Woo Network Breaks Local Downtrend, Enters Bullish Territory

22 Feb

Good day my fellow Cryptocurrency trader, I am hoping you are having a wonderful week so far.

We have another nice, simple and beautiful chart right here... And we are looking at right now!

The left side of the chart today we are calling the "local downtrend."
We can easily see this depicted with black lines.

➖As WOOBTC moved to break this descending channel pattern, it turned bullish and this is confirmed by really high volume during the breakout and a higher low and bounce off the descending channel upper-boundary.

That's the analysis in one line.

The next jump can easily produce 100% of growth and this wouldn't be the end.
After another correction/higher-low/retrace, we should see additional growth.

This is a short-term move we are mapping with the intention of showing the opportunity and the signals, for learning and fun.

Thank you for reading.

Namaste.