WLD
WLDUSD: Will It Break Out or Continue Its Downtrend? Yello, Paradisers! 🌟 Have you noticed the potential breakout that's brewing in WLDUSDT? Don't miss this critical update! 🚨
💎WLDUSDT has recently formed a W pattern after breaking down the support zone, indicating that the price has absorbed buyers' liquidity.
💎For a high-probability bullish setup, we need to see a breakout above the resistive trendline & resistance zone together. This breakout will not only validate the W pattern but also trigger the stop-loss orders of retail sellers who have recently entered short positions.
💎If the price breaks down below the small support level, this will be considered a bearish trend continuation and will invalidate our entire bullish thesis.
Stay vigilant, Paradisers, and be ready to act based on these critical levels. Remember, disciplined trading and patience are key to long-term success.
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WLD: Get Ready For Some Action🚀💎 Paradisers, #WLD is approaching the previously broken resistance zone, which may now serve as support.
💎If #WLDUSDT exhibits a Change of Character (CHoCH) and a Break of Structure (BOS) at this point, we can anticipate a bounce from this area.
💎Why are we expecting this? As observed, the price has taken the inner range liquidity by filling the Fair Value Gap (FVG), and now it's likely to target the external liquidities.
💎However, if the price declines from here and approaches the Bullish Order Block (OB), then we could see high-probability setups, so exercise caution in this zone and wait for confirmation.
💎Should the price break down below this level, it would be wise to wait for more favorable price action to develop and monitor the overall crypto market before making any decisions.
WLD: Bullish Breakout Signals Potential Upside Momentum💎 WLD has recently broken out of the falling wedge pattern and risen above the 200 EMA, forming a W pattern. Additionally, it has exhibited CHoCH (Change in Character) towards a bullish structure, indicating a higher probability of a bullish move.
💎 If WLDUSDT manages to break out above the resistance level, we can anticipate a move towards the strong resistance zone, which coincides with a bearish OB. Furthermore, there's a possibility of a pullback to the bullish OB. However, it's advisable to secure small profits at each swing if the price moves as anticipated.
💎 Conversely, a breakdown below the bullish OB zone would signal bearishness, leading WLD to establish lower lows and lower highs, indicating a shift in market sentiment.