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WOO / TetherUS

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WOOUSDT trade ideas

$WOO WOO 5 wave completed Cycle I$WOO WOO 5 wave completed Cycle I Cycle II in progress in the form of a double (WXY) ABC correction to correct the cycle started in 2020. Target does seem low, but if BTC is gunna makes its move down towards the mid 20s than these low (calculated) targets should hit. Could be great to short em and then bag em downtown. Targets for WOO shown at the blue lines as minimal targets (the extension reaches too deep on the chart, u can scroll down on chart to see), so Id say around the $0.03 - $0.05 area would be great area to target and then spread some buy orders out in case you get lucky. If WOO is truly a bullish project, it should have no trouble returning to ATH & pushing higher from there. Could be worth the wait, esp if BTC makes its move lower, a 5c WOO back to ATH is an easy 35x ROI so you might wanna plug your buy orders in to try catch those lower targets. NFA . DYOR. Just sharing ideas. Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know. Tips are always welcomed :) Thank you for viewing, sharing and safe trading to you all!
by CryptoHolix
6
WOO/USDT Break Alert! Bullish Momentum for to Continue Upward💎 WOO has undeniably piqued our curiosity. Successfully breaking out of the primary descending channel pattern, WOO is now in its retesting phase. Observing its recent activity, WOO has shown bullish tendencies in the demand zone, suggesting it might be gearing up for further upward progression, potentially challenging the supply zone. 💎 Historically, WOO has frequently interacted with a robust support level, consistently preventing further declines. In its most recent interaction, WOO exhibited a notable bounce from this potent demand zone, culminating in its breakout from the descending channel. 💎 However, should WOO falter and not maintain its position above the demand zone, it might revert to the strong support level. A definitive bearish sign would be if WOO breaches this support and closes below it on the daily chart.
by MyCryptoParadise
WooWOO had a perfect level to long from Weekly FVG at 0.1462$ Unfortunately wasn’t checking on this coin, so I missed that good opportunity to long. I expect bullish trend continuation on this coin. Also the reason is Bullish monthly close. Levels I would book some profits are 0.2$ where the coin has W FVG and W 50 ema resistance; 0.22$ and 0.29$ (Lines 1 - 2) If the coin comes back to 0.1644$ from the CURRENT level, in this case, the coin can come back to 0.1462$ price level to test it. And only closing below that level, will leave the coin lower to 0.1178$ (lines 3 - 4)
Long
by vazitrades
MY WOO DOUBLE PATTERN TRADEIn the past days, I posted an idea about BINANCE:WOOUSDT forming a potential double top pattern. Then, entered with the confirmation of a breakout on the first diagonal support line along with other confluences such as good selling volume and the RSCD (RSI and MACD). Take profit areas: 1) Price touching the second and the longer diagonal support. 2) Price reaching the neckline support. 3) Price on the 0.5 fib area/ common support line. 4) Stop profit above neckline. How to Use the TP/SL Split Target Feature on Binance Futures www.binance.com
Short
by luigi360swirl
WOO: DOUBLE TOP PATTERNIn this technical analysis, the idea presented is the 4-hour chart of BINANCE:WOOUSDT , which appears as a bearish indication of a double top pattern. With that, I plotted two potential diagonal support lines to consider for a breakdown to materialize. I have a bearish sentiment for WOO based on an unlocking happening this October 10 per defillama.com . What is unlocking? From a coin perspective, investors have the attempt to sell the unlocked tokens that they held for some time, which can decrease the price of the coin. We're currently on a weekend, so we can't expect volume. I will continue to monitor this coin from time to time and provide updates as well in the comments. On another note, consider checking my article about BTC CRUCIAL TRIANGLE as we could expect a massive move and could correlate with altcoins as well. Always plan your trades by knowing your support and resistance along with take profit or stop-loss areas when entering a position. Happy trading!
Short
by luigi360swirl
WOO long-term plan I suppose that WOO has been forming an Accumulation schematic following Wyckoff method. According to my analysis, it'd take months for WOO to be in the range $0.1-$0.3. Base on this plan with expected main events, I'll look for potential setups. ------------ Info about WOO ------------------- WOO Network is a system of Centralized Finance (CeFi) and Decentralized Finance (DeFi) services designed to provide greater liquidity for various players in the cryptocurrency market. It utilizes blockchain technology to enable traders, exchange platforms, institutions, and DeFi platforms to access greater market liquidity and execute transactions quickly at a reduced or zero cost.
by evasivesteering
2
WOO short - swing tradeShorted WOO (again) and looking for the same levels we have been playing lately. The pa has been decent and slow but WOO seems like it will most fast and nicely IF BTC fails to retain its current support levels. The overall range levels have been respected so far and pa has been decent. Looking to play with a tight stops as I will be having other big positions open for this week. Entry 0.1681$ TP 0.1510$ SL 0.1750$ hard stops IF we break and hold above 0.1725$ I will look to reduce my position. Overall bearish plan remains the same for now until proven otherwise. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707
WOO short - swing trade WOO has been pretty interesting and nice to trade despite our previous swing trade which did not go according to plan. Nevertheless, we are back and I have scalped it pretty decently. But what is next..... IF we get back into the range I will be looking to target 0.15$. Getting back into the range (red line) would confirm a deviation. Trade would be the exact same as the one annotated to the left side of the chart. Bear in mind your RISK MANAGEMENT and do not be too overzealous. Overall pa looks bearish for now so let's see how it plays out once the market opens (NY time). Entry after clean break below 0.1625$ TP 0.15$ SL above highs of day Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707
WOO swing short - Ranges overview (day trade update) We got taken out on our previous WOO short idea and that is alright. RISK MANAGEMENT in risky aggressive trades is king. As soon as we got taken out on the short trade, adapted to the market structure and scalped all the way to the top on the smaller time frame. Took a small short scalp back into our liquidity pool (yellow box) Here is a quick overview of the ranges in which we are playing for the time being. The overall sentiment remains a bearish one within the current ranges. From a general perspective pa should eventually go to the downside. Personally targeting the lower end of the range sitting around 0.12$ Clear invalidation above 0.1815$ Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707
WOO short - day trade WOO has given me a great long and short opportunity this week. Basically played the range. Entered a short with a tight stop. IF we break above the yellow box I will cut the trade. IF we get into the range I will be looking to target 0.15$. --- added DXY underneath so you guys can see the confluence --- Overall trade is an aggressive trade so be aware of your RISK MANAGEMENT and bear in mind the numbers coming out today (PPI, core retail sals, ECB press and US unemployment numbers) Entry market TP 0.15$ SL above current liquidity Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Short
by Patrick2707