Long
REN/BTC Bullish Price Action | Structural Support | Trade Setup
REN/BTC
Overall healthy uptrend with strong bull volume follow-through
A recent strong push to 1.618 fib extension
Currently retraced to .618 fib retracement in confluence with structural support
Break out of counter-trend wave validates next target of 2.618 fib extension, also in confluence with structural resistance
Overall healthy uptrend with strong bull volume follow-through
A recent strong push to 1.618 fib extension
Currently retraced to .618 fib retracement in confluence with structural support
Break out of counter-trend wave validates next target of 2.618 fib extension, also in confluence with structural resistance
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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.