$RE trade alert
Long opportunity from 0.57 to 0.58 zone
Yo $RE had a massive drop from 1.09 all the way down to 0.52
That's over 50 percent correction
Now it's sitting at 0.60 and showing signs of a bounce
MA 7 is at 0.56 and rising which is a bullish sign
Price is holding above MA 7 and that's the first step
MACD is positive at 0.0030 with DIF above DEA
That's a bullish cross on the 1h timeframe
Volume is steady which supports a reversal
The best long entry is between 0.57 and 0.58
First target is 0.65
Second target is 0.72
Third target is 0.80
Stop loss below 0.53
This level has shown support and a bounce is likely
Long opportunity from 0.57 to 0.58 zone
Yo $RE had a massive drop from 1.09 all the way down to 0.52
That's over 50 percent correction
Now it's sitting at 0.60 and showing signs of a bounce
MA 7 is at 0.56 and rising which is a bullish sign
Price is holding above MA 7 and that's the first step
MACD is positive at 0.0030 with DIF above DEA
That's a bullish cross on the 1h timeframe
Volume is steady which supