Directional move coming? - #TradingOutlook Powered by KTG

Directional move coming? - #TradingOutlook Powered by KTG

With BTC’s price becoming more compressed, will we finally get a directional move? BTC entered last week with signs of strength and hope for the bulls, on the back of rejection from the downside on Friday, a weekly close above lower band of $26,500 - $31,050 range and an early rotation to the upside on Monday. Later in the day, the momentum started to wane instead of building. BTC got to its first challenge at $27,700 but was too weak on the approach and started backing off. Tuesday was a re
May 23, 2023
WOO X and WunderTrading integrate for superior copy-trade, optimum price execution

WOO X and WunderTrading integrate for superior copy-trade, optimum price execution

The integration will allow WunderTrading users to trade a wide range of cryptocurrencies directly from the WunderTrading platform, leveraging WOO X’s powerful trading tools, deep liquidity, and zero-fee trading. Experienced traders can now enjoy superior copy-trading and optimum price execution with the successful integration of WOO X and WunderTrading, a trading software that allows users to automate advanced crypto strategies and benefit from its spread trading terminal. “We are excited to i
Apr 26, 2023
Can Bitcoin sustain its breakout? #TradingOutlook - Powered by KTG

Can Bitcoin sustain its breakout? #TradingOutlook - Powered by KTG

After 3 weeks of consolidation on BTC, we finally had a breakout last Monday with a subsequent up-move. It was the most directional day last week with many traders getting caught off-guard after a slow trading period, which led to a short squeeze. This happened without any major data or news, but rather due to the positioning before CPI on Wednesday. The move continued on Tuesday but instead of further acceleration, the market started losing momentum. Weaker CPI on Wednesday caused only a sh
Apr 18, 2023
Rest week ensues #TradingOutlook - Powered by KTG

Rest week ensues #TradingOutlook - Powered by KTG

A rest week ensues after a strong rally last week, with BTC trading in the range and buyers losing steam. Are there obvious opportunities that traders are missing? We entered last week with buyers still having the upper hand. They were pressing the market up with retracements to higher and higher levels being bought, hence posting higher lows. However, they were not able to push the market decisively upwards as buying pressure around highs was easily absorbed by sellers. The market was gettin
Mar 28, 2023
Alpha Circle solves information asymmetry in crypto trading

Alpha Circle solves information asymmetry in crypto trading

In a bid to provide relevant market information and insights to crypto traders leading to high trading confidence and performance, WOO Network has commissioned Alpha Circle, an independent Twitter handle managed by market analysts who will decrypt cutting-edge trading alpha and give clarity to complex market trends. “The trading community lacks a dedicated avenue to create and share relevant pieces of information and analyses to allow traders to maximize their trades. Our mission for Alpha Circ
Mar 27, 2023
In the wake of SVB’s downfall #TradingOutlook - Powered by KTG

In the wake of SVB’s downfall #TradingOutlook - Powered by KTG

An important week lies ahead following the aftermath of SVB’s downfall. What should traders bear in mind? It was a busy and eventful week. We started with weakness on BTC, which saw further acceleration in downward pressure. Any attempts to push the market higher were absorbed by sellers and they were even much shallower than in the previous week. The market was pressed down with sellers coming to the market lower and lower, meaning bulls were becoming weaker and sellers stronger. Powell’s h
Mar 14, 2023
Sideways movement ahead #TradingOutlook - Powered by KTG

Sideways movement ahead #TradingOutlook - Powered by KTG

The market continues its sideways movement this week after a spike down last Friday. What are the next major levels to look out for? The weakness, which started with BTC’s fake-out at $25,300 is still visible on the market. A week ago, buyers were trying to regain control and the market started to rotate to the upside. As noted in our last report, an acceleration towards the upside would’ve been needed to be long. However, BTC struggled with any smallest buying pressure being absorbed by selle
Mar 7, 2023
Is the correction almost over? #TradingOutlook - Powered by KTG

