rasnek

RENUSDT DB confirmation on breakout

rasnek Actualizado   
BINANCE:RENUSDT   Ren / TetherUS
RENUSDT broke out diagonal demand line a few days ago.
Break out has been confirmed 2 times now, the RSI is also showing bullish divergence on the 4H and on the 24H macd.
There is an inverse head & shoulder pattern that can take price up to $1.44
Next target would be the 0.786 at $1.61

No financial advice just my view of the markets.

Comentarios:
RENUSDT is still looking good after the BTC dip and recovered well.
Keep an eye on a channel breakout.
Comentarios:
REN was breaking out nice when btc spoiled the party and REN got totally rekt with a liquidation scamwick down to 0.015.
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