rmchuh
@t_rmchuh
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rmchuh
Radix Breakout! Early? Not for long...

Radix seems to have found a short-term bottom here, breaking market structure to the upside and attempting to change the daily downtrend into a daily uptrend. Volume has picked up at the bottom, and I am looking for a pullback to retest the breakout of the double bottom formed from March 2025 to April 2025. There is a strong confluence of support between 0.009750 and 0.008250. At the 0.618 fibonacci retracement we have the upper bound of the double bottom, which coincides with the upturn of the 21/34/55 EMA and the upper bound of the previous distribution zone. The 50 SMA coincides with the 0.382 fibonacci retracement, which also coincides with the lower bound of the previous distribution zone. Initial Entry - 0.009750 Full Entry - 0.008250 TP1 - 0.0147, with reload at 0.01234 TP2 - 0.0234, with reload at 0.0175 Long Hold Target - 0.07, but I won't be closing my whole position until 2027 at the earliest, 2028 at the latestEntered: 0.00848 SL: 0.00750 Keeping a tight SL. I could very much see a big swing south to grab supply around 0.0058 and then a parabolic upward move. Just thoughts, this is now a long-term hold and I do not plan on selling anytime soon.Looks as though price has swept down for supply at 0.006! Targets still very much in play with a quick move upwards
rmchuh
XRP Bearish, Mid-March 2025 Shorts??

With XRP having broke through its daily uptrend and now at its weekly resistance set by the lows of December 2024, its next point of interest will be ~$2.60 - $2.90. Around the middle of March 2025, the downtrend formed by the January 2025 high would be converging with the December 2024 - February 2025 uptrend that was broken. Price has now broken below the 50 day and 100 day SMAs. With the 50 day SMA looking to cross at this convergence point at ~$2.70 and the 100 day SMA trailing the broken daily trendline to meet at ~$2.55, this could gear up for a wicked rejection that could move south fast. With the bounce XRP has taken recently, it could look to retest its highs from March 2021 to November 2021. With the 50 WMA looking to target ~$1.50 in May 2025, this initial breakdown below the weekly resistance line set by the December 2024 - January 2025 could quickly find itself retesting the late November 2024 distribution, and the secondary breakdown could target the middle November 2024 distribution. Entry: $2.70 - $3.00 Ideal Entry Average: $2.85 T1: $1.50 T2: $1.25Tested $2.90 already with a quick rejection and has been rejected off the bottom of the supply zone. Any weekly candle close below $2.00 can be a quick move south.
rmchuh
BTC Medium Term Bottom?

Falling wedge looking to retest 200 week SMA. Slight divergence on RSI. Still seeing some downside, pondering a small long position at $11250, but ideally looking to load the bus around $7500. Patience is a virtue, stay liquid.
rmchuh
BTC Rising Wedge

There are still a lot of decisions to be made at this level
rmchuh
MTV Technically Next CRO?

Seeing some chart similarities to pre-pump CRO on the chart. Hidden bullish divergence on the RSI may look spicy
rmchuh
DOGE Move

DOGE looks to be setting up another move upwards on the 12hr. 4hr is exremely oversold. RSI is attempting to defend the 65 zone, an extremely bullish signal. It just finished breaking its downtrend line with volume tailing off TP1 - 0.185 TP2 - 0.215 TP3 - 0.236
rmchuh
ACH Trendline Retest

Howdy all, this setup looks eerily similar to a setup I traded yesterday in AVAX that I linked below. Seeing a bullish divergance on the RSI, coupled with an insanely tight squeeze. I'm only going for a 2:1 here with a tight stop because I have little experience swing trading this coin. If you like my ideas, be sure to give me a follow! Always looking for tips to improve/grow as a trader.
rmchuh
ZEC bounce to 230

Howdy all, looking at some bullish divergence here with the RSI. Looks to be sitting at its previous low from two days ago and may be trying to put in a double bottom. Target is 230, stop close at 214.75. Just tryna get in and out quickly, especially on an hourly downtrend.
rmchuh
AVAX Downtrend Breakout

Looking for a quick swing here, looking to exit at daily resistance to the top side with a stop loss close beneath for any lower lows.
rmchuh
DOTUSD Buy

Price appears nestled between a daily support and its uptrend, making this a nice pickup. RSI curling up too means this may see another leg up. $45 could be a quick swing, but I think we could see a retest of ATH.
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