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.
WOOUSDT
$WOO is ready to 🌙 $WOO brokeout and is ready to MOONNNN.
Stoploss will be right below support and look for 130% move coming in #woo
WOO launch comingLaunch of the Woo Exchange is a matter of days away. Chart looks a little iffy though and a couple of levels on the LTF need to be flipped for me to feel better. Could certainly see the launch being priced in and a sell the news event occurring if these levels aren't flipped soon.
Ultimately though, Woo has a very nice concept behind it and if market remains bullish, any dip would certainly be a nice buy opportunity.
Wootrade bullishSo Woo is definitely one of those projects I've been hearing a lot about and I finally started looking into. I'm def late to this one, as market cap is already around 450-500 million, but a good exchange token can easily go into the billions.
For this current move, I believe we have corrected and if we can finish clean 5 wave as I have marked and close in or above that blue box, I believe the correction is over and we continue upward.
There is also an ascending triangle forming for pattern traders.
Overall, a strong looking project with the right amount of hype + real project development it seems.
WOO has just formed a #head$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