🔥 WorldCoin Reversal: Big Short PotentialWLD saw an incredible run over the last few weeks, but sadly for the bulls it found strong resistance at 1.90$. Drawing a line from the August top towards the September top and copying/pasting this line at the September lows gives us a falling symmetrical channel.
For now, I'm looking for a move towards the 1$ level, potentially even lower, especially if yesterday's ETF launch was a buy the rumor - sell the news event.
Worldcoin
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!
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! 📈📉
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
🔥 Worldcoin Bullish Divergence: Is This The Bottom?WLD has seen a very long period of selling after it initially launched on Binance (as happens often with newly added tokens). However, it appears that this token might have bottomed for the time being.
I'm seeing strong bullish divergence on the daily RSI chart. The price made a lower-low, while the RSI made a higher-low, which often signals the start of a change in trend.
Still, this is a risky token and a risky entry. However, the potential gains are very high.
I'm looking at a longer-term target of 3 USD, potentially even higher next year.
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.
follow me for free sugnals & analysis
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
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.
Top Watch Alts💎 FLUX , HOP , SNX & WLDHi Traders, Investors and Speculators of Charts📈📉
I'm constantly on the lookout for projects with great potential. Microcaps often x10, x100 or even x1000 if you're lucky enough to catch them early AND take profits.
Today I'll share some projects I'm watching. You'll notice they all currently have great entry points, and are ideal for accumulating.
⭐ FLUX :
Flux is a blockchain-based platform that aims to provide decentralized computing services and blockchain-as-a-service solutions. It has its own operating system (FluxOS), wallet (Zelcore), and development program (FluxLabs).
FluxOS is a custom-built Linux operating system that is designed to be specifically optimized for running Flux nodes. It is lightweight and efficient, making it ideal for running on a variety of hardware platforms
Flux uses a native POW (proof-of-work) coin called FLUX to power its ecosystem. FLUX coin is mined via a proof-of-work (PoW) consensus mechanism and can be staked, bought, sold, and traded. Holding FLUX also enables you to run your own Flux Node on the network, meaning you can earn even more of the coin.
Flux is a very promising platform with a lot of potential. It is still under development, but it has already made significant progress. I believe that Flux has the potential to become a major player in the decentralized computing space.
⭐ HOP :
Hop is a multi-chain bridge that allows users to transfer assets between different Ethereum Layer 2 (L2) networks and Ethereum mainnet. It is a trustless bridge, which means that users do not need to trust any third party to keep their funds safe. Hop uses a novel approach to bridge liquidity between different networks, which allows for fast and cheap transfers.
Hop works by issuing a cross-chain Hop token that can be quickly and economically moved between L2s or claimed on layer-1 for its underlying asset. Automated Market Makers (AMMs) swap between each Hop bridge token and its corresponding Canonical Token on each rollup in order to dynamically price liquidity and incentivize the rebalancing of liquidity across the network.
Hop is a valuable tool for users who want to move their assets between different L2 networks or Ethereum mainnet. It is fast, cheap, and trustless, making it a great option for users who want to avoid the high fees and centralized nature of other bridges.
⭐ SNX :
Synthetix is a decentralized finance (DeFi) protocol that allows users to mint synthetic assets, which are tokens that track the price of an underlying asset. The underlying assets can be anything from fiat currencies to cryptocurrencies to commodities. Synthetix is built on the Ethereum blockchain and uses the Synthetix Network Token (SNX) as its native token.
To mint a synthetic asset, users must deposit SNX into a Synthetix smart contract. The amount of SNX deposited must be at least 750% of the value of the synthetic asset that is being minted. This is to ensure that there is always enough collateral to back the synthetic assets that are in circulation.
Once a synthetic asset is minted, it can be traded on the Synthetix decentralized exchange (DEX). The DEX is a permissionless exchange, which means that anyone can trade synthetic assets without having to go through a centralized exchange.
Synthetix is a powerful tool for traders who want to gain exposure to a wide variety of assets without having to actually own those assets. It is also a valuable tool for hedging against volatility in the cryptocurrency market.
⭐ WLD :
Worldcoin is a cryptocurrency project that aims to distribute free tokens to everyone in the world. The project is led by a team of scientists and engineers who believe that Worldcoin can help to create a more equitable and inclusive financial system. Worldcoin uses a novel approach to distributing tokens called the Orb. The Orb is a handheld device that uses eye scans to verify that users are real people. Once a user's identity has been verified, they are airdropped a small amount of Worldcoin tokens.
