RENUSDT, the has been increasing and about to reach the resistance line. Possible scenarios at this point; 1. It will continue to increase and hit the resistance line above with an open-close candle. it is time to buy. 2. It might start to decrease, wait until it pulls back the uptrend line with an open-close candle, it is time to sell. The next movement will be through the support line.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.