Wldusdt trading idea

2월 12일

WLD initially formed a rising wedge, a well-known bearish reversal pattern, within the External Supply Zone. The break below the wedge triggered a significant drop, pushing price through the Supply Zone before finding support in the Critical Demand Zone, which also aligns with a key Fibonacci retracement level.

Currently, price is developing a falling wedge, a typical bullish reversal structure, suggesting potential upside momentum. A breakout above this wedge could confirm trend reversal, with the first key target around $4.029, aligning with the Supply Zone. If momentum sustains, the next major resistance stands at $11.424, near previous structural highs.

With RSI showing signs of reversal from oversold territory, will this bullish setup play out?

4월 26일

액티브 트레이드

Price re-gain back above our previous accumulation zone, this is very bullish we anticipate a potential immediate test on the top boundary of the channel as shown on the chart here.

5월 16일

노트

Price still holding within the descending channel.

8월 9일

노트

10월 28일

노트

The previous re-accumulation zone still valid, ignore the wick