Inv. HnS bottom pattern completed
Retesting its neckline(around .118sat)
T.P. is around .17sat
Keep the higher-low in a low time frame.
Key to complete the pattern is to hold $.031ish
Pros
1. It has horizontal neckline -> better than slanted neckline
2. Futures contract has not listedon Binance and other exchanges yet -> like YGG, AGLD, AUCTION / Could go even...
looks to have broken out of downtrend and is currently under the 200 which is around 1950 sats
expecting a sudden burst of volume to flip that and get going
invalidation below 1520
insane m cap so can move quick
REI Network (REIBTC) trades above EMA100 for the first time in over a month, showing upside potential.
Notice the 23-June and 7-July candles... High volume with a very strong RSI.
We also have the "same pattern" and that is a low 12-May followed by a higher low and then a strong bullish breakout.
Keep in mind that the big capitalization altcoins are doing low...
This is an interesting chart with REI, new binance listing
Currently we can see the SELL indicator breaking a lagging support area
This can be also considered a healthy pullback in order to grow even more in the future
We all know the market is down very oversold right now
The only way to remain patient is to think long term
Have a great week
A happy Monday
