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GreenCryptoTrades
Feb 5, 2024 9:40 PM

WOO/USDT - Will it bounce after consolidation❓ 

WOO / TetherUSBinance

Description

BINANCE:WOOUSDT had significant correction since the last pump which reached up to 0.52 price level. Since WOO has a decent correction, it is currently consolidating around the 0.337 area and getting good accumulation before the reversal.

We can expect the price to bounce back after the consolidation or go into further correction upto 0.24.
If the price bounces back then our entry is around 0.35 with SL at 0.31 and Targets are 0.37, 0.39, 0.42 and 0.47

If WOO continues the downtrend then we can enter a SHORT trade around 0.31 with SL at 0.34 with Targets around 0.29, 0.28, 0.26 and 0.24.

Cheers!
GreenCrypto

Trade active

Tp1 reached

Trade closed: target reached

TP5 Rached. Nice profits

Comment

All Targets Reached. You can still hold the position
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