REPBTC pair, after a long downtrend, is showing signs of recovery.
This could be a successful break from this line, however, short-term excursions have occurred recently.
Stop-buy is placed above this candle with a conservative take profit level based on the previous resistance zone. However, price can rise beyond that level if the market response is bullish.
Moreover, BTCUSD also shows the same behavior, but currently a REPBTC seems more profitable.
DMI and MACD seem bullish
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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.