REI/BTC - Inverted H&S bottom completedInv. HnS bottom pattern completed
Retesting its neckline(around .118sat)
T.P. is around .17sat
Keep the higher-low in a low time frame.
Key to complete the pattern is to hold $.031ish
Pros
1. It has horizontal neckline -> better than slanted neckline
2. Futures contract has not listedon Binance
REI Network Trades Above EMA100 (88.8% Target)REI Network (REIBTC) trades above EMA100 for the first time in over a month, showing upside potential.
Notice the 23-June and 7-July candles... High volume with a very strong RSI.
We also have the "same pattern" and that is a low 12-May followed by a higher low and then a strong bullish breakout.
REI fib targets (BTC pair) full chartThis is an interesting chart with REI, new binance listing
Currently we can see the SELL indicator breaking a lagging support area
This can be also considered a healthy pullback in order to grow even more in the future
We all know the market is down very oversold right now
The only way to remain p
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.