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WORLDCOIN / BITCOIN

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WLDBTC trade ideas

WLD/BTC Approaching Key Resistance – Ready for a Potential BreakWLD’s BTC pair is showing signs of strength as it stabilizes around a critical support level, with a setup that could lead to an impressive rally if it gains momentum. Currently, it’s retesting a support area that has been crucial for previous price moves. Green Zone (Support): WLD has reclaimed this support zone and is beginning to show signs of consolidation. Holding above this level would be a strong signal that WLD is ready to move upwards. Downward Trendline: WLD recently broke its descending trendline, a bullish sign that indicates a shift in momentum. If it can hold above this level, the next target would be the main resistance area. Blue Zone (Main Resistance): The next major hurdle is the blue zone, which represents an 84% potential upside from the current price if WLD successfully pushes through this resistance. This area has historically acted as a strong resistance, so a breakout here could lead to a substantial rally. In summary, WLD’s BTC pair is in a promising position for a potential breakout. With the BTC pair acting as a crucial factor for altcoin rallies, a sustained move above the support zone and a break of the main resistance could trigger a significant upward move. Patience here is key as we watch for confirmation of strength.
Long
by Lamassu_Trade
Worldcoin Full Green Candle (170% Bullish Potential)Here we have a full green candle, a big one... ➖ This is the analysis for WLDBTC (Worldcoin vs Bitcoin). You can find the WLDUSDT (Worldcoin vs Tether) trade-idea by visiting the 'Related publications' at the bottom of this post. There are many ways to spot a bottom and the oscillators can be of great help; the MACD and RSI. Looking for divergences with these indicator can confirm any signals based on price action and candlestick reading. We can see Worldcoin vs Bitcoin (WLDBTC) moving lower, and lower... Left side of the chart. In August, no more lower but instead the action switches to sideways. In late September, no more sideways but instead the action switches to bullish; the full green candle. Here we are spotting the reversal based on price action. The orange line is the resistance line. The full green candle broke right through it. Volume remains at the same daily average level. In this case, we can look at other exchanges and see if there is any volume signal available. The bullish action is already happening and confirmed. We can say we are a bit late (to catch a bottom). But additional growth is possible and highly probable. Thank you for reading. Namaste.
Long
by MasterAnanda
Exciting Potential for WLDBTC! Demand Zone Formation: WLDBTC has formed a robust demand zone around 4653 sats, signaling a powerful support level. Wedge Pattern Breakout: Recent price action confirms a wedge pattern breakout, and now, a significant corrective move down is taking place. A Buyer's Paradise: This price correction presents an enticing opportunity for buyers. The risk/reward ratio is remarkably favorable. Anticipated Upside: Our expectation is that the price will initiate an upward trajectory from its current level. Two significant upside targets are identified: 78.6% Fibonacci Resistance: Here, we may consider securing partial profits. 8113 Sats Level: If the first barrier is surmounted, the next destination is the 8113 sats level, offering the potential for a remarkable 73% growth against Bitcoin. Detailed Trade Setups: For comprehensive trade setups on WLDBTC and WLDBTC, please visit our channel. We're quite excited about this particular opportunity.
Long
by CryptoPAMM
WLDBTC Uptrend and Elliott Wave CluesWLDBTC presently finds itself within a robust demand zone, which aligns with a prior supply area. Price action surrounding this support area continues to display consistent respect. As long as there isn't a clear daily breakdown below this demand region, the integrity of the uptrend remains intact. An Elliott Wave analysis further hints at a potential Wave 5 to the upside. However, for this scenario to play out, it is essential that the price remains above Wave 2. Our stop loss has been strategically positioned at this crucial level, as a breach beneath Wave 2 could signify the completion of an ABC corrective pattern within the long-term downtrend. In light of these factors, the risk-to-reward ratio for this trade appears to be highly favorable.
Long
by CryptoPAMM