W/USDT Chance to bounce - Not Financial Advices, Always DYORCrypto market was shaken about 2days straight due to Ukraine and Russia conflicts,
however, BTC keeps printing it's ATH record, while Alts are down with massive correction (due to the dominance of BTC).
I found a good candle pattern of Wormhole (W), I could see the pumping of this coin in few more days.
TP 1 - 0.3
TP 2 - 0.5
Note: I don't recommend trading in futures, I'm always trade in Spot.
WUSDT
WUSDT Potentially a low risk buyThe crypto space is potentially set for a bull run as we have seen BINANCE:BTCUSDT gain momentum and finally breaking above the 73,630.47 recent high to hit a new all time high of about flying slightly above the 76,000 mark. This has triggered momentum in most alt coins and BINANCE:WUSDT is no different.
We have seen market creating multiple bottoming out around the 0.1947 zone, I would love to see price breaking out of the 0.2787 area and retest same before taking a long with targets at 0.5 and probably 1.3 area.
For every trade you plan to take, do a thorough analysis yourself as past results does not guarantee future results. #WUSDT
#W (SPOT) entry range ( 0.1900- 0.2400) T.(0.6100) SL(0.1820)entry range ( 0.1900- 0.2400)
Target1 (0.3340) - Target2 (0.4250)- Target3 (0.6100)
SL .1D close below (0.1820)
Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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W/USDT BREAKOUT CONFIRMW/USDT Breakout Confirm 🚀
W/USDT has successfully broken above a key resistance level, and now it’s time to wait for the retest 📈. If the price comes back to test the breakout level and holds it as new support, a strong bullish move could follow 💥.
🔍 Key factors to monitor:
1. Retest: Wait for the price to come back and test the breakout level, confirming it as support.
2. Hold: A solid hold at the breakout level would strengthen the bullish outlook.
3. Volume surge: Keep an eye on a significant increase in volume to confirm momentum.
⚠️ Stay sharp with this pair, but always DYOR (Do Your Own Research) before making any decisions. 📊
Wormhole W price has a tough road aheadThey handed out that #Wormhole, then "locked" some holders from the market in the range of $0.52-0.72 and let the OKX:WUSDT price go into free fall.
💩 Instead of the promised “golden mountains”, we got the “Mariana Trench”)
The only “positive” thing on this chart is that a fairly large unlocking CRYPTOCAP:W coin occurred on 03/08 at the very bottom and holders no longer had the courage to pour them on the market. And the next one is in April 2025.
1️⃣ If the #WUSD price rises, the first portion of sales will be in the 0.33-0.36 zone
2️⃣ The real battles will begin above $0.52. We'll have to look at the market situation at the moment, but so far, it's hard to believe that the price will manage to shoot above $0.72
WUSDT Double Bottom Pattern: Preparing for a Significant RallyWUSDT Technical analysis update
WUSDT's price broke the double bottom neckline resistance line a few days ago after 175 days of downtrend. The price is now retesting this level and preparing for a move to new highs.
And Price formed a flag pattern just above the resistance line in the 1H chart.
Regards
Hexa
WUSDT Forms Bullish Flag: Targeting Strong Upside PotentialWUSDT technical analysis update
WUSDT has formed a bullish flag pattern on the 1-hour chart, and the price is now moving toward the flag resistance for a potential breakout. The price is currently trading above both the 100 and 200 EMA. Once the breakout is confirmed, we can expect a strong bullish move. Additionally, the price has already broken the double-bottom resistance on the daily chart and formed the flag pattern just above it.
W/USDT Making a Healthy Structure
The price has already doubled from $0.16 to $0.34. Done?
After a 5.5-month downtrend, the price started to rise and has already doubled in just 1-2 weeks, now pausing at the main orange downtrend channel.
Does this remind you of something? SUI also broke out of a 5.5-month downtrend and started to rise in its first times.
Looking at the chart, we can see that the price formed a two-month horizontal bottom within the purple box during August and September. It seems to have broken above this area on September 26th.
After breaking above the horizontal low in the purple box, the price has been stuck at the orange downtrend channel for the past two days.
It's normal and healthy for the price to be stuck at the downtrend channel as long as it stays above the purple box. This can be interpreted as a retest of the broken level. Of course, breaking the orange downtrend channel would be more positive.
For now, as long as the price remains above $0.27 - $0.28, the momentum and movement seem to be bullish. This price level is a significant support level.
Alikze »» INJ | Ascending channel - 12H🔍 Technical analysis: Ascending channel - 12H
- In the analysis presented in the previous post , a corrective wave was carried out up to the green box area, which has entered an upward phase in the green box area after the demand.
