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REN/BTC TA Update (Bulls getting ready?)
REN/BTC
REN is showing signs of strength after the price bounces from the downward trend-line of support at around 420 sats area. REN is painting a potential Higher Low setup and an EMA cross.
The price is currently testing the downtrend of resistance and facing a little hesitation to break bullish. We could see REN consolidate in this area within a week before it decides to break Higher High.
I'm leaning to the Bulls side if REN can hold this level within 48 hours or more.
REN is showing signs of strength after the price bounces from the downward trend-line of support at around 420 sats area. REN is painting a potential Higher Low setup and an EMA cross.
The price is currently testing the downtrend of resistance and facing a little hesitation to break bullish. We could see REN consolidate in this area within a week before it decides to break Higher High.
I'm leaning to the Bulls side if REN can hold this level within 48 hours or more.
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