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$RSR $BTC | Imminent Break, 3 Key Metrics To Watch
$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
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
액티브 트레이드
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.