Get started

Worldcoin

WorldCoin Tech Review Technical Overview: 1. General Market Sentiment (1D Chart Analysis): The overall market sentiment for WLD/USDT on the daily chart shows strong potential for upward movement, confirmed by both oscillators and moving averages. Here’s a breakdown: Oscillators (1D): The Momentum and MACD Level on the 1D chart are generating Buy signals, indicating short-term upward momentum. Other oscillators like the RSI and Stochastic are neutral, giving space for further upward price movement before reaching overbought conditions. Moving Averages (1D): Most short to medium-term moving averages (EMAs and SMAs) point to a Strong Buy signal. However, the long-term moving averages (100, 200) indicate a bearish outlook, suggesting potential resistance levels at higher prices. 2. Intraday Momentum (4H Chart Analysis): From the 4H chart provided, we see additional insights for more precise intraday movements: Price Action: The asset is currently testing the resistance zone near 1.99 USDT and seems poised to attempt a breakout. A noticeable trendline has been drawn from the previous lows, and the price has respected this trendline multiple times. The trendline suggests support at 1.72 USDT. If the price retraces, this level would be a strong buying opportunity for conservative traders. The 1.50-1.70 USDT zone is also reinforced by the volume profile, showing significant accumulation and historical buying support. A bounce from this zone would be expected if the price retraces here. Volume Profile: The visible range volume profile shows strong demand between 1.50 USDT and 1.72 USDT, with a breakout above 1.99 USDT possibly driving the price higher toward the 2.20-2.50 USDT range, where the next major resistance zone lies. RSI and Momentum (4H): The RSI on the 4H chart is trending upward but still below overbought levels, meaning there is more room for the asset to appreciate in the near term. MACD also shows a bullish crossover, further supporting the upward momentum. 3. Key Support and Resistance Zones: Support Levels: 1.72 USDT: A critical support level, coinciding with the trendline and previous price action. If the price retraces here, this could provide an excellent buying opportunity. 1.50-1.55 USDT: Strong demand zone with significant accumulation, marked by the volume profile. Any dip towards this area could also offer a favorable entry point. Resistance Levels: 2.00-2.05 USDT: Immediate resistance zone that needs to be broken for further upside potential. 2.20-2.50 USDT: This is the next major resistance level, likely to be tested if the price breaks above 2.00 USDT convincingly. Entry & Exit Strategy: Conservative Entry: Wait for a pullback to the trendline around 1.72 USDT and enter at this level if the price respects the trendline. This offers a low-risk, high-reward entry point. Set a stop loss slightly below the 1.70 USDT level to avoid deeper retracements. Aggressive Entry: Enter the trade on a breakout above 2.00 USDT, confirming with a close above this level. Set a buy stop at 2.05 USDT to capture the breakout. Place a stop loss below 1.90 USDT to minimize losses in case of a failed breakout. Profit Targets: The first target can be set around 2.20-2.25 USDT, as this will be a key resistance zone. A second target at 2.50 USDT can be considered if the bullish momentum continues, riding the upward trend. Risk Management: Keep risk exposure low, especially in volatile conditions. Risk only 1-2% of your capital on the trade, with position sizing adjusted accordingly based on your stop loss distance. Potential Scenarios and Trading Methods: Scenario 1: Breakout Above 2.00 USDT If the price breaks 2.00 USDT and holds above this level, expect upward momentum to continue toward 2.20-2.50 USDT. This will likely be accompanied by increasing volume, confirming the bullish momentum. Strategy: Aggressive entry with a focus on trailing stop losses as the price advances. Scenario 2: Pullback to 1.72 USDT Should the price retrace to 1.72 USDT, expect a bounce from the trendline and volume accumulation area. This would offer a solid risk-reward setup for a long trade. Strategy: Conservative entry with a stop loss below 1.70 USDT, targeting 2.00-2.20 USDT. Scenario 3: Sideways Consolidation If the price continues to hover between 1.80 USDT and 2.00 USDT without clear momentum, you might consider scalping or range trading opportunities. Strategy: Enter near the lower range of 1.80 USDT and exit near 2.00 USDT, capturing small but consistent profits. Final Thoughts: The overall setup for WLD/USDT looks promising, with clear bullish signals on the 1D chart and confirmation from the 4H chart that momentum is building. Watch for a confirmed breakout above 2.00 USDT or a retest of the 1.72 USDT trendline for optimal entry points. Proper risk management and a close eye on key levels will help in capturing potential gains while minimizing downside exposure.
Long
by TheMoneySpark
WORLDCOIN to $100! BUY before its TOO late!... JBPredictionsBUY AND HODL! -by spot- 6 reasons to buy WorldCoin now: 1. Technological innovation and privacy* Worldcoin uses advanced identity verification technology through biometrics, with a focus on anonymity and privacy, making it an attractive option for those who value security in transactions. 2. Global decentralization* Worldcoin's mission is to distribute its cryptocurrency to a large number of people around the world, which can make it more accessible compared to other cryptocurrencies. This has the potential to encourage mass adoption, especially in developing countries. 3. Access to an inclusive digital future* Worldcoin seeks to democratize access to the global digital economy, allowing anyone with Internet access to participate in the cryptocurrency ecosystem. This goal could increase the demand and value of the coin over time. 4. Early investment opportunity* As a relatively new cryptocurrency, those who purchase Worldcoin in its early stages can benefit from the potential growth in its value if it achieves mass adoption and establishes itself as a strong currency in the market. 5. Support and founding team* Worldcoin was co-founded by Sam Altman, former CEO of Y Combinator, one of the most prestigious accelerators in Silicon Valley. Their experience and connections can inspire confidence in the currency's future success. 6. Utility potential in decentralized applications (DApps)* Worldcoin could be used as a native currency for decentralized applications that leverage its identity system, increasing its utility and adoption. Take profits: $75, $100, $125. Use a proper risk management and dont put all your eggs in a pocket. JB.-
Long
by JBPip
WORLDCOIN to $5?WLD has the worst tokenomics right now and is programmed to slow rug 📉🩸. WLD currently has a daily unlock of 3.4 Million tokens ($4.75 million) and monthly unlock of 102 million tokens ($140 million). Worldcoin investors receive 1.3 million WLD daily and worldcoin team receive 1.8 million tokens daily 💩. That's a high sell pressure of $140 million monthly considering that MIL:WLD circulating marketcap is only $600 million. 👉 I think short-term pump and dumps should be expected more often on WLD to attract buyers for exit liquidity but for long-term price forecast.
