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WOO / TetherUS

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WOOUSDT trade ideas

WOO SHORT SETUP After hitting the fvg, bearish order flow has been well transferred to the candles. Then after the bearish order flow was transferred, we saw a bearish CH. A dynamic resistance has been formed above the price, which is the place of divorce between descending blocks. As the invalidation level is close, sell/short trades can be attractive. The main and strong demand is Demand 2, where you should completely exit Sell/Short trades 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
Short
by behdark
1
WOOUSDT wants the breakout?Falling Wedge Formation : The price of WOOUSDT is currently trading within a falling wedge pattern on the 4-hour timeframe. A falling wedge is a technical chart pattern characterized by converging trendlines that slope downward. This pattern often indicates a potential reversal from a downtrend to an uptrend. Plancton's Rules Application: As per your analysis and Plancton's Rules, you're considering a new long position if the price successfully breaks out from the dynamic and static resistance levels. A long position involves buying the asset with the expectation that its price will rise, aligning with the anticipated bullish momentum indicated by the breakout attempt. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
2
✴️ WOO Network 145% Potential Mapped With Full AnalysisWhile this isn't the best looking chart in the short-term, WOO Network is actually pretty strong. Pause, join me and see what I see. WOOUSDT D (Daily) TF 13-Aug. was full red for WOO, 14-Aug. was full green; full recovery of the previous day and a close daily above EMA10. WOO Network hit a low in November 2022 together with Bitcoin and has been printing higher highs and higher lows since. While many Altcoins went on to hit new lows or lower lows in June and July, this isn't the case for this pair. Here we can see how the support levels each time end up being higher and higher and this is the giveaway signal, a clear declaration of strength. The first thing this tells us is that this pair is good for long-term hold. If it does not move lower when the time of correction comes, it means that it will hit new highs each time the time comes to move up. The bullish cross is already visible on the MACD with green histogram. ✔️ I am seeing 0.47 as the target for this wave (145%) with a short/easy/fast stop at 0.30 for 60%, for those who don't want to wait. We can say there are better charts but almost an entire year of higher lows? The initial wave earlier in 2023 went on for more than 240%, this one should also be good and 2024 massive. Namaste.
Long
by AlanSantana