Trade ideas
✅WOOUSDT - Bigger handle hit our TP2BYBIT:WOOUSDT
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Congrats for you guys who following the trading plan as below.
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We did set a handle before, and it built a bigger one eventually.
After the handle pattern completed, price start going up till our TP2.
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As usual, do not forget to take profit at 2nd TP we set, you can hold the rest until TP3.
Just take it anytime you satisfy.
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Moreover, I set a new SL $1.6943 to protect your unrealized profit.
Have a good day!.
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WOOUSDT - Entry timing of Cup and HandleBYBIT:WOOUSDT
1H trend chart
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WOO is forming a cup and handle pattern, and we are approaching to the end of handle.
If price can break out the upper downtrend line, trading strategy as below.
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Profit Targets:
a) 1.6834~1.7032----Fib(1.272~1.382)
b) 1.7458----Fib(1.618)
c) 1.8146----Fib(2)
Stop losses:
a)1.5612-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
WOOUSDT targeting 2.50 on this breakout...A simple measured move objective gives us 2.50 as a target for this breakout. Above that is pure price discovery.
We are still waiting for a weekly close to confirm this breakout but looking good right now.
I mean, as long as $BTC doesn't crap on us, we are looking good for now...
WOO has been a breakout traders dream lately...Been giving great signals! I did not trade these breakouts (I buy dips for my HODL bag) but a good thing to remember next time it goes into consolidation...
Always watch the daily close and set your SLs at logical levels (e.g., below previous HL/range lows, etc.) w/ proper position sizing.
WOO, three upswings without breaking resistanceThe following content is machine translation:
WOO, three times ascending the test did not break 1.4
It can be seen in the figure that 1.4 has a great pressure level, and it has not broken three times.
It has been at the top for 20 days and started to oscillate within a narrow range, and is about to choose a direction.
Breakthrough can be chasing more, and then you can choose short-term if there is no breakthrough.
Head and shoulders developing or ATH soon?I'm seeing bearish on the short term despite the bull market - watching for a right shoulder to develop. I'm not comfortable shorting a bullish market so will watch for reversals at the previous weekly high and the weekly open to enter a long. They also line up with the .5 and .618 fib retracement on the daily impulse. Good luck to all, NFA lol
WOO Network: Triangle breakout & potential 10x bagger! (Part 2)I wrote earlier that WOO Network broke a giant triangle on its primary wave 4 and is currently riding an impulsive primary wave 5 to at least 10$ and even higher. We are currently going up on a secondary wave 3 of that primary wave 5 as shown on the chart. Do your due diligence but WOO Network is literally the Robinhood of cryptocurrency with its 0 fee scheme if you stake a certain amount of WOO tokens. The spreads are fairly tight as well so you are not getting screwed with the bid-ask spread because the company behind, Kronos, is doing a great job market making. I know because I was an early adopter and I now moved all my business from Binance to WOO Network. Also the coin tokenomics are deflationary, which makes this compelling for price appreciation.






















