Long

REN - Bounce coming?

Updated
REN is falling continuously and is underperforming as compared to other coins for past few day.
REN is trending in narrow channel and seems it is at the bottom of the channel.

I expect REN to consolidated a bit and bounce as its peers.
Note
On daily, 50EMA is acting as support.
It bounce from here
snapshot
Note
Breaking out and EMAs are there waiting to stop it...!!!
snapshot
Chart PatternsRENRENBTCTrend Analysis

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