- Currently, in the 12H time frame, it can have a growth up to the range of $25, which in case of a pullback to the middle of the channel, it will have the ability to continue growing up to the top of the channel.
- If the $25 zone fails, it will have the ability to continue growing up to the supply zone.
💎 Alternative scenario: In addition, if it faces selling pressure in the range of $25 and loses the middle of the channel, it can continue to correct at least up to the Fibo range of 1.618 and the price range of 18.75.
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BINANCE:INJUSDT
Alikze »» W | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
- It has been moving in a downward channel on the daily time frame
- After breaking the short-term downward channel, it is currently moving in an upward channel
- According to the momentum at the top of the channel, it can exit the channel with a pullback to the broken structure and continue its growth up to the first supply range as wide as the channel.
- In the future, it can continue its growth by breaking the first supply area to the second supply area.
💎 Alternative scenario: In addition, if the green box area is broken, it can go down with a pullback to the 0.1709 range.
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BINANCE:WUSDT
W/USDT AnalysisW/USDT is currently trading within a triangle pattern, indicating potential price consolidation and increasing momentum. While a breakout may not be imminent, it’s essential to watch for a breakout above both the trendline and the horizontal resistance level.
If we see a confirmed breakout, a significant bullish move could unfold in the short term. Key levels to monitor include .
As always, this is not financial advice—do your own research!
$W Wormhole - Scalp Long IdeaWormhole dropped by 90% from its all-time high.
What are the chances of Wormhole hitting $1.60 again?
Trying to long at cmp $0.21 to $.20 as volume spikes more than the average volume, targeting those poor highs .
ENTRY:
$0.21 to $0.20
STOPLOSS:
Below $0.186
TARGETS:
.235 to .248
.283 to .314
.385 to .427
#W waiting for good signal for good entryWaiting for good signal for good entry
SO SOOOON
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BINANCE:WUSDT
Wormhole $W, Grear R/R SetupBINANCE:WUSDT has been beaten so hard since its listing few weeks ago. I believe Its building a base for a reversal. Newly launched tokens tend to go up fast when they reverse as there is not that much over-hanging supply. My invalidation is a break of its last low, which could happen and I am fine with it!
Large amounts of tokens unlocked----WIn the crypto market, there is an event-driven strategy based on token unlocking, which we mentioned in a previous analysis on WLD. This week Wormhole (W) will unlock tokens on August 3, releasing 600m W, worth approximately 180m US dollars. Equivalent to 33.33% of Cir.supply. The ingredients are Foundation Treasure, Ecosystem, and Community, and they may sell the tokens. W may fall as a result.
Wormhole belongs to the Cross-Chain Communication track. Unlike cross-chain bridges that meet the needs of ordinary users, the purpose of Wormhole is to build a cross-chain layer to meet the protocols’ demand and improve interoperability. Layer0, Omni network and Axelar all belong to this track. It is the future development demand of the crypto market, but it is difficult to have a pump like the AI track in the short term. So there are trading opportunities combined with unlocking events.
Since it will be unlocked this week, both 1h and 4h are good trading levels. If you are not good at trading, then you can use the TSB indicator. TSB has successfully predicted multiple entry of short positions and prompted the SELL signal again on July 28. This indicates that we are currently in a bearish trend. The price is currently rebounding to the wavy area, which, as we have been saying, will provide short strength and is a good position to add positions.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Wormhole potential swing long not sure if this'll get a run-up into the LayerZero launch but the bidded on the slowing sell pressure (see C-fork) with presumed resistances at or near the May Monthly high, and the Weekly equal highs (if it sustains).
if no unlocks/whales seling/etc., this should work out.
[LONG] Wormhole going for the binance listing pattern (part 2)After the first run Wormhole is giving another chance at a strong demand level.
buy: 0.50~0.55
target1: 0.634
mid channel. you can move your SL to entry at this point
target2: 0.748
upper band. take out half position here
target3: 1.11
first dead cat bounce top. here most spot buyers that got trapped will sell. don't risk your gains and close the position.
Let's see if this time it can reach the 3rd target!!
part 1:
Wormhole W price at consolidation, where next ?It's been 2 months since the #Wormhole airdrop and listing.
The price of #WUSDT has managed to drop significantly and move into a consolidation phase.
⁉️ Question:
1️⃣ will the NYSE:W price be accelerated now with a parabolic amplitude?
2️⃣ Do we need another correction to the $0.55 area and then growth according to the blue scenario?
What do you think?
It seems that in both cases, the #WUSD price should be accelerated to $1-1.10
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