Technical analysis regarding the price of THORCHAIN in relation of dollar Binance for the next scenarios, based on 4 hour movement.
Price forming rising funds / tops, with the Exponential Moving Averages of 34 and 89 periods driving the price and, it is walking respecting this upward channel.
By projecting a FIBONACCI in that leg that the price gave, I manage to obtain the levels where the price can reach!
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***