💎 WLD has recently demonstrated noteworthy market dynamics, experiencing a significant 300% upward movement after breaking out of a descending channel.
💎 However, signs of weakness are now apparent, with WLD potentially entering a retesting phase at the support level previously acting as resistance at the all-time high (ATH).
💎 There's a probability that WLD could also touch the Bullish Order Block (OB) before resuming its upward movement and retesting the Bearish OB area.
💎 The Bullish OB represents a critical area for WLD, as a bounce from this level is essential. However, if WLD breaks below the Bullish OB, it could signal a reversal to a bearish trend, resulting in continued downward movement for WLD.
💎 However, signs of weakness are now apparent, with WLD potentially entering a retesting phase at the support level previously acting as resistance at the all-time high (ATH).
💎 There's a probability that WLD could also touch the Bullish Order Block (OB) before resuming its upward movement and retesting the Bearish OB area.
💎 The Bullish OB represents a critical area for WLD, as a bounce from this level is essential. However, if WLD breaks below the Bullish OB, it could signal a reversal to a bearish trend, resulting in continued downward movement for WLD.
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.