Worldcoin (WLD): Weekly tf-update through candlestick reading

I shared this same chart recently yet wanted to give you an update to show something good that is happening.

We know the weekly timeframe is especially powerful when it comes to technical analysis because it contains lots of data, seven days of trading.

WLDUSDT has been trading at the bottom now for three weeks and the present pattern clearly reveals what is going to happen next. This chart setup can be approached with leverage with very low risk, 3-5X can be safe.

This week we have a full engulfment of the previous week. The week prior to last week is also a full bodied candle. The pattern goes like this: A full green candle followed by a full red candle then another full green candle, the present week.

When you get the first full green candle followed by a red one, the red one can be interpreted as a rejection and lower prices certainly. But, when the next candle turns full green again with a slight higher high, which is just a detail, reveals that the previous candle was negated, a failed signal. This gives double-strength to the current session which points to higher prices.

This is all candlestick reading of course.

This is happening at bottom prices, at true all-time lows because it came up last week at $0.2267. The all-time low range, the extreme opportunity buy-zone, was activated late March, so almost two months WLD trading at the bottom.

From here on, we can see growth.

Confirmation is needed in some cases, but we can preempt what is going to happen by looking at the rest of the market. We know the market as a whole is going up. Since Worldcoin was crashing hard when the market was bearish, it can grow fast and strong when the market moves up.

Namaste.