BREAKING THE RESISTANCE WOULD ALWAYS SHOW THESE SIGNS!
#WOO FACES A STRONG RESISTANCE FILLED WITH HIGH SELL ORDERS: WHAT'S NEXT?
After increasing with a total of 48.07% from its monthly low bounce. WOO got to the point where more sellers have announced their selloffs. Thus, a potential correction to the weekly average or even close to its low is likely to happen. Albeit, a strong momentum of BTC after the corrections would cause the price to continue testing more resistances. Right now, this retest area is where we see a potential breakout to happen after the corrections are done.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
