COIN NAME- #WLDUSDT
COIN TYPE- LONG
This chart shows the WLD/USDT pair on a 1-day timeframe. The price is forming an ascending wedge pattern, often seen as bullish. The recent pullback brought the cost to the lower trendline, acting as support. A potential breakout above the wedge's upper boundary could result in a significant upward move, as indicated by the 137.55% target projection in the chart. The EMA Ribbon suggests a weakening bearish trend, as the price remains close to it. Increasing volume on a breakout would confirm bullish momentum. Traders should monitor for a breakout and sustain above the resistance zone for a clear bullish signal.
A tweezer top candlestick pattern played out well, BTC.D dumped hard and this is positive for the overall market. ( Join my Binance live for premium crypto signals )
Trade Details:
Entry: Around 2.224 ( Join my Binance live for premium crypto signals )
TP: 4.940
SL: hold
$WLD
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