RIFUSD longSupport level rise
and rise breakthrough
There are three oscillation intervals here,
There are three oscillation ranges here, the blue upward channel, the purple red horizontal oscillation range, and the white downward channel
RIFUSD trade ideas
RIF Got out of the "Fear" mode$RIF Got out of the "fear" mode. Most people underestimate social analysis, and this is one of my favorite indicators, because that's why I developed an interpretation of it that also works with altcoins.
As for the technical picture, a long-term wedge that has broken through is also clearly visible here, and the target of the wedge in #RIF coincide with the orange zone
RIFUSD Trade the Triangle's break-outThe RSK Infrastructure Framework (RIFUSD) is trading on a Triangle pattern within a long-term Channel Up. The strong Support is the 1D MA100 (green trend-line), holding since mid January. A 1D candle closing above the top of the Triangle would be a bullish signal, targeting the 0.30900 Resistance (November 10 2021 High). Similarly a closing below the Triangle would be a bearish break-out signal, targeting at least the 1D MA200 (orange trend-line), which would be the levels where we will start adding long-term buys again.
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RIFUSD Interesting Bullish PossibilityRIFUSD can be seen to be within a rising wedge
I believe this will break out to the upside, forming a kind of W formation on the side (if you can turn your head a bit)
Rising Wedges are normally considered a Bearish Pattern, however, I have been seeing them breaking out to the upside lately, this is a possible example.
RIFUSD with a nice breakoutRSK Infrastructure Framework token (RIF) is on the move with clean breakout from last ressistance zone at 0.35$.
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern.
Breakout from ascending triangle is usualy very powerful, it has more upside potential.
