woousdt.p shortHello, my friend, this is my opinion
And I share my view with you
This is not an offer to buy or sell, please write me your own account
WOOUSDT trade ideas
WOO/USDT Break Alert! Bullish Momentum for to Continue Upward💎 WOO has undeniably piqued our curiosity. Successfully breaking out of the primary descending channel pattern, WOO is now in its retesting phase. Observing its recent activity, WOO has shown bullish tendencies in the demand zone, suggesting it might be gearing up for further upward progression, potentially challenging the supply zone.
💎 Historically, WOO has frequently interacted with a robust support level, consistently preventing further declines. In its most recent interaction, WOO exhibited a notable bounce from this potent demand zone, culminating in its breakout from the descending channel.
💎 However, should WOO falter and not maintain its position above the demand zone, it might revert to the strong support level. A definitive bearish sign would be if WOO breaches this support and closes below it on the daily chart.
WOOUSDT - BullishWOOUSDT.P appears to be trading within a falling wedge pattern, and recently, it seems that the sellers may be getting exhausted as the pair has started to find support within the wedge. Additionally, the current price action is forming a bullish divergence, which suggests that buyers may be preparing for a significant upward move.
Will the bulls regain control and push the price higher?
WooWOO had a perfect level to long from Weekly FVG at 0.1462$
Unfortunately wasn’t checking on this coin, so I missed that good opportunity to long.
I expect bullish trend continuation on this coin. Also the reason is Bullish monthly close.
Levels I would book some profits are 0.2$ where the coin has W FVG and W 50 ema resistance; 0.22$ and 0.29$ (Lines 1 - 2)
If the coin comes back to 0.1644$ from the CURRENT level, in this case, the coin can come back to 0.1462$ price level to test it. And only closing below that level, will leave the coin lower to 0.1178$ (lines 3 - 4)
MY WOO DOUBLE PATTERN TRADEIn the past days, I posted an idea about BINANCE:WOOUSDT forming a potential double top pattern. Then, entered with the confirmation of a breakout on the first diagonal support line along with other confluences such as good selling volume and the RSCD (RSI and MACD).
Take profit areas:
1) Price touching the second and the longer diagonal support.
2) Price reaching the neckline support.
3) Price on the 0.5 fib area/ common support line.
4) Stop profit above neckline.
How to Use the TP/SL Split Target Feature on Binance Futures
www.binance.com
WOO: DOUBLE TOP PATTERNIn this technical analysis, the idea presented is the 4-hour chart of BINANCE:WOOUSDT , which appears as a bearish indication of a double top pattern. With that, I plotted two potential diagonal support lines to consider for a breakdown to materialize.
I have a bearish sentiment for WOO based on an unlocking happening this October 10 per defillama.com . What is unlocking? From a coin perspective, investors have the attempt to sell the unlocked tokens that they held for some time, which can decrease the price of the coin.
We're currently on a weekend, so we can't expect volume. I will continue to monitor this coin from time to time and provide updates as well in the comments.
On another note, consider checking my article about BTC CRUCIAL TRIANGLE as we could expect a massive move and could correlate with altcoins as well.
Always plan your trades by knowing your support and resistance along with take profit or stop-loss areas when entering a position. Happy trading!
WOOUSDT-IN BULLISH TRENDWOOUSDT is in a bullish trend and making a series of HHs and HLs, The price came up from a support zone and now starting to make bullish momentum, Let see how much bulls can take this price up, what you guys think about? let me know
WOOUSDT - Buy Setup!!WOOUSDT (1D Chart) Technical analysis
WOOUSDT (1D Chart) Currently trading at $0.18
Buy level: Above $0.177
Stop loss: Below $0.161
TP1: $0.187
TP2: $0.2
TP3: $0.23
TP4: $0.27
Max Leverage 2x
Always keep Stop loss
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wooI expect a movement correction at these prices, but for a better correction, higher lines can be considered
WOOUSDTThis is a 1D frame analysis for WOOUSDT Our first support zone has been able to support the price multiple times and move it upwards, and currently the price has managed to move back to the first resistance zone after bouncing off. We expect the price to move towards our first resistance line from this zone.
