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WLD / TetherUS PERPETUAL CONTRACT

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WLDUSDT.P trade ideas

Worldcoin Price Plummets, Critical Support Levels Under ThreatIn the latest technical analysis of BINANCE:WLDUSDT on the 4-hour chart, there has been a notable interplay between price movements and key technical indicators, shedding light on potential market trends and trading opportunities. Closing prices for WLD have shown a downward trend, with the most recent price standing at $2.186. This decline is further accentuated by the 9 EMA, which has consistently trended below the 20 EMA, indicating a prevailing bearish sentiment. The current 9 EMA of $2.211 is significantly lower than the 20 EMA of $2.282, suggesting sustained selling pressure. MACD analysis supports this bearish outlook. The MACD line has remained below the signal line, although the histogram indicates a decreasing bearish momentum with values like 0.002056, suggesting a potential for a trend reversal if this pattern continues. RSI values, hovering around 37.43, also point to a bearish market. An RSI below 40 typically signals that the asset is nearing oversold conditions, which might attract buyers and result in a price correction. Given the current technical setup, the Worldcoin price is likely to encounter resistance at the $2.251 level. A break above this could pave the way for a move towards the next significant resistance at $2.483, and eventually, $2.745 if bullish momentum builds. On the downside, immediate support is found at $2.178. If this level fails to hold, we could see a drop to the lower support levels of $1.835 and potentially $1.821, which are crucial for preventing a further decline. For traders considering long positions, a potential entry point could be around the $2.178 support level, with a target towards the $2.251 resistance level. This strategy should be accompanied by a stop loss below $2.178 to mitigate risks from further bearish movements. Conversely, those looking to short the market might consider entering around the $2.251 resistance level, with targets set at the $2.178 support level, and further down at $1.835 if the bearish trend persists. A stop loss above $2.251 would help manage potential losses from unexpected bullish reversals. In conclusion, while the technical indicators for the Worldcoin price currently suggest a bearish market, there are potential opportunities for both long and short trades depending on key support and resistance levels. Traders should closely monitor these levels and indicators for any signs of trend reversals or continued momentum.
by Ecoinimist
WLDUSDT - Setting Up for the Next Bullish Move?Are the bulls back? With price rising by 89% in just 5 days. Let's now analyse the present retracement and our next Trade. Bullish Run: During our previous bullish run, we witnessed high volume entering the market, which resulted in an 89% price increase in just 5 days. Price Retracement: At this point, the price has retraced 34%, putting us in a fantastic purchasing position. Long Trade Setup: Watching for Bullish Momentum 1.) Volume Monitoring: Bullish Momentum: It is important to observe the volume carefully for indications of a resurgence of bullish momentum. Range Formation: To provide a strong base for the following move, some consolidation or a range would be good. 2.) Buying Zone: Entry Area: Exactly in line with important support levels, our buying zone is between $2.30 and $2.00. 3.) Target Levels: Yearly Level and Fibonacci Confluence: The Fibonacci 0.382 and the negative Fibonacci 0.234 coincide to the yearly level, which is our first target region for profit taking. Main Target: The Fibonacci 0.618 level, or roughly $4.70, continues to be the primary target for the long position. Here is the previous trading range where the price fluctuated for more than 56 days. Strategy: Executing the Long Trade Primary Entry: Enter a long trade within the buying zone of $2.30 to $2.00. Volume and Price Action: Monitor the volume and price action closely to confirm bullish momentum. Target Profits: Initial TP: Aim for the yearly level and Fibonacci confluence area as the first take profit zone. Main TP: Set the main take profit target at the Fibonacci 0.618 level around $4.70. Fibonacci remains one of my favourite tools for indicating where to buy and take profits, a simple yet powerful tool. What are your thoughts on this analysis? Are you ready to go long on WLD? Share your thoughts down below.
Long
by SiDec
WLDUSDT reversal possibilityTrend Lines and Patterns: The chart shows a descending yellow trend line indicating a downward trend. There is an upward channel marked by a series of blue and orange arrows, suggesting a potential reversal and upward movement. Support and Resistance Levels: Key support levels are marked in red around 2.1932, 2.0727, and 1.8819. These are prices where the asset found buying interest and bounced back up. Key resistance levels are marked in green at 2.4625, 2.2989, 3.5857, 3.7512, and 5.4107. These are prices where selling interest might increase and could potentially halt upward movement. Potential Price Movements: The chart suggests a bullish outlook with a projected rise to the green resistance levels at 3.5857, 3.7512, and 5.4107. The blue rectangle and the percentage (186.38%) indicate a possible target move to 5.4107, which represents a significant increase from the current price of 2.1941. Price Analysis: The price has recently broken above the descending trend line, indicating a potential trend reversal. If the price continues to follow the projected path (blue and orange arrows), it could encounter resistance at the identified levels before potentially moving higher. In summary, after a significant downtrend, WLD/USDT may be preparing for a bullish reversal, aiming for the higher resistance levels, with a potential substantial price increase if the bullish momentum continues.
