REN/USD Secondary trend. Channel formation. 08 2023
Updated
Logarithm. Time frame 3 days. Exit from the downtrend in the long-term trend.
Local trend. The price is at the lower zone of the horizontal channel at its support. For local trading, it is important to break the descending line of the local trend (purple color). In general, this is the accumulation zone of this cryptocurrency.
Line chart. This squeeze under the support is not visible on it.
Secondary trend (publication 2022 01 03)
REN/USD Secondary trend. Wedge. % of key zones
Major trend (publication 2022 01 03)
REN/USD Major trend. Accumulation of 637. Distribution 637
Local trend. The price is at the lower zone of the horizontal channel at its support. For local trading, it is important to break the descending line of the local trend (purple color). In general, this is the accumulation zone of this cryptocurrency.
Line chart. This squeeze under the support is not visible on it.
Secondary trend (publication 2022 01 03)
REN/USD Secondary trend. Wedge. % of key zones
Major trend (publication 2022 01 03)
REN/USD Major trend. Accumulation of 637. Distribution 637
Trade closed: target reached
Trade active
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✅ YouTube (Rus): goo.su/vpRzRa2
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