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WOO / TetherUS

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WOOUSDT trade ideas

WOO/USD - BULLISH wedge formed! Pump time? 🚀WOO has formed a HUGE falling wedge which is a BULLISH formation. A break above this wedge in blue would catapult WOO much higher. Key resistance levels to watch are: 52 cents 68 cents 90 cents $1.2 Don't aim for the all-time high at $1.8, but an entry now has a good change to go towards $1 if WOO breaks the wedge. Buying here has a great risk/reward ratio for longs. After a 80% correction, WOO getting a nice rally is quite possible IMO. The bias will flip to FOMO bullish once price breaks above 52 cents and makes it support. Until then there is still some small chance price could revert down again, unlikely though. Indicators on daily timeframe are turning bullish and I think there is good momentum behind this token to move much higher, similar to the last rally in late 2021. Bias is bullish. Like and follow if you liked this idea!
Long
by DU09
1
WOOUSDT is creating a head and shouldersThe price is creating a head and shoulders pattern on 4h timeframe and now the price is testing its neckline on the 0.786 Fibonacci level. If the price is going to lose the support (0.81$) we could see a more continuation to the downside until the 0.7$ Of course, it's not enough to have just a breakout, you need to follow your strategy, for that reason we are following Plancton's rules. –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
10
Woo Network Price OutlookWoo Network is a fast-growing blockchain platform that offers a quality trading platform. The network is known for its fast execution and significantly lower fees than other popular platforms. It offers hundreds of pairs to trade and deep liquidity. The Woo Network price has crawled back after its sharp decline during the weekend. WOO is trading at 0.66 USDT, which is about 35% above the lowest level on Saturday. It has a market capitalization of over $571 million, making it the 114th biggest cryptocurrency in the world. The 4-hour chart shows that the WOO price has been in a bearish trend in the past few months. The coin is trading at 0.66 USDT, which is about 31% above the lowest level during the weekend. It has moved slightly above the key resistance at 0.5985 USDT, which is the lowest level since December 21. The coin has moved slightly below the 25-day and 50-day moving averages. Its Relative Strength Index (RSI) has moved higher. Therefore, there is a likelihood that the WOO Network price will keep rising as bulls target the next key resistance to watch will be at 0.7400 USDT. on the flip side, a move below the support at 0.5200 will invalidate this view.
by thomasfullerofficial
2
WOO/USD - Buy Opportunity Approaching! Woo under $1! 😎Missed on Binance's BNB Coin or Kucoin's KCS Token? I present you WOO Network, the hottest & cheapest exchange to trade on with no fees for limit orders. Plus you can stake your WOO token on the exchange... Binance invested $12 millions in WOO Network... follow the money. WOO token seems to be a great long term hold as a juicy exchange token with promising potential. Now for the TA: WOO had a nice rally at the start of 2022, but now the trend has reversed and it seems WOO token will likely fall to a lower support level as indicated by the chart. On the daily timeframe both the MACD and RSI are falling and the OBV has been bearish for a while now. All this indicates that the support at $0.90 may not hold this corrective move and Woo is due to fall lower. If price breaks the key support level then probably WOO will fall back towards $0.60 which should provide a great buy opportunity. Ideally you want to DCA on the way down. I'd be surprised for WOO to fall lower than $0.65. Bias is bearish in the near term, so get your powder ready in case we drop to BUY and HODL some or stack it. Woo is a good long term hold. If we bounce here, then the top of the ascending channel will act as resistance. Like and follow if you liked my idea!
Short
by DU09
WOOUSDT is creating a descending channel 🦐WOOUSDT is creating a descending channel on the 4h timeframe and price is testing the 4h resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Long
by InkyGrip
6
$WOOFA: * Backed by Binance. Binance listing is soon IMO. * WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost. WOO Token is used in the network’s CeFi and DeFi products for staking and fee discounts. TA 4HR: * MA50 > MA100 > MA200 * Supertrend is long * Volume is rising * Bullish MACD * First target is on the chart. If it is listed on Binance, I expect $10 as the ultimate target.
Long
by TraderASY