Some History, so that we know what we are talking about: Thorchain is a decentralized liquidity protocol that allows users to easily swap assets across different blockchains in a permissionless and trustless manner. It enables cross-chain decentralized finance (DeFi) transactions by providing liquidity pools for various cryptocurrencies, allowing users to...
As we talked in the previous analysis: The price has pulled back to The Resistance Line. At the moment, the market broke the resistance level (1.08375 - 1.08851). This key level becomes a new support level ! So, I expect a bullish move 📈 ---------------- TARGET: 1.09460🎯
Yesterday we settled above the volume zone of $68,200-$67,200 for Bitcoin , punched through the zone with a volume cluster ($69,300), and reached our sell zone of $70,000-$70,400 (local volume zone), from which we bounced and are now trading lower. Currently, the largest volume fillings were at the price of $69,000, a consolidation above these prices will open up...
The Japanese Yen continued to weaken on Thursday, even as economic data showed a positive trend. The Tokyo Consumer Price Index (CPI) increased to 2.2% year-over-year in May, up from April's 1.8%, which marked a 26-month low. In addition, Japan’s Retail Sales (YoY) grew 2.4% in April, accelerating from a downwardly revised 1.1% rise in March and surpassing market...
The USD/CHF pair experienced notable selling pressure around the 0.9100 mark on Thursday during early European trading hours. This downward movement was primarily driven by the Swiss Franc (CHF) gaining traction following the release of a stronger-than-expected Gross Domestic Product (GDP) report for Switzerland in the first quarter (Q1) of 2024. As a result, the...
LONG #PYTHUSDT from $0.4323 stop loss $0.4 4h TF. The asset is moving in a downtrend. The "triangle" pattern was formed. We are waiting for a rebound from the support level of ~ 0.41 $ and further upward movement, breaking through the triangle. Earlier, there were similar scenarios on the chart. Opening the long
The EUR/JPY presents a compelling price action scenario with notable opportunities. Recently, the pair encountered strong absorption at the 171.500 level, evidenced by a significant spike indicating substantial seller presence in this price area. This absorption led to a pronounced bearish impulse driving the price down to the 164.000 level. Since then, the price...
USD/CAD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3724 which is a swing-high resistance that aligns with the 100.0% Fibonacci projection level. Stop loss is at 1.3754 which is a level that sits above a swing-high resistance. Take profit is at 1.3681 which is a pullback support. ...
Initially, looking at the Weekly timeframe chart, it could be noted that the price has been unable to continue pushing in the upside destination for more than 2 weeks now. Leaving huge wick candles in the upward direction, the market structure is making it relatively evident that bearish waves could kick in and drive the price towards the target region mapped on...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETC has been overall bullish , trading within the rising wedge in blue. Currently, ETC is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting strong support zone marked in green. 🏹 Thus, the highlighted...
OPEC and allies including Russia, have been implementing a series of supply reductions since late-2022, which have helped support oil prices and on Sunday they agreed to prolong those curbs . Around 3.66 million barrels (mbpd) of cuts that were due to expire at the end of the year were rolled over into 2025. The most recent tranche of 2.2 mbpd that would expire...
Based on the current trend, i'm expecting notion to continue the trend targetting rm2.0
USNAS100 Tendency the price is under bearish pressure between 18,680 and 18,750 Turning level : The turning level between 18,680 and 18,750 so as long as the price below this level, there will be a bearish trend resistance level : Breaking the turning level 18,750 , the price will up to 18,895 support level : The trading stabilizing below 18,680 the...
ATGL 4H TIMEFRAME PROJECTION The trend is bullish for ATGL
Hello everyone, nice to meet you! Came to buy BTC A symmetrical triangle pattern formed, then it approached the resistance mark and decreased to the support area of 68,500. BTC is generally still accumulating for the next price increase according to DOW theory with strong buying pressure. 34 EMA is a Long Term Moving Average and we can see BTC rejected...
hi. i will add more and last sell postion from this area . because i keep my strategy
Yes, you're still on time, look at the green buy-boxes. The retracement in Filecoin is still high, is stull buy every moment it dips until it climbs up -90% from previous highs.
During the last seven trading sessions, the S&P 500 has formed two candle patterns. With these patterns directly opposing each other, let’s explore which pattern is best placed to win out over the coming weeks. Start with the Bigger Picture Before we get into the individual price patterns, it is always a valuable exercise to zoom out on your price chart and...