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By tradinglounge · Posted
WTI Elliott Wave Analysis Crude oil prices remain sideways below $73 as momentum shrinks. A bearish breakout is more likely toward $60, However, the commodity will have to breach the $64-62 price zone which may offer support at some point. WTI Daily Chart Analysis In the long term, the price is still correcting the impulse rally between April 2020 and March 2022 which saw the commodity reach almost $131. Thus, the decline from March 2022 is evolving into a double-zigzag corrective structure. Wave ((W)) finished at $63.5 in May 2023 with a triple zigzag structure before a sideways triangle structure ended wave ((X)) at $84.5 in July 2024. Thus, the decline from $84.5 (July 2024) is expected to be for wave ((Y)). However, it’s still in the early stage. Price completed wave W of (W) of ((Y)) in September 2024 and then the corresponding wave Y in October 2024. Price is now in wave Y of (W) which is incomplete and has the potential to reach $61-57. H4 Chart Analysis On the H4 chart, the price is currently in wave (b) of ((y)) of Y if 72.96 continues to hold. However, a breach of 72.76 will make us consider a new potential top for ((x)) if the price remains below the 78.45 invalidation level. For as much as the price stays below 78.45, the potential for more downside is higher than the upside. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here! -
By tradinglounge · Posted
V Elliott Wave Analysis Trading Lounge Visa Inc., (V) Daily Chart V Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave 5 of (1). DIRECTION: Upside in wave 5. DETAILS: We are looking for a potential extension in Minor wave 5 as we are trading above Trading Level 3 at 300$. Visa Inc., (V) 1H Chart V Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave {iii} of 5. DIRECTION: Upside in wave {iii}. DETAILS: Looking for upside into wave (i) of {iii} as we can identify a three wave move into wave {iii} which ended right above 300$. This analysis of Visa Inc., (V) focuses on both the daily and 1-hour charts, using the Elliott Wave Theory to assess current market trends and forecast future price movements. * V Elliott Wave Technical Analysis – Daily Chart* Visa's daily chart shows the stock is in wave 5 of (1), continuing its impulsive move upward. The price is trading above TradingLevel3 at $300, indicating strong bullish momentum. There is potential for an extension in Minor wave 5, which could push prices higher as the uptrend progresses. * V Elliott Wave Technical Analysis – 1H Chart* The 1-hour chart shows Visa is in wave {iii} of 5, with a clear three-wave structure within this wave. The stock has maintained strength, holding above $300. We are currently looking for further upside into wave (i) of {iii}, continuing the bullish trend. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here! -
By cryptostar · Posted
Raydium (RAY) has been making headlines, outperforming Uniswap in trading volume and solidifying its position in the DeFi space. Currently priced at $5.20, RAY has surged by 13.17% in the past 24 hours. As Solana’s decentralized exchange (DEX) dominates the market, Raydium’s unique features, low transaction fees, and growing adoption are driving its upward momentum. If RAY maintains its upward trajectory and capitalizes on the growing demand for decentralized exchanges, hitting $11 is possible. What is Raydium ? Raydium (RAY), an automated market maker (AMM) built on the Solana blockchain, is making waves in the decentralized finance (DeFi) world. With its unique features, such as yield generation and liquidity pools, Raydium offers users the ability to trade digital assets efficiently. What makes Raydium stand out is its integration with the Serum decentralized exchange (DEX), which allows users to convert their deposits into limit orders on Serum’s order books. As the Solana blockchain continues to grow in popularity, Raydium is positioned to benefit from its speed and low fees. In a recent report by Messari, Raydium crypto outperformed Uniswap in monthly trading volumes for October and November 2023. In November, Raydium’s trading volumes were 30% higher than Uniswap’s, reaching $30 billion in transactions. Raydium benefits from Solana’s fast, low-cost transactions, making it an attractive choice over Ethereum-based Uniswap, especially during times of high network congestion. Raydium crypto success can be attributed to its growing role in the Solana ecosystem, where it captures over 60% of daily DEX volume. This dominance is helping Raydium become a go-to platform for DeFi applications and emerging projects within the Solana network. Raydium price has seen increased market interest after outperforming Uniswap in monthly trading volumes. Currently priced at $5.20, it boasts a market cap of $1.6 billion and 24-hour trading volume of $115 million. This growth reflects confidence in Raydium's dominance within Solana's decentralized finance ecosystem. Source - Coinpedia market For an in-depth analysis of Raydium price potential future movements, check out our detailed Raydium price prediction and see what experts are saying about its upcoming market trends. With its strong performance and innovative technology, Coinpedia data analyze that Raydium crypto is set to reach $11, positioning itself as a major player in the DeFi sector. As the competition between Raydium and Uniswap intensifies, both platforms will likely push for greater interoperability and improvements to better serve the DeFi community. Raydium coin rapid growth signals a promising future in the decentralized trading space.
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Question
Guest Savvyscot
why am i unable to delete working orders?? Markets are unlongable but what has this got to do with my long working orders which i am trying to delete?
1 answer to this question
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