by chase_ID
WORLDCOIN will breakout soon?WLD 1-day timeframe analysis (re-count) WLD is now -88% from its all time high and is very concerning, its C wave indeed overlap with Wave 2 of the previous impulsive wave, this overlap does not violate any Elliott Wave rules, as long as the wave counts and degrees are correctly applied. 𝐓𝐫𝐮𝐧𝐜𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐓𝐫𝐢𝐚𝐧𝐠𝐥𝐞 𝐏𝐚𝐭𝐭𝐞𝐫𝐧𝐬: (We are now forming a triangle again in the final impulsive wave of the correction) In the case of a triangle (ABCDE): 𝐖𝐚𝐯𝐞 𝐄 can be shorter, and this is sometimes loosely referred to as "truncated," though it's not a formal term within Elliott Wave theory. 𝐖𝐚𝐯𝐞 𝐄 does not necessarily have to reach the trendline drawn from the ends of Waves A and C. It can fall short, creating what might be perceived as a "truncated" appearance. The invalidation level is indicated in the chart below. If it materializes, the potential reversal zone could range from $1.34 to $1.19. Please note, this is for educational purposes only and should not be considered financial advice.
by chase_ID
WLDUSDT - Setting Up for the Next Bullish Move?Are the bulls back? With price rising by 89% in just 5 days. Let's now analyse the present retracement and our next Trade. Bullish Run: During our previous bullish run, we witnessed high volume entering the market, which resulted in an 89% price increase in just 5 days. Price Retracement: At this point, the price has retraced 34%, putting us in a fantastic purchasing position. Long Trade Setup: Watching for Bullish Momentum 1.) Volume Monitoring: Bullish Momentum: It is important to observe the volume carefully for indications of a resurgence of bullish momentum. Range Formation: To provide a strong base for the following move, some consolidation or a range would be good. 2.) Buying Zone: Entry Area: Exactly in line with important support levels, our buying zone is between $2.30 and $2.00. 3.) Target Levels: Yearly Level and Fibonacci Confluence: The Fibonacci 0.382 and the negative Fibonacci 0.234 coincide to the yearly level, which is our first target region for profit taking. Main Target: The Fibonacci 0.618 level, or roughly $4.70, continues to be the primary target for the long position. Here is the previous trading range where the price fluctuated for more than 56 days. Strategy: Executing the Long Trade Primary Entry: Enter a long trade within the buying zone of $2.30 to $2.00. Volume and Price Action: Monitor the volume and price action closely to confirm bullish momentum. Target Profits: Initial TP: Aim for the yearly level and Fibonacci confluence area as the first take profit zone. Main TP: Set the main take profit target at the Fibonacci 0.618 level around $4.70. Fibonacci remains one of my favourite tools for indicating where to buy and take profits, a simple yet powerful tool. What are your thoughts on this analysis? Are you ready to go long on WLD? Share your thoughts down below.
Long
by SiDec
Phemex Analysis #7: WLD Explodes! But Stay Rational PHEMEX:WLDUSDT.P has experienced a sharp price appreciation following the company's announcement of an extended token unlock schedule for early investors and team members. While such news typically catalyzes upward price movements, it's essential to approach these pump-driven rallies with a critical eye. Historically, price increases primarily driven by short-term enthusiasm and speculation have often exhibited limited sustainability. Unlike rallies grounded in substantial project advancements or fundamental improvements, pump-driven movements are more susceptible to rapid corrections. Given this context, a prudent trading strategy might involve securing profits near key resistance levels at $3.50 and $4.10. These levels represent significant psychological barriers and potential points of profit-taking for short-term traders. However, a contrary perspective could emerge if the asset encounters strong selling pressure at these resistance points. In such a scenario, a potential buying opportunity may arise closer to the support levels of $2.10 and $1.80. These levels could act as areas of demand and potential price reversal. It's crucial to emphasize that this analysis is based on current market conditions and historical trends. The cryptocurrency market is highly volatile, and unforeseen events can significantly impact price movements. As such, diligent risk management and a comprehensive trading plan are paramount. Note: We are excited to announce that our new PULSE 3.0 version has been released! Check it out! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
WLDUSDT Will This Breakout Hold or Collapse? Yello, Paradisers! Are you ready to see if #WLDUSDT's recent breakout will lead to a bullish rally or a sharp decline? 💎#WLD has successfully broken out of its descending resistance with a strong green candle, signaling potential bullish momentum. 💎However, the price hasn't retested yet, and there's a high probability it might pull back to the demand zone at $2.41 before continuing its upward move towards the key supply level at $3.693. A break above this level is crucial for further upward movement toward our target area. 💎But what if WLD fails to break through and faces a hard rejection? In that case, we might see the price fall back into a support-resistance range, leading to sideways movement. Worse still, if WLD breaks below the support line, it could be a bad sign, causing the price to revisit the strong support at $2.066. 💎The bounce at this strong demand area is crucial. If WLD fails to bounce and breaks this support, the bullish scenario will be invalidated, and the price will likely dip further. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest-probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise