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In this analysis, I want to review the WLD coin for you. It’s one of the Privacy and Identity coins with a market cap of $1.5 billion, ranked 55 on CoinMarketCap.
⏳ 4-Hour Timeframe
In the 4-hour timeframe, a ranging box has formed for this coin between the 0.855 and 0.969 zones, and it’s been fluctuating within this range for several weeks.
📊 Volume is gradually decreasing within this box, which could indicate that a move is approaching.
⚡️ For now, we can say the volume slightly favors buyers, as the green candles have more volume than the red ones. Additionally, the size and strength of the green candles are greater, which increases the likelihood of the box breaking upward.
📈 If the price moves up toward the 0.969 zone with increased volume, we can enter a long position upon breaking 0.969.
✔️ Alternatively, if the price is supported at the 0.855 bottom, we could also open a long position—but it’s riskier, and in my opinion, not worth it. It’s better to wait for the main trigger to activate.
🔽 For a short position, if the price forms a lower high below 0.969 and then moves toward 0.855, we can open a short if 0.855 breaks. The next support zone would be 0.795.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
In this analysis, I want to review the WLD coin for you. It’s one of the Privacy and Identity coins with a market cap of $1.5 billion, ranked 55 on CoinMarketCap.
⏳ 4-Hour Timeframe
In the 4-hour timeframe, a ranging box has formed for this coin between the 0.855 and 0.969 zones, and it’s been fluctuating within this range for several weeks.
📊 Volume is gradually decreasing within this box, which could indicate that a move is approaching.
⚡️ For now, we can say the volume slightly favors buyers, as the green candles have more volume than the red ones. Additionally, the size and strength of the green candles are greater, which increases the likelihood of the box breaking upward.
📈 If the price moves up toward the 0.969 zone with increased volume, we can enter a long position upon breaking 0.969.
✔️ Alternatively, if the price is supported at the 0.855 bottom, we could also open a long position—but it’s riskier, and in my opinion, not worth it. It’s better to wait for the main trigger to activate.
🔽 For a short position, if the price forms a lower high below 0.969 and then moves toward 0.855, we can open a short if 0.855 breaks. The next support zone would be 0.795.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
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🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.