junoooo

REP - The Beginning of a bullish run?

לונג
BINANCE:REPBTC   None
Hey guys!

To continue my last REP/BTC chart, I took a closer look today.

We crossed the 0.0051 Restistancearea again, and changed it to our support, what could be the beginning of a new bull run.
All SMA's crossing like hell, giving strong buy signal.
Bearish Trendline was broken too, and we can get in the trade again.

As u can see, RSI is very high, but still above bullish trendline, so we have to trade carefully, but can take a shot.

I would set SL short below supportarea, and give it a try.

TP1: 0.0055
TP2: 0.006

Happy trading!

!! Mention: That is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
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