WLDUSDT trade ideas
🔥 WorldCoin Reversal: Big Short PotentialWLD saw an incredible run over the last few weeks, but sadly for the bulls it found strong resistance at 1.90$. Drawing a line from the August top towards the September top and copying/pasting this line at the September lows gives us a falling symmetrical channel.
For now, I'm looking for a move towards the 1$ level, potentially even lower, especially if yesterday's ETF launch was a buy the rumor - sell the news event.
WLD an updated view
Hi all,
I would like to share my new view on WLD for those who are interested in this crypto. By the way, if you have any fundamental news, don't hesitate to share in comments.
In general, WLD has been moving in a descending channel. Although prices are trying to break the upper (resistance) trendline, in my opinion the bottom had not been confirmed. We still have a long way to go before the halving and the start of a new bullrun.
At this point, I see two possibilities as depicted in chart. My preference one is (2).
What is your view on this crypto?
WLD LONG 1.20Due to the bear market in the world of coins, the token was heavily shorted, using the excuse of the token economy. Despite three attempts to bring it below $1, it hasn't gone down yet. Whether it will go below $1 or not is uncertain, but because it has tried three times, I think it will at least hit the previous support once more.
BUY AT 55Cent to get an easy 555,69%WorldCoin (WLD) Potential Trade Opportunity
I've conducted a thorough analysis of WorldCoin (WLD) and identified a potential trade opportunity with a high-risk, high-reward profile. Please note that all investments carry inherent risks, and past performance is not indicative of future results.
Support Level at 55 Cents: WLD has historically found strong support around the 55 cents mark, making it a potential entry point.
Oversold Conditions: RSI indicates that WLD is currently oversold, suggesting a potential rebound.
Moving Average Crossover: The 50-day moving average is approaching a bullish crossover with the 200-day moving average, indicating a potential trend reversal.
Positive News Flow: Recent positive developments and partnerships in the WorldCoin ecosystem may drive investor confidence.
Tokenomics: Limited supply and potential demand from upcoming developments could contribute to upward price movement.
Trade Details:
Entry Point: 55 Cents
Target Price: $3.60 (555.69% Potential Gain)
Stop Loss: 45 Cents (18.18% Downside Risk)
Risk Management:
Position Sizing: Consider allocating a portion of your portfolio that aligns with your risk tolerance.
Stop Loss Placement: Set a stop loss at 45 cents to limit potential losses.
This trade idea is speculative and carries a higher level of risk due to the potential volatility in the cryptocurrency market. Please conduct your own research and consider consulting a financial advisor before making any investment decisions.
WLD about to go downI've read a lot about this super marketized crypto, I haven't touched it nor I plan to do it right now. Anyway charts looks at resistance and about to dump. This sweep over that OB was just to take some stops, bearish DIV in action as well.
Here at daily the rising wedge is pretty clear:
First stop should be the support I highlighted there.
Good luck (especially if you rushed into buying this thing), sometime you can make money buying viral altcoins but it's bet, you've to be good at picking the right one!
🚨 WLD MAKE OR BREAK?! Daily ResistanceWorldcoin continues its uptrending structure with no major retracement before breaking our Daily Resistance Level, WLD must break in a high volume or it will retrace heavily because of lack of its support foundation.
Also notice our uptrending price action with lowering volume 1D TF
WSD / USD(T) price action and smart money analysis
SMART MONEY market structure
4 Hours time frame
- Elliott waves indicator shows an interesting uptrend
- GMMA Index is maintaining the bullish trend (red line at the top)
- GMMA Oscillator started the uptrend
QUANTITATIVE VOLUME ANALYSIS
SMART money are getting in constantly , however,
- VAS is showing a down trend and correlated with GMMA likely a retail investor dump(last purple bar) against the more recent order blocks seen in the last 24 hours at the time of this writing (1 Hour time frane)
Adaptive moving average indicator:
AMA is showing the continuation of a bullish uptrend (green portion of the above chart)
On the 4 hour time frame the situation looks still bullish:
Fundamental analysis made by a newbie in trading:
- WLD is backed up by Open-AI minds which at present are looking for public market exposure
- Controversial privacy concerns against WSD due to the way the wat the coin is incentivized
- Strong technical team behind the project
- Slightly correlated to the BTC price action (excluding the first 15-20 days of market participation due to airdrop pump and dump price action)
- The coins since to attract lot of attention with large bullish order block post airdrop / pump and dump initial entrance
Outcome:
- Worse case forecast: potential price target in the next 15 days - 4 months time frame period is around 4.2 to 5 USD(T)
- Best case forecast: potential price target in the next 25 days - 6 months time frame period is around 40 52 USD(T)
📊#WLD broke the previous high, will it continue to rise❓➡️Now we have entered the Elliott correction wave after the completion of the Elliott 5 wave rally, and have broken the previous high, and are now completing the correction of the C wave, hoping that we can get the continued strength of the bulls.🙏
✔️If it goes up again, then the likely target area is in the chart.🚀💥💰🍻
Let's see👀
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Bearish on $WLDWe have MSS in M15 and a retrace to that FVG formed in M15 after MSS (Price is fractal right?)
H4 Bearish candle close.
We have H4 BSL delivered.
We are in H4 OB-
Fundamental analysis:
We have WLD token claim on 25-26th September hence many users who were verified and claimed their grants got to sell it a very good price.Also early short sellers got rekt on token claim day.
The only redflag is that we do not have bearish price action because the pair is very volatile.
WLD looks bearish (4H TF)The WLD symbol has been bullish for several days. It has now reached a strong fresh resistance range. It seems to be forming a bearish triangle. It can fall while keeping the red area.To open a sell/short position, we must look for a confirmation or trigger.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
A short growth and then a fallThis digital currency is in a falling trend in one hour, but the possibility of a growth up to the limit of this trend is not far from expected.
Two important ranges of support and resistance for this currency have been identified in this analysis, according to which we can have a safe entry for this digital currency.
According to the explanations given in this video by means of technical analysis for this digital currency, we can determine the average entry for this currency.
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