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t_trad_coach
Jun 21, 2022 5:51 PM

Messy PA REN Long

Ren / TetherUSBinance

Description

The price action for REN seems really messy and volatile. The volatility could be a good sign of volume arriving.

There is the formation of an inverse head and shoulders here, with like a consolidation/build up potentially starting here for the right shoulder under resistance.

The green box below could be a good place to take long positions. Looking for consolidation, ranging price action here before breaking upwards.
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CryptoBullTrades
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