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WOO / TETHER Standard Futures

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WOOUSDT.PS trade ideas

WOO buy zoneDiagonal support is a clear area to take longs with short stops just below. Although if bitcoin nukes we could see the price wick below support. *WOO/USDt* We've the formation of a nice inverse head and shoulders on the longer time frame. Just waiting for the possible formation of the right shoulder and to stay above the support below (up trend intact). Taking longs at the support will minimise risk/reward. Looking for a breakout and retest. And to play this support line until invalidation. *WOO/BTC* Well above the ichimoku cloud on the 12 hour timeframe, and the presence of a strong up trend. Caution though to be had as the trend is close to invalidation with the lagging strand nearly meeting price action, and the diagonal support here easily invalidated. *Conclusion* For a decent trade here we would want to see some consolidation, and possible contact with the underside diagonal support. We would then want to see price action and the lagging strand above the ichimoku cloud on the 1 hour time frame for both the USDT and BTC pairing. At this point we can let the price run and test the overhead horizontal resistance. ++ Also looking to play the re-entry retest of the breakout, or to keep it simple, wait for this to happen.
Long
by t_trad_coach
1
WOOSalaam After a long time, I'm here to share with you my thoughts: WOO is located just below the descending channel. Today we have CPI numbers that are important for crypto. WOO is also located in the falling wedge that expects to break to the upside. In this case, we could see a 50% relief rally for WOO. RSI only breaks the MA to the upside and could do a retest. Remember in such important news, we usually see opposite moves from the market before true movements. You could check the result for CPI here: www.forexfactory.com Managing your risk is the most important item for keeping the account live and see growing! Good luck,
Long
by Mohsen_Abbassi
WOO - Someone is collecting a big positionReasons to take short ⭐️ BTC looks bearish ⭐️ Volume at top ⭐️ 6th touch ⭐️ Slowly squeezing to the level ⭐️ Increased volume at high ⭐️ 55 ATR ⭐️ Under VWAP Will enter when price squeezes to the leverl on 5m timeframe, the base will form and the strip will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
3