WLDUSDT trade ideas
Is the Worldcoin Price on the Verge of an Explosive Breakout?Over the past 48 hours, 4-hour closing prices for the Worldcoin price have escalated from $7.186 to a peak of $10.535, before slightly retracting to $9. This movement is underscored by a series of technical indicators that hint at underlying market dynamics.
The 9 Exponential Moving Average (EMA) has been on a consistent uptrend, closely mirroring the price action and suggesting a bullish trend. Similarly, the 20 EMA has ascended as well, reinforcing the bullish sentiment observed in the market. The convergence of these EMAs below the price action is a classic sign of sustained buying interest.
Moreover, the Moving Average Convergence Divergence (MACD) indicator provides additional insights into the momentum. Starting from a negative position, the MACD line has crossed above its signal line, turning increasingly positive over the series of measurements. This transition from negative to positive values, especially with the histogram highlighting growing bullish momentum, indicates strong buying pressure.
The Relative Strength Index (RSI) has climbed from a neutral stance of 48.18 to an overbought condition at 83.61. Traditionally, an RSI above 70 indicates that an asset might be overbought, suggesting potential for a pullback. However, in strong trending markets, the RSI can remain in overbought or oversold territories for extended periods, indicating strong momentum.
The Worldcoin price analysis reveals key support levels at $9.316, $8.061, and a pivotal level at $9.316. Given the current bullish indicators, these levels may serve as crucial junctures for traders to consider entry points for long positions, should the price experience a retracement. On the flip side, for those eyeing potential short opportunities, a decisive break below these support levels could indicate a shift in momentum, warranting careful consideration of exit or entry points.
As WLD navigates through these technical landscapes, traders are advised to keep an eye on the aforementioned support levels and the evolving indicators. The bullish indicators suggest that the momentum might continue, but it is essential to be wary of potential pullbacks, especially given the overbought conditions signaled by the RSI.
While the current technical analysis paints a bullish picture for the Worldcoin price, it's crucial for traders and investors to approach these insights with caution. The cryptocurrency market is known for its volatility, and while technical indicators can provide valuable signals, they are not infallible.
Short OpportunityAfter growing in past one month WLD formed elliot pattern which is bearish pattern and expect sharp drop , at moment in process making last wave . targeting 7-8$ zone for coming week
WLD/USDT Keep an eye on the support, Bouncing and back to UP!💎 WLD has recently demonstrated noteworthy market dynamics, experiencing a significant 300% upward movement after breaking out of a descending channel.
💎 However, signs of weakness are now apparent, with WLD potentially entering a retesting phase at the support level previously acting as resistance at the all-time high (ATH).
💎 There's a probability that WLD could also touch the Bullish Order Block (OB) before resuming its upward movement and retesting the Bearish OB area.
💎 The Bullish OB represents a critical area for WLD, as a bounce from this level is essential. However, if WLD breaks below the Bullish OB, it could signal a reversal to a bearish trend, resulting in continued downward movement for WLD.
🔥 WorldCoin [WLD] Bull-Flag SignalIn my last analysis I talked about the bullish channel that WLD was trading in. My anticipation was that WLD would break through the top resistance and make it's way to 10$.
After topping out around 9.25$, WLD has been reading sideways. With BTC trading exceptionally bullish, I expect WLD to break out of this pattern in the near future.
WLD can fly. I'm aiming at 20$ over the next few weeks. By keeping a very tight stop we can create a very good R/R of over 28 for this trade.
When to rebuy?An addition to the previous idea, although it didn’t play out exactly as I expected, I still plan to do rebuys at the same level, some at ~7.8-7.6. The bearish wedge worked like a textbook and now we find ourselves at a retest of the global trend line, I propose to buy back part just below eight dollars and the second part around six, in the event that the price goes further down.
ps. in the screenshot is what I mean by calling the global trend line
WLDUSDTWld is about to break the descending triangle..
Rectangle is the buy zone.
NFA.
Smash up the like button, if you like the idea :)
WLD/USDT raising wedge -bearish after growing +250% in past two weeks WLD formed raising wedge pattern which is bearish pattern and expect sharp drop , at moment in process making last wave .
targeting 5-6$ zone for coming week
stop loss at 11.5$
SHORT #WLDUSDTSHORT #WLDUSDT from $8.4 stop loss $9.3
30m TF. After a long period of growth, the coin formed an ascending wedge, which is a bearish formation. At the moment, the price has gone down on an increased volume. But we have a horizontal level of 8.45, confirmed by a few touches. At first he acted as a resistance, at the moment it is a support. I expect a smooth descent to this level, consolidation and an impulse breakdown. in a downward direction with the support of volumes in the seller's glass. The goal is to remove liquidity at the bottom to the height of the wedge.
WLDUSDT.PWLDUSDT.P is in bearish trend.
Potentially printing LH and LL.
Sellers are storngly active.
No sign of reversal here. we short at CMP.
xai usdt created bottom 2The XAI/USDT trading pair has formed a compelling double bottom pattern, presenting a clear buy signal for investors and traders alike. This classic chart pattern, known for indicating reversals after a downtrend, suggests that XAI/USDT could be on the cusp of a significant upward movement. As the pattern completes, with price levels confirming the second bottom, the potential for bullish momentum increases. Market participants are encouraged to watch for a breakout above the pattern's neckline as a confirmation of this bullish signal, keeping in mind the importance of risk management and further market analysis to inform their trading strategies.
🔥Worldcoin Is Copying Aptos. Pump Soon❓Worldcoin is a fresh alt on Binance. Usually, such alts pump so high due -50-80% dump after the listing. The example is Aptos, which make -70% pullback and grew by +550%.
WLD fell by -60%. Also ARKM, MAV, SUI, SEI are on the list.
💥watch this freshman carefully before it skyrockets.
like❤️ and follow
Check the links and get a gift from me👇
Despite Bullish Indicators, Significant Risks Loom for WLD BINANCE:WLDUSDT is attempting to overcome the resistance level at $9.241.This is after it printed a second higher low on its 4-hour chart.
The Exponential Moving Averages (EMAs) provide a deeper insight into the market's momentum. The 9 EMA values, starting from 8.6536 and moving up to 8.8183, alongside the 20 EMA values, which have increased from 8.2712 to 8.4845, both suggest a bullish trend. This upward movement in the EMAs is a positive sign for traders, indicating that the market might be gaining strength.
The Moving Average Convergence Divergence (MACD) further supports this bullish sentiment. The MACD values have shown slight fluctuations, with the most recent figures indicating a narrowing gap between the MACD line and the signal line. Although there was a brief period where the histogram values were negative, suggesting a potential bearish reversal, the overall trend remains positive. This is evidenced by the latest histogram value moving closer to the zero line, indicating diminishing bearish momentum.
The Relative Strength Index (RSI) has remained above 50 throughout the observed period, peaking at 62.9383. This indicates a strong market with potential for continued growth, as values above 50 generally suggest a bullish market.
Volume analysis further supports the bullish sentiment, with a noticeable increase in trading volumes. This increase in volume alongside price appreciation is a positive sign, indicating strong buyer interest and potential for sustained upward movement.
Potential Movements and Trading Strategies
Given the current technical indicators, the Worldcoin price is showing signs of a bullish trend. However, traders should keep an eye on key resistance and support levels for potential entry and exit points. The immediate resistance level to watch is at $9.241. A break above this level could signal continued bullish momentum, potentially opening up opportunities for long positions towards the next resistance levels.
On the downside, support levels are found at $8.04 and $6.414. A break below these levels, especially the $8.04 mark, could indicate a shift in market sentiment, potentially leading to a bearish trend. Traders might consider these levels for setting up stop-loss orders or for potential short positions if the market shows signs of reversal.
Although technicals are flagging bullish for WLD. The altcoin has already failed to break above the $9.241 resistance level twice in the past couple of days. Another rejection in the next 24 hours may lead to a strong correction in the Worldcoin price.
