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WOO / TetherUS PERPETUAL CONTRACT

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RLinda ! WOOUSDT-> Breaking the downtrend. What's next?WOOUSDT. There is an interesting situation on the chart. It is worth paying attention to such things as: a false breakdown of support at 0.1507, resistance of the global downward channel and crossing the trend lines MA 50 and 200, which at the moment already play the role of support. We see the price breaking through the levels and trading in the long zone of the relative important zones at the moment. The price has entered the range of 0.1788 - 0.1507 and is forming a local upward momentum. I assume that the growth of the price may continue if the price can resist above these levels and does not fall down. The short-term target is the resistance range of 0.1788. and the medium-term target is the liquidity zone of 0.2226 Regards R.Linda!
Long
by RLinda
7
WOOUSDT Analysis (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.32 - 0.38 - 0.45 after first target reached move ur stop to breakeven Stop: ~0.15 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive