I noticed same patter with REN exactly before exploding.
It`s just an idea, I am still a beginner and learning :)
It`s just an idea, I am still a beginner and learning :)
Note
I am expecting first to go to the yellow line, before the actual breakout, to do some resistance testing. If it breaks that line...Note
After the price drop, I was a bit disappointed, but I didn`t give up! I changed the charts from 1H to 4H and guess what?!
Same idea applies, the only difference is that we have new support at $16.
Do your own studies but let me know what do you think.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.