Trading Setup:
There is a Trading Signal to Buy in RFOX (d1) (Spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.004327
⭕️SL @ 0.003011 (-43%)
🔵TP1 @ 0.007987 (+50%)
🔵TP2 @ 0.010869 (+104%)
🔵TP3 @ 0.017853 (+236%)
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku ,...
RFOX is a cutting-edge cryptocurrency designed to drive the virtual retail space within the metaverse. Branded as a comprehensive ecosystem for digital commerce, RFOX is pioneering new ways for users to interact, trade, and experience products in virtual environments. The network is fueled by its native token, RFOX, which is used to conduct transactions, access...
UNISWAP:RFOXWETH_421429.USD is my main pick for spatial computing narrative. RFOX is a lowcap crypto token with 17M market cap. RFOX max supply is 2B with 65% of it is in circulation according to CMC. Their mission is to empower everyone to play, create and earn in a metaverse without borders. They aim to be the global leader in immersive technology focused on...
RFOX having taken Sellside Liquidity for the completion of the recent retracement has just seen the formation of a head and shoulders reversal pattern and now looks ready to start the run back over previous highs. The nearest Buyside Liquidity is just over 0.017 for a 100%+ return with the subsequent Liquidity resting above 0.026 for a 200%+ return.
During this...
RFOX is again seeing an influx of volume, similar to that which was observed before the 440%+ run earlier this year.
After this most recent run of 110%+ we've seen a pullback to an Optimal Trade Entry, with a perfect rejection of the 0.79 Fib Level.
The initial run up coincided with the first official announcements of the Meta Quest 3 and the Apple Vision...
A pullback in the broader crypto market has allowed for a brief retracement in RFOX with a retest of the most recent accumulation zone.
The small amount of liquidity provided by sellers was quickly absorbed before RFOX started yet another move higher.
Within the next 24 hours we will see the Golden Cross form on the Daily, after which I am expecting to see...
RFOX has experienced a +100% increase in price over the last 45 days.
Prior to this, I was accumulating a large position throughout the lows and noticed a significant decrease in sell volume during that time.
I've continued to accumulate during the subsequent price increase and have found it become progressively more difficult to markedly increase my...
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...
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
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from gaming to vr etc
Bought some back at 0.5 fib level. Hoping for deeper pullback, have more bids at 0.618 and sweet spot of reload zone (0.702)
I am still holding free bag from first trade.
GL
Bought some RedFox here.
I like to buy 0.618/0.786 fibs after bullish market structure confirmation and there is some support at this level as well.
Edit: I have just recognized I broke my rule to not trade on Sundays which is sad.
Love this RedFox setup, this chart is bullish for all type of traders at the moment:
- Bullish market structure with higher low
- Retest of 50MA and 10/50MA cross for MA traders
- RLZ 0.786/0.618 level for fib traders
- Cup and handle for pattern traders
I have been accumulating in the box and ready for a move sooner than later.
Good luck.
