- an uptrend in 1d timeframe retraced to 0.618
- completion of 5 waves in 4h timeframe
- (1B) formed, confirmed by the break of downward trendline
- support at 7.5 tested 3 times but broken with huge volume
- the support instantly recovered with even higher volume, forming the (2B)
- resistance at 8.2 was broken too at the same time
- ThorChain's speculative multiplier was as low as 3.66
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.