REN USD levels and trend lines
REN broke out of the ascending wedge pattern on the 4 Hour and is hovering around the .618 fib level, which forms the top of the wedge.
If this area holds (3.4-3.5), we should see the next levels on the fib retrace as targets for resistance and support ~ .38 and .42 respectively.
We are seeing a heavy correlation with bitcoin right now, so be sure to pay attention to BTC.
If this area holds (3.4-3.5), we should see the next levels on the fib retrace as targets for resistance and support ~ .38 and .42 respectively.
We are seeing a heavy correlation with bitcoin right now, so be sure to pay attention to BTC.
Nota
I posted an update of this chart - see the page for it, yo!Nota
Reached the first target of .382 at the .786 Fib retracement level!This level should become support, next stop .422
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.