SGB
Songbird Network #SGB Songbird is the canary network for Flare, the blockchain built for universal connectivity. The first new blockchain interoperability primitive, Flare's State Connector, brings better bridging, full cross-chain composability and seamless decentralized integration with Web2 data. It allows Flare to come to consensus on external data, making it possible to trustlessly acquire and use information from both on- and off-chain sources, solving the oracle problem and opening the door to a new era of utility. Fast, decentralized and fully-insured bridges can connect smart contract chains multilaterally, unifying rather than fragmenting liquidity. Non-smart contract assets such as BTC, XRP and DOGE can be brought on to Flare, and put to work earning yield in DeFi. Decentralized applications can use the value, liquidity and information of multiple blockchains and seamlessly connect to Web2 data, all via a single deployment on Flare. Flare is a uniting force for blockchain, scaling Web3 for the next generation with native interoperability protocols that are high throughput, low fee and low carbon. Connect everything.
Songbird #SGB ideaSongbird is the canary network for Flare, the blockchain built for universal connectivity. The first new blockchain interoperability primitive, Flare's State Connector, brings better bridging, full cross-chain composability and seamless decentralized integration with Web2 data. It allows Flare to come to consensus on external data, making it possible to trustlessly acquire and use information from both on- and off-chain sources, solving the oracle problem and opening the door to a new era of utility. Fast, decentralized and fully-insured bridges can connect smart contract chains multilaterally, unifying rather than fragmenting liquidity. Non-smart contract assets such as BTC, XRP and DOGE can be brought on to Flare, and put to work earning yield in DeFi. Decentralized applications can use the value, liquidity and information of multiple blockchains and seamlessly connect to Web2 data, all via a single deployment on Flare. Flare is a uniting force for blockchain, scaling Web3 for the next generation with native interoperability protocols that are high throughput, low fee and low carbon. Connect everything.
USDSGD: Important Breakout & Bullish Continuation
Singapore Dollar broke above the resistance of a falling parallel channel.
The breakout was confirmed by 4H/1H candle close above.
After a retest of a broken line, we see a positive reaction and based on that I assume that the price will keep growing.
Next goals for buyers:
1.393
1.396
good luck!
Don't miss the great buy opportunity in USDSGDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDSGD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.4300
TP2= @ 1.4402
TP3= @ 1.4635
SL= Break below S2