I added RIO for the long termThe major narratives of this cycle are AI, GameFi and RWA but I see too many people talking about the first twos and few about the last one. I'm trying to have a bit of everything in my portfolio although I'm adding small bags because unfortunately I've already spent the majority of my money.
You can see on 4h that price is in a bullish falling wedge and this is more or leass what I'd expect from it.
On Daily the bullish structure is more clear: and the upper wick indicates that price should go up again on daily timeframe.
On weekly the worst I could expect is a drop of a 12% from my entry price (blue line).
RIO has less than 8 mil USDT as market cap, this can easily go 20x during altseason. I think it's worth risk. So far RIO goes with CREDI and SOIL in my RWA bag.
Good luck
RIOUSDT
RIO looks bullishFrom where we placed the green arrow on the chart, it seems that the RIO correction is over and the price has entered the bullish phase.
It seems that we are in a bullish ABC, that wave A is over and now we are at the end of wave B.
From the green range, the price can reject upwards again to complete wave C.
The targets are clear on the chart.
The distance between entry range and invalidation level is high, so manage risk.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RIO Break out patternRealio token is following the ideas i shared some days ago. We are in good profit from that entry, but if someone is looking for a fresh entry, the actual price is good. We can see a classic break out bullish pattern, and we can expect a continuation till resistance area at $2.8
RIO Long setupThis is the setup i am waiting for RIO. I think it could retrace a little bit reaching the support zone at $2.00/$2.03. Actually the price is trying to break out from short term trendline, and a small retest it's possible. I placed my long limit order at first support zone, if it will fail to hold the next support zone is around $1.65. Main target $3.00
RIOUSDT likely to pullback to daily support around 1.39 Here are the support levels for this coin. This one has been moving vehemently in the last few weeks. But I think now there is a time of some pullback. In case there is a major pullback, I have marked various support levels of different degrees on the chart. I think the first major support is the daily support around 1.39 where it can have a good bounce. There will be some bounce from 4h support 4HS1 as well but not sure if that will continue and take the price again beyond the recent high. Anyways, this one is too hyped right now and everyone is talking about so until unless it has a good pullback, its dangerous to touch this one. Remember in the end most of these coins have nothing substantial in the background and they are just bloating on the hype.
$RIO: Real estate & Crypto, will it succeed?Realio is a fundamentally and technically interesting token. At the moment the price (on MEXC) is around 21c. As long as NYSE:RIO holds the lower trendline and doesn't dump below 0.19, I expect a bullish move higher. If the macro situation turns negative, a pullback can be expected around $0.23 (a TP level for me). If the price clears this lvl, I will buy again. Between 24 and 30c there isn't much resistance.
TP 30c-33c. I also keep a moonbag beyond 35c (or even buy back again, but that's a different trade).
NFA. I am a human being and I make mistakes. Please DYOR.
#RIO $RIO #Realio_NetworkI see good targets for this Asset What do you think?
Market Cap~2m
mentioned in recent #Binance research
The Realio platform describes itself as an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital securities and cryptoassets.It aims to combine access to a 100% on-chain decentralized (p2p) exchange with the features of an issuance/investment platform in order to merge enterprise-grade blockchain and cryptocurrency solutions with institutional-quality investment vehicles.