Good day my fellow Cryptocurrency trader, I am hoping you are having a wonderful week so far.
We have another nice, simple and beautiful chart right here... And we are looking at right now!
The left side of the chart today we are calling the "local downtrend."
We can easily see this depicted with black lines.
➖As WOOBTC moved to break this descending channel...
FWB:WOO BITFINEX:WOOBTC is looking promising at the weekly chart, I think the price is going to test the resistance soon, if we break through that upper one, then it could be a great sign for a clear up trend at least for $Woo. Good luck.
WOO/BTC looking good for grid trading right now!
It has been outperforming BTC last month and is entering a range:
Grid upper price: 0.00001 BTC
Grid lower price: 0.0000086 BTC
◳◱ A Resistance Breakout has been identified on the $WOO / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000868 | 0.00000951 | 0.00001081, and the major support zones can be found at 0.00000738 | 0.00000691 | 0.00000561. Consider entering at the current price...
#Woo $Woo token of @WooNetwork
WooBTC is looking great, if we break up that down trend, it would be a huge rally for $Woo. I feel optimistic regarding Woo's Future.
Good Luck
WOOBTC pair needs to hold current 0.618 Fib level in order to stay bullish
If we hold here - than it is a start of big impulsive move up.
That will result, most likely, in a total trend reversal and UPONLY after.
Recently we have made an analysis on WOO/USDT. Today, by looking at WOO/BTC we can also spot an uptrend. There is a very high probability that WOO will explode relatively soon.
