RCN/BTC Breaking Out Ascending Triangle
RCN/BTC is located at the end of the Ascending Triangle graph formation. In the coming hours I expect BreakOut from this formation, probably upwards.
I will write here only important price levels that need to be monitored. Buy Zone 630sats to 600sats and we are currently in it. Stop Loss 515sats goes below the bottom of the trend. Take profits as always are more important resistances from historical graph development grafu. We are waiting for bullish signals like increased buy volume, BreakOut buy zone, RSI has room to grow. If we get out of the bottom trend, Sell.
I will write here only important price levels that need to be monitored. Buy Zone 630sats to 600sats and we are currently in it. Stop Loss 515sats goes below the bottom of the trend. Take profits as always are more important resistances from historical graph development grafu. We are waiting for bullish signals like increased buy volume, BreakOut buy zone, RSI has room to grow. If we get out of the bottom trend, Sell.
Slovak Website: tradify.sk/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.