Panjang
RCN/BTC. bullish structure formed
we are now experiencing an ascending triangular pattern in RCN.
Ascending triangles are usually a bullish sign.
price was sustained above kumo which indicates upward movement. '
MACD confirms bullish movement.
Strength index seems to be weaker than what is needed to start a bull run.
I expect a slight upward movement but we are not going to experience a massive parabolic move in the meantime.
Exit strategy should be placed based on cost averaging.
Targets: 1383,1400,1477.
movement invalidation is below 1075 sat below the kumo.
good luck to all.
Ascending triangles are usually a bullish sign.
price was sustained above kumo which indicates upward movement. '
MACD confirms bullish movement.
Strength index seems to be weaker than what is needed to start a bull run.
I expect a slight upward movement but we are not going to experience a massive parabolic move in the meantime.
Exit strategy should be placed based on cost averaging.
Targets: 1383,1400,1477.
movement invalidation is below 1075 sat below the kumo.
good luck to all.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.