This is my personal analysis. The chart shows the H4 and Daily timeframes for $WLD . The price has broken out from the first H4 resistance and is now retesting and attempting to break the second H4 resistance. If it successfully breaks the second H4 resistance, it will approach the daily resistance. Should it break through both resistances, we could see the price rising to the $2.8โ$3.1 range.
This is my personal analysis. The chart shows the H4 and Daily timeframes for $WLD . The price has broken out from the first H4 resistance and is now retesting and attempting to break the second H4 resistance. If it successfully breaks the second H4 resistance, it will approach the daily resistance. Should it break through both resistances, we could see the price rising to the $2.8โ$3.1 range.
On October 22, I published this chart, and many were skeptical about what I was talking about. "I share it and u can check the link i left in attachment."
Now, this scenario is highly likely, and everything is unfolding as shown in the chart below.
You can clearly see the Wyckoff Distribution pattern already formed, and so far, price movements align significantly with the illustration provided.
Currently, the price has returned to the distribution zone, hitting the "failed rally point" . All of this appears to have been a trap.
And why not?... SOL is one of the largest coins in the market by market cap. Everyone is expecting SOL to achieve x3 or even x10. This makes it entirely logical for the price not to move higher amidst this level of optimism.
Iโm not entirely pessimistic, but I view things from a purely logical perspective. This pattern is not yet confirmedโwe need a massive red candle closing below the distribution zone to confirm it. However, the price movement so far is perfectly aligned with the Wyckoff Distribution logic.
If a close below this red zone happens, consider it a signal to exit the market entirely." #BTCNextMove #FranklinCryptoETF #BinanceAlphaAlert
there's been a huge spike, correction, v-formation, break out. I am getting in at the pull back for a tp2
๐จ๐จ ๐Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! ๐๐ธ
Binance Square Family...โค๏ธโ๐ฅโค๏ธโ๐ฅ I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help. I appreciate your support!
Long entry 75-78 Buy long term spot/future Leverage max 5 Stop loss 69 Targets 85 88 92 95 109 More targets 130,150,185 Note Its not a financial advice
#btc Short Entry 69300-70200 Targets 68500 68000 67800 67500 67000 66500 66000 65000 64000 63000 62000 61000 60000 Sl๐72200 Its not a financial advice Please use low leverage prefer max 10 When profit use trial Sl also