Binance Square
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
History
Creator Center
Settings
See original
Irving 11777
May 8, 2024

#WLD🔥🔥🔥

币圈阿凡
May 7, 2024
#WLD突破100美金 $WLD 【Price trend analysis】

1. K-line pattern:
- The recent 4-hour K-line shows that the price fluctuates greatly, and some candlesticks with long upper and lower shadows appear, indicating that there is controversy in the market within this price range, and the power of buyers and sellers is balanced.
- From the daily line, there was a large decline from May 6 to 7, and the subsequent rebound was not enough to cover the decline of the previous day, forming a small "Yin Bao Yang" pattern, suggesting that there may be continued downward pressure in the short term.

2. Technical indicators:
- In the MACD indicator, the latest DIF value is lower than the DEA value, and the MACD histogram is negative, indicating that the market is in a downward trend in the short term. However, the length of the MACD histogram is reduced, which means that the downward momentum is weakening.
- The KDJ indicator shows that the J value (11.08) is much lower than the K value (36.72) and the D value (49.54), which is usually regarded as an oversold signal and may indicate that there is potential for price rebound in the future.
- In the EMA indicator, EMA7 (6.04) has crossed below EMA30 (5.63), which is a signal of a short-term decline. However, the gap between the two is not large, and further observation is needed to confirm whether the decline will continue.

3. Volume:
- In the 4-hour K-line data, we can see that the volume increases when the price falls, especially on the K-line at 20:00 on May 6, when the volume reached 9606470, which usually indicates that the downward trend is recognized by the market.
- At the daily level, the volume also increased significantly on May 6 when the price fell sharply. At the same time, although the price rebounded on May 7, the volume shrank, which may mean that the upward momentum is insufficient.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
122
0
Report
Block User
Repost a Reply
Make the reply a new post
Replies 0
Most Relevant
Most Relevant
Most Recent
No comments yet.
Add a comment
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
Irving 11777
@Square-Creator-9cc4117fbbe3

Explore More From Creator

#2024WithBinance Es un honor estar aquí en Binance y aprender todos los días algo nuevo saludos comunidad
Dec 5, 2024
#grass
Nov 27, 2024
#WLDUpdate
Jul 17, 2024
#codeFree BP7SB64E21
Jul 17, 2024
#freecodegiveaway BP7SB64E21
Jul 17, 2024

Latest News

Robinhood's Stock Rises Amid S&P 500 Inclusion Speculation
56m
California Faces Funding Challenges for Cryptocurrency Licensing Law Implementation
1h
Federal Reserve's Harker Comments on Employment Stability and Tariff Impact
1h
Arca Divests Circle Shares Amid IPO Allocation Dispute
2h
Fed's June Meeting Deemed Insignificant Amid Tailored Job Report
6h
View More

Suggested Creators

Binance Customer Support
Official Binance Customer Support! We’re here to help!
Binance OTC
Welcome to Binance OTC! Reach out to us at trading@binance.com, via Telegram (@binanceOTCTrading), or visit https://www.binance.com/en/otc for more information.
CZ
@Binance co-founder and former CEO
Binance Square Official
Follow Binance Square's Official Account for the latest updates!
Binance Blog
Stay up to date with the latest stories and commentary.
View More

Trending Articles

The latest Alpha, the most detailed and least wear-prone scoring techniques
咔咔不卡
#TrumpVsMusk Trump to Sell His Tesla, White House Says, as
Bull_Fo_Crypto
分析下现在在分数越来越高的原因 1.有利润,新人源源不断的进来,都在拼命地卷 2.工作室、多号党(杀不完,但是平台也
Timi2020
🚨 THE HIDDEN MATH OF TRADING (Why Most Traders Lose Money)
Krypto_ Alchemy
Alpha竞争太激烈,新策略来了!让你一个月磨损省下120U #币安Alpha上新 现在 #Alpha 的竞争已经
阿台丶努力活着Bluebird
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
Cookie Preferences