**WLD Token: Wave 2 Completion & Wave 3 Start ๐**
On the **monthly chart**, WLD appears to have completed **Wave 2** at the **88.6% retracement level**, a deep yet typical retracement in Elliott Wave structures. This aligns with a potential **Wave 3** initiation, which is often the strongest impulse wave.
๐ **Key Bullish Signals**:
- Deep Wave 2 retracement suggests strong base formation.
- Momentum indicators (e.g., RSI, OBV) aligning with bullish breakout potential.
- Wave 3 targets could extend to 1.618 or beyond, offering significant upside.
**โ ๏ธ Disclaimer:**
This analysis is for educational purposes only. Trading involves risk; please do your own research and trade responsibly. Past performance does not guarantee future results. ๐จ
What do you think? Let me know if you'd like adjustments!
On the **monthly chart**, WLD appears to have completed **Wave 2** at the **88.6% retracement level**, a deep yet typical retracement in Elliott Wave structures. This aligns with a potential **Wave 3** initiation, which is often the strongest impulse wave.
๐ **Key Bullish Signals**:
- Deep Wave 2 retracement suggests strong base formation.
- Momentum indicators (e.g., RSI, OBV) aligning with bullish breakout potential.
- Wave 3 targets could extend to 1.618 or beyond, offering significant upside.
**โ ๏ธ Disclaimer:**
This analysis is for educational purposes only. Trading involves risk; please do your own research and trade responsibly. Past performance does not guarantee future results. ๐จ
What do you think? Let me know if you'd like adjustments!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.