Long

WOOUSD On a Channel Up targeting 0.5300 long-term.

WOO Network (WOOUSD) is on a 4 straight day rise since holding the 1D MA50 (blue trend-line), maintaining the bullish trend within the long-term Channel Up pattern. The 1D MA200 (orange trend-line) is now exactly on the Channel's bottom, having supported the price on March 10, kickstarting the current bullish leg we're in.

We are short-term bullish targeting 0.3800 (just below Resistance 1) as a new Higher High. On the long-term we are willing to buy only after a new pull-back and target 0.5300 (just below Resistance 2).

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