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...
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...
RFOX cup and handle has extended to form an Adam Eve pattern.
This can retest in two ways, but will both end up at the same target.
Measured move equates to 30% rise from brim
RFOX
Possible Cup & Handle forming
Measured move would be 0.058
IF BTC breaks UP
This has a high probability of playing out
Recently broke out from this level
(Could also be a Macro Adam Eve)
CRYPTO RFOX - Breakout of descending Broadening Wedge. RFOX has been through a wyckoff accumulation that has been completed by a Support Resistance Flip of the upper downtrend line. This is what I have been waiting for.
STO has bottomed out.
RSI is higher on the recent lower.
Volume still some red candles but green could be taking over.
Target 1 =...
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.
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.
CRYPTO - RFOX. Bull Flag. Redfox has had strong support at the 0.035 level. It has a quadruple bottom there.
We have had a nice run up with lots of large green volume bars. We are taking a breather with a bull flag which is very healthy. STO not quite bottomed out so could be a little more downside.
Volume. Nice green volume flags on leg ups.
RSI confirmed...
