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0.7 dollars can't stop it at all! $WLD is rushing toward 1 dollar, and the bears are lining up to "send money"!
"The trend is here, and you can't stop it even if you try!" WLD broke through the 0.7 dollar ceiling with a single strike, and the bears are crying in the bathroom. Looking at the one-hour chart, the price is skyrocketing like a rocket, with moving averages lined up neatly. Even more deadly is the liquidation map, where near 0.7, bears are densely wiped out, only able to cut losses and buy back, which actually pushes the price even higher.
The news also supports this, having doubled since the low in May, with the main force's cost basis between 0.45-0.55. Now it's all profit, and the willingness to sell off is not strong.
Trading suggestions:
Long positions near 0.68-0.6, watch for 0.8-1.0;
Short positions near 0.95-1.0.
My view: This wave is a hard push by funds, and bears are just fuel. 1 dollar is not a dream.
#TradFiCFD黄金大师赛 #AI芯片股集体爆发美光领涨