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WOOBTC

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
#WOO/USDT 3HOUR UPDATE BY CRYPTOSANDERS Welcome to this quick WOO/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for trade:-WOO/USDT symmetrical triangle pattern conforms and break the upper trend line and retest buy the green zone. Entry:-$0.20,$0.22 Traget:- 50% Stoploss:- $0.19 with laverage 5x to 10x Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
#WOO/USDT 1HOUR UPDATE BY CRYPTOSANDERS Hello community members welcome to WOO/USDT 1hr chart analysis by CRYPTOSANDERS I have tried my best to bring the best possible outcome to this chart. As we can see from the above-mentioned chart that WOO/USDT broke the triangle pattern and retested well. According to the current scenario, it can move up by almost 20% from the green zone which is also a support zone. So, here we can take a long position for some short-term profit gains. Entry:- $0.4757,$0.4863 Traget:- 20% Stoploss:- $0.4590 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
WOO/USD - BULLISH wedge formed! Pump time? 🚀WOO has formed a HUGE falling wedge which is a BULLISH formation. A break above this wedge in blue would catapult WOO much higher. Key resistance levels to watch are: 52 cents 68 cents 90 cents $1.2 Don't aim for the all-time high at $1.8, but an entry now has a good change to go towards $1 if WOO breaks the wedge. Buying here has a great risk/reward ratio for longs. After a 80% correction, WOO getting a nice rally is quite possible IMO. The bias will flip to FOMO bullish once price breaks above 52 cents and makes it support. Until then there is still some small chance price could revert down again, unlikely though. Indicators on daily timeframe are turning bullish and I think there is good momentum behind this token to move much higher, similar to the last rally in late 2021. Bias is bullish. Like and follow if you liked this idea!
Long
by duonine
1
WOO/USD - Buy Opportunity Approaching! Woo under $1! 😎Missed on Binance's BNB Coin or Kucoin's KCS Token? I present you WOO Network, the hottest & cheapest exchange to trade on with no fees for limit orders. Plus you can stake your WOO token on the exchange... Binance invested $12 millions in WOO Network... follow the money. WOO token seems to be a great long term hold as a juicy exchange token with promising potential. Now for the TA: WOO had a nice rally at the start of 2022, but now the trend has reversed and it seems WOO token will likely fall to a lower support level as indicated by the chart. On the daily timeframe both the MACD and RSI are falling and the OBV has been bearish for a while now. All this indicates that the support at $0.90 may not hold this corrective move and Woo is due to fall lower. If price breaks the key support level then probably WOO will fall back towards $0.60 which should provide a great buy opportunity. Ideally you want to DCA on the way down. I'd be surprised for WOO to fall lower than $0.65. Bias is bearish in the near term, so get your powder ready in case we drop to BUY and HODL some or stack it. Woo is a good long term hold. If we bounce here, then the top of the ascending channel will act as resistance. Like and follow if you liked my idea!
Short
by duonine