Ren is still looking bullish... If we can get a break out AND a close above the two tops we could see REN move up another 20ish percent. Ignore my long position graph i only trade FUD and FOMO... jk but i am feeling quite confident REN will continue its bull run and break out to new highs.. Based on the short term decline in price from the top, we may see a bit more of a correct within our ascending wedge before another solid breakout happens.
Ascending Wedge is looking tasty and i'm going to be keeping my eye on the Volume and Momentum indictors for further reassurance.
Let me know what you think. :)
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Had a pretty solid correction from the top but we're still within the wedge. Continuing to watch Volume and Momentum indictors. We could possibly see another drop back down to the wedge line before breaking out above previous resistance setting ATHs
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Had a pretty solid correction from the top but we're still within the wedge. Continuing to watch Volume and Momentum indictors. We could possibly see another drop back down to the wedge line before breaking out above previous resistance setting ATHs
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If we can get a daily close above our line of resistance REN will shoot up another 20ish percent
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We officially got our break out and daily close above previous resistance!