WLD BuyIt has clearly broken the down trendline from its ICO.
After the breakout, we had the throwback, and currently it has broken the previous high, making a higher high (HH) (As it has 3 consecutive closes above 1.505).
A good stop loss (SL) is the 1.250 level, which is also the Fibonacci (FIB) 78.60% level based on the ICO day candle.
Next resistance could be the area around 2.000, which is also the Fibonacci (FIB) golden pocket (GP) level based on the ICO day candle.
WLDUSDT trade ideas
#WLDUSDT.P - TIME FOR CORRECTION !!Rising in a healthy way and finding nice volume, #WLDUST.P seems to need a correction to continue on its way. If it cannot find the buyer support it will seek in the 1.59-1.60 band, it seems likely that we will follow a correction movement that hangs down to the 1.49-1.51 band.
Since #WLDUSDT.P is a very volatile coin, it is open to all kinds of sudden movements. For this reason, it is just as important to use a small amount as well as keeping the leverage low.
None of these explanations are investment advice.
Good Luck
WLD POCWLD manage to reject from the Daily Level creating a swing high LIQUIDITY, higher low and test before it dumps.
price is now resting at the immediate support, but we dont have enough foundation to consider this rest as a bounce so i expect lower prices to come. (it is the 618 if interim low to swing high)
POC from Daily support and resistance confluence of 618 fib is the furpect match for taking profit and building another confluences for another move. price might get lower if BTC DUMPS.
.786 is the area where in liquidations might happen with confluence of the volume gap.
🔥 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.
WLD an updated view
Hi all,
I would like to share my new view on WLD for those who are interested in this crypto. By the way, if you have any fundamental news, don't hesitate to share in comments.
In general, WLD has been moving in a descending channel. Although prices are trying to break the upper (resistance) trendline, in my opinion the bottom had not been confirmed. We still have a long way to go before the halving and the start of a new bullrun.
At this point, I see two possibilities as depicted in chart. My preference one is (2).
What is your view on this crypto?
WLD LONG 1.20Due to the bear market in the world of coins, the token was heavily shorted, using the excuse of the token economy. Despite three attempts to bring it below $1, it hasn't gone down yet. Whether it will go below $1 or not is uncertain, but because it has tried three times, I think it will at least hit the previous support once more.
BUY AT 55Cent to get an easy 555,69%WorldCoin (WLD) Potential Trade Opportunity
I've conducted a thorough analysis of WorldCoin (WLD) and identified a potential trade opportunity with a high-risk, high-reward profile. Please note that all investments carry inherent risks, and past performance is not indicative of future results.
Support Level at 55 Cents: WLD has historically found strong support around the 55 cents mark, making it a potential entry point.
Oversold Conditions: RSI indicates that WLD is currently oversold, suggesting a potential rebound.
Moving Average Crossover: The 50-day moving average is approaching a bullish crossover with the 200-day moving average, indicating a potential trend reversal.
Positive News Flow: Recent positive developments and partnerships in the WorldCoin ecosystem may drive investor confidence.
Tokenomics: Limited supply and potential demand from upcoming developments could contribute to upward price movement.
Trade Details:
Entry Point: 55 Cents
Target Price: $3.60 (555.69% Potential Gain)
Stop Loss: 45 Cents (18.18% Downside Risk)
Risk Management:
Position Sizing: Consider allocating a portion of your portfolio that aligns with your risk tolerance.
Stop Loss Placement: Set a stop loss at 45 cents to limit potential losses.
This trade idea is speculative and carries a higher level of risk due to the potential volatility in the cryptocurrency market. Please conduct your own research and consider consulting a financial advisor before making any investment decisions.
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!