WOO Network (Uniswap: WOOUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
Elliott Wave Analysis
In Elliott Wave terms, WOO began a red wave one advance on July 20, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 15, 2021 and the red wave two (blue sub-waves a-b-c) correction ended on February 24 this year. If this wave count is correct, WOO should be heading next towards the November 15, 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com)
Funnymentals
WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost. Crypto Top Charts reviewed the project last month.
(Sources: https://woo.org/)
How Will WOO Network Trade?
WOO Network (Uniswap: WOOUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com)
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
WOO will takeout the November 15, 2021 peak
WOO will drop below the July 20, 2021 low
WOO will stay in a trading range between the July 21, 2021 low and the November 15, 2021 peak until April 24