WOOUSDT.P trade ideas
WOOUSDT: Bullish TrendWOOUSDT.P is forming bullish dervegance and also touch the trend line, so we wait for the break out of the entry point to confirm the bullish trend and take a new long entry.
WOOUSDT.PWOOUSDT.P is in bearish trend.
Potentially printing LH and LL.
Bearish divergence also form.
No sign of reversal here.
We didn,t wait for breakout we sell at CMP.
long $woolooking at a longterm BINANCE:WOOUSDT trade.
rr is great and an uptrend establishing after a long period of consolidation.
this could go on an epic run with reaching aths when alseason hits.
going to take profit on the way up...
$woo - longsame as inj and many other alts (have to look up which looking maybe even stronger)
bullish rectangle pattern might in play. waiting for a retest of the break out. then long
looking at btc to settle or going higher to around 50k.
WOOUSDT: BEARISH TREND (SHORT)WOOUSDT.P is in Bearish Trend, due to make a strong Bearish Divergence and triangle Pattern. and Could not Break the HH's. So we can wait for Break the triangle pattern to confirmation of the Bearish Trend.
WOO Analysis and key levelsWOO
widely recognized coin for this cycle.
here I put all important levels on chart
Will keep updating it🤝
I have my eyes on woo as wellFun only begin if it close above resistance on weekly, then 0.7 is inevitable.
$WOO #WooX Trading IdeaWOO X continues its rally. It formed a bull flag. There is a probability of seeing another rally to the upside.
WOO USDT BUY rangeEveryone expecting ETF , Watch and act , my Buy TRADE range WOO USDT
.3931
.3686
DyOR
WOO / WOOUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Woo long set upFWB:WOO pumped hard as you can see on the daily chart.
It was moving in a parallel channel until it broke out couple of days ago.
Resistance of the parallel channel turned into support, as you can see price hit 2.618 level and is retracing back down.
disclaimer:
My entry : 0.3520 c
Stop: 0.2788
WOO BOB with FVGWOO looking good on 15mins TF as it change character to the upside and left an unmitigated bullish OB below with FVG to make it a valid one
Wait for entry and long from there
Follow for more market update and trade setup
WOOUSDTBINANCE:WOOUSDT Long idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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Woolish not yet well i am a fan of Woo and their team the way they have managed to bring all the things together is awesome but i may be biased but still think that box is yet to filled i may miss the bottom entry but my gut says that it will fill any ways if it don't i don't run this market flip the orange level and stay ther for a week or two and then lets go woolish
bitcoin is bullish so that may be a push ahead for sure
WOOUSDTmy entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Buy WOO
My previous setup was not activated when WOO was very closed to buy area but had reversed and risen 40% (see link below).
It's been correcting since then and the second buy opportunity is now, in my opinion.
Because WOO is very volatile, the proposed setup is recommended for Spot buy:
Buy when WOO in the gray area.
TPs are blue lines
Invaliditation when 1D candle (or 4H depending on your style/risk management) close above the red line
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control
WOO/USDT The retesting is valid? Ready to continue Upward!!💎 WOO has recently shown a notable rebound from a key support area, which was previously a point of resistance. This bounce into the retesting phase could be an indicator that WOO is gearing up for a sustained upward movement, potentially aiming to reach new highs in the strong resistance zone.
💎 However, if WOO struggles to maintain its position upon revisiting this support area and instead breaks below it, it could be a concerning sign. Such a development might indicate a shift in WOO's trajectory towards a downward movement, with the Bullish OB area being the next significant lower stop.
💎 The Bullish OB zone, therefore, becomes a crucial area to watch. For WOO to preserve or regain its bullish momentum, it is essential for it to find strong support and rebound in this zone. A failure to do so and a subsequent drop below this area could exacerbate the bearish trend, potentially leading WOO towards more substantial levels of support.
📈 WOO: Analyzing the Megaphone Pattern 📉WOO finds itself within the expansive confines of a megaphone pattern, a distinctive structure that carries implications for future price movements. Recent market developments include a notable sweep in the supply zone, indicating robust selling pressure and triggering a pronounced short-term reaction. The unfolding scenario presents two plausible scenarios – a continuation of the bullish megaphone pattern or a retracement back into the established range.
📊 Key Observations:
🔗 Megaphone Pattern:
WOO's current price action aligns with the distinctive characteristics of a megaphone pattern, denoting increasing volatility and divergence between successive highs and lows.
💹 Supply Zone Sweep:
A recent sweep within the supply zone suggests heightened selling activity, underscoring the strength of sellers in the current market conditions.
📈 Technical Analysis:
📉 Short-Term Reaction:
The notable short-term reaction following the supply zone sweep indicates an immediate response to the prevailing selling pressure.
📉 Potential Scenarios:
🚀 Bullish Megaphone Continuation:
If the megaphone pattern holds true, WOO may proceed with a bullish continuation, extending its upward trajectory.
🔄 Retracement to Range:
Alternatively, the robustness of the current supply zone might result in a retracement back into the established range, at least in the short term.
📊 Strategic Considerations:
⚖ Balancing Risk:
Traders are advised to carefully balance the risk associated with the two potential scenarios, factoring in the dynamic nature of the megaphone pattern.
📝 Conclusion:
WOO's presence within the megaphone pattern, coupled with a recent supply zone sweep, introduces a juncture of significant market dynamics. Traders are attentive to the evolving situation, weighing the possibilities of a bullish continuation or a retracement to the established range.
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WOO/USDT Need to break for continue upward movement !!💎 WOO has undoubtedly made a significant impact on the market with its remarkable ascent. However, WOO is currently facing a challenging time trying to break through the supply area at $0.251 and is experiencing rejection at this level. If it fails to break through this supply area in the near future, there's a possibility that WOO may experience a decline and return to test the demand area around $0.202 to establish new upward momentum.
💎 Nevertheless, if WOO can successfully breach the supply area, it opens up the possibility for WOO to continue its upward movement, probability making it easier to reach our target in the supply area.
💎 In a bad scenario, if WOO retraces to the demand area at $0.202 and doesn't exhibit a rebound, this raises the potential for WOO to break below the demand level. In such a scenario, it's indicative of a bearish trend for WOO, and there's a likelihood that WOO may continue its descent, possibly returning to the strong support area.
