WOO - not ready for move up yetWOO broke support range and there is no signal for reversal yet. We are oversold, but have no bullish divergence forming. We might get some local bounce up but I believe we still need to hit fibb 1.618 extension and from there we can start forming bigger move which will test the range we lost, form
Key stats
Trading activity
Transactions 210
BuysSells
88122
Volume 93.5 KUSD
Buys volumeSells volume
30.04 K63.46 K
Traders 30
BuyersSellers
1218
About WOOWETH_AD06A8.USD
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Woo, looking good.Not too much to add here. The break out occured from the Wyckoff box and is currently holding.
Looking back at the price action WOO likes to make big moves and then give most of it back only to push up higher.. that has been the trend thus far. I have no reason other than BTC pulling back hard tha
WOO, what the chart is showing.This pattern and chart look very promising to me. As I work this chart idea WOO is breaking out on the 1day chart. If this can close and hold I am confident in this analysis.
WOO is riding on top of all the SMA's and that is good.
The up target will be in the golden pocket so that is great news.
WOOUSD: Approaching the top of the Channel Up.WOO Network is overbought on the 1D technical outlook (RSI = 76.798, MACD = 0.020, ADX = 44.031) as it is almost at the top of the 17 month Channel Up. At least for the short term, this is an excellent level to short and target the HL trendline (TP = 0.25000). The previous two top rejections have hi
✴️ WOO Network Name Your Altcoin Chart AnalysisThis is an easy one and a very strong chart at the same time.
Last year WOOUSD produced a double bottom, June & November 2022 hit the same low at 0.10.
In 2023 we have a similar pattern with the last two corrections, March & June both produced a Doji to close the session.
This Doji is a reversal
WOOUSD on a strong long term riseWOOUSD is trading inside a Channel Up since the November 22nd 2022 bottom.
The price is right now under the MA50 (1d), which technically indicates a bearish momentum.
Trading Plan:
1. Buy if the price closes a (1d) candle over the MA50 (1d).
2. Buy if it hits the MA200 (1d) first near the bottom of
WOOUSD On a Channel Up targeting 0.5300 long-term.WOO Network (WOOUSD) is on a 4 straight day rise since holding the 1D MA50 (blue trend-line), maintaining the bullish trend within the long-term Channel Up pattern. The 1D MA200 (orange trend-line) is now exactly on the Channel's bottom, having supported the price on March 10, kickstarting the curre
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Exchange Based Tokens: Follow the leader
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