Get started

WLD / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

WLDUSDT trade ideas

Worldcoin (WLD)The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online ("Proof of Personhood") while maintaining their privacy through zero-knowledge proofs. The WLD token is designed as a utility token with governance properties, empowering users by giving them a say over the future of the protocol. Anyway, it is clear that WLD was moving in an ascending-inverted wedge pattern. Then, correction started and WLD broke the wedge downward. It seems correction is unfolding in a descending channel; so, the first sign for reversal should be WLD breaking the channel upward. Let's see what happens.
Long
by SaeedSalehinia
Unveiling a New WLD: Charting the Crypto FrontierIn the vibrant and ever-changing cryptocurrency sector, the WLD coin has emerged as a noteworthy entity, particularly due to its meteoric rise from a trading stance of $0.9850 to an impressive peak at $11. This analysis delves into the intricacies of WLD's market behavior, with a keen focus on a specific 3-hour trading window. It methodically dissects the coin's historical pricing patterns, leverages a spectrum of technical analysis tools, and contemplates the broader market forces that have been instrumental in sculpting WLD's path. Background Overview: WLD coin's journey began with its release on July 24, 2024, marked by the innovative introduction of 11 ORB locations across the United States, with an ambitious roadmap extending to 35 more ORBs globally. The coin's debut saw an initial 8.5% price increase, subsequently experiencing a 35% decline from its peak, setting the stage for a complex market trajectory Analytical Perspective: This analysis adopts a personal viewpoint, acknowledging the subjective nature of technical analysis and inviting diverse perspectives to enrich the discussion. Despite a bullish outlook on WLD, a potential overvaluation and expected price correction are considered, with analysis extending beyond the 3-hour timeframe to encompass broader market trends. Technical Analysis: The technical journey of WLD began post its initial rally and subsequent decline, finding support at the $1.8599 level, which held for approximately 16 days. A breach of this support level led to a further decline, establishing $0.9850 as a significant support area, indicative of strong buying levels. A minor Area of Interest (AOI) was identified at $1.2335, with frequent interactions over a month, highlighting its importance in WLD's price dynamics. The downtrend witnessed on a shorter 1-hour timeframe and the oscillator's indication of a potential reversal at this stage underscored the nuanced interplay of market forces on the 3H timeframe. The emergence of a new uptrend was marked by a significant pattern on the oscillator, with WLD establishing new AOIs at $2.7365 and $4.3, leading to a remarkable 333% price rally. However, this rally faced resistance, initiating a corrective phase that saw a 50% price reduction over 36 days, highlighting the cyclical nature of market trends. A pivotal moment in WLD's trading history was observed around the grey dotted Area of Interest (AOI) line at $2.1850. On February 9, 2024, as the market opened (8:00 AM AUS GMT+8), buyers initiated a strong entry, effectively challenging and breaking through the prevailing downtrend. This bullish momentum was clearly confirmed on the 3-hourly chart, marking a significant turning point in WLD's market dynamics In the subsequent 30-day trading period, an extraordinary price surge ensued, with WLD's value escalating by over 384%. This period was characterized by the establishment of new AOIs at critical levels: $5.1205, marking the investor's take-profit point, followed by successive peaks at $7.2215, $9.4795, $9.500, and ultimately reaching an all-time high at $11.8954. This phase not only underscored the robust bullish sentiment in the market but also highlighted the strategic significance of these newly established AOIs in WLD's trading landscape. Current Market Dynamics: Diving deeper into the intricate landscape of WLD's price action, we now pivot our focus towards the horizon, contemplating the path that lies ahead based on the meticulous analysis of the 3-hour chart. Navigating Future Waters: A Detailed Forecast The symphony of price levels previously highlighted has not only shaped the historical narrative of WLD but now converges to orchestrate a symmetrical triangle pattern on the 3-hour timeframe. This geometric alignment, as observed below, suggests a delicate balance between bullish hopes and bearish realities, typically indicative of a bullish continuation pattern. However, the plot thickens as the oscillator reveals signs of capital withdrawal alongside a bearish cross, marked distinctly by a highlighted white dot This is hinting at potential volatility with a predisposition to break downward before possibly catapulting upwards with renewed vigor, especially around the $6.81 - $6.3455 AOI zones or upon