Quick post on WOO as this is one of the coins I am watching closely. Already in this at 0.06 and looking to buy more.
This coin is hard to read right now as we go into this broad trading range with relatively low volume.
But Something tells me we are about to see a leg up from these levels. I prefer to wait for a good buy signal (e.g. a very bullish candle instead of an indecision candle,etc.) but the context for a low is good at this level, I think.
No guarantees here as the low volume could kill this setup instantly...
Not trading advice.
Yorum
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Another breakout signal.
Yorum
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0.39 finally hit followed by a pullback. Waiting if 0.35 will hold. Break 0.39 and we might rally to test ATH shortly.
happy to see you are covering this - pretty deep committed here , only the volume on huobi concerns me a little , you would expect it to be higher - any toughts on it ?
thedailychartist
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@alexanderfeliers,
Low volume aside, the chart now (especially the daily chart) looks like it's ready to pump. But I try not to get too excited. :). First let's see if we break 0.35 and see if the market stays above it. That would be a show of strength for me. Next one would be that 0.39-0.40 level.