WLDUSDT
WLD about to go downI've read a lot about this super marketized crypto, I haven't touched it nor I plan to do it right now. Anyway charts looks at resistance and about to dump. This sweep over that OB was just to take some stops, bearish DIV in action as well.
Here at daily the rising wedge is pretty clear:
First stop should be the support I highlighted there.
Good luck (especially if you rushed into buying this thing), sometime you can make money buying viral altcoins but it's bet, you've to be good at picking the right one!
WLD looks bearish (4H TF)The WLD symbol has been bullish for several days. It has now reached a strong fresh resistance range. It seems to be forming a bearish triangle. It can fall while keeping the red area.To open a sell/short position, we must look for a confirmation or trigger.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
A short growth and then a fallThis digital currency is in a falling trend in one hour, but the possibility of a growth up to the limit of this trend is not far from expected.
Two important ranges of support and resistance for this currency have been identified in this analysis, according to which we can have a safe entry for this digital currency.
According to the explanations given in this video by means of technical analysis for this digital currency, we can determine the average entry for this currency.
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World Coin WLDUSDT Price Analysis (4h)BINANCE:WLDUSDT has formed an Ascending Triangle consolidation pattern, and while it typically signifies a bullish continuation, we should also consider the potential for a support line breakdown.
For a Bullish Breakout:
Targets are set at 1.816 - 2.064.
For a Bearish Breakdown:
Targets are set at 1.340 - 1.248.
Keep a close watch on the price action to gauge the pattern's direction. Happy trading! 📈📉
$WLD performing symmetrical triangleMIL:WLD performing symmetrical triangle Keep eye on it
What Is a Symmetrical Triangle Pattern? Definition and Trading
What is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Symmetrical Triangles Explained
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. The pattern is also known as a wedge chart pattern.
The price target for a breakout or breakdown from a symmetrical triangle is equal to the distance from the high and low of the earliest part of the pattern applied to the breakout price point. For example, a symmetrical triangle pattern might start at a low of $10 and move up to $15 before the price range narrows over time. A breakout from $12 would imply a price target of $17, or $15 – $10 = $5, then + $12 = $17.
The stop-loss for the symmetrical triangle pattern is often just below the breakout point. For example, if the aforementioned security breaks out from $12 on high volume, traders will often place a stop-loss just below $12.
Symmetrical triangles differ from ascending triangles and descending triangles in that the upper and lower trendlines are both sloping towards a center point. In contrast, ascending triangles have a horizontal upper trendline, predicting a potential breakout higher, and descending triangles have a horizontal lower trendline, predicting a potential breakdown lower. Symmetrical triangles are also similar to pennants and flags in some ways, but pennants have upward sloping trendlines rather than converging trendlines.
As with most forms of technical analysis, symmetrical triangle patterns work best in conjunction with other technical indicators and chart patterns. Traders often look for a high volume move as confirmation of a breakout and may use other technical indicators to determine how long the breakout might last. For example, the relative strength index (RSI) may be used to determine when a security has become overbought following a breakout.
Consolidation phase, wait a breakoutDaily Chart
World Coin is nearly support around 0.89 that is 0.5 FibRe
Chart 4H TF
BINANCE:WLDUSDT is in consolidation phase from 1.04 - 1.2
I wonder WLD will create Inverse Head Shoulders... wait and see
If World Coin breakdown below 0.97, it can down lower around 0.5 FibRe
Time will tell
WLD COIN PRICE ANALYSIS!! IS IT GOOD TIME TO BUY WLD COIN??Possible Trade Setup On MIL:WLD Coin Near Me !!
• Currently Trading Now on its all time low.
• Tommorow manipulation expected in markete... If its price drop b/w 0.85$-0.80$ then i will take trade on it using 5%-10% fund for instant gains.💎
Longterm holding trade is not recomamnded on this pair.
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WLD and another long position!As you can see the chart and the one-hour time frame:
1. We have reached the good area of the buy order block
2. The conflict of the price with the downward trend line has increased and it is more likely to be broken
3. We have price divergence and RSI indicator
4. The RSI indicator has approached the oversold zone
5. It is placed on a good support range
6. The average volume of transactions in the one-hour time frame is filled
All of the above can indicate a good position for a long position.
#personal opinion
Good luck and profitable
Which scenario will be happened? World Coin BINANCE:WLDUSDT has soared to resistance at 1.393 then pulling back to 1.135 now.
World Coin has the support by ascending trend line
Now, price is in consolidation phase and declined a few times 1.12
If WLD can break and close above 1.15, I expect WLD will go up higher. Otherwise, it closes below the trend line and down to the support at 1.09
Just wait and see what happen
Reversal Pattern | Opportunity for BuyingChart 4H TF
I found out Inverse Head Shoulders which is reversal pattern on World Coin's chart.
BINANCE:WLDUSDT has resistance/neckline around 1.37
This reversal will be done when price close above this level. Can trade on lower timeframes
Wait and see what happen
#WLDUSDT ANALYSISMIL:WLD pumped with a good volume after the breakout of the falling wedge. It also broke out of the Ichimoku cloud. It is currently facing horizontal resistance and retesting above the Ichimoku cloud.
A solid breakout of the horizontal resistance would confirm the continuation of the bullish move.
WLD/USDT Break out the Descending Channel, Bullish Momentum ???Yello Paradisers, listen up!
💎 WLD has successfully broken out of its descending channel and is currently in a retesting phase, setting the stage for further upward momentum.
💎 Previously, WLD broke through the demand zone, establishing a new lower low. However, it has managed to reclaim this area and is now showing signs of breaking the descending channel, backed by significant volume. This suggests a bullish outlook for WLD.
💎 While the first attempt at a bullish setup didn't pan out, there's renewed hope that WLD will recover and continue its upward trajectory.
💎 Be cautious, though: this bullish scenario would be invalidated if WLD breaks below the key Bullish Invalidation level and closes the day beneath it.
Keep your charts up-to-date and stay tuned for more crypto insights! 🌴
WLD/USDT Bullish Momentum ?? Worldcoin Today AnalysisYello Paradisers, Spotlight on WLD: A Shift from Bearish to Bullish Trend
💎 WLD has successfully regained its footing in the demand zone and is now challenging the resistance trendline of its descending channel.
💎 Additionally, WLD has broken past the 'Choch' area, which was a previous lower high, to establish a new higher high. The 'Choch' indicator often signals a trend reversal, making this a positive sign for WLD as it indicates a short-term shift from a bearish to a bullish trend.
💎 For entry points, you have two options. You can either wait for WLD to retest the demand zone to confirm its upward trajectory and set new higher highs, or you can enter the trade once WLD breaks out of the descending channel. The potential target for this bullish move could be the Bearish Order Block (Bearish OB) zone.
💎 This bullish outlook would be invalidated if WLD closes below the demand zone, as this would likely signal a continuation of lower lows.
WLDUSDTWLDUSDT, potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own risk; the above is merely my opinion.
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