WOO/USDT possible breakout to happen!!Hey Hey👋
Keeping it short here - WOO with a potential breakout to happen here might see a crossover of EMAs before the actual breakout. Wait for additional confirmations here (Crossover and the price to secure above that resistance)
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WOOUSDT.PS trade ideas
WOO Network (WOO) formed bullish BAT for upto 16% pumpHi dear friends, hope you are well and welcome to the new update on WOO Network (WOO) with US Dollar pair.
Previously we caught a nice trade of WOO as below:
Now on a 4-hr time frame, WOO has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
WOOSalaam
WOO moves in a symmetrical triangle.
Personally think will get a break to the upside but it's just a guess.
In 4h, WOO is located in a falling wedge that coincides with the triangle's lower line.
Waiting to break to the upside to enter is a good idea.
For better confirmation, wait for 4h, and the daily candle close outside the triangle.
The projected target on both sides is shown in the chart.
Good luck
WOOUSDT is testing the supportOn the daily timeframe, the price recently encountered resistance at 0.24$, which is a key resistance level for the market. On the 4-hour timeframe, the price action formed a rising wedge pattern, but it experienced a false breakout from the resistance level, indicating potential weakness in the market.
A rising wedge is a bearish chart pattern characterized by a narrowing price range between two converging trendlines, with the upper trendline being steeper than the lower one. A false breakout occurs when the price breaks above the upper trendline but fails to maintain the upward momentum and drops back into the wedge pattern.
If the price fails to hold the key support level at 0.21$, this could trigger a new bearish impulse, potentially leading to a drop towards the dynamic support level around 0.2-0.19$, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
WOOUSDT Short/LongWOOUSDT is ready to test his FAV .19 resistance, which turned support for a long time...
WOOUSDT will test again and with good volume if it breaks, we can see a WOOping upside till .26 till .28 ...
Bullish RSI with GOOD Volume and Good Pattern...
Never a financial Advi
Plz Do research in this volatile market...
Thank You...
WOOUSDT IdeaAfter creating:
1. The 50-SMA crossed the 100-SMA
2. The price reached the 50-SMA and returned
A strong and rapid potential for upward movement is created.
Wait for the right time to enter a long trade.
we can call it The Setup
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
WOO CAN DROP AGAINHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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