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By iamcryptic · Posted
A new GameFi token called Legend of Arcadia is trending, bringing together the best of traditional gameplay and Web3 GameFi 2.0 elements. This multi-chain, free-to-play, play-to-earn strategy card game emphasizes an immersive experience with deep strategic elements, allowing players to assemble and upgrade unique character cards, each with distinct abilities. Set in a rich fantasy world, players engage in strategic battles, complete quests, and earn in-game assets, including NFTs. Beyond gameplay, Legend of Arcadia offers multiple income streams, enabling players to increase yields through staking, battling, and mining. The token generation event is scheduled for today, and the token will be available on Bitget’s PoolX. I believe this game is promising new entry into the GameFi space, accessible for both traditional gamers and crypto enthusiasts. -
By tradinglounge · Posted
USDCHF Elliott Wave Analysis - Trading Lounge U.S. Dollar / Swiss Franc (USDCHF) - Day Chart USDCHF Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Navy Blue Wave 2 Position: Gray Wave 3 Next Higher Degree Direction: Navy Blue Wave 3 Details: Navy Blue Wave 1 is complete; Navy Blue Wave 2 is currently in progress. Wave Invalidation Level: 0.83765 The USDCHF daily chart's Elliott Wave analysis highlights a counter-trend corrective structure, centering on Navy Blue Wave 2, which follows the completion of the preceding impulsive Navy Blue Wave 1. This corrective phase, Wave 2, signals a temporary consolidation or retracement within the larger trend. Positioned within Gray Wave 3, this movement suggests a pullback that allows for market adjustment before the anticipated trend resumption. According to Elliott Wave theory, corrective waves like Navy Blue Wave 2 typically offer brief counter-movements against the primary trend, presenting a pause or retracement. Upon concluding, the primary trend is likely to continue with Navy Blue Wave 3, indicating further upward momentum in line with the direction established in Wave 1. The wave cancel level is crucially set at 0.83765. A price movement below this threshold would invalidate the current wave structure, possibly indicating a deviation from the anticipated pattern. Sustaining price action above this level maintains the integrity of the corrective wave and the transition into the expected Navy Blue Wave 3, aligning with the broader bullish trend. This analysis underscores the significance of Navy Blue Wave 2 in preparing for the next phase. Should this corrective phase resolve without breaching the invalidation level, it opens the potential for the next impulsive wave, consistent with the higher-degree Navy Blue Wave 3. This setup hints at a bullish outlook post-consolidation, contingent on validation at the key wave cancel level. U.S. Dollar / Swiss Franc (USDCHF) - 4-Hour Chart USDCHF Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Navy Blue Wave 2 Position: Gray Wave 3 Next Higher Degree Direction: Navy Blue Wave 3 Details: Navy Blue Wave 1 is completed; Navy Blue Wave 2 is currently active. Wave Invalidation Level: 0.83765 The USDCHF 4-hour chart Elliott Wave analysis reveals a counter-trend corrective pattern, with Navy Blue Wave 2 actively unfolding after the completion of Navy Blue Wave 1. This structure suggests a period of consolidation that may precede a resumption of the primary trend in the upcoming wave phase. Gray Wave 3 is nested within this corrective Navy Blue Wave 2, indicating a potential pullback or sideways price movement typical of corrective phases. Elliott Wave theory posits that such corrective waves counterbalance the dominant trend, offering a period of retracement or consolidation that sets the stage for the next impulsive move. The next higher degree move is projected as Navy Blue Wave 3, expected to resume the primary trend upon the conclusion of this corrective phase. This shift would likely align with the upward direction seen in Navy Blue Wave 1, implying that Navy Blue Wave 2 is a preparatory phase leading into further trend continuation. The wave cancel level, defined at 0.83765, serves as a key threshold for the current wave count. Should the price drop below this level, it would invalidate the current structure and may indicate a divergence from the projected wave pattern. Maintaining price above this level supports the validity of Navy Blue Wave 2 and sets up for a continuation into Navy Blue Wave 3, suggesting further potential upside following this corrective phase. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here! -
By tradinglounge · Posted
ASX: RESMED INC - RMD Elliott Elliott Wave Technical Analysis TradingLounge Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with RESMED INC - RMD. We see RMD preparing to move up with the third wave. ASX: RESMED INC - RMD 1D Chart (Semilog Scale) Analysis Function: Major trend (Minor degree, grey) Mode: Motive Structure: Impulse Position: Wave ((iii))-navy of Wave 3-grey Details: Wave ((ii))-navy may have ended, and wave ((iii))-navy is unfolding to push higher. It is possible that wave ((iii))-navy is unfolding to push higher, towards the next target at 40.00 – 50.00. Invalidation point: 34.19 ASX: RESMED INC - RMD 4-Hour Chart Analysis Function: Major trend (Minuette degree, navy) Mode: Motive Structure: Impulse Position: Wave (iii)-orange of Wave ((iii))-navy Details: Wave ((iii))-navy is probably unfolding since 34.19, and it is probably subdividing into wave (i),(ii)-orange, basically wave (ii)-orange can push down a little bit further, aiming at the target around 36.05 - 35.24, and then wave (iii)-orange can return when price pushes higher than wave B of wave (ii)-orange. On the contrary, if price continues to break through 35.24, it will immediately trigger the ALT replacement scenario, indicating that the whole wave ((ii))-navy is not really completed and needs to push down further. Invalidation point: 34.19 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: RESMED INC - RMD aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Tags: #ASX #Stock #ALL #ElliottWave #TradingLounge #ASX200 #ASXStocks
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Guest Du Toit
How do i change the currency from GBP to AU dollar on my int acc? Can i fund my int acc from my dom acc?
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