On the daily timeframe, WLD’s RSI is gradually declining, signaling a potential correction. On the hourly chart, RSI continues to fall toward 40, further confirming the corrective outlook.
I expect WLD to extend its pullback toward the two support levels at $1.523 and $1.40. At the moment, I am looking for an exit price to close 50% of my WLD holdings to ensure safety.
Disclosure: I am currently holding WLD, and this may influence my personal outlook.
This analysis is for reference only and should not be considered financial advice.
I expect WLD to extend its pullback toward the two support levels at $1.523 and $1.40. At the moment, I am looking for an exit price to close 50% of my WLD holdings to ensure safety.
Disclosure: I am currently holding WLD, and this may influence my personal outlook.
This analysis is for reference only and should not be considered financial advice.
Note
Update 1: WLDUSDTPrice touched the first support and quickly bounced with solid buying pressure. I hesitated and did not re-enter, so this may turn out to be a failed trade for me. Nevertheless, I respect my decision and will use the capital I secured to look for opportunities in another coin.
Note
Update 2: Target 1 ReachedTrade fermée: cible de profit atteinte
Hello, target reached, I close this chart.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.