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RONUSD

RON - A reversal with a leading breakout is expected to push the#RON/USDT #Analysis Description --------------------------------------------------------------- + Price has hit the support zone around 1.5 price range. + A strong reversal can be expected from the support zone which gives a good opportunity for a long trade. + Enter a long trade only after the price reversal. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.6 Stop Loss: 1.14 ------------------------------ Target 1: 1.848 Target 2: 2.320 Target 3: 2.752 Target 4: 3.658 Target 5: 5.308 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
RONUSD Pull-back expected.Ronin (RONUSD) hit the top (Higher Highs trend-line) of the 1-year Channel Up. This is the 2nd Bullish Leg of the pattern and is technically expected to peak at +635%, same as the April 10 2023 Higher High. We expect at least a -47.27% decline towards the 1D MA100 (red trend-line), targeting 1.5000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RONUSDShort
by TradingShot