wld longWorldcoin saw a 31% surge, reaching above $9, following Sam Altman's return to the OpenAI board, accompanied by new members. Let's go!
WLDUSDT.P trade ideas
WLDUSDT(Worldcoin) Daily tf Range Updated till 07-05-24WLDUSDT(Worldcoin) Daily timeframe range. stuck between 6.465-4.390 range level for a while now. trying to get over 6.465 but need more retail interest for that. recent retrace point is at 4.390.if it can stay over 4.390 it will keep trying to push 6.465.
WLDUSDT.PHello Trader BINANCE:WLDUSDT.P
the small resistance has not been able to break out further, it can be used as a benchmark for the short area and valid evidence for another breakdown to the previous support.
but the previous chart pattern was double bottom
take profit 13%
stop loss 3.3%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
World Coin Weekly AnalysisWorld Coin (WLD) emerged as the standout performer of the week, registering a remarkable surge of 29.76%. In March, WLD reached its peak at $12.034 before undergoing a correction to $3.698, finding significant support at the 200-day Exponential Moving Average (EMA).
Presently, WLD is exhibiting a double bottom pattern on the daily timeframe, indicating bullish momentum. Resistance is evident at $6.540, with a potential breakout signaling a move towards $7.5 or higher. Weekly moving averages portray positivity, while oscillators remain in a neutral position. Both daily oscillators and moving averages are signaling buy calls, reinforcing the bullish sentiment.
Worldcoin Up 23% As Trading Volume SkyrocketsWorldcoin ( MIL:WLD ) has surged by 23.6% in the past 24 hours, reaching $6.50 for the first time in three weeks. The asset's market cap is currently at $1.32 billion, making it the 70th-largest digital currency. The daily trading volume of Worldcoin ( MIL:WLD ) recorded a 109% rally, reaching $520 million. The total open interest of Worldcoin ( MIL:WLD ) increased by 21.5%, rising from $131.9 million to $160.3 million.
Higher price volatility is expected due to whale activity and potential liquidations. The total MIL:WLD funding rate aggregated from all exchanges dropped from 0.008% to 0.001% in the past 24 hours, indicating increased open interest primarily from augmented short positions. The number of traders betting on a MIL:WLD price fall has increased with the asset's price rally.
The Worldcoin ( MIL:WLD ) exchange inflow is currently at 454,380 MIL:WLD , while the exchange outflow is at 542,360 MIL:WLD , recording a net outflow of 87,980 coins in 24 hours. On-chain movements indicate that some investors are accumulating Worldcoin ( MIL:WLD ) despite bearish expectations. The MIL:WLD Relative Strength Index (RSI) rose from 40 to 61.38 over the past 24 hours, suggesting a slightly overbought asset.
The daily price chart of Worldcoin ( MIL:WLD ) depicts a Bullish "Symmetrical Triangle" which suggest continuation of the current trend in the near term.
Worldcoin WLD price is hard to rise, - then need to fall?Looking at the #WLDUSDT chart, we can assume that after the hype that was at the beginning of the year, interest in the MIL:WLD coin has now waned, if not disappeared.
🤷 After a sharp drop, buyers had a chance to restore the price of #Worldcoin to at least $7, but today sellers took the initiative and are drawing a daily candle that is clearly not for continued growth.
💚 At best, the target lower $4.60 is a strong mirror level, where buyers have to show strength that they won't let #WLDUSD go any lower.
❤️🩹 In the worst case, it's $3.40 for MIL:WLD
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Recovery ---- WLDOpenAI announced that it may release the ChatGPT board search engine on May 9. Unlike other crypto sectors, the AI sector has a high correlation with the market behavior of U.S. technology companies. The most obvious ones are OpenAI and WLD. WLD, as a global token issued by Sam, OpenAI CEO, is regarded by many traders as the embodiment of OpenAI's value. This is why WLD drove the entire AI sector higher over the past week.
During the decline, WLD almost halved. It has entered a narrow range since mid-April. Although it has not broken away from the bearish trend at the daily level, powerful bulls have appeared at the 1h level.
We can clearly see that the TSB indicator prompted a BUY signal on May 2, and then the bullish trend began. In the process of rising, after touching the wavy area many times, the bulls strengthened and continued to rise. WLD currently maintains a healthy bullish trend and is gradually approaching its 15-day high.
