RIFUSD
#RIF/USDT#RIF
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
0.0880.
Entry price 0.0880.
First target 0.0916.
Second target 0.0958.
Third target 0.1000.
RIF looks like it is ready for 100%RIF looks very good with PA. There is lot of liquidity locked in that previous wick. Will enter with new 3D candle with targets near red and purple MAs. This one looks very very good. Taking the risk with bigger position here.
NOT A FINANCIAL ADVICE + USE STOPLOSS + MANAGE YOUR RISK
#RIF (SPOT) entry range (0.0760- 0.0960)T.(0.2760) SL(0.0676)BINANCE:RIFUSDT
entry range (0.0760- 0.0960)
Target1 (0.1700) - Target2 (0.2480)- Target3 (0.2760)
SL .1D close below (0.0676)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
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Short position on RIFUSDT 49Min/ Trading setupBINANCE:RIFUSDT
CRYPTO:RIFUSD
Mid-risk status: 4x-5x Leverage
Low-risk status: 2x-3x Leverage
⚡️TP:
0.0918
0.0905
0.0889
0.0871
0.0847
0.0825(In Optimistic Scenario)
➡️SL:
0.0999
The Alternate scenario:
If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
Potential Bullish Breakout in RIF Coin: Eyeing Next Resistance Description:
RIFUSDT is exhibiting a promising setup with a potential bullish breakout on the horizon. If the coin successfully breaks through the current resistance level, it could pave the way for a substantial upward movement towards the next key resistance target.
Key Features of the Setup:
Current Resistance Level: RIF Coin is currently testing a significant resistance level. A breakout above this level would indicate strong bullish momentum.
Potential Risks:
False Breakout: Breakouts can sometimes fail, leading to a quick reversal. It's essential to watch for confirmation of the breakout with sustained volume and price action above the resistance level.
Volume and Momentum: Look for an increase in trading volume as the price approaches the resistance. Higher volume during a breakout confirms the strength of the move.
Next Resistance Target: Upon breaking the current resistance, the next target is the subsequent resistance level. This target is typically identified by previous price action highs or other technical indicators such as Fibonacci retracement levels.
Support Levels: Post-breakout, the former resistance level will act as a new support. Monitoring this support is crucial for managing trades and identifying potential pullbacks.
Trading Strategy:
Entry Point: Enter a long position slightly above the breakout level to confirm the move.
Stop Loss: Set a stop loss just below the new support level (former resistance) to mitigate risk.
Take Profit: Target the next resistance level for taking profit. Consider scaling out of the position in stages as the price approaches this target to secure gains.
#RIF/USDT#RIF
The price is moving in a 12-hour bearish channel, is very committed to it, and has just broken through it
We have a green support area at 0.1400 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with a strong downtrend
Entry price is 0.1600
The first goal is 0.1950
The second target is 0.2200
The third target is 0.2500
RIFUSDT $1.00 Soon!RIFUSDT Technical analysis update
RIFUSDT price has increased by 45% since breaking above the trend resistance line. Currently, the price is testing and exceeding a resistance zone with high volume and trading above both the 100 and 200 EMAs. While these technical indicators could suggest potential further upward movement.
Long term Target: $1.00
Stop Loss: $0.17
Regards
Hexa
RIF/USDTLet's see...
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Always do your own research and consult with a licensed investment professional before investing.
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RSK Infrastructure Framework (RIF) | A setup for upto 22.50%Hi friends, hope you are well and welcome to the new trade setup of RSK Infrastructure Framework (RIF).
Recently we caught almost 42% pump of RIF as below:
Now on a 2-hr time frame, RIF with BTC pair has formed a bullish Shark move for a bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Exploring #RIFUSDT's Wedge Pattern💎Over the past three months, #RIFUSDT has been consolidating within a wedge pattern, indicating a period of indecision in the market. To confirm the direction of the trend, price needs to break out above or below the boundaries of the wedge.
