1-Hour Timeframe: The 1h chart has a pattern score of 43.30, which is below the neutral 50 midpoint, indicating a bearish lean. Three significant patterns were detected: one Channel and two Wedges. The analysis price is $0.01098, and the system has a valid bearish target of $0.01017, which is below the analysis price. The direction is down. The RSI on this timeframe is 20, which is deeply oversold, but the bearish pattern target suggests that selling pressure may persist.
4-Hour Timeframe: The 4h chart has a pattern score of 50, exactly at the neutral midpoint. Three significant Wedge patterns were detected. The analysis price is $0.01084, and the system has a valid bearish target of $0.00799, which is substantially lower. The direction is down. This is the most bearish target across all timeframes, projecting a decline of over 25% from the current price. The 4h RSI is 35, which is in oversold territory, but the pattern still favors the downside.
- Important nuances: Both the 1h and 4h timeframes present valid bearish targets, directly conflicting with the bullish signals from the lower timeframes. The 1h RSI is 20, which is oversold, but the pattern still points downward, suggesting the downtrend may have more room to run.
Social View
Published trader setups for WOO Network, including direction, levels and links to the original source.
Loading verified setups…