This chart shows the WLD/USDT pair on a 1-day timeframe. The price is forming an ascending wedge pattern, often seen as bullish.
This 1-day chart shows the WLD/USDT pair. The coin has been forming an ascending wedge pattern, which is usually considered bullish. After a recent pullback, the price found support at the lower trendline. A breakout to the upside from the wedge could lead to a strong move up, with a 137.55% target projection shown on the chart. The EMA Ribbon shows the bearish trend weakening, as the price is staying close to it. Increasing volume on a breakout would confirm bullish momentum. For a clear bullish signal, traders should look for a breakout and sustain above the resistance zone.
A tweezer top candlestick pattern played out well, BTC.D dumped hard and this is positive for the overall market. ( Join my Binance live for premium crypto signals )
Entry: Around 2.224 ( Join my Binance live for premium crypto signals )
TP: 4.940
SL: hold $WLD
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