Long
Potential up trend continuation
$BINANCE:RCNBTC recently broke out of downtrend and is now trying to establish clear resumption from recent falls.
Stochastic RSI near 25.
RSI in grow move.
Price one more time uses MA 25 as trend line support.
First target 700 sat, next 830 sat. Be careful when price drops down below 570! Moving on 600 sat should be a confirmation of resumption.
Stochastic RSI near 25.
RSI in grow move.
Price one more time uses MA 25 as trend line support.
First target 700 sat, next 830 sat. Be careful when price drops down below 570! Moving on 600 sat should be a confirmation of resumption.
Order cancelled
Trade canceled because price move did not confirm uptrend.
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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.