RLinda ! RENUSDT-> Will there be a resistance breakthrough?

7 Mar 2023

RENUSDT against the background of the correcting cryptocurrency market looks quite confident and, presumably, is preparing to break through resistance

The price forms the third retest in a row against the descending resistance line, forming a bearish wedge. A pattern that can form a strong bullish impulse in the medium term and even change the trend.
There is a high probability of price exiting the range (consolidation) and further growth.

In the medium term I expect breakthrough of resistance and consolidation of the price above the level of 0.1212 with further bullish impulse formation to 0.2000, 0.246, and in the long term to 0.4226.

Regards R. Linda!