Is the correction almost over? #TradingOutlook - Powered by KTG

$BTC started last week trading sideways close to $25,200, the most important challenge in up-trend this year. Market was strong on Monday and early Tuesday was poised to attack that resistance. That’s exactly what happened. However, it didn’t unfold the way that you would expect from the market, which wants to go higher – instead of strength at new highs, sellers stepped in very aggressively, pushing the market lower. That’s when sentiment changed. Sellers pressed the market down for the next
Feb 28, 2023
Will the bulls stay in control of the market? #TradingOutlook - Powered by KTG

Will the bulls stay in control of the market? #TradingOutlook - Powered by KTG

Bitcoin entered last week trading in the $21,400 - $22,100 range after a long-awaited retracement posted on the previous Thursday. The question was whether it would retrace further or go back up with the prevailing uptrend. Monday and Tuesday gave us an early sign of the most probable move – that sign was market-resiliency to bearish news. Paxos was ordered to stop minting $BUSD but sell pressure was absorbed consistently throughout the day and the attempt to break down from the range failed.
Feb 21, 2023
Bears gain the upper hand #TradingOutlook - Powered by KTG

Bears gain the upper hand #TradingOutlook - Powered by KTG

The long-awaited crypto retracement finally happened last week. Are there any further downside risks ahead? After almost three weeks in consolidation following a strong up-move this year, BTC finally managed to break $22,300 and retrace part of the move. For the first two weeks of consolidation, bulls were still in control as they were able to push the market to new highs but they were losing strength as they couldn’t produce a follow-through with new highs being sold off. The bears finally s
Feb 14, 2023
Post-FOMC Sentiment #TradingOutlook - Powered by KTG

Post-FOMC Sentiment #TradingOutlook - Powered by KTG

Is a crypto market retracement finally in sight, or are we poised for further upside? BTC remains in consolidation. As expected, Fed raised rates by 25bps at the FOMC meeting on Wednesday. Though the statement was hawkish, the market didn’t want to go down, displaying a sign of strength. A softer tone during Powell’s Q&A pushed the market higher. Early on Thursday, BTC posted a new high but that strength was immediately sold off. Poor earnings from AAPL, GOOGL and AMZN subsequently put downwar
Feb 7, 2023
Expectations for FOMC & How BTC will trade: #TradingOutlook - Powered by KTG

Expectations for FOMC & How BTC will trade: #TradingOutlook - Powered by KTG

Not much has changed for BTC in recent weeks. After two legs of up-trend this year, we’ve stayed in consolidation. Sunday’s low at $22,300 worked as a strong support with any weakness towards that level being aggressively bought. BTC tried to break to the upside on Wednesday, but it wasn’t sustainable and was immediately sold off. Sunday’s attempt failed again. And thus, we are back in the range. The preference is on being long-biased and to use any intraday weakness as buying opportunities. H
Jan 31, 2023
WOO Network partners with KTG to maximize traders’ performance

WOO Network partners with KTG to maximize traders’ performance

WOO Network has partnered Kronos Trading Group (KTG), a proprietary trading firm with a team of 30 experienced traders specializing in the cryptoasset markets.
Jan 19, 2023
Bracket Orders: What, & How to Use Them

Bracket Orders: What, & How to Use Them

With the release of Product Sprint 6, we’re introducing a series of new features to improve our users’ trading experience on WOO X. In this article, we will focus on the introduction of Bracket Orders, available now to all users globally.
Nov 22, 2022
Introducing WOO DEX — a superior centralized trading experience, now decentralized

Introducing WOO DEX — a superior centralized trading experience, now decentralized

WOO Network is cloning WOO X on chain, forever changing the DeFi trading experience, powered by Orderly Network A game-changing DeFi trading experience WOO Network is committed to solving the fragmented and expensive liquidity crisis in the crypto space, democratizing access to affordable and deep liquidity with both its centralized and decentralized products. WOO Network is now very excited to announce the testnet launch of WOO DEX — a game-changing DEX built on NEAR that looks and feels li
Jun 9, 2022

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