WOO Network Starts New Bullish Cycle (245% Short-Term)Good evening my fellow Cryptocurrency trader, are you looking for a trading opportunity? The Altcoins market is filled with those right now.
It is very early in this newly developing bullish cycle, but, as the days and weeks go by, things will change. Early is best.
➖ WOO Network (WOOBTC) produced the highest buy volume early August 2024. This is coupled by a strong reversal candle on the 5th and a nice ascending triangle.
Yesterday's full green session produced a strong break of a local resistance; this pair is now full green.
I am showing two targets mainly on this chart. These can be achieved within 1-2 months if all goes well. 140% easy and 245%.
I belief we are witnessing a trend-reversal, so we can expect higher highs and higher lows long-term.
Take this trade-idea as an entry reminder... Buy and hold is the strategy.
Once we are in the green, the market can take care of the rest.
Patience is key.
Thank you for reading.
Namaste.