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bloke_capital

REN - Bounce coming?

Long
Ren / Bitcoin (BINANCE:RENBTC)  
bloke_capital Updated   
BINANCE:RENBTC   Ren / Bitcoin
Trend Analysis Chart Patterns RENBTC REN
5
0
trendanalysis chartpattern renbtc ren
REN is falling continuously and is underperforming as compared to other coins for past few day.
REN is trending in narrow channel and seems it is at the bottom of the channel.

I expect REN to consolidated a bit and bounce as its peers.
Comment:
On daily, 50EMA is acting as support.
It bounce from here
snapshot
Comment:
Breaking out and EMAs are there waiting to stop it...!!!
snapshot
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