RLBUSDT Triangle into Rectangle trade

Rollbit Coin (RLBUSDT) has been trading within a Triangle pattern on the 4H time-frame for the past month. The price has completed 4 days of trading below both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line).
We may gradually see the transition of this Triangle to a Rectangle (yellow) pattern, within the 0.618 - 0.236 Fibonacci range. Our trading plan is to buy as long as the 0.236 Fib holds and target 0.2100 (Just below the 0.618 Fib) or sell if it breaks below it and target 0.1100.
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We may gradually see the transition of this Triangle to a Rectangle (yellow) pattern, within the 0.618 - 0.236 Fibonacci range. Our trading plan is to buy as long as the 0.236 Fib holds and target 0.2100 (Just below the 0.618 Fib) or sell if it breaks below it and target 0.1100.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.