Long trap WLD?This token seems very manipulated by MM and exchanges.
Late Shorts are severely trapped.
Price testing VWAP and above local support.
Expecting to see late longs get trapped here soon.
WLDUSD trade ideas
Worldcoin WLD: Has It Found It Bottom Yet?I had a closer look at BINANCE:WLDUSD , and it looks like it has gotten to the bottom. Based on this analysis, there is a possibility of an uptrend.
Despite all the criticism on Worldcoin, it could pump before a massive sell of.
Fundamentally, there is no bearish news and events about BINANCE:WLDUSD , I believe that bulls are safe.
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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.
