KinaStar

WOOUSD ๐Ÿ•ฏ๏ธ Touching Support Area from Rising Channel Pattern

KinaStar ืžืขื•ื“ื›ืŸ   
BINANCE:WOOUSDT   WOO / TetherUS
We've got 2 things that could happen:
  1. It either breaks downward the rising channel it has been trading for a very long time and this means bears would take control so in that case:
    Bearish target would be: 0.15 - 0.17 area

  2. It resumes the uptrend and bounces off this support area as it has been doing for the past months and since NOV '22 actually. So it's been a very long and consistent pattern that has been playing out. I'd be cautious to go against it until a very good confirmation is in place.

    Bullish Target: 0.26 - 0.30 area

Happy trading and I'll keep updating as I see points of interest.
Regards,

๐Ÿ•ฏ๏ธ Kina ๐Ÿ•ฏ๏ธ
ื”ืขืจื”:
Confirm current support holds !
ืขืกืงื” ืกื’ื•ืจื”: ื”ื™ืขื“ ื”ื•ืฉื’:
Bearish target complete: 0.15 - 0.17 area
Success !

ื›ืชื‘ ื•ื™ืชื•ืจ

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