TRADE OF THE DAY | RNDR looking to breakout
It needs to begin with, everything in the market is a little shakey right now - so big BTC moves are wrecking set ups quite alot - manage your risk accordingly.
Although we are seeing a couple of key triggers here in a breakout of the RVOI trendline and a solid divergence in play - there is the added bonus of the not fully test bullish weekly pivot to help confirm a breakout.
It needs to begin with, everything in the market is a little shakey right now - so big BTC moves are wrecking set ups quite alot - manage your risk accordingly.
Although we are seeing a couple of key triggers here in a breakout of the RVOI trendline and a solid divergence in play - there is the added bonus of the not fully test bullish weekly pivot to help confirm a breakout.