Long
REN - Bounce coming?
REN is falling continuously and is underperforming as compared to other coins for past few day.
REN is trending in narrow channel and seems it is at the bottom of the channel.
I expect REN to consolidated a bit and bounce as its peers.
REN is trending in narrow channel and seems it is at the bottom of the channel.
I expect REN to consolidated a bit and bounce as its peers.
Note
On daily, 50EMA is acting as support.It bounce from here
Note
Breaking out and EMAs are there waiting to stop it...!!!
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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.