Thorchain Coin Is Going To Be More Valuable Market Again Going Bullish Way

avatar
(Edited)

The market in thorchain is bullish not at all the market is broken look at this.we've seen the price in thorchain from the high was created.we've seen the price come all the way down 4 percent.we need to try to see where are the buyers my attention seeing we're trading around 2.7 dollars in thorchain.
images  20220604T012151.382.jpeg
source
It's going to be around 2.7 dollars.we need to try to see the buyers are going to be located there because if the buyers were above this particular level.i've circled we would have seen the market already hold support we would have seen the price stop falling but we haven't seen it we got to move our attention to that circle.

I've just created now we have broken the trend as well in thorchain.we're not going to be bullish we're not in a trend anymore into the market in thorchain.we're not in a upward trend we're definitely in a downtrend.we're definitely entrenched in a downtrend into the marketing thorchain a very strong downtrend.
RUNEUSD_20220603_235930.png
The overall market is pretty much obeying this downstream because every time.we won't see price in thorchain go from 2.69 dollars and it cannot go up to 3 dollars.we can see the price go down 5 percent and people are gonna be excited.they're gonna their emotions gonna kick in the move going down.

When the market will come back down like this how this game is meant to be played.we're still seeing some weakness the volume is increasing as well.the buyers are going to come into the market in thorchain initially like around 2.8 dollar.

We've already seen the price in thorchain all the way down.you're trying to be a buyer into the market this is not the chart.you want to see because this is not bullish.i'm going to maintain the bearishness into the marketing thorchain until. we see the market either break to the upside or around this level .

Posted Using LeoFinance Beta



0
0
0.000
2 comments
avatar

It looks Thorchain will suffer a little more toward downtrend. Let's hope market comes to stability soon.

Posted Using LeoFinance Beta

0
0
0.000