$REN - Swing trade set up
Symmetrical triangle formation accompanied by volume decreasing in a similar manner.
Breakout should follow with large volume expansion - ideally a long position should be taken at the swing high point.
Breakout from the triangle could go up or down but this protocol has excellent DeFi fundamentals, so expect up side.
dyor ;)
Breakout should follow with large volume expansion - ideally a long position should be taken at the swing high point.
Breakout from the triangle could go up or down but this protocol has excellent DeFi fundamentals, so expect up side.
dyor ;)
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