Panjang
$RSR $BTC | Imminent Break, 3 Key Metrics To Watch

$BINANCE:RSRBTC
Very interesting chart with 3 key tings to watch for.
1st - Price action is about to react to a previous resistance zone and re-test. Break of this and we're likely to trend down considerably for some time. Rejection and we're looking for a higher high to confirm the trend to be sure but with rejection gives opportunity for an entry.
2nd - Incidentally this is a key area as POC on the VPVR is also piercing right through with much of the high volume nodes
3rd - Price action has been slowly compressing over time with a series of lower highs and higher lowers visually represented by the resistance and support lines drawn forming a bull pennant
Can be patient with this one and wait for confirmation or alternatively long the retest
Very interesting chart with 3 key tings to watch for.
1st - Price action is about to react to a previous resistance zone and re-test. Break of this and we're likely to trend down considerably for some time. Rejection and we're looking for a higher high to confirm the trend to be sure but with rejection gives opportunity for an entry.
2nd - Incidentally this is a key area as POC on the VPVR is also piercing right through with much of the high volume nodes
3rd - Price action has been slowly compressing over time with a series of lower highs and higher lowers visually represented by the resistance and support lines drawn forming a bull pennant
Can be patient with this one and wait for confirmation or alternatively long the retest
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.
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.