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.
WOOBTC trade ideas
Woo Network Breaks Local Downtrend, Enters Bullish TerritoryGood day my fellow Cryptocurrency trader, I am hoping you are having a wonderful week so far.
We have another nice, simple and beautiful chart right here... And we are looking at right now!
The left side of the chart today we are calling the "local downtrend."
We can easily see this depicted with black lines.
➖As WOOBTC moved to break this descending channel pattern, it turned bullish and this is confirmed by really high volume during the breakout and a higher low and bounce off the descending channel upper-boundary.
That's the analysis in one line.
The next jump can easily produce 100% of growth and this wouldn't be the end.
After another correction/higher-low/retrace, we should see additional growth.
This is a short-term move we are mapping with the intention of showing the opportunity and the signals, for learning and fun.
Thank you for reading.
Namaste.
#WooBTC #Woo is looking promising at the weeklyFWB:WOO BITFINEX:WOOBTC is looking promising at the weekly chart, I think the price is going to test the resistance soon, if we break through that upper one, then it could be a great sign for a clear up trend at least for $Woo. Good luck.
$WooBTC looking promising!I believe that we are about to break through that resistance soon! FWB:WOO is having the potential to grow up!
WOO is getting interesting for grid tradingWOO/BTC looking good for grid trading right now!
It has been outperforming BTC last month and is entering a range:
Grid upper price: 0.00001 BTC
Grid lower price: 0.0000086 BTC
WOO/BTC - WOO Network: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $WOO / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000868 | 0.00000951 | 0.00001081, and the major support zones can be found at 0.00000738 | 0.00000691 | 0.00000561. Consider entering at the current price zone of 0.00000728 and targeting higher levels.
◰◲ General info :
▣ Name: WOO Network
▣ Rank: 113
▣ Exchanges: Binance, Huobipro, Hitbtc
▣ Category/Sector: Financial - Centralized Exchanges
▣ Overview: WOO Network is a company that offers both centralized and decentralized services. Its main product is WOO X, a zero fee crypto trading platform that also serves as a liquidity aggregator for digital assets. WOOFi is the DeFi arm of WOO Network and assists decentralized exchanges by providing liquidities on chain. WOO Network ambitions to become a major player in CeDefi (bridge between centralized and decentralized finance).
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000728 ₿
▣ 24HVol: 3.074 ₿
▣ 24H Chng: 3.556%
▣ 7-Days Chng: -2.20%
▣ 1-Month Chng: -13.31%
▣ 3-Months Chng: 77.50%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000868 | 0.00000951 | 0.00001081
◢ Support: 0.00000738 | 0.00000691 | 0.00000561
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -1.81
▣ Last 90D: 2.62
▣ Last 1-Y: -0.20
▣ Last 3-Y: 1.24
◲◰ Volatility :
▣ Last 30D: 1.16
▣ Last 90D: 1.11
▣ Last 1-Y: 1.18
▣ Last 3-Y: 2.17
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth WOOBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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$Woo is ready to breakout #Woo future!I am watching $Woo closely! I like it and I think it will do great in the future! Good Luck!
$Woo #Woo future!#Woo $Woo token of @WooNetwork
WooBTC is looking great, if we break up that down trend, it would be a huge rally for $Woo. I feel optimistic regarding Woo's Future.
Good Luck
Crucial area to hold for WOOBTC pairWOOBTC pair needs to hold current 0.618 Fib level in order to stay bullish
If we hold here - than it is a start of big impulsive move up.
That will result, most likely, in a total trend reversal and UPONLY after.
WOO/BTC is on FIRERecently we have made an analysis on WOO/USDT. Today, by looking at WOO/BTC we can also spot an uptrend. There is a very high probability that WOO will explode relatively soon.