retesting the $8.5 AOI. Anticipating strategic entry points, the levels at $7.2215 and $6.8101 emerge as beacons for potential investment opportunities, potentially setting the stage for WLD to eclipse its previous zeniths if these levels hold firm. Leveraging ERAI's Insights: Employing ERAI, an AI-driven beacon in the tumultuous seas of cryptocurrency trading, we delve into a simulation rich with historical candle data. This predictive odyssey suggests pivotal levels at $15.72, with notable clusters around $11.985, $8.57, $7.78, and $6.81, painting a cautious tapestry of potential downturns, with the minor level at $5.1205 offering a glimmer of optimism to hold price up. ERAI's bearish posture, amplified by a SELL signal at a power rating of 2.4 on the 3-hour timeframe, further accentuates the narrative of caution. The Duel of Indicators: Amidst this analytical maelstrom, the 200 daily EMA and the HODL line stand as sentinels on the chart, their red and white hues demarcating the battleground of buyers and sellers. This dynamic duo suggests a close-knit struggle for dominance, offering a strategic axiom: the positioning of the HODL line relative to the 200 DEMA could signal the opportune moments to buy or sell. Oscillatory Perspectives: Lastly, the oscillator, with its HYPER WAVE and MONEY FLOW, warns of negative cash influxes and descending price actions, suggesting a march towards the oversold domain, with eyes keenly set on the $7.2215 and $6.81 levels for potential rebounds. In Summary: This foray into WLD's technical realm, grounded in empirical evidence and enriched by predictive analytics, paints a tapestry of cautious optimism, underscored by strategic vigilance. Will be closely monitoring WLD for the next coming weeks. ~Axie
Long
by AXiVenture
2
Alikze »» WLD | Continue the downward trend🔍 Technical analysis: Continue the downward trend - The daily frame time is moving in a descending channel. - Currently, in the PRZ area, which had a 100 -wave fiber in the previous fiber area. - If this area is preserved, it can first grow up to the middle of the cannon and then to increase demand to the channel ceiling. -If the area is exposed to sales pressure, it can extend the corrective structure to fibou 1.618 the previous wave. 💎 Alternative scenario: If it is able to break the line and consolidate it on top of it, the descending channel fails to continue its growth area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:WLDUSDT www.radingView.com
Short
by alikze
4
Worldcoin Price on the Verge: Key Points and Strategies!In the latest 4-hour analysis, BINANCE:WLDUSDT has moved slightly up from $1.836 to $1.899. This gradual increase indicates a short-term recovery attempt within a generally bearish context. Examining the exponential moving averages (EMA), the 9 EMA currently stands below the 20 EMA. This suggests that the short-term momentum is weaker than the long-term trend. Specifically, the 9 EMA at $1.879 is lower than the 20 EMA at $1.913, reinforcing a bearish sentiment. The alignment often signals potential further declines unless a crossover occurs where the 9 EMA surpasses the 20 EMA, indicating a shift to bullish momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) also paints a cautious picture. While the MACD histogram has been positive, indicating some bullish divergence, the MACD line remains below the signal line. This suggests that the bullish attempts are weak and might not sustain without stronger buying pressure. The recent narrowing of the MACD and signal lines could also hint at a potential reversal. However, confirmation is required before taking action. The Relative Strength Index (RSI) has fluctuated between 38.63 and 46.04 over the observed period, currently resting at 45.67. Although RSI is not in the oversold territory, it indicates that the market is nearing a neutral zone from previously being oversold. This implied potential stabilization or a slight bullish correction. Considering the support and resistance levels, the Worldcoin price faces significant resistance at $2.007, $2.483, and $2.745. These levels are crucial for bulls to break through to signal a strong uptrend. Conversely, immediate support levels are observed at $1.835, $1.821, and $1.812. A breach below these supports could lead to further downside movement. For those looking to enter long positions, it would be prudent to wait for a clear breakout above the $2.007 resistance level with strong volume. This could signal the beginning of a more sustained upward trend. Entry could be considered around $2.010 with a target towards the next resistance at $2.483. A stop loss slightly below the breakout level at $1.990 can then be set. For short positions, traders should watch for any signs of rejection at the resistance levels, particularly around $2.007. A failure to break above this could offer a shorting opportunity. Entry could be considered around $1.995 with targets near the immediate support levels at $1.835, and a stop loss just above $2.007.
