REN, Time to Run

29 ביוני 2021

RENUSD, Daily, The MACD & RSI are shifting positive with bullish, reversal divergence implied on this longer-term, time frame. The downsloping trendline is being broken with these recent candle closes, the first since the April 16 & 17 tweezer top, and this breakout occurs at the 96% retrace from local high. This has reversal written ALL OVER IT. Capital can be reclaimed at the first target, and profits take with additional holdings at the marked Fib levels.