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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.
İşlem kapandı: hedefe ulaştı
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.