The chart speaks for itself: a descending wedge and the MACD sell volume is tapering off as price is descending (bullish divergence), Very likely to see a 50%-150% move on RGT soon since there is barely any selling pressure,
Forming a W pattern. Possible run back to resistant line if it breaks above that line we will see a runner. If this coin breaks below The resistant line we will see this one continue to Go down till 10-30 rsi. Most indicator shows more bullish then bear. Follow me for more Free analysis.
RGTUSDT price has showed some good consolidation at a critical support, Bulls can react anytime and trigger their moment. So can accumulate for possible upside move.
. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 22$ zone 🔴Buy : 22 🔴Sell : 26 - 30 - 40 📈BLUE PLAN ♻️Condition : If 1-Day closes BELOW 22$ zone 🔵Sell : 22 🔵Buy : 18 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone :...
4 Hours RSI is Oversold. Right not its holding on the Support line. Past we had the same pattern at $30 and went all the way to $75+. Now It formed a similar pattern. Not Financial Advice just my thesis.