Long
RDN - could pickup a breakout
Looks like most uptrends were interrupted by BTC antics. This could be recovering, looking for a breakout up to its previous high in this run.
Would like to see a couple strong closes above this resistance area to avoid a false breakout. Stop placed below resistance line, with enough gap to avoid being stopped early, likely around where the candles dipped too when they were previously above this resistance.
Will also be waiting to see whether indicators are pointing to bullish when/if this break happens.
Would like to see a couple strong closes above this resistance area to avoid a false breakout. Stop placed below resistance line, with enough gap to avoid being stopped early, likely around where the candles dipped too when they were previously above this resistance.
Will also be waiting to see whether indicators are pointing to bullish when/if this break happens.
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.
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.