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SholaOD
Aug 11, 2022 6:12 AM

RMRK BREAKING OUT (11 AUG 22) Long

RMRK / TetherKuCoin

Description

RMRK USDT is currently breaking out of an inverse head and shoulders pattern with significant volume, the target is $4.55 or $4.6, however there is a possibility of the neckline at 3.95 being retested before the target is met(but this is not a guarantee). The RSI is also in overbought territory which also points to the fact that there will be a pull back.
So far btc does not have a significant dip or baring any negative news the target should be met.

Let me know your thoughts and comments below, also give a like.
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.

Thanks for your contribution.
From mod @Bravetotrade
SholaOD
@Bravetotrade, thanks for the encouragement. I am trading view is such a great tool
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