RENBTC. Bullish 2H chart
Bullish Trend.
-Uptrend Candlestick with uptrending volume. Means the pullback is to prepare for bigger push. When the volume is increasing when candle stick goes up, the buying momentum is increasing and the pull back is where they start taking profits. but since the buying volume is increasing, it will continue going upward.
how to enter?
- RSI Oversold (checked)
- check on MACD Histogram. once the green upper bar is decreasing, means the buying power is getting weaker and selling power taking over again. when they start crossover, you may enter at nearest support level or when selling momentum i over.
-Uptrend Candlestick with uptrending volume. Means the pullback is to prepare for bigger push. When the volume is increasing when candle stick goes up, the buying momentum is increasing and the pull back is where they start taking profits. but since the buying volume is increasing, it will continue going upward.
how to enter?
- RSI Oversold (checked)
- check on MACD Histogram. once the green upper bar is decreasing, means the buying power is getting weaker and selling power taking over again. when they start crossover, you may enter at nearest support level or when selling momentum i over.
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