RFOX having taken Sellside Liquidity for the completion of the recent retracement has just seen the formation of a head and shoulders reversal pattern and now looks ready to start the run back over previous highs. The nearest Buyside Liquidity is just over 0.017 for a 100%+ return with the subsequent Liquidity resting above 0.026 for a 200%+ return. During this...
RFOX is again seeing an influx of volume, similar to that which was observed before the 440%+ run earlier this year. After this most recent run of 110%+ we've seen a pullback to an Optimal Trade Entry, with a perfect rejection of the 0.79 Fib Level. The initial run up coincided with the first official announcements of the Meta Quest 3 and the Apple Vision...
A pullback in the broader crypto market has allowed for a brief retracement in RFOX with a retest of the most recent accumulation zone. The small amount of liquidity provided by sellers was quickly absorbed before RFOX started yet another move higher. Within the next 24 hours we will see the Golden Cross form on the Daily, after which I am expecting to see...
RFOX has experienced a +100% increase in price over the last 45 days. Prior to this, I was accumulating a large position throughout the lows and noticed a significant decrease in sell volume during that time. I've continued to accumulate during the subsequent price increase and have found it become progressively more difficult to markedly increase my...