WUSDT.PHello Trader BINANCE:WUSDT.P
dip the 1 day - 4 hour support area since there is good news for btc, this may be a suitable pair to dilong for tonight
take profit 28%
stop loss 3%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
WUSDT.PS trade ideas
W / WUSDTI still see the chart is bullish to the first point.
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
👀Short Term $W (wormhole) Prediction--->Possible 80%+👀Hello traders,
Today I like to introducing an interesting but a bit risky idea.Do not forget! Higher the risk higher the reward or loss! This coin has unique novel idea behind and it is backed by big names and companies. On the very first day it break above 2B market valuation. Only very few coins were able to this. So off the bat we know that, it is a good quality coin with a good team. Chart is quite young but it is already signalling end of mini correction. I am expecting big things within a week or 2! Keep an eye on this one👀!
Trade Idea for Wormhole (W) - Accumulation StrategyWormhole (W) is currently priced at approximately $0.65660, with a market cap of $1.19 billion. The token has shown some volatility, with a 24-hour low of $0.62410 and a high of $0.66720. This price action offers potential buying opportunities within a strategic trading plan.
Start by purchasing W at the current price of around $0.65660. This entry point lies near the lower end of the recent price range, potentially maximizing gains if the market rebounds.
If W's price further drops to around $0.62775, consider this a key level for additional purchases. This allows for averaging down the entry price and capitalizes on broader market movements.
Establish a series of take profit targets to capitalize on potential price recoveries. Begin taking profits at $1.05, followed by subsequent targets at $1.20, $1.40, $1.60, and $1.80. These targets are set to capture profits at key psychological levels as the market potentially appreciates in value.
The price performance of W over recent months has been subject to significant swings, indicative of both underlying volatility and active trading interest. Given Wormhole’s role as a prominent interoperability platform, it harnesses substantial utility within the blockchain ecosystem, which could drive its value upwards as cross-chain communication becomes increasingly pivotal.
This strategy suggests a higher risk tolerance, given the omission of a stop loss. It's suitable for investors with a longer-term horizon who can withstand potential downturns in price.
Wormhole's strategic significance in enabling interoperability across various blockchain networks, coupled with its current market valuation, presents a compelling case for accumulation. The staggered profit targets aim to optimize returns from volatility, capturing value as it accrues.
This trade idea is based on current market dynamics and the strategic role of Wormhole within the blockchain ecosystem as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
W / WUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Wormhole going for 10$ easy 🔥Wormhole can easily give 10x return from here.
●You really ignoring this gem?
●Whenever a new coins launches and its chart looks like this I always divide it into Quadrants and wait for 0.25 or 0.5 levels to be hit so I can buy from those specific levels.
●Buy some Wormhole in CMP and DCA more if it came down at 0.75 level.
●This trick is only for bull market in bear its different
WUSDT: Breaking Out of Accumulation, Retest Entry, 1:2.5 R/RWUSDT is exiting its accumulation phase, showing potential for upward momentum. We’re placing a buy stop at 0.78, triggered by the successful retest of this level. This entry strategy offers a favorable risk/reward ratio of 1:2.5, ideal for capturing the anticipated rise. The setup points to a solid buyer engagement, aiming for significant gains post-breakout. Prepare for the buy stop to activate and manage positions closely as the price advances towards our objective.
$W long ideas Trading during the accumulation phase in the Wyckoff method involves identifying potential accumulation zones and entering positions based on signs of accumulation by smart money. Here's a basic guide on how to trade during this phase:
1. **Understand Accumulation Phase**: In the Wyckoff method, accumulation is the phase where smart money (large institutional investors) starts accumulating shares while prices are low. This phase typically occurs after a prolonged downtrend.
2. **Identify Accumulation Zones**: Look for areas on the price chart where the price is range-bound or shows signs of consolidation after a downtrend. These zones often exhibit decreased volatility and relatively low trading volumes.
3. **Analyze Volume**: Pay close attention to volume patterns within the accumulation zone. Look for decreasing volume during the downward move and increasing volume as the price starts to stabilize or move sideways. This suggests that smart money is accumulating shares.
4. **Study Price Action**: Analyze price action within the accumulation zone. Look for signs of absorption where the price remains stable despite selling pressure. Higher lows and lower highs can indicate that buying pressure is building up.
5. **Confirm with Indicators**: Use technical indicators like moving averages, relative strength index (RSI), or accumulation/distribution indicators to confirm the strength of accumulation. These indicators can provide additional insight into the underlying buying pressure.
6. **Wait for Confirmation**: Wait for confirmation before entering a trade. Look for a breakout above the accumulation zone accompanied by a surge in volume. This confirms that the accumulation phase is ending and an uptrend may begin.
7. **Set Stop Losses**: Place stop-loss orders below the accumulation zone to manage risk. If the price breaks below the accumulation zone, it could indicate a false breakout or a continuation of the downtrend.
8. **Monitor the Trade**: Once you enter a trade, monitor it closely for signs of continued accumulation or distribution. Adjust your position or take profits accordingly based on changing market conditions.
9. **Consider Multiple Timeframes**: Analyze multiple timeframes to get a clearer picture of the overall market trend and the strength of accumulation. Higher timeframes can help confirm the validity of accumulation patterns observed on shorter timeframes.
10. **Practice Patience and Discipline**: Trading during the accumulation phase requires patience and discipline. It's essential to wait for clear signals and confirmation before entering a trade, and to stick to your trading plan once you're in a position.
Remember that trading involves risks, and it's important to conduct thorough research and practice risk management to improve your chances of success. Additionally, studying historical Wyckoff accumulation patterns and observing real-time market behavior can help refine your trading skills over time.
w long setup ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
#W/USDT#W
The price is moving in a cross channel on the 4-hour frame and adheres to it well, and the price rebounded from the lower border of the channel at the price of $0.530.
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI that was broken to support the rise
Entry price is 0.600
The first goal is 0.690
The second goal is 0.770
The third goal is 0.855
W LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
W (wormhole) forms a rangeW is forming a range as this initial airdrop is finished. Anything near the median is a potential buy zone, however I do not like to buy tokens this new. More research is needed. If this plays out like TIA we will see a 5-10x in the next few months. I do not agree with selling airdrops during bullish markets.
-I am not super interested in HODLing this, but would like to see if pump before dumping the tokens.
-I will likely swap this to SOL at some point since its already on the chain