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WORLDCOIN/USD TETHER

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WLDUSDT trade ideas

Will WLD Price See A Reversal To $10 This Year?World Coin has a market cap of $227 Million with a drop of 1.24% in the last 24 hours. The VM ratio of the WLD token is 0.2 which is suggesting a consolidated trend in the asset price. WLD token price is currently trading near the value of $4.71 with a gain of 183% in the past one year. WLD Coin is currently trading in a consolidated range from the last few weeks. It is trading below the 50 and 100 EMA. The upside trend of token price can see a halt near the value of $6. Meanwhile the support of the asset price can be observed near $3. The RSI of WLD token price is near 44 suggesting its presence in the neutral zone. The overall sentiment of the RSI is consolidating in nature.
by Ritika_TCR
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.
Long
by MyCryptoParadise_Nathan
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.
Long
by MyCryptoParadise_Nathan
#WLD Cup & HandleChatGPT A cup and handle pattern is a technical chart pattern used by traders and analysts to identify potential bullish price reversals or continuations in financial markets, particularly in stocks and cryptocurrencies. It is characterized by two main parts: the "cup" and the "handle." Here's a breakdown of the cup and handle pattern: Cup: The cup portion of the pattern resembles the shape of a tea cup or a rounding bottom. It usually starts with a downtrend and then forms a rounded, U-shaped bottom. During this phase, the price gradually declines, creating a "bowl" shape on the chart. The cup should ideally last several weeks to several months, but the exact duration can vary. Handle: Following the formation of the cup, there is a period of consolidation or a minor pullback in the price. This consolidation phase forms the "handle" of the pattern, which typically takes the shape of a short, downward-sloping price channel or a flag-like pattern. The handle usually lasts a shorter duration compared to the cup, often a few weeks to a couple of months. The "cup" represents a period of accumulation, where buyers are slowly gaining control, while the "handle" shows a temporary pause in the upward movement before the price is poised to continue higher. Trading strategy for a cup and handle pattern: Traders often look for an entry point to go long (buy) when the price breaks out above the resistance level formed by the top of the cup (the highest point in the pattern). A common practice is to place a stop-loss order just below the low of the handle, which is the lowest point in the handle phase. The price target is typically derived by measuring the depth of the cup and projecting it upwards from the breakout point. It's essential to keep in mind that not all cup and handle patterns lead to successful bullish moves, and they should be considered in the context of other technical and fundamental factors. Regarding your mention of "wld token," please note that as of my last knowledge update in September 2021, I don't have information on specific tokens or assets that may have been created or become popular after that date. Therefore, if "wld token" is a cryptocurrency or asset that has emerged after that date, I would not have specific information about it or its price patterns. You may want to consult a real-time financial chart or analysis platform to check for the presence of a cup and handle pattern in the price chart of the "wld token" or any other specific asset.
Long
by vickyrama1979
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