Binance Hot list coin July, 3rd 2020 : RENUSDT #4
The EMA 55 in this chart pattern (yellow) is having a significant effect that drive the price as a dynamic support. In align with this moves, the price is forming a contracting triangle pattern which is now trending very close with the APEX of the triangle. At this stage, there will be a war in the order book between the bears and the bulls. But, it's worth of waiting that in case the price can breaks out to the upside, we'll see a further push toward the interim swing high region.
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.
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.