WOO Network / Tether
Short
Updated

WOOUSDT is creating a head and shoulders

373
The 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.

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Keep in mind.

🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Note
The price created a huge head and shoulders on 4h timeframe and after the breakdown, we got a 7%.
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Note
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The price had a breakout from the neckline and retested as new resistance.
As I said, we could see a continuation to the downside until 0.7$
Note
Head and shoulders worked!
the price had a breakout triggered our strategies and we made more than 42%

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The price is creating a pennant below the daily resistance.
We could see a continuation if the price is going to have a new bearish breakout.
Amazing profit from our FREE CALL
Note
After the head and shoulders, the price created a pennant.
If the price is going to have another breakdown from the support, we could see another bearish impulse

42% since my free signal! 👍

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Note
The price is following my drawing, after a head and shoulders the price retested its neckline on 0.5 and had a bearish impulse where our students made more than 42%

The price created the pennant and had a breakout and retest the previous dynamic support as new resistance.

The market is testing the 0.5 as new support, If the price is going to have a breakdown we could see a new leg down.

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