WOO Network (WOO)It seems that the price should suffer a little here for the RSI to break the trend line.
WOOUSDT.3L trade ideas
WOO Network: Ended in a double topI previously wrote that WOO Network had great potential to 10x after breaking out of its primary wave 4 triangle. Unfortunately, it didn't pan out the way I thought. I still made great gains by buying it at $0.95 and selling at $1.35. Now it has broken the long-term trend so it doesn't look that good anymore...
WOOusdtA short trade to rebound from the moving average with goals of 20%. Whether it will go higher or not is a big question, since the whole movement looks complete, since after the triangle it looks very similar to the fifth one that has already been formed. We are waiting for a decline down to 0.35 - to support.
There are chances to go up further. The 5th wave may be much larger, but this can be considered at a price above 1.35 - a non-core scenario
🆓WOO Network (WOO) Nov-26 #WOO $WOO
WOO is correcting strongly from 1.8$ zone and we can accumulate it at 0.8$ and 0.75 zone for targets of 1$, 1.2$ and 1.5$ target in December. But if it loses 0.75 zone then we will wait to buy it back at 0.55$
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.75$ zone
🔴Buy : 0.8 - 0.75
🔴Sell : 1 - 1.2 - 1.5
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.75$ zone
🔵Sell : 0.75
🔵Buy : 0.55
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
WOONot gonna go into many fundamental details, dyor.
Exchange Token
Technical Details -
1 Daily 21/25 EMA
Lower Ascending Channel Touch
Break and Retest
4H 99/200 SMA Touch
Thats it, and thats all.
Vibes r right.
Woo Resistance Has Turned Into SupportWoo is clearly turned previous resistance into support and bounce. We will continue to all time high.
Woo getting readyWoo looks bullish the last couple of months.
I see the potential move towards the $2 - $2.20 zone
✅WOOUSDT - Bigger handle hit our TP2BYBIT:WOOUSDT
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Congrats for you guys who following the trading plan as below.
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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.
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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.
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Moreover, I set a new SL $1.6943 to protect your unrealized profit.
Have a good day!.
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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!
$Woo is going to hit 3 and there's nothing you can do about it.#Woo is in price discovery. Targets on my chart for mid-long range are 3.6 and 5.8
My entry at 0.7
#woo #altcoin #wootrade #woonetwork #crypto
WOOUSDT - Entry timing of Cup and HandleBYBIT:WOOUSDT
1H trend chart
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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.
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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!
$WOO to the MOON. Price target = $2.3Expect $WOO go through ATH and reach 1.6 and later $2.3, what is 1.618 level. And later it can break above it, but let's see golden Fibbonaci ratio firts.
WOOUSDT targeting 2.50 on this breakout...A simple measured move objective gives us 2.50 as a target for this breakout. Above that is pure price discovery.
We are still waiting for a weekly close to confirm this breakout but looking good right now.
I mean, as long as $BTC doesn't crap on us, we are looking good for now...
WOO has been a breakout traders dream lately...Been giving great signals! I did not trade these breakouts (I buy dips for my HODL bag) but a good thing to remember next time it goes into consolidation...
Always watch the daily close and set your SLs at logical levels (e.g., below previous HL/range lows, etc.) w/ proper position sizing.
Can Wootrade hit ATH soon? $WOO$WOOUSDT might hit a new ATH soon, looking promising! #BTC #WOO #Crypto
#WOO Wootrade is preparing for a huge move!Here is the optimistic scenario for Wootrade for the long period! $WOO #WOO Good Luck!
Long WOOUSDTLong WOOUSDT
After consolidating of roughly 18 days, i expect a breakout of this zone of 1.35. Aiming for previous ATH of 1.64
First target 1.54 zone
Invalidation day close below 1.16
WOO WOO!As you can see on the chart, WOO price recently broke out and we just completed a retest of the former resistance, which has now been flipped to support.
Buckle up and enjoy the ride.
This is about to get really fun.
WOO, three upswings without breaking resistanceThe following content is machine translation:
WOO, three times ascending the test did not break 1.4
It can be seen in the figure that 1.4 has a great pressure level, and it has not broken three times.
It has been at the top for 20 days and started to oscillate within a narrow range, and is about to choose a direction.
Breakthrough can be chasing more, and then you can choose short-term if there is no breakthrough.
Long WOO. Now. Breaking ATH -> maybe a small pushback to the new support -> price discovery ?!
Eyes on the BTC pairing.
WOOW)Hi traders!
One of my followers asked me about my vision on WOOUSDT
Here it is:
-Wave 1 is copmpleted
-Wave 2 is copmpleted in a shape of triangle and it ended on 61,8 Fibo
So on my opinion 3d wave is developing now
Targets are on the Fib levels - 2-3-4,5$
Trade safe 😎
Head and shoulders developing or ATH soon?I'm seeing bearish on the short term despite the bull market - watching for a right shoulder to develop. I'm not comfortable shorting a bullish market so will watch for reversals at the previous weekly high and the weekly open to enter a long. They also line up with the .5 and .618 fib retracement on the daily impulse. Good luck to all, NFA lol