WOO long-term plan
I suppose that WOO has been forming an Accumulation schematic following Wyckoff method. According to my analysis, it'd take months for WOO to be in the range $0.1-$0.3.
Base on this plan with expected main events, I'll look for potential setups.
------------ Info about WOO -------------------
WOO Network is a system of Centralized Finance (CeFi) and Decentralized Finance (DeFi) services designed to provide greater liquidity for various players in the cryptocurrency market. It utilizes blockchain technology to enable traders, exchange platforms, institutions, and DeFi platforms to access greater market liquidity and execute transactions quickly at a reduced or zero cost.
WOO short - swing tradeShorted WOO (again) and looking for the same levels we have been playing lately. The pa has been decent and slow but WOO seems like it will most fast and nicely IF BTC fails to retain its current support levels.
The overall range levels have been respected so far and pa has been decent.
Looking to play with a tight stops as I will be having other big positions open for this week.
Entry 0.1681$
TP 0.1510$
SL 0.1750$ hard stops
IF we break and hold above 0.1725$ I will look to reduce my position.
Overall bearish plan remains the same for now until proven otherwise.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
WOO short - swing trade WOO has been pretty interesting and nice to trade despite our previous swing trade which did not go according to plan. Nevertheless, we are back and I have scalped it pretty decently.
But what is next.....
IF we get back into the range I will be looking to target 0.15$. Getting back into the range (red line) would confirm a deviation.
Trade would be the exact same as the one annotated to the left side of the chart. Bear in mind your RISK MANAGEMENT and do not be too overzealous. Overall pa looks bearish for now so let's see how it plays out once the market opens (NY time).
Entry after clean break below 0.1625$
TP 0.15$
SL above highs of day
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
WOO swing short - Ranges overview (day trade update) We got taken out on our previous WOO short idea and that is alright. RISK MANAGEMENT in risky aggressive trades is king.
As soon as we got taken out on the short trade, adapted to the market structure and scalped all the way to the top on the smaller time frame. Took a small short scalp back into our liquidity pool (yellow box)
Here is a quick overview of the ranges in which we are playing for the time being. The overall sentiment remains a bearish one within the current ranges.
From a general perspective pa should eventually go to the downside. Personally targeting the lower end of the range sitting around 0.12$
Clear invalidation above 0.1815$
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
WOO short - day trade WOO has given me a great long and short opportunity this week. Basically played the range.
Entered a short with a tight stop. IF we break above the yellow box I will cut the trade.
IF we get into the range I will be looking to target 0.15$.
--- added DXY underneath so you guys can see the confluence ---
Overall trade is an aggressive trade so be aware of your RISK MANAGEMENT and bear in mind the numbers coming out today (PPI, core retail sals, ECB press and US unemployment numbers)
Entry market
TP 0.15$
SL above current liquidity
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
WOOUSDT (Daily) - Bearish breakoutHi Traders
WOOUSDT (Daily Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.1415 support level. Only the upward break of 0.1862 would cancel the bearish scenario.
Trade details
Entry: 0.1415
Stop loss: 0.1862
Take profit 1: 0.1139
Take profit 2: 0.0847
Score: 8
Strategy: Bearish breakout
WOOUSD ❕ downward channelWOO is testing 50EMA as resistance (30m TF)
The asset is moving in a descending channel.
I think that the price will continue to decline.
WOO SHORT SETUP After hitting the fvg, bearish order flow has been well transferred to the candles.
Then after the bearish order flow was transferred, we saw a bearish CH.
A dynamic resistance has been formed above the price, which is the place of divorce between descending blocks. As the invalidation level is close, sell/short trades can be attractive.
The main and strong demand is Demand 2, where you should completely exit Sell/Short trades
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#WOO Rocket about to takeoff after Weeks of dipping!#WOO has been experiencing a downturn for a few weeks and is currently resting at a significant support level. Additionally, it has broken out of a long-term trendline and is now potentially anticipating a change in the trend direction.
WOOUSDTWOOUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle.
Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle.
If the breakout sustain to upside the optimum target could be 0.1800.
WOO Network (WOO) formed bullish Gartley for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new update on WOO Network (WOO) with US Dollar pair.
Previously we caught almost 70% pump of WOO as below:
Now on a 4-hr time frame, WOO has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
