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WOOUSDT

Woo Network Price OutlookWoo Network is a fast-growing blockchain platform that offers a quality trading platform. The network is known for its fast execution and significantly lower fees than other popular platforms. It offers hundreds of pairs to trade and deep liquidity. The Woo Network price has crawled back after its sharp decline during the weekend. WOO is trading at 0.66 USDT, which is about 35% above the lowest level on Saturday. It has a market capitalization of over $571 million, making it the 114th biggest cryptocurrency in the world. The 4-hour chart shows that the WOO price has been in a bearish trend in the past few months. The coin is trading at 0.66 USDT, which is about 31% above the lowest level during the weekend. It has moved slightly above the key resistance at 0.5985 USDT, which is the lowest level since December 21. The coin has moved slightly below the 25-day and 50-day moving averages. Its Relative Strength Index (RSI) has moved higher. Therefore, there is a likelihood that the WOO Network price will keep rising as bulls target the next key resistance to watch will be at 0.7400 USDT. on the flip side, a move below the support at 0.5200 will invalidate this view.
by thomasfullerofficial
2
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. Like and follow if you liked my idea!
Short
by DU09
✅WOOUSDT - Bigger handle hit our TP2BYBIT:WOOUSDT - Congrats for you guys who following the trading plan as below. - We did set a handle before, and it built a bigger one eventually. After the handle pattern completed, price start going up till our TP2. - As usual, do not forget to take profit at 2nd TP we set, you can hold the rest until TP3. Just take it anytime you satisfy. - Moreover, I set a new SL $1.6943 to protect your unrealized profit. Have a good day!. - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
3
WOOUSDT - Entry timing of Cup and HandleBYBIT:WOOUSDT 1H trend chart - WOO is forming a cup and handle pattern, and we are approaching to the end of handle. If price can break out the upper downtrend line, trading strategy as below. - Profit Targets: a) 1.6834~1.7032----Fib(1.272~1.382) b) 1.7458----Fib(1.618) c) 1.8146----Fib(2) Stop losses: a)1.5612-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
2
WOO Network: Triangle breakout & potential 10x bagger! (Part 2)I wrote earlier that WOO Network broke a giant triangle on its primary wave 4 and is currently riding an impulsive primary wave 5 to at least 10$ and even higher. We are currently going up on a secondary wave 3 of that primary wave 5 as shown on the chart. Do your due diligence but WOO Network is literally the Robinhood of cryptocurrency with its 0 fee scheme if you stake a certain amount of WOO tokens. The spreads are fairly tight as well so you are not getting screwed with the bid-ask spread because the company behind, Kronos, is doing a great job market making. I know because I was an early adopter and I now moved all my business from Binance to WOO Network. Also the coin tokenomics are deflationary, which makes this compelling for price appreciation.
Long
by quantmaven