WUSDT Forms Bullish Flag: Targeting Strong Upside PotentialWUSDT technical analysis update
WUSDT has formed a bullish flag pattern on the 1-hour chart, and the price is now moving toward the flag resistance for a potential breakout. The price is currently trading above both the 100 and 200 EMA. Once the breakout is confirmed, we can expect a strong bullish move. Additionally, the price has already broken the double-bottom resistance on the daily chart and formed the flag pattern just above it.
WUSDT.PS trade ideas
W/USDT Making a Healthy Structure
The price has already doubled from $0.16 to $0.34. Done?
After a 5.5-month downtrend, the price started to rise and has already doubled in just 1-2 weeks, now pausing at the main orange downtrend channel.
Does this remind you of something? SUI also broke out of a 5.5-month downtrend and started to rise in its first times.
Looking at the chart, we can see that the price formed a two-month horizontal bottom within the purple box during August and September. It seems to have broken above this area on September 26th.
After breaking above the horizontal low in the purple box, the price has been stuck at the orange downtrend channel for the past two days.
It's normal and healthy for the price to be stuck at the downtrend channel as long as it stays above the purple box. This can be interpreted as a retest of the broken level. Of course, breaking the orange downtrend channel would be more positive.
For now, as long as the price remains above $0.27 - $0.28, the momentum and movement seem to be bullish. This price level is a significant support level.
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W/USDT AnalysisW/USDT is currently trading within a triangle pattern, indicating potential price consolidation and increasing momentum. While a breakout may not be imminent, it’s essential to watch for a breakout above both the trendline and the horizontal resistance level.
If we see a confirmed breakout, a significant bullish move could unfold in the short term. Key levels to monitor include .
As always, this is not financial advice—do your own research!
WU Breakout & retested descending wedge 400%+ target
The chart presents a descending wedge pattern, a typical bullish reversal setup. A clear breakout from the wedge has occurred, followed by a successful retest of the breakout level, confirming upward momentum. This breakout is supported by bullish divergence on the RSI, signaling a shift in momentum to the bulls.
After the breakout, the price has entered a resistance area. This zone will be critical to watch as price action here will dictate the continuation of the trend. A clear break above this resistance would indicate further bullish continuation & a good second entry into a position with stop loss below the wedge.
For an entry strategy, a long position can be considered on a retest of the breakout zone, now acting as support around $0.2667. A stop loss can be placed below this level to manage risk in case of a false breakout. The take-profit targets would be the previous wedge high and the higher Fibonacci extension levels.
This is a swing trade setup which coincides with the bull run. I would expect to be in this for many weeks.
Trading is like surfing — fun, but you might wipe out. This isn’t professional advice—always do your own research and consult a pro before diving in!
$W Wormhole - Scalp Long IdeaWormhole dropped by 90% from its all-time high.
What are the chances of Wormhole hitting $1.60 again?
Trying to long at cmp $0.21 to $.20 as volume spikes more than the average volume, targeting those poor highs .
ENTRY:
$0.21 to $0.20
STOPLOSS:
Below $0.186
TARGETS:
.235 to .248
.283 to .314
.385 to .427
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BINANCE:WUSDT
Wormhole - Falling Wedge Close To Breakout - Potential 360% MoveA lot of new token launches (Airdrop/Pre-Sale at least) this year seems to suffer the same fate: Price might pump a bit at launch with decent volume, but soon after the interest dies and the price dumps. I've seen several coins now with huge falling wedges like we can see here, and the breakouts are usually insane. W looks like it's getting very close to finally getting out of this wedge.
This looks like a great place to enter a long. Main target is $0.786, and the plan would be to hold maybe ~20% if it looks like it can push $1. The VWAP has acted as a resistance in the past, if the price fails to go past this VWAP again I'd just sell, as it's likely to reverse again.
The St. Dev. Bands line up quite well with my targets, and could end up becoming more precise TPs.
The targets probably seem unrealistic, and maybe they are for the shorter term at least, but these markets move in strange ways, I've been seeing some crazy price action lately (like CLOUD for example)
Tight SL here, would probably look to enter somewhere lower if it gets hit.
Wormhole $W, Grear R/R SetupBINANCE:WUSDT has been beaten so hard since its listing few weeks ago. I believe Its building a base for a reversal. Newly launched tokens tend to go up fast when they reverse as there is not that much over-hanging supply. My invalidation is a break of its last low, which could happen and I am fine with it!
Large amounts of tokens unlocked----WIn the crypto market, there is an event-driven strategy based on token unlocking, which we mentioned in a previous analysis on WLD. This week Wormhole (W) will unlock tokens on August 3, releasing 600m W, worth approximately 180m US dollars. Equivalent to 33.33% of Cir.supply. The ingredients are Foundation Treasure, Ecosystem, and Community, and they may sell the tokens. W may fall as a result.
Wormhole belongs to the Cross-Chain Communication track. Unlike cross-chain bridges that meet the needs of ordinary users, the purpose of Wormhole is to build a cross-chain layer to meet the protocols’ demand and improve interoperability. Layer0, Omni network and Axelar all belong to this track. It is the future development demand of the crypto market, but it is difficult to have a pump like the AI track in the short term. So there are trading opportunities combined with unlocking events.
Since it will be unlocked this week, both 1h and 4h are good trading levels. If you are not good at trading, then you can use the TSB indicator. TSB has successfully predicted multiple entry of short positions and prompted the SELL signal again on July 28. This indicates that we are currently in a bearish trend. The price is currently rebounding to the wavy area, which, as we have been saying, will provide short strength and is a good position to add positions.
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.
Wormhole: Potential Top 20 Contender for This Bull Run!Wormhole is a solid project with a good chance of being a top 20 project in this bull run. I own W and will accumulate more only if it drops below $0.30. The green-marked zones could be the bottom during this correction before reaching a new ATH. The red-marked zones might have a bigger impact, and we can talk about ATH only after it passes them.