Have you noticed how nobody is talking about the short setup on $WLD right now?
Too many traders keep buying every bounce in alts and end up trapped when the move fails to materialize. That's how you lose money in this market, by only seeing one side of the trade.
Short $WLD from $0.5630 with a target down at $0.5120. If it rallies to $0.62, that's the level to add more shorts instead of covering. $BTC and $ETH can stay mixed, but the relative weakness here is obvious.
The plan is simple and the levels are clear. No need to overcomplicate what the chart is showing.
Where do you think this goes from here?
#WLD #CryptoTrading #Altcoins
Too many traders keep buying every bounce in alts and end up trapped when the move fails to materialize. That's how you lose money in this market, by only seeing one side of the trade.
Short $WLD from $0.5630 with a target down at $0.5120. If it rallies to $0.62, that's the level to add more shorts instead of covering. $BTC and $ETH can stay mixed, but the relative weakness here is obvious.
The plan is simple and the levels are clear. No need to overcomplicate what the chart is showing.
Where do you think this goes from here?
#WLD #CryptoTrading #Altcoins