by Ecoinimist
WLDUSDT - Ready for a bullish rebound?After a challenging few months, WLD has dropped significantly in price and now appears to be undervalued. Let's break down the current market conditions and explore a potential long trade setup with a strong risk-to-reward (R:R) Current POC: The price should hold at the current Point of Control (POC) to build up bullish strength. Primary Entry: Enter a long trade at the current price level, focusing on the support at the POC. Stop-Loss Placement: Set the SL just below the POC to ensure a favorable R:R ratio. Target Profit: Aim for a TP at the old trading range, capturing the potential recovery in price.
Long
by SiDec
WLDUSDT.1DThe WLD/USDT chart from Binance provides a comprehensive overview of the pair's performance over the past months, highlighting its volatile journey and key technical levels to watch. Analyzing the chart, it's clear that WLD has experienced a sharp decline from its highs, setting a context for potential strategic entries and exits. Currently, the price hovers around $1.966, below the critical resistance level (R2) of $4.141. The primary support level (S1) is identified at $1.554, which if breached could lead to further downward pressure. From a technical standpoint, the descending trendline starting from the peak and connecting the highs shows a clear downward momentum. A breach above this trendline and the resistance at R2 could indicate a reversal or at least a significant pullback, providing a bullish signal for traders. Conversely, the strong resistance at $4.141 could continue to suppress upward movements unless there is a strong market catalyst. Traders should monitor for a potential breakout above this level, which could pave the way towards higher prices, possibly reaching towards previous highs if accompanied by strong buying volume. Conclusion: Investors and traders should keep a close eye on the $1.554 support level. A break below this could signal a continuation of the bearish trend, potentially making room for lower lows. On the flip side, any movements above the descending trendline and the $4.141 resistance could offer a more optimistic outlook, suggesting a potential shift in the current trend. Always consider integrating broader market analysis and news into your trading strategy to complement the technical outlook. Remember, setting stop-losses is crucial to manage risks effectively in such volatile environments.
Long
by MarsSignals
WLDUSDT.1DThe WLD/USDT chart from Binance provides a comprehensive overview of the pair's performance over the past months, highlighting its volatile journey and key technical levels to watch. Analyzing the chart, it's clear that WLD has experienced a sharp decline from its highs, setting a context for potential strategic entries and exits. Currently, the price hovers around $1.966, below the critical resistance level (R2) of $4.141. The primary support level (S1) is identified at $1.554, which if breached could lead to further downward pressure. From a technical standpoint, the descending trendline starting from the peak and connecting the highs shows a clear downward momentum. A breach above this trendline and the resistance at R2 could indicate a reversal or at least a significant pullback, providing a bullish signal for traders. Conversely, the strong resistance at $4.141 could continue to suppress upward movements unless there is a strong market catalyst. Traders should monitor for a potential breakout above this level, which could pave the way towards higher prices, possibly reaching towards previous highs if accompanied by strong buying volume. Conclusion: Investors and traders should keep a close eye on the $1.554 support level. A break below this could signal a continuation of the bearish trend, potentially making room for lower lows. On the flip side, any movements above the descending trendline and the $4.141 resistance could offer a more optimistic outlook, suggesting a potential shift in the current trend. Always consider integrating broader market analysis and news into your trading strategy to complement the technical outlook. Remember, setting stop-losses is crucial to manage risks effectively in such volatile environments.
Long
by MarsSignals