Rifusdtbuy
#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.
RIFUSDT.1DAnalyzing the RIF/USDT daily chart presents a nuanced picture of the current market conditions for RIF Token paired with Tether. Notable technical features highlight key trading zones and suggest potential future movements based on established patterns and indicators.
Key Technical Levels:
• Resistance Levels: R1 at approximately $0.0688 signifies a crucial point where previous rallies have faltered. Beyond this, R2 at $0.2352 represents a longer-term bullish target, suggesting a significant upside potential if the momentum sustains.
• Support Level (S1): The support at $0.0688 is doubly important as it aligns with the declining trendline, marking it a pivotal zone for both bulls and bears.
Technical Indicators:
1. MACD (Moving Average Convergence Divergence): The MACD indicator shows a modest bullish signal with the MACD line crossing above the signal line. This could be an early indication of increasing buying pressure, although the overall MACD remains low, hinting at a cautious bullish sentiment.
2. RSI (Relative Strength Index): Positioned around 50, the RSI suggests a neutral market stance, with no immediate signs of overbought or oversold conditions. This neutral RSI provides room for movement in either direction depending on incoming trading volumes and market news.
Trend Analysis and Strategy:
The interaction at the $0.0688 level is critical, acting as both a resistance and a key support level. A sustained breakout above this trendline could trigger a bullish scenario, targeting R2. Conversely, failure to breach or hold this level could lead to a retest of lower supports, possibly creating buying opportunities at lower prices or prompting a defensive strategy for current holders.
Market Sentiment and Trading Recommendations:
With the bullish crossover in MACD and a neutral RSI, the sentiment leans cautiously optimistic. Traders should consider the importance of the $0.0688 level as a strategic point for setting up trades. A confirmed breakout above this level with high volume could validate a bullish entry with a target at R2, while a rejection at this level would necessitate a reevaluation of bearish potentials.
Overall, monitoring the volume and price action near the $0.0688 resistance-turned-support will provide valuable clues for the next major move. Utilizing tight stop-losses and watching for confirmed signals will be essential for navigating this market effectively.
Rif/Usdt Plan RIF/USDT's price is currently consolidating under a triangle pattern, indicating a potential breakout in the near future. A successful breakout from this pattern could lead to a significant bullish move of around 25-50%. However, it is crucial to conduct your own research (DYOR) before making any financial decisions. This statement is not to be considered as financial advice.
#RIF/USDT#RIF
The price is moving in a bearish channel on a 4-hour frame and we have a support area in green at the 0.200 level.
Now we have a breakout that is about to occur well after bouncing from the green zone
Our RSI indicator has a trend that is about to break to the upside
Entry price is 0.2355
The first target is 02570
The second target is 0.2733
Third goal 02930
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
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
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
RIF forming bullish BAT | A good buying opportunityHi friends, hope you are well and welcome to the new trade setup of RSK Infrastructure Framework (RIF) with US Dollar pair.
In the previous trade, after a slight move up and hitting the sell target zone, the price dropped down.
Now on a 4- hour time frame chart, RIF is completing a final leg of the bullish BAT pattern, and after a slight more drop it will be entered the potential reversal zone.
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
RIFUSD Interesting Bullish PossibilityRIFUSD can be seen to be within a rising wedge
I believe this will break out to the upside, forming a kind of W formation on the side (if you can turn your head a bit)
Rising Wedges are normally considered a Bearish Pattern, however, I have been seeing them breaking out to the upside lately, this is a possible example.
A buy opportunity? ... +600% pure profits in weeks !!Days ago we posted that ETC will touch $36 in April and many didn't believe it n missed it. ( u can see it below in related ideas section )
and we are saying the same right now !!
believe it or not Rif will make +600% and it will be moving further than that on long term we can see $4 Rif in 2021 - 2022
the best investment opportunity I can see for long term 👌
✅ Buy: any price below 40 cents ✅
🎯TARGETS:
1- $0.4984
2- $0.7286
3- $1.7038
4- $2.5700 (I'm leaving 90% till that point)
⚠️⚠️leverage up to 5x ⚠️⚠️
💵 Trade Size: 5% -15% of Portfolio
🚫Invalidation(SL): daily candle close below 29 cents
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