REN/USD

This chart on REN/USD focuses on moving averages and volume. I outline how the moving averages/volume are similar to a previous move that already took place. I attempted to simulate what I believe could be coming in the near future by recreating the pattern I was able to identify. With the recent price movement I expect a healthy retrace and outlined 3 possible levels of support (green) to look out for if REN ends up correcting. Once we go through this correction I expect for us to pass through the line of resistance drawn out (red).

I am posting for feedback on my ideas to learn and improve my TA. I am NOT a financial advisor and I suggest everyone does their own research before investing in anything.

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Thanks!

WhiteJesus

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WhiteJesus