Trade WLD in Futures Market at CoinDCX
Issued on: 26th July’23
Valid upto: 28th July’23
Category: Infrastructure
Market Cap: $261,431,312
Price Update:
WLD price at the time of writing (26th July, 17:15) is $2.3640, with a 24-hour trading volume decreased by 19.56% to $368,124,430. WLD price is up by 16.46% in the last 24 hours according to coinmarketcap.com.
Source: TradingView
Analyzing the above chart:
- Bearish RSI Divergence (30Minute), Falling volume and Bearish pattern confirms that we can see a downfall in WLD.(very short term)
- A Short Trading strategy can be assessed between $2.3840-$2.3575 with an invalidation above $2.4728
- On the downside, one can see a fall of 7-8% toward $2.2028 (valid for 2 days)
- It would seem that one should maintain a balanced risk-to-reward ratio and check the use of leverage and position size to ride out current market conditions.
Note: WLD is now available in the futures market in both Go and Pro apps with up to 15x leverage.
LAST 30 DAYS ANALYSIS SUMMARY:
| DATE | TOKEN | Strategy (Long/Short) |
TOKEN RETURN% | TOKEN RETURN % (with 8x leverage) |
BTC RETURN% |
| 27-June | CFX | Long | -3.99% | -31.90% | -1.65% |
| 29-June | AAVE | Long | 26.89% | 215.09% | 0.21% |
| 29-June | MTL | Long | 11.97% | 95.80% | 1.77% |
| 30-June | ETH | Long | (not considered) | – | – |
| 04-July | FTM | Long | –5.93% | -47.44% | -2.94% |
| 04-July | LRC | Long | -5.33% | -42.64% | -4.02% |
| 05-July | APT | Long | -3.72% | -29.76% | -2.22% |
| 06-July | SOL | Long | 30.59% | 244.72% | 2.69% |
| 11-July | MATIC | Long | 13.69% | 109.52% | 3.77% |
| 12-July | DOT | Long | 9.87% | 78.96% | 1.82% |
| 13-July | BEL | Short | 12.78% | 102.28% | -2.98% |
| 20-July | STX | Long | -3.62% | -28.98% | -4.36% |
| 21-July | SAND | Short | Trade is live | – | |
| 25-July | DOGE | Long | 6.97% | 55.76% | 0.36% |
| AVERAGE RETURN | 7.51% | 60.12% | -0.63% | ||
| SUCCESS RATE | 58% |
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