Wootrade Network: Your Altcoin Choice (S5)The downtrend has been broken. When the downtrend is broken the bearish action ends. When the bearish action is over it is the start of the bullish cycle. Cycle implies long-term not only a bullish jump like we saw before. In late 2024, in late 2023 and so on, no! This time it will be different of c
WOO Buy/Long Setup (4H)The trigger line has been broken, we have a bullish CH, and a double bottom is also visible.
As long as the green zone holds, it can move toward the TPs. The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, pl
WOO Price Action Update – Major Breakout Incoming?Current Market Structure:
🔹 #WOO is trading in a perfect Accumulation Phase after a prolonged downtrend. Smart money seems to be accumulating, and a strong breakout could be on the horizon!
Bullish Confirmation:
🔹 A bullish divergence is forming on the 4-hour timeframe, signaling potential upside
#WOO/USDT#WOO
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1200
We have a downtrend on the RSI indicator
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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
Displays a symbol's price movements over previous years to identify recurring trends.