Long
REN breakout ?
Price Action(PA): REN closed above EMA 21,50,100,200 Strong Uptrend. Break up Ascending trianlge up (bullish pattern).After that hold above EMA 21(white line).
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Overbought level. With entry safer wait at correction to 565 price level.
Volume increased and confirm bullish price action.
S/R: Support at 477 sats 0.5 fibs level and 530 sats, Resistance at 740 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Overbought level. With entry safer wait at correction to 565 price level.
Volume increased and confirm bullish price action.
S/R: Support at 477 sats 0.5 fibs level and 530 sats, Resistance at 740 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Note
REN achieved target 740 satsTrade closed: target reached
REN hit higher high
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.