Long
by alemicihan
Worldcoin Price Analysis Reveals Potential Bullish BreakoutBINANCE:WLDUSDT has shown varied action over the past trading sessions. Recent closing prices have displayed a mix of upward and downward movements, highlighting a market that is currently in a consolidation phase. Despite the lack of a clear trend, examining key technical indicators can provide valuable insights for potential trading opportunities. Focusing on key resistance and support levels, the first major resistance level to watch is $2.483. A break above this level could signal the beginning of a bullish trend. If the price moves past $2.483, the next significant resistance point at $2.745 could come into play, leading to substantial upward momentum. The upper resistance level at $2.78, if surpassed, might confirm a strong bullish reversal. On the downside, the initial support level is at $2.258. Holding above this can prevent further downward pressure. A critical support level is found at $2.199, and a drop below this could accelerate the selling pressure. The lower support level at $1.835 may act as a strong defensive line against further declines. Examining the Exponential Moving Averages (EMA), the 9 EMA currently trends below the 20 EMA, indicating a bearish sentiment in the short term. The prices hovering around these moving averages suggest a market in flux, waiting for a decisive move. Should the 9 EMA cross above the 20 EMA, it could be a signal for a bullish shift. The Moving Average Convergence Divergence (MACD) values indicate a bearish trend, as the MACD line remains below the signal line. However, the histogram shows diminishing negative values, hinting at a potential slowing of bearish momentum. Traders should watch for a possible bullish crossover, which could signal a good entry point for long positions. The Relative Strength Index (RSI) levels, hovering between 33 and 42, reflect a market that is approaching oversold conditions but is not yet there. An RSI below 30 would typically indicate a stronger buy signal, while a movement above 70 would indicate overbought conditions. For those considering long positions, waiting for a break above the $2.483 resistance level could be prudent. This level acts as a potential entry point, with the target set at the next resistance at $2.745. A stop-loss order below the $2.258 support level could help mitigate risks. Traders looking to short might consider entering around the $2.483 resistance level if the price fails to break above it convincingly. The first target could be the support level at $2.258, with a more aggressive target set at $2.199. Placing a stop-loss just above the $2.483 resistance can help protect against unexpected bullish moves. WLD exhibits a blend of bearish and consolidative signals. The market is poised for potential movements, with key resistance and support levels providing guidance for traders. Monitoring these levels and the behavior of technical indicators can help in making informed trading decisions.
Long
by Ecoinimist
WORLD COiN: $1.20 a 3 to 5 year PLACEMENTinspired by Dan Browns ECHELON that eye in the sky big bro surveillance cam DiGITAL FORTRESS Tiktok is valued at $50bn with users gladly posting DATA willingly and getting paid for it Sam's OPEN Ai is now valued at $30bn as a search engine mining data prompts like a virus across the wen curating as BestIntel among users the mission is to DOMINATE Big Data and this project may just be the one LORDiNG over networks come 2030 buy and wait or DCA and wait or simply put on a trade and forget about it this can immediately MOON to gap up beyond UNICORN yet price is regulated by the designated BROKERS churning before the big run up towards BTC Halving to make it sexier and worth it to fresh investors who missed Series funding seed placements good luck LADS
by senyor
12
Phemex Analysis #7: WLD Explodes! But Stay Rational PHEMEX:WLDUSDT.P has experienced a sharp price appreciation following the company's announcement of an extended token unlock schedule for early investors and team members. While such news typically catalyzes upward price movements, it's essential to approach these pump-driven rallies with a critical eye. Historically, price increases primarily driven by short-term enthusiasm and speculation have often exhibited limited sustainability. Unlike rallies grounded in substantial project advancements or fundamental improvements, pump-driven movements are more susceptible to rapid corrections. Given this context, a prudent trading strategy might involve securing profits near key resistance levels at $3.50 and $4.10. These levels represent significant psychological barriers and potential points of profit-taking for short-term traders. However, a contrary perspective could emerge if the asset encounters strong selling pressure at these resistance points. In such a scenario, a potential buying opportunity may arise closer to the support levels of $2.10 and $1.80. These levels could act as areas of demand and potential price reversal. It's crucial to emphasize that this analysis is based on current market conditions and historical trends. The cryptocurrency market is highly volatile, and unforeseen events can significantly impact price movements. As such, diligent risk management and a comprehensive trading plan are paramount. Note: We are excited to announce that our new PULSE 3.0 version has been released! Check it out! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex