🚀 TornadoCash $TORN skyrockets 20%. Candlestick signals recorded 2 peak data & some notable info.

By Candlestick | Candlestick | 30 May 2022

Net Buy Amount

- Net buy hit a 3-month high, a surge of 3,717%.
- Strong buying on DEX fueled the uptrend.

Real-Time Metric👇
https://candlestick.io/crypto/tornado-cash/dex-trading/net-buy-amount/

Turnover Rate

- Turnovers surged 600% & recorded a 3-month high.
- It indicates that $TORN trading on DEX is widespread and active.

Real-Time Metric👇
https://candlestick.io/crypto/tornado-cash/dex-trading/turnover-rate/

Learn how to use the Turnover rate to validate an uptrend
https://candlestick.io/blog/trader-tips/validate-crypto-uptrend/

Tips for $TORN traders.

Net Buy Amount indicator proved the golden rule for Swingtrading again:
- Entry: Net Buy ⬆️ and positive but price ⬇️
- TornadoCash Net buy indicated 2 entry timing at 10 am & 2 pm on May 29 resp.

CHK this article to know more:
https://candlestick.io/blog/trader-tips/crypto-entry-exit-time-strategy

Sth need to watch:

$TORN Trading Volume with Size Distribution
- Vol increased 515%. 27% are large trades.
- Compared with a previous peak on Mar 3 that pushed the price to $56, the volume on May 29 is smaller.

TornadoCash Real-Time Vol👇
https://candlestick.io/crypto/tornado-cash/dex-trading/turnover-rate/

Resources

https://www.candlestick.io/crypto/tornado-cash/dex-trading/net-buy-amount/

Cryptocurrency Crypto CryptoTrading tornadocash torn

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Candlestick

Crypto Trading Signals & Analytics for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 20+ Smart Money Charting, 99% of Trades & Liquidity Activities.

Candlestick

Crypto Trading Signals & Predictions for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 40+ Smart Money Charts, 99% of Trades & Liquidity Activities.