WSD / USD(T) price action and smart money analysis

28 בספט׳ 2023
SMART MONEY market structure



4 Hours time frame
- Elliott waves indicator shows an interesting uptrend
- GMMA Index is maintaining the bullish trend (red line at the top)
- GMMA Oscillator started the uptrend


QUANTITATIVE VOLUME ANALYSIS



SMART money are getting in constantly , however,
- VAS is showing a down trend and correlated with GMMA likely a retail investor dump(last purple bar) against the more recent order blocks seen in the last 24 hours at the time of this writing (1 Hour time frane)



Adaptive moving average indicator:
AMA is showing the continuation of a bullish uptrend (green portion of the above chart)

On the 4 hour time frame the situation looks still bullish:



Fundamental analysis made by a newbie in trading:

- WLD is backed up by Open-AI minds which at present are looking for public market exposure
- Controversial privacy concerns against WSD due to the way the wat the coin is incentivized
- Strong technical team behind the project
- Slightly correlated to the BTC price action (excluding the first 15-20 days of market participation due to airdrop pump and dump price action)
- The coins since to attract lot of attention with large bullish order block post airdrop / pump and dump initial entrance

Outcome:
- Worse case forecast: potential price target in the next 15 days - 4 months time frame period is around 4.2 to 5 USD(T)
- Best case forecast: potential price target in the next 25 days - 6 months time frame period is around 40 52 USD(T)