Trade ideas
WOO long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the WOO symbol.
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 - Strong teamWOO Network Buys Back Shares and Tokens From Bankrupt Three Arrows Capital
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address.
Taiwan-based liquidity provider WOO Network has agreed to a deal with Teneo, the liquidator of bankrupt hedge fund Three Arrows Capital (3AC), to repurchase shares and tokens it sold in 2021.
According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021's Series A fundraise and repurchase 20 million WOO tokens, worth around $3.4 million at current prices. The tokens have been sent to a burn address or crypto wallet that cannot be accessed by anyone.
WOO raised $30 million in its Series A, although the amount of investment from Three Arrows Capital was undisclosed.
$WOO WOO 5 wave completed Cycle I$WOO WOO 5 wave completed Cycle I
Cycle II in progress in the form of a double (WXY) ABC correction to correct the cycle started in 2020.
Target does seem low, but if BTC is gunna makes its move down towards the mid 20s than these low (calculated) targets should hit.
Could be great to short em and then bag em downtown.
Targets for WOO shown at the blue lines as minimal targets (the extension reaches too deep on the chart, u can scroll down on chart to see), so Id say around the $0.03 - $0.05 area would be great area to target and then spread some buy orders out in case you get lucky.
If WOO is truly a bullish project, it should have no trouble returning to ATH & pushing higher from there. Could be worth the wait, esp if BTC makes its move lower, a 5c WOO back to ATH is an easy 35x ROI so you might wanna plug your buy orders in to try catch those lower targets.
NFA . DYOR.
Just sharing ideas. Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know.
Tips are always welcomed :)
Thank you for viewing, sharing and safe trading to you all!
WOO/USDT Break Alert! Bullish Momentum for to Continue Upward💎 WOO has undeniably piqued our curiosity. Successfully breaking out of the primary descending channel pattern, WOO is now in its retesting phase. Observing its recent activity, WOO has shown bullish tendencies in the demand zone, suggesting it might be gearing up for further upward progression, potentially challenging the supply zone.
💎 Historically, WOO has frequently interacted with a robust support level, consistently preventing further declines. In its most recent interaction, WOO exhibited a notable bounce from this potent demand zone, culminating in its breakout from the descending channel.
💎 However, should WOO falter and not maintain its position above the demand zone, it might revert to the strong support level. A definitive bearish sign would be if WOO breaches this support and closes below it on the daily chart.
WOOUSDT - BullishWOOUSDT.P appears to be trading within a falling wedge pattern, and recently, it seems that the sellers may be getting exhausted as the pair has started to find support within the wedge. Additionally, the current price action is forming a bullish divergence, which suggests that buyers may be preparing for a significant upward move.
Will the bulls regain control and push the price higher?
WooWOO had a perfect level to long from Weekly FVG at 0.1462$
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 - 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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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.






















