To conduct a more detailed analysis and define the entry, exit and risk management points for Worldcoin (WLD/USDT), I will break down the key indicators and their interpretation:
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1. Detailed Technical Analysis
Current Trend
• The chart shows a clear bullish movement supported by:
o Moving averages: Simple moving averages (SMA) or exponential moving averages (EMA) confirm a positive trend. The 50-period MA is below the current price, acting as support.
o Higher Highs & Higher Lows: Typical uptrend pattern.
Supports and Resistances
• Supports:
o $2.50: Dynamic support near the 50 MA level.
o $2.38-$2.40: Key previous support zone.
• Resistors:
o $2.70: Nearby resistance, possible short-term profit-taking.
or $3.00: Psychological target if the trend continues.
Key Technical Indicators
• RSI (Relative Strength Index):
o If it is between 70-80, there may be overbought, indicating the possibility of correction.
o If the RSI is at 50-60, it reflects strength in the trend.
• MACD (Moving Average Divergence/Convergence):
o Bullish MACD crossovers above the signal line can confirm the positive trend.
• Volume:
o Increased volume during bullish candles indicates genuine interest in the trend.
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2. Trading Strategy
Prohibited:
• Optimal purchase price:
o Current zone between $2.55-$2.60 if the price shows consolidation and respects the supports.
o Alternatively, wait for a pullback towards $2.50 for a more conservative entry point.
Salida (Take Profit):
• Short term:
o First target: $2.70-$2.75, immediate resistance.
o Second target: $3.00, psychological resistance.
• Medium term:
o If the bullish movement continues with good volume, consider holding until levels above $3.00.
Stop Loss:
• Place the stop loss below the nearest support:
the Conservative: $2.45.
o Moderate: $2.38 if the market is more volatile.
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3. Risk Management
• Risk/Benefit Ratio (RRR):
o Ensure a RRR ratio of at least 2:1, meaning if you risk $0.10 per WLD, you are looking for a potential profit of $0.20 or more.
• Positioning:
o Do not invest more than 1-2% of your total capital in a single trade.
• Constant monitoring:
o The cryptocurrency market can be highly reactive to unexpected news and events.
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4. Fundamental Factors and News
• Fundamentals:
o Worldcoin is building a blockchain-based digital identity infrastructure. This may be attractive in the long term.
• News:
o Market perception regarding regulations or technological advances can drastically influence.
