This can be right, just as it can be wrong. We are doing two things, we are reading the chart while at the same time making a prediction. The prediction can be ignored. The chart reading can be followed.
Worldcoin (WLD) is entering a bullish wave. This is likely to be a medium-sized one. Say it peaks before hitting a higher high compared to March (early 2024). That's the prediction.
We have a long-term higher low. The main low was hit September 2023 while the higher low is happening this month, September 2024. We can see a clear and strong rise in trading volume as well as bullish action. We also have bullish action across the Altcoins market, now months old.
Now, this wave can also extend and be bigger, this part is a question mark for me. What I know is that any action is part of a long-term growth process that is already active.
We will continue to see higher highs and higher lows long-term. The full-blown bull-market is set to happen in 2025. The end of the bullish phase ends in a major bull-run and this tends to lead to new All-Time Highs. Potential is huge for this and other pairs.
Right now looks like a good entry.
Since market conditions are always changing and the chart setup can always change, make sure to do your planning before buying.
Thank you for reading. You are appreciated.
Thanks a lot for your continued support.
Namaste.