it would be good to wait for the divergent to avoid getting caught in the manipulation of the algorithm

$WLD in a one-week timeframe to see longer-term, the downward trend is evident but the RSI is in oversold territory indicating the exhaustion of the downward movement and the MACD is not as low as in the previous retracement suggesting that a price consolidation period may be coming before shifting to an upward trend.

In a one-day timeframe, which allows for a more detailed view of the movement, it has been 6 days since the PinBar candle and high volume up to today where the price has been consolidating. It is also important to note that the RSI and MACD are in oversold territory which suggests that the WLD may increase in price. A resistance zone for the price is at 2 - 2.1 USDT.

A very important point is that yesterday was a positive Doji candle (indecision) indicating that the downward trend has lost strength. It may be a moment of price consolidation or a trend change. #renielsTuCanal