Quick update first — my $BCH long from about an hour ago hit TP3 at 301.100 (+11.3%).
Volume is 3.0x average on the 1H candle, yet $RLUSD is still hovering near a tight range. New setup: LONG on $RLUSD backed by bullish 1H trend, bullish 15M momentum, and RSI at 60.3.
Setup
The 1H trend and 15M momentum are both bullish, and the volume spike confirms demand. Take the long while price stays in the entry band.
Levels
Entry: 0.99840 - 1.0024
TP1: 1.0054
TP2: 1.0094
TP3: 1.0134
SL: 1.0002
Invalidation
If price breaks below 1.0002 the premise collapses and the trade should be exited.
Will the 3x leverage push $RLUSD through TP1 before the next volume pullback?
Volume is 3.0x average on the 1H candle, yet $RLUSD is still hovering near a tight range. New setup: LONG on $RLUSD backed by bullish 1H trend, bullish 15M momentum, and RSI at 60.3.
Setup
The 1H trend and 15M momentum are both bullish, and the volume spike confirms demand. Take the long while price stays in the entry band.
Levels
Entry: 0.99840 - 1.0024
TP1: 1.0054
TP2: 1.0094
TP3: 1.0134
SL: 1.0002
Invalidation
If price breaks below 1.0002 the premise collapses and the trade should be exited.
Will the 3x leverage push $RLUSD through TP1 before the next volume pullback?