WOO long-term plan

2023년 8월 5일

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.

2023년 8월 9일

노트

A H&S pattern formed. I expect a break-down of the neckline in some weeks.

2023년 8월 20일

노트

It seems that the neckline is about to be broken. I'm searching for a Short setup

2023년 8월 22일

노트

Short Set-up:

2023년 9월 22일

노트

The neckline of H&S pattern was broken and is retested. It's likely that this retest will be rejected. I'm still shorting WOO and wait for prices at $0.1 to accumulate it.