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REI Network (ex. GXC) / Bitcoin

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REIBTC trade ideas

REI Network Trades Above EMA100 (88.8% Target)REI Network (REIBTC) trades above EMA100 for the first time in over a month, showing upside potential. Notice the 23-June and 7-July candles... High volume with a very strong RSI. We also have the "same pattern" and that is a low 12-May followed by a higher low and then a strong bullish breakout. Keep in mind that the big capitalization altcoins are doing low followed by lower low but the end result is still the same. After the mid-June lower/higher low comes a bullish breakout... Just like TVK and LOOM we saw just now (see Related ideas below) as well as dozens of other pair in the small cap. size block. Namaste.
Long
by AlanSantana
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