WorldCoin still testing the upper side of its bullish channel (the one I pointed out in the previous post). What do you guys see in the chart I've just shared? Let's see if my followers are studying #TechnicalAnalysis $WLD #WorldCoin.
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LIVELocademiaCripto
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Bullish
Let's see how we kick off the analysis for $WLD ... this amazing project that scans your iris in exchange for its own token. The chart I'm sharing has a 3D candle timeframe (three days).
📝 Right at its launch on Binance, it opened at $0.15 and hit $5.29 (that's why I marked it, it's a psychological limit).
📝 From around July 24, 2023, to September 13, 2023, it sought its minimum of 1.01, which I also marked as its all-time low. And since then, it has projected an uptrend that confirmed in February 2024 with the base of that channel. I've also marked the channel's tops for you.
📝 While the WLD/USDT pair has had its storms (largely due to regulation news in different countries, going against the project), in my view, it's been holding up too well against the FUD and market manipulation. If it were so negative for humanity and had no value (as many say), it should be worth as much as a #memecoin or #Shitcoins , but... it maintains its trend without losing it or showing signs of concern. I've also highlighted volume levels on the chart.
📝 It's worth noting that, as shown in the chart, the price is above the channel, aiming to touch it, which would mark a very interesting projection. But, here's an important alert., it's very close to its all-time high of $11.97 and every time it has approached to break its ATH, the price bounces back (retraces).
🌈 I believe that as the project matures, improvements will be made and it will gain better acceptance.
🚀 If this content resonated with you, show some love with a thumbs up! Your appreciation fuels my drive to keep creating and sharing helpful insights.
📝 Right at its launch on Binance, it opened at $0.15 and hit $5.29 (that's why I marked it, it's a psychological limit).
📝 From around July 24, 2023, to September 13, 2023, it sought its minimum of 1.01, which I also marked as its all-time low. And since then, it has projected an uptrend that confirmed in February 2024 with the base of that channel. I've also marked the channel's tops for you.
📝 While the WLD/USDT pair has had its storms (largely due to regulation news in different countries, going against the project), in my view, it's been holding up too well against the FUD and market manipulation. If it were so negative for humanity and had no value (as many say), it should be worth as much as a #memecoin or #Shitcoins , but... it maintains its trend without losing it or showing signs of concern. I've also highlighted volume levels on the chart.
📝 It's worth noting that, as shown in the chart, the price is above the channel, aiming to touch it, which would mark a very interesting projection. But, here's an important alert., it's very close to its all-time high of $11.97 and every time it has approached to break its ATH, the price bounces back (retraces).
🌈 I believe that as the project matures, improvements will be made and it will gain better acceptance.
🚀 If this content resonated with you, show some love with a thumbs up! Your appreciation fuels my drive to keep creating and sharing helpful insights.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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