Worldcoin is a proof-of-stake cryptocurrency, which means that it is more energy-efficient than proof-of-work cryptocurrencies like Bitcoin. It has a total supply of 100 billion tokens and is currently in the process of conducting a pilot program in Kenya.
Worldcoin is still in its early stages of development, but it has the potential to be a major player in the cryptocurrency space. The project has a strong team with a proven track record, and it has the backing of a number of high-profile investors.
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Worldcoin WLDUSDT Price Analysis (4h)Hello, fellow traders and crypto enthusiasts!
🌐 Embarking on Worldcoin's Promising Journey:
Worldcoin has recently embarked on its dynamic price journey, and astute observers may spot intriguing patterns reminiscent of other coin and token listings. Drawing from past experiences, the initial price action often reveals a trend: a notable spike on listing day followed by a subsequent descent towards key Fibonacci levels such as 0.618, 0.500, and 0.382. These levels hold more than just numerical significance; they signify potential rebound zones and underscore buyer interest.
💡 Deciphering Early Signals:
While these observations spark curiosity, it's imperative to tread cautiously before making bold bullish claims. Today, our focus is directed towards Worldcoin, a project brimming with innovative potential that transcends mere market dynamics.
Let's delve into the intricate tapestry of Worldcoin, where groundbreaking concepts intertwine to reshape the landscape of identity, finance, and empowerment.
🔍 World ID and The Power of Verification:
Central to the Worldcoin narrative is the revolutionary World ID, a monumental leap forward in the realm of identity verification. This advanced mechanism combines privacy-preserving protocols with "Proof of Personhood," ensuring authenticity without compromising individual privacy. The gateway to this transformative journey is the World App, a versatile wallet app designed to facilitate seamless engagement.
🌐 Orbs and the Convergence of Identity:
Venture into the world of Worldcoin and encounter the Orb, a tangible instrument of change that verifies World IDs. Operated by a network of Orb Operators, this physical imaging device employs cutting-edge multispectral sensors to validate both humanness and uniqueness. The result is a comprehensive and secure identity verification process that respects privacy.
💰 Token Empowerment and Beyond:
Unlock the potential of Worldcoin's utility token, WLD, which carries dual significance - utility and governance. Beyond conventional applications, the WLD token could permeate diverse spheres, from fine-tuning trading strategies to signaling community approval for visionary initiatives. As a gateway to participation and influence, the WLD token epitomizes empowerment.
🚀 Bullish Divergence: A Signal to Watch:
Amidst the nascent trajectory of Worldcoin, the emergence of bullish divergence beckons attention. This compelling trading signal, nurtured by market anticipation, offers prospects of a potential rebound and a coveted breakout from resistance levels. It's a dynamic dance between protocol evolution and market sentiment, promising a vibrant future.
🎯 Targets, Governance, and Beyond:
Worldcoin's innovative architecture extends beyond tokens and trading. With a strategic token allocation plan and aspirations of widespread distribution, the project ignites inclusive governance models. The journey ahead is paved with milestones and the promise of a redefined global ecosystem.
🛡️ Security Anchored in Blockchain:
Security stands as the cornerstone of the Worldcoin ecosystem. By deploying the WLD token contract on Ethereum Mainnet and leveraging the Optimism network's robust security, Worldcoin ensures a robust foundation, fostering trust and reliability.
In Retrospect: Unveiling the Future
As Worldcoin embarks on its transformative journey, its significance transcends market trends. From pioneering World ID to the versatile WLD token, this project offers a glimpse into an empowered and inclusive future. Stay engaged as we delve deeper, uncovering the profound impact of Worldcoin on the realm of cryptocurrencies and beyond. Embrace the voyage, embrace the potential. 🚀🌌
For a comprehensive understanding, refer to the Worldcoin whitepaper
Happy trading, and may the charts guide you to success! 📊🚀
Worldcoin (WLD) formed bullish Shark for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of Worldcoin (WLD) with US Dollar pair.