Possibility on milking a forming pattern up and downPrice action starting to form a Bearish Wolf wave pattern. Along 3 and 4 points of interest a bullish order block is formed. If the price keeps on bouncing on order block without any significant pump until it reaches point 4, which is also a trend line, we should see strong shot up to upper trend line, point 5. Bullish flag pattern indicates that as well. Then a strong correction is quite possible breaking a trendline downwards to point 6, where according to pattern rules suppose to be take profit target. Correction downwards is also believable to me because the price is starting to lose momentum and show weakness, corrections are getting bigger which shows that sellers getting more in control.
Bear in mind that this pattern is in early stages and just as well might go sideways. But until it is not, keep on watching
WLD possible rebuy at 6.8The coin likes to stay in the channel for some time, I would like to buy ~6.8
WLD Rejected by Resistance to Cause Technicals to Flip BearishThe Worldcoin price was rejected by the resistance level at $8.845 over the past 24 hours after the altcoin briefly broke above this level. Since then, the crypto has been in a gradual descent.
The 9 Exponential Moving Average (EMA) and the 20 EMA have been critical in understanding the momentum behind the Worldcoin price. The 9 EMA values alongside the 20 EMA values suggest a gradual uptrend in the short term. This uptrend is further supported by the closing prices on the 4-hour chart leaning towards the higher end of the spectrum in the latter candles.
The Moving Average Convergence Divergence (MACD) indicator, known for signaling the strength and direction of a trend, presents a nuanced view. A bearish divergence has appeared with the MACD indicator on the 4-hour chart for the Worldcoin price. This divergence suggests that while there is upward momentum, caution is warranted as the market may be overextending.
The Relative Strength Index (RSI) indicates that WLD is neither in the overbought nor oversold territory, providing a neutral stance but leaning towards bullish sentiment as it hovers above the midpoint of 50.
When considering potential movements against the backdrop of support and resistance levels at $8.845 and $6.414, respectively, the current trading patterns and technical indicators suggest a cautious optimism. The market is flirting with the possibility of testing the resistance level at $8.845, provided the bullish indicators hold strong. However, should the bearish divergence in the MACD take precedence, we might see a retest of the support level at $6.414. Further support levels at $6.275 and $3.803 remain critical markers for potential downturns, offering areas where investors might consider re-evaluating their positions.
In conclusion, while the technical indicators for the Worldcoin price lean towards a cautiously bullish outlook in the short term, the bearish signals from the MACD highlight the importance of vigilance. Investors and traders are advised to keep a close eye on the evolving market dynamics, particularly the interplay between the RSI and MACD indicators, against the backdrop of identified support and resistance levels.
vc scams pump the hardestlow-float
vc allocation
next unlock isn't until the summer
Sam Altman is a prolific conman at the forefront of AI news promising agi SOON (artificial general intelligence - won't exist for many decades)
I'm bullish on digital identity, in general, invested in other tokens in the same category
The pumpamentals are there. It's disregarded by the community for being a dystopian scam. I recognize an opportunity to frontrun a hated rally.
Spot bag only. I like $5. Maybe higher if sam altman shills it hard before the token unlock
WLDUSDT SHORT RETRACEMENT This is a very decent trade and shouldn't talk back like your GF does, so there's no need to get excited apart from the profit you're about to make..
Sell from ~$7.35 down to $4.40
Follow on my chart.
dub.sh
📊#WLD double bottom target has been achieved, cautious⚠️🤷♂️Unfortunately, neither of the two buying areas I paid attention to arrived, so I missed this pump, but it doesn't matter, there are many market opportunities, just look for the next one.👀
🧠From a structural point of view, all the goals of the large double bottom long structure have been achieved, so let's give it up for the time being.
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$WLD WLD / USDT
WLD is printed high profits recently
Good job if you made a profit through it but now you must be cautious specially if you are a holder as it entered possible sell off zone of ascending broadening wedge
Best of wishes
WLD - Pullback then LongWLD just broke out of its two-day channel. It also passed through a bullish OB suggesting a potential entry point. Price could always continue going up from where we’re at right now (8.58), but I’m anticipating a pullback/retest of the OB for an entry point right around 7.6 to 7.8. Bearish divergence w/ MACD displayed in pink. Let’s see if it’ll take off without me or not.
Entry: 7.6-7.8
TP1: 8.50
TP2: 8.99
TP3: 9.84
SL: 7.04
Be good
