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blockchaintrends
Oct 9, 2019 9:22 PM

REN breakout ? Long

Ren / BitcoinBinance

Description

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.

Comment

REN achieved target 740 sats

Trade closed: target reached

REN hit higher high
Comments
alireza1136
whats your idea about next days?
blockchaintrends
@alireza1136, Correction retest 600 sats
this is my idea.THIS IS NOT FINANCIAL ADVICE
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