to trade on with no fees for limit orders. Plus you can stake your WOO token on the exchange...
Binance invested $12 millions in WOO Network... follow the money. WOO token seems to be a great long term hold as a juicy exchange token with promising potential.
Now for the TA:
WOO had a nice rally at the start of 2022, but now the trend has reversed and it seems WOO token will likely fall to a lower support level as indicated by the chart.
On the daily timeframe both the MACD and RSI are falling and the OBV has been bearish for a while now.
All this indicates that the support at $0.90 may not hold this corrective move and Woo is due to fall lower.
If price breaks the key support level then probably WOO will fall back towards $0.60 which should provide a great buy opportunity. Ideally you want to DCA on the way down.
I'd be surprised for WOO to fall lower than $0.65.
Bias is bearish in the near term, so get your powder ready in case we drop to BUY and HODL some or stack it. Woo is a good long term hold.
If we bounce here, then the top of the ascending channel will act as resistance.
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$WOO is ready to 🌙 $WOO brokeout and is ready to MOONNNN.
Stoploss will be right below support and look for 130% move coming in #woo