Corn is a versatile crop. It is used in a variety of ways. Corn is a major source of food for humans and animals. It is also an input in industrial products, such as ethanol and plastics. According to the FAO, in the past year, over 1.1 billion tons of corn was produced worldwide. Gross production value stood at $192 billion, second only to sugarcane (1.8B tons)...
Corn prices have fallen 14% since the start of 2023. The latest USDA report points to further downside. Corn prices are expected to fizzle with expectations of a bumper harvest combined with tepid demand. The USDA expects a record harvest of 15.27 billion bushels. The 2023/24 forecasts signal rising corn supply boosting ending stocks to their highest level since...
FARM/BTC may be forming an adam/eve reversal pattern. It has a long way to go before confirming that and could head down further before turning up. OBV has been rising throughout its downtrend, and RSI has done the same - recently making a new low above 30, which is another indication of a possible reversal.
Quick 3 daily chart on FARM/BTC pairing: - RSI and OBV have been moving up as Harvest Finance moves down vs. Bitcoin. - Pattern confirmation would be a close and hold above the yellow neckline
Super quick post - FARM has a confirmed inverted HS on the daily chart. Targets on the chart, fails if we lose the neckline - halfway point to TP 1 lines up exactly with the 200 day EMA, which will likely act as a pit-stop as it begins moving up. Related longer-term bullish FARM chart below:
A ton of different alts making the same patterns. Smaller wedge breakout is headed towards the 200 day EMA (also halfway point towards TP 1) and then TP 1 and then 2. Smaller wedge reaches all its targets and remains above middle of W pattern, W pattern / double-bottom recovery begins and heads towards its TP 1 and 2 (with its halfway point to TP 1 equal to...
FARM has a couple of bullish signs here. First we broke out of a falling wedge a good while back, and then returned to the same area of lows starting what could be the beginning of a double bottom. For this to play out, first we need to get back above our most recent highs around ~$60. Should that occur, we could easily see ~90-120, and it's possible the...
This week has brought about news on the projected corn yields dropping marginally, which in turn, is pushing this beast into higher territory. As we check out the chart we can see we have a significant golden pocket that will act as the Berlin Wall for corn. Prices below the golden pocket will act as East Berlin, controlled by the soviets during the Cold War....
Low mc and very very low max supply of 490k due to some token burns I see this coin x20 from here and trading at 5k a coin and 1k coin within months
GRWG is still showing continue growth, its a key business for urbanisation and lowing carbon emsissions after a huge sell off I see a slight uptrend performing better than the nasdaq 1 Week +10% already earning profits and rising margins
FARM is still in the negative on its all-time chart. It has been making significant strides after a relatively quiet first year or so. Added to Coinbase, Binance, staking added, staking added via Coinbase wallet, etc. These things occuring after breaching its falling wedge on the daily and touching the bottom of its last major pivot area. May double bottom...
Farm's ready to go any day now. This coiled up monster is ticking. I believe this is the last stop in this channel as the bullish RSI divergence has gotten too strong and the bollinger bands have constricted even more. When a crypto consolidates this long, with as low of supply as Farm does (only about 600K tokens), and more than $420M value locked, the breakout...
Technicals: - Bullish divergence in RSI - Oscillator has outpaced the price signaling buy pressure building up and getting accumulated heavily here - Indicators have flipped bullish Fundamentals: - Undervalued based on total value locked. It's trading at just 0.25 fully diluted / TVL ratio. - Lowest market cap on Coinbase (just $120M fully diluted) I think this...
Something I would like to bring to your attention is the " Harvest Finance Project " Although might seem like a meme coin, with a large TVL, large team. It was able to survive all major dumps and as well hack attacks. This coin did break down in the last dump and broke the Triangle down. However, now that the market is recovering, we can see good gain and seems...
As we can see gold has been on a downtrend for the longest time, we broke the region that we currently on but price came back into a buying movement. However price failed to establish itself above the 1920 region, and for that reason I think that the presence of buyers in the GOLD market is weak, expecting sells to the downside
We see from the previous 2 touches on this zone that the buying pressure was no longer as strong as it used to be The most recent touch is a failed buy attempt, before price shot to the downside overcoming the zone Expecting price to continue falling
NAS100 has tested this area multiple times and for some time this area has been an area of buy liquidity It now seems that the buy liquidity is exhausted, anticipating some good sells going to the downside Price failed to return and establish itself above the zone in its recent movement, so it shows that price has a higher chance of not returning to its buy...
Watchlist Trading above 21EMA Steady uptrend since the start of 2020 Price reaching an area of resistance Watch if price can break through the 29c level