RENUSDT broke out diagonal demand line a few days ago.
Break out has been confirmed 2 times now, the RSI is also showing bullish divergence on the 4H and on the 24H macd.
There is an inverse head & shoulder pattern that can take price up to $1.44
Next target would be the 0.786 at $1.61
No financial advice just my view of the markets.
Break out has been confirmed 2 times now, the RSI is also showing bullish divergence on the 4H and on the 24H macd.
There is an inverse head & shoulder pattern that can take price up to $1.44
Next target would be the 0.786 at $1.61
No financial advice just my view of the markets.
Comment:
REN was breaking out nice when btc spoiled the party and REN got totally rekt with a liquidation scamwick down to 0.015.
Keep an eye on a channel breakout.