Woonetwork
WOOUSDT targeting 2.50 on this breakout...A simple measured move objective gives us 2.50 as a target for this breakout. Above that is pure price discovery.
We are still waiting for a weekly close to confirm this breakout but looking good right now.
I mean, as long as $BTC doesn't crap on us, we are looking good for now...
WOO has been a breakout traders dream lately...Been giving great signals! I did not trade these breakouts (I buy dips for my HODL bag) but a good thing to remember next time it goes into consolidation...
Always watch the daily close and set your SLs at logical levels (e.g., below previous HL/range lows, etc.) w/ proper position sizing.
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.
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.
$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