✳️ RIFBTC | Fast Profits? Part 2 (140% Potential)

RIFBTC is now trading above MA200, not only that but today's candle is actually moving higher, which means that this level is now confirmed as conquered, it worked as support.

This implies that the next move is a challenge of resistance; The next major move after the January 2023 bullish wave is now about to take place for this pair.

We have a major long-term higher low:
➖ Main low January 2023.
➖ Higher low October 2023.

Bullish RSI and the ALTSBTC pairs ready to grow really strong.

👉 These pairs tend to move when Bitcoin is trading near a top. When Bitcoin tops or is close to topping, the Altcoins vs Bitcoin (ALTSBTC) pairs move ahead.

This is the market phase we are entering now.

Thank you for reading.

Namaste.

Bình luận:

RIF looks awesome right now, we have the same chart/signals but after a month of consolidation (sideways):

Above EMA50 as well as MA200.
Strong RSI...

All looks ready for GREEN!

Bình luận:

After four months of consolidation, RIFBTC hits a new high today.
The highest price since May 2023.

The chart has been updated to reflect higher targets.
This is only the beginning.