Worldcoin chart analysis
WLD correction went down to FIB 50% with kind of double bottom
Afterwards we saw a massiv #bullish pump and reached FIB 127.2% extension - RSI not shown but extreme overbought
Since over 96% of all addresses are in profit a correction is very likely IMO๐
Afterwards the FIB 161.8% at $12.75 is a reasonable next target
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
WLD correction went down to FIB 50% with kind of double bottom
Afterwards we saw a massiv #bullish pump and reached FIB 127.2% extension - RSI not shown but extreme overbought
Since over 96% of all addresses are in profit a correction is very likely IMO๐
Afterwards the FIB 161.8% at $12.75 is a reasonable next target
Comments๐ญ, Likesโฅ๏ธ & Follow๐ appreciated๐ค
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
WLD consolidation in a triangle pattern with bullish breakout potential to FIB 161.8%
We have seen a notable profit taking from 96% to now 70% of all addresses in profit
Also the RSI is clearly in normal condition
Looks like the next leg up is loading - more likely IMO
Break to the downside will bring us to ~$5
Comments๐ญ, Likesโฅ๏ธ & Follow๐appreciated๐ค