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.
Comment:
REN achieved target 740 sats
Trade closed: target reached:
REN hit higher high