💎Recent price action in #RIFUSDT has shown a bounce off the uptrend trendline and a rejection of the 200 Exponential Moving Average, signaling bullish momentum. This makes #RIFUSDT an intriguing asset to monitor, as bullish traders are keeping a close eye on it.
💎There is a high probability that prices will continue to trend upwards from here, potentially testing the recent high. However, if #RIFUSDT manages to break above the wedge pattern, it could lead to even more exciting developments.
💎On the other hand, a break and close below the wedge would invalidate the bullish scenario and suggest a bearish phase. It's important to closely monitor price action to determine the next major move in #RIFUSDT.
RIFUSD Trade the Triangle's break-outThe RSK Infrastructure Framework (RIFUSD) is trading on a Triangle pattern within a long-term Channel Up. The strong Support is the 1D MA100 (green trend-line), holding since mid January. A 1D candle closing above the top of the Triangle would be a bullish signal, targeting the 0.30900 Resistance (November 10 2021 High). Similarly a closing below the Triangle would be a bearish break-out signal, targeting at least the 1D MA200 (orange trend-line), which would be the levels where we will start adding long-term buys again.
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RSK Infrastructure Framework (RIF) formed Gartley upto 29.50%Hi friends, hope you are well and welcome to the new trade setup of RSK Infrastructure Framework (RIF) with US Dollar pair.
On a daily time frame, RIF has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RSK Infrastructure Framework (RIF) formed Gartley upto 15.50%Hi friends, hope you are well and welcome to the new trade setup of RSK Infrastructure Framework (RIF) with US Dollar pair.
Our last successful trade of RIF was as below:
Now on a 1-hr time frame, RIF has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RIF: Top Gainer on Binance, But Can it Maintain its Momentum?Hello there! Let's take a look at RIF, shall we? Currently, RIF is trading at $0.1927 with an RSI of 57 in a 1-hour timeframe. This coin has recently gained a lot of attention due to its impressive performance on Binance, where it is now ranked as the number one gainer coin on the exchange.
While RIF's recent performance on Binance is certainly impressive, it's important for investors not to get caught up in FOMO (fear of missing out) and to approach investing in cryptocurrencies with caution.
Now, what does this mean? Well, the Fibonacci retracement levels suggest that there are potential support levels, with the 0.5 Fibonacci at $0.1794 potentially acting as a strong support level. However, the price is currently trading below the middle Bollinger band, which tells us that the market is in a bit of a bearish phase.
Now, let's talk about the indicators. The volume oscillator is at -30%, which is telling us that traders may be waiting for more clarity before making any significant moves. The MACD is positive at 0.0103, indicating bullish momentum. However, the negative volume oscillator suggests a lack of interest from traders. The stochastic oscillator is in neutral territory, which suggests that the market may be consolidating.
What would be the next resistance?
Ah, great question! If we take a look at the Fibonacci retracement levels, we can see that the next resistance level after the 0 Fibonacci at $0.2178 would be the 0.382 Fibonacci level at around $0.2354. This level represents a potential area of resistance where the price may encounter selling pressure.
It's important to keep in mind that resistance levels are not set in stone and can change depending on market conditions. However, based on the current information available, the 0.382 Fibonacci level is a potential area to watch for resistance. As always, it's important to keep an eye on the indicators and adjust our analysis as new information becomes available.
Overall, it seems that RIF is in a bit of a bearish phase at the moment, but there are potential support levels at the Fibonacci retracement levels. The market seems to be waiting for more information before making any big moves. The bullish MACD may provide some support for the price, but we will have to wait and see if it can overcome the current bearish momentum. Keep an eye on those indicators and let's see where RIF takes us!
RSK Infrastructure Framework (RIF) formed Gartley upto 14.50%Hi friends, hope you are well and welcome to the new trade setup of RSK Infrastructure Framework (RIF) with US Dollar pair.
Previously we caught nice pump of RIF as below:
Now on a 2hr time frame, RIF has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade