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Woousd

WOOUSD: Approaching the top of the Channel Up.WOO Network is overbought on the 1D technical outlook (RSI = 76.798, MACD = 0.020, ADX = 44.031) as it is almost at the top of the 17 month Channel Up. At least for the short term, this is an excellent level to short and target the HL trendline (TP = 0.25000). The previous two top rejections have hit at lest the S1 level. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:WOOUSDShort
by InvestingScope
WOO SHORT SETUP After hitting the fvg, bearish order flow has been well transferred to the candles. Then after the bearish order flow was transferred, we saw a bearish CH. A dynamic resistance has been formed above the price, which is the place of divorce between descending blocks. As the invalidation level is close, sell/short trades can be attractive. The main and strong demand is Demand 2, where you should completely exit Sell/Short trades For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
1
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.
Short
by bullstraders7
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 🕯️
by KinaStar
WOOUSD on a strong long term riseWOOUSD is trading inside a Channel Up since the November 22nd 2022 bottom. The price is right now under the MA50 (1d), which technically indicates a bearish momentum. Trading Plan: 1. Buy if the price closes a (1d) candle over the MA50 (1d). 2. Buy if it hits the MA200 (1d) first near the bottom of the Channel Up. Targets: 1. and 2. The top of the Channel Up at 0.44000. Tips: 1. RSI (1d) is on a similar level where the bottoms of December 19th 2022 and March 9th 2023 were formed. This may be an indicator that we are at the new bottom or close to it. Please like, follow and comment!!
CRYPTO:WOOUSDLong
by TradingBrokersView
4
WOOUSD On a Channel Up targeting 0.5300 long-term.WOO Network (WOOUSD) is on a 4 straight day rise since holding the 1D MA50 (blue trend-line), maintaining the bullish trend within the long-term Channel Up pattern. The 1D MA200 (orange trend-line) is now exactly on the Channel's bottom, having supported the price on March 10, kickstarting the current bullish leg we're in. We are short-term bullish targeting 0.3800 (just below Resistance 1) as a new Higher High. On the long-term we are willing to buy only after a new pull-back and target 0.5300 (just below Resistance 2). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:WOOUSDLong
by TradingShot