Why Thorchain Market Has Completely Fell Off Following The High! We're Still In A Massive Downturn Across The Space

Where the buyers are at they are not allowing the sellers to break price the idea was for us to still see price go down.i'm trying to prepare you all and say i really don't see any indications you know the sellers have a major weakhold at 2.47 dollars.the market in thorchain has completely fell off following the high.

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People try to make this confusing they try to make it hard.we can actually see where thorchain was having problems.we're coming back down and we need to say as long as the price in thorchain maintains his price.we can at least expect price to trade range.we can expect because we know that the sellers pump.

the brakes there at 2.5 dollars and the buyers definitely came in it's still mixed in with some selling i'm not trying to tell you the price won't go up we're still in a massive downturn across the space i think the price will go down it will dip but as of this particular moment i'm not going to change my price for this i'm going to continue to look forward to add on going up.

If we don't see the price trade above 2.5 dollars.we'll have to come in and reevaluate the situation because it simply means the buyers probably have gone they left and if they leave then the market is going to fall.we kind of encompass a little bit more days in the market.

I'm not going to change it i'm going to leave it alone.i'm not necessarily sure where i have my price targets.we need to come in and reevaluate the situation and say it is increasingly looking likely that thorchain is going to fall in price.

The sellers are positioned around 2.43 dollars and the buyers are around 2.45 dollars this is where the war is being waged this is how price is going to trade until one of those restriction the market in thorchain is going to do.

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