Launch of the Woo Exchange is a matter of days away. Chart looks a little iffy though and a couple of levels on the LTF need to be flipped for me to feel better. Could certainly see the launch being priced in and a sell the news event occurring if these levels aren't flipped soon.
Ultimately though, Woo has a very nice concept behind it and if market remains bullish, any dip would certainly be a nice buy opportunity.
Ultimately though, Woo has a very nice concept behind it and if market remains bullish, any dip would certainly be a nice buy opportunity.
Note
Looks like a good level for rebound. If this fails then 0.6 would be next level of interest for me.Note
Nice bounce and looking like that previous resistance level before the drop is being flipped to support.Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.