Rifusdtperp
#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.
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.
#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
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.
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