just a crazy idea, follow at your own risk. :)
Great entry to get into RPX ,, RPX bottomed out and has very strong support there is now way go anywhere but upward. Take profit at fib resistance levels or 10%-15%-20%-25%.... Happy Earning.. Please don't forget to hit LIKE and Follow. PS: awaiting volume and this thing will explode!
RPX was a new NEP-5 token added to Binance. It got pumped heavily and is now towards the end of it correction. The purple could be good entry buy zones for the next cycle.
Found this new Token around due to checking the opportunities against the recent lows specially on Bitcoin (BTCUSD) and this one looks very promising due to its team, proposal and place in the market. Know more at: www.redpulse.com So, I just decided to buy a bunch of their tokens for a swing trade and lets follow up here.
So, looking to price of RPXBTC last days, I see for sure increase soon. My price prediction are like 2600 - 3000. Stop-loss at 1900, buy price 2000 - 2100. Can't tell much things from TA point of view, but on 1h chart RSI looks bullish.
Red Pulse has seen quiet the the boom over the last few days, so naturally people are beginning to sell it off. Prices briefly broke over the 50% fib line but it wasn't able to hold. The price rode the top bollinger line though the uptrend seems to be done for now. MFI was showing it being oversold, another indicator of people starting to sell off there...
Wait for confirmation to breakout falling wedge before buying.
A very young chart, as usual for Binance trades, so let me start with a caution: There is no history for this coin. It has been going down since it was added to Binance, and after reaching a low point, it is now breaking out and going up strong. Trade at your own risk, which is always true, but know that the markets are "choppy" and the trades being shared now...
BINANCE:RPXBTC Triangle is in final form with strong bottom support also lower volume distribution below where bulls control the flow. Expect the resistance lines to be broken shortly! Target #1 0.000030 Target #2 0.000031 Target #3 0.000033 Stop Loss 0.0000279