On a daily time frame, WLD has formed a bullish Shark for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Worldcoin ($WLD) Chart Analysis: Potential Price Movements and EWLD/USDT chart Analysis:-
In this analysis, we will examine the current trading status of Worldcoin ( MIL:WLD ) and its potential price movements based on chart patterns. We will also consider factors such as total supply and market circulation to gauge the possibility of significant price swings. This analysis aims to provide insights for investors looking for potential entry opportunities in $WLD.
Current Status:
At the time of writing, MIL:WLD is trading at $2.15 and appears to be moving within a parallel channel on the chart.
Price Expectations:
Considering the historical performance of similar projects like MATIC, the analyst expects MIL:WLD not to surpass $3 in the near future. However, it is important to exercise caution and avoid falling into FOMO (Fear Of Missing Out) as predictions are subject to market volatility.
Support Levels:
The chart analysis indicates that $2 is a strong support level for $WLD. A break below this level might lead to potential price declines towards $1.5 and $1. Investors should closely monitor this level to make informed decisions.
What If $3 Level Is Broken?
Given that the total supply of MIL:WLD is 10 billion with only 1% in the market for circulative supply, there is a possibility of market manipulation by big investors seeking to book profits at the top. If the $3 level is broken, it may provide a short-term price surge, but investors should remain cautious.
Entry Opportunities:
If the price of MIL:WLD goes around or below $1, it could present a good entry opportunity for investors seeking a favorable risk-to-reward ratio. However, it is crucial to perform thorough research and due diligence before making any investment decisions.
Disclaimer : This analysis is not financial advice. It is for informational purposes only. Investors should conduct their own research and seek professional advice before making any investment decisions.
WLD Ready For Another Drop?While world coin is relatively new with little past price action to analyze it has been respecting general patterns and retrace ratios quite nicely.
This is an hourly line chart that clearly shows price has broken below its previous uptrend and possibly forming a head and shoulders pattern for a continuation to the downside.
Just using the simple TA head and shoulders target of head to neckline would give a technical target of approximately 2.15. This level also is the .786 retrace level of the local swing low to swing high for another 6-7% move to the downside.
Trade well.
Is world coin about to have a major breakout!?! WLDUSDTHello all of my tradingview friends! MAKE SURE YOU FOLLOW AND LIKE for more content!!!
Today i would like to share some technical analysis on worldcoin also known by the ticket WLD.
As we can see there is a pennant that has formed. This pennant has a measured move of +37%
bringing its price up to $3.17 which is where i will be closing my long position. At the bottom i have shared some ALPHA on likely areas to take profits!
KEY SUPPORT - $2.275
A Guide to Trading Bullish and Bearish Pennants
A bearish pennant is a technical trading pattern that indicates the impending continuation of a
downward price move. They're essentially the opposite to bullish pennants: instead of
consolidating after a move up, the market pauses on a significant move down.
BULLISH PENNANTS
Exercise great caution when trading bullish pennants. Research has shown that the success rate
is only 54%. Traders must be cautious when trading bull pennants. Published research reveals a
low success rate of 54% and a meager price increase of 7%.
How Reliable is a Bear Pennant?
Chart Pattern Success Rate Average Price Change
Bearish Pennant 54% +6%
Always trade using the 3 1 trading rule!
To increase your chances of profitability, you want to trade when you have the potential to
1make 3 times more than you are risking. If you give yourself a 3:1 reward-to-risk ratio, you
have a significantly greater chance of ending up profitable in the long run.
Resistance - $2.44
Resistance - $2.50
Resistance - $2.55
Resistance - $2.90
TOP - $3.17
THANKS LIQUIDMEX!
WORLDCOIN BREAKOUT! WLDUSDTHi everyone hope your day is going well.
Today i would lik to share my analysis on WLDUSDT.
As we can see in the chart above the price action has created a
pennant formation.
Breakout level i would lik to see WLDUSDT get above $2.45 and close a
4hr candle above that level. We are reaching the apex of this pennant. Generally
this type of a pennant would break to the downside but being that this is openai aka chatgpt's
coin the narrative is that this coin will likely skyrocket well above $5 in the next month or 2.
The coin is currently ranked 131 on coinmarketcap and i see this becoming a top 25 coin in the
next few months.
in the short term where is it headed?
In short term i think we could see a potential run up to $3.17 that is where i have my take
profit set.
Thanks, LIKE and FOLLOW for more content! LiquidMEX