Price finding support above the middle green trend line of the larger overall structure
A handle like structure forming leading to continuation
The overall structure is kind of like a huge angled double bottom or W
Bullish
💎 Paradisers, get ready for an exciting journey with #RONUSDT! It's currently making its mark in a demand zone, hinting at a promising bullish path ahead.
💎 Recently breaking free from a descending channel, #RON is on an upward trajectory. At this point, #RONIN is gathering steam for a bullish surge from the $2.662 demand zone, aiming to push past significant...
It's an interesting fractal. In the prev market pump-dump circle, we have a tool based on Fib to understand the +- of our targets. If the asset has been rejected from the 0.618 level, we have the opportunity to reach the 1.618 level.
BINANCE:WAXPUSDT is a really great asset for GameFi. But it needs a large capitalization to reach $2.
OKX:RONUSDT has the...
RON/USDT Is compressed inside the triangle. By breaking above the pattern, it can continue its upward movement.
Strong supply area inside the flag pattern, Im buying!
$RON has formed a cup and handle pattern and supported with the indicator showing long, from $0.3777, TP - $1.761, SL - $0.3003. Largely dependent on #BTC movements in the coming days or weeks.
I am quite speechless about what $RON did, I did expect this coin to consolidate for a few weeks however, it has hit TP1 2.0 and TP2 2.25, and TP3 2.5.
I...Told...You...So...
Previous Signal Given:
Entry: 1.6 - 1.7
Target: 2.0 - 2.25 - 2.5 - 2.75 - 3.0+
SL: 1.44
I do expect a pullback
This is just really a hunch but I believe a 1 month accumulation period for Ronin Network will occur after this 30% move to the downward side, and once this period has concluded my thesis is that volume will start to come into this coin smashing it right through $2.5
Entry: 1.6 - 1.7
Target: 2.0 - 2.25 - 2.5- 2.75 - 3.0+
SL: 1.44
