The price is nicely bouncing off the 0.5 USD floor and the RSI on the daily chart is cool at 30.
I'm placing the 5-6% Stop Loss just slightly below Support Level. With this the deal has a worthwhile Risk to Reward ratio.
Good luck!
Adam
Entry: 05305
StopLoss: 05024
Takeprofit:
1: 06108
2: 07000
3: 07800
After reaching TP1 I'm moving stoploss to...
Foxy retested the bottom at 0.051, RSI is okay, MACD looking pretty and the graph hasn't gone below bollingers bands but! still Bitcoin has a lot to prove weather it's finally bullish or going past double bottom...yeah. For all that, I think it's a safe bet and worth getting into red fox now in case it skyrockets;)
Good luck :)
Adam
Entry: range...
The price is on strong support.
125% is the psychological level for Take Profit target 1 @ 0.19 USDT
astounding Risk Reward Ratio. Potentially moving past ATH with the tokens usual volatility on the way up!
I'm making sure to place a tight stop loss though, in case BTC prints more downtrend.
southeast asia emerging markets in time shall be rewarding for investors in RLABS
a great team with solid background in fintech which are working organically made
from gaming to vr etc
I like this chart on higher TFs, seems like it is bottoming.
Great R:R with clear invalidation.
Double bottom with small double bottom.
There is some possible bull div on RSI as well.
Don't know a lot about this project, but I am generally bullish on game tokens.
Not sure if it is wise to buy shitcoins atm, I am going to risk max. 0.5% of my portfolio with this one.
Redfox labs is doing an auction, and their coins will FINALLY have utility.
If you dont know what RFOX is about, I seriously suggest you check them out.
They are wanting to create a virtual reality with a thriving economic system, and if you own property (going on sale
Im still new to this, but:
I see a cup and handle
I see the fib levels to 14c as the next...
RFOX set to have a great month. Overall market looks bullish with altcoins popping. This one fits the hot narratives of play to earn gaming, metaverse land release 14th sep, staking and a streaming app with 20 million organic reach. Looking to have a run similiar to AXIE infinity. Looking for a move up to the 2.618. Approx 21c
