RNDR has just broken the descending channel and also the MA 200D.
Retest is on-going but in accordance to BTC's view in short-term (see link below), it's unlikely that this is a false break-out. Rejection by the lower trendline would happen, in my opinion.
As a result, a short setup is proposed as in chart.
Retest is on-going but in accordance to BTC's view in short-term (see link below), it's unlikely that this is a false break-out. Rejection by the lower trendline would happen, in my opinion.
As a result, a short setup is proposed as in chart.
now consolidation for next moves