$WLD 📊 Chart Analysis: WLD/USDT
I have outlined two possible scenarios for the price development:
1️⃣ Option 1 (blue): A dynamic rise to the area of $8.7, followed by a short-term correction and a renewed rally.
2️⃣ Option 2 (yellow): An intermediate rise, followed by a stronger pullback to the support zone at around $2.1, before the price sustainably takes off and overcomes the area around $8.7.
🔍 Currently, we are in a consolidation phase. My question to you: Do you tend to favor Option 1 or Option 2?
Or do you have a completely different view on the price development? 🤔
📈 What do you think? I look forward to your feedback and assessments!
Happy Trading!
BBAINVEST