RIFUSDT trade ideas
RIF (SPOT)BINANCE:RIFUSDT
RIF / USDT
1D time frame
analysis tools
____________
SMC
FVG
Trend lines
Fibonacci
Support & resistance
MACD Cross
EMA Cross
______________________________________________________________
Golden Advices.
********************
* Please calculate your losses before any entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
****************
My total posts
www.tradingview.com
#RIF/USDT#RIF
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
0.0880.
Entry price 0.0880.
First target 0.0916.
Second target 0.0958.
Third target 0.1000.
Trading Signal for RIFUSDT: Sell OpportunityDirection: Sell
Enter Price: 0.0975
Take Profit: 0.09536667
Stop Loss: 0.10116667
Analysis:
Our trading signal for RIFUSDT suggests a sell opportunity based on the analysis provided by the EASY Quantum Ai strategy. The strategy identifies potential market movements by evaluating a combination of technical indicators, market sentiment, and recent trading patterns.
Key Factors:
1. Technical Indicators Alignment: The current moving averages indicate a bearish trend with additional support from the RSI, which points to a potential overbought condition. These signals suggest that the market might not sustain its current levels and could reverse to a lower price range.
2. Market Sentiment: There has been an observable shift in market sentiment towards risk-off, impacting cryptocurrencies. This broader sentiment could exert downward pressure on RIFUSDT prices.
3. Recent Market Patterns: Historical data shows a pattern of lower highs, which correlates with the expected continuation of a downtrend. Such patterns support entering a sell position at the suggested price level.
Please note that trading involves risk and it is essential to conduct your own analysis before entering any trade. The provided levels serve as a guide to help manage potential risks.
RIF looks like it is ready for 100%RIF looks very good with PA. There is lot of liquidity locked in that previous wick. Will enter with new 3D candle with targets near red and purple MAs. This one looks very very good. Taking the risk with bigger position here.
NOT A FINANCIAL ADVICE + USE STOPLOSS + MANAGE YOUR RISK
#RIF (SPOT) entry range (0.0760- 0.0960)T.(0.2760) SL(0.0676)BINANCE:RIFUSDT
entry range (0.0760- 0.0960)
Target1 (0.1700) - Target2 (0.2480)- Target3 (0.2760)
SL .1D close below (0.0676)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV ****
90-95% hit rate, 2 pump targets detectedToday, I got RIF to share with the TV community for free. These pump signals aren't available in my service yet, but they'll soon be available once I remove the free beta 😉
So now to the signals itself. There are 2 targets; the bottom one is a 95% probability of clearing within the month, and the other one is 90%. From the Reversion point of view, it's a solid level, and we can see that with my indicator, we have significant divergence with sufficient distance to cover before we touch the long-term MA reversion center line.
Green pips to you 🤑
RIF | A RARE Feeling... Basic Technical AnalysisI have a RARE feeling on this one and now I want to see if this feeling can be corroborated by the chart.
We are looking at RIFUSDT on the daily timeframe... Follow me, we will jump into some technical analysis together, reason based TA.
The orange line on the chart is the main support level. Above this level we are bullish; below this level we are bearish. This is basic, and also easy to see based on current data.
Last year, August and October 2023, RIFUSDT challenged our "strong support." This support level held nicely and became the baseline for a nice 450% bullish wave.
This year, July and August 2024, RIFUSDT challenges this same support level. It manages to wick below it but all the candles ended closing above it. A noticeable increase in trading volume is present as soon as this level comes into play.
➢ Bullish above; bearish below.
➖ RIFUSDT is trading above it, so bullish without a doubt.
The MACD bottomed in June while the RSI bottomed in July.
So bullish divergence with these two oscillators.
RIFUSDT is set to close today above EMA8, 13 and 21. Trading daily above these moving averages confirms a bullish bias short-term. In this instance short-term would indicate in the least 30 days of bullish action —that is, the action happening above these averages.
Notice on the left side of the chart, when the action moved above these three, a strong bullish wave followed.
The drop leading to the 5th of August is also pretty interesting. We see first an initial rise followed by a very strong drop; a clear bull-trap. This can also be interpreted as a "failed signal." The rise was a bullish signal but the negation invalidated it. The fact that such a strong bearish move failed to close below our "strong support" speaks poorly for the bears.
It says that the bearish move is either over or very close to being over. If the correction is not over, then only one final leg-down remains... Right now and upsurge is more likely based on the action we are seeing across the altcoins market.
Not all altcoins are the same.
Some altcoins can continue to move lower or even react strongly to another drop on Bitcoin's side. This is understandable because these altcoins are trading higher than the price at which they traded in early 2024; say January and February. But other altcoins, such as this one and others with small market capitalization, are trading at the same price at which they traded in October 2023. September/October 2023 is the level from which the last bullish wave started. This would mean around $25,000 for Bitcoin, just to give an example.
If Bitcoin was trading now at $25,000, you wouldn't be expecting much lower prices no matter what, because that's the level it traded back in October 2023 before the major rise. On the other hand, if Bitcoin is trading, say around $60,000, much, much higher, anything can happen.
All the projects are intricately connected; the market is one. What one does, the rest follows; but we need to make a comment here. Not everything can happen instantly and at the same time. Some projects move first, others move last. Some projects even fail to react, some other projects detach completely and create their own cycle. All these dynamics need to be taken into consideration to produce accurate TA.
In summary: We see some early bullish reversal signals but anything goes...
Thank you for reading.
Namaste.
Short position on RIFUSDT 49Min/ Trading setupBINANCE:RIFUSDT
CRYPTO:RIFUSD
Mid-risk status: 4x-5x Leverage
Low-risk status: 2x-3x Leverage
⚡️TP:
0.0918
0.0905
0.0889
0.0871
0.0847
0.0825(In Optimistic Scenario)
➡️SL:
0.0999
The Alternate scenario:
If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
RIF/USDT NEW INCREASE VOLUMEThe last data shows that RIF/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
RIF/USD has a history of breakdown trends, we will follow the coin to see if this is the reversal trend.