WLD/USDT — Bullish triangle breakout (1H)WLD formed a symmetrical triangle after a sharp advance. The price has broken above the triangle’s descending trendline with bullish follow-through candles. Buyers have been defending the rising lower trendline, and RSI has recovered from mid-range to ~59 — momentum is building but not overbought.
Key observations
Pattern: Symmetrical triangle → breakout to the upside on the hourly chart.
Candles: Breakout candle followed by bullish follow-through; watch for a clean retest of the breakout trendline as confirmation.
Momentum: RSI ~59 (room to run).
Support: 1.53 (strong demand area and triangle base).
Immediate resistance cluster: 1.87 → 2.02 → 2.23.
Trade plan (if you choose to take it)
Entry: 1.65 – 1.70
Stop loss: 1.53 (invalidation of triangle breakout)
Targets:
T1: 1.87 — Expected profit ≈ 10.00% – 13.33% (entry 1.70 → 1.65).
T2: 2.02 — Expected profit ≈ 18.82% – 22.42%.
T3: 2.23 — Expected profit ≈ 31.18% – 35.15%.
Risk if stopped: loss ≈ 7.27% – 10.00% (depending on entry within the range).
Risk notes / invalidation
Loss of 1.53 would invalidate the breakout and likely push price back to lower supports; treat 1.53 as the key invalidation level.
Ideal confirmation: retest of breakout trendline with clean rejection and/or volume confirmation.
Not Financial Advice | DYOR !!
