COIN NAME : $WLD
SIGNAL TYPE : LONG
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1) WLD on a 4-hour timeframe, and it outlines a potential long trade setup based on the following analysis . The price is moving within a descending channel, defined by two parallel yellow trendlines sloping downward.The white zigzag lines highlight the price movement within the channel, touching the upper and lower boundaries.The expected move (white arrow) indicates a possible bounce off the lower trendline of the channel, followed by an upward move toward the upper trendline.Price has recently tested the lower boundary of the descending channel and bounced slightly.The setup suggests a potential long entry near the lower boundary of the channel to capitalize on the expected upward move.RSI is currently around 48, close to neutral but showing a slight upward curve.This suggests room for the price to move higher before becoming overbought.
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ENTRY PRICE : 1.006 (or market price)
1st tp: 1.084
2nd tp: 1.132
3rd tp: 1.175
Leverage: 10x