woo usdt perp at support
Hello Fellow Traders
Greetings from team : Trading The Tides
yesterday we took a excellent trade shorting woo / usdt from the top resistance shown in chart.
today woo is back to the support zone but the price action today is slightly different , market came back down pretty good with too much acumulation at diferent leveles , now after touching the support I don't see a good bounce ,
BTC has also broke the support zone so I there is a posibility that woo will create new lows .
I already initiated long on woo with a minor sl and its currently in profits , for those who thinking to open long trades on woo just wait till it breaks 0.25860 with good volume then you can enter long .
I will also update in the comments
Greetings from team : Trading The Tides
yesterday we took a excellent trade shorting woo / usdt from the top resistance shown in chart.
today woo is back to the support zone but the price action today is slightly different , market came back down pretty good with too much acumulation at diferent leveles , now after touching the support I don't see a good bounce ,
BTC has also broke the support zone so I there is a posibility that woo will create new lows .
I already initiated long on woo with a minor sl and its currently in profits , for those who thinking to open long trades on woo just wait till it breaks 0.25860 with good volume then you can enter long .
I will also update in the comments
Trade active:
long active : entry point 0.2558
sl : 0.254
sl : 0.254
Trade closed: target reached:
ok guyz closing long here with almost 14% gain with 3 x lev , I will wait for the retest to upper limits then will enter short . day went well