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.
WLD/USDT: Re-entry Post Second False Break, 1:2 R/R RatioWLD/USDT is ready for a strategic re-entry after witnessing a second false breakout. This pattern suggests strong underlying support, providing a compelling buy opportunity. We aim for a risk/reward ratio of 1:2, capitalizing on the resilience shown at lower support levels. This setup positions us to benefit from potential upside as the market reassesses the strength at this price point. Enter now to exploit this recovery phase.
WLD 05/05/2024I have dreams :P Current price action work as a range, then price breaks below and makes deviation. And it reenters with big expansion candle to continue its trend.
Or this move potentially, push us to daily imbalance above.
Nothing!!!Hi.
BINANCE:WLDUSDT
➡️ the odds of another bullish Movement is Pretty high because the pattern which WLD is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 No break out yet!
🟢 FALLING WEDGE
✨Targets are:
🎯$6.254
🎯$7.540
🎯$9.465
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
WLD Rally Mode: Your Chance to Buy and Prosper!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
Symmetrical TriangleWait for breakout and breakdown and always manage your risk according to your portfolio.
Thank you
WLD/USDT Is on the support area, possible to bouncing and upward💎 Paradisers, #WLD is indeed garnering attention as a coin worthy of close observation.
💎 Currently, it has retraced to a key support area after successfully breaching the descending resistance, only to face rejection at the resistance level of $6.4 - $5.9.
💎 For WLD to regain bullish momentum, it must bounce decisively from this support level and attempt to break above the resistance zone.
💎 A successful breakout would confirm a return to bullish sentiment, signaling further upward movement with potential targets set around our supply zone area.
💎 However, if WLD fails to find support at this level and instead breaks below it, the price could descend further to the next significant level, possibly around the demand area at $3.23. This scenario might involve a quick price drop, potentially triggering liquidations, before the price attempts to reclaim ground above the support area, should the upward trajectory still be desired.
💎 The bullish scenario would be invalidated if WLD also breaks below the demand area on the lower timeframes. Such a move would confirm sustained downward pressure, likely resulting in further significant dips.
MyCryptoParadise
iFeel the success🌴
WLD 01/05/2024 We are currently trading above our previous old high level and optimal trade area level. I will keep these level either we are going to drop around 3.33$ and consolidate there or we will break the important levels and increase.
WLDUSDT SHORTEnF Breakout Strategy signaled a SHORT on WLDUSDT
See idea for breakout entry, targets and stoploss
Check out more on the script:
To get access to this script, DM me
WLD/USDT: Swift Entry Post False Break, Targeting 1:2 R/RWLD/USDT has just shown a false break below support, indicating potential reversal strength. We’re entering the trade immediately, leveraging the quick turnaround in sentiment with a 1:2 risk/reward ratio. This strategy aims to capitalize on the market's misdirection, expecting a rebound to previous levels. Stay alert to the market's response following the false break to manage the position actively.
Accumulation zone📊Analysis by AhmadArz:
Pay more attention to the pivot points because it is an accumulation zone.
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
WLD/USDT: Ready for Entry, Choose Immediate or Post-4h CandleWLD/USDT is at a pivotal point, presenting a prime entry opportunity with a 1:2 risk/reward ratio. Traders can enter immediately, capitalizing on the current momentum, or wait for the added confirmation of a 4-hour candle close. The setup hints at the potential for a substantial move, inviting us to partake in the anticipated ascent. Keep an eye on the close for a stronger signal, or take a position now to not miss the expected upward trajectory.
$WLD #Worldcoin Trading IdeaWLD/USD (Worldcoin) may have formed another falling wedge pattern. There's a good chance we'll see a price increase after a clear breakout.
If it breaks upwards, my targets are $6.228; $7.523; $9.50; $11.734. However, this setup becomes invalid if it breaks downward
WLD Holders! FOLLOW ME~!Hello, guys.
This is ESS team.
Let's check the WLDUSDT.
The WLDUSDT is looking to REACH the TOP GREEN uptrend line, the most significant, After the long-term downtrend breaking out, with buy-power's support from the UNDER green uptrend line.
