AlanSantana

REI Network Trades Above EMA100 (88.8% Target)

Long
UPBIT:REIBTC   REI / BTC
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.

Keep in mind that the big capitalization altcoins are doing low followed by lower low but the end result is still the same.

After the mid-June lower/higher low comes a bullish breakout...

Just like TVK and LOOM we saw just now (see Related ideas below) as well as dozens of other pair in the small cap. size block.

Namaste.

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