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$RSR $BTC | Imminent Break, 3 Key Metrics To Watch

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$BINANCE:RSRBTC

Very interesting chart with 3 key tings to watch for.

1st - Price action is about to react to a previous resistance zone and re-test. Break of this and we're likely to trend down considerably for some time. Rejection and we're looking for a higher high to confirm the trend to be sure but with rejection gives opportunity for an entry.

2nd - Incidentally this is a key area as POC on the VPVR is also piercing right through with much of the high volume nodes

3rd - Price action has been slowly compressing over time with a series of lower highs and higher lowers visually represented by the resistance and support lines drawn forming a bull pennant

Can be patient with this one and wait for confirmation or alternatively long the retest
İşlem aktif
$RSR $BTC | UPDATE | Breakout played out as expected

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.