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Chibuike_Odoh
Aug 15, 2021 4:04 PM

RIF/BTC { RSK INFRASTRUCTURE FRAMEWORK } - BULLISH SETUP Long

RIF / BitcoinBinance

Description

ANALYSIS 🔎
- RIF/BTC is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00000521)
- Limit entry: test of the ascending triangle's inclined support.

TARGETS 🎯
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
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