BillyStaples

$RXD Symmetrical Triangle Breakout Attempt?

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BillyStaples 已更新   
COINEX:RXDUSDT   RADIANT / TETHER
RXD is testing the top of the symmetrical triangle for the 5th time since mid-May. Price action has broken the triangle, but I wouldn't see this confirmed unless price is above the triangle 24 hours from now (judging from previous failed breakouts). If confirmed, I see a target of $0.0038. If not confirmed, price could re-test the lower bound of the triangle before another attempt in the coming weeks.
评论:
RXDUSDT (www.tradingview.com/symbols/RXDUSDT/) did indeed breakout, and swiftly moved to $0.003 where it's consolidating a bit at a previous resistance/support. This should not last long, and upward momentum towards the target should continue. Note: there are no other resistance/support zones until $0.0044!
交易结束:到达目标:
Wow, that was quick! Target reached well ahead of schedule. If you set a limit order at the target specified, you would have perfectly executed the trade. The price has since re-tested the breakout, and I expect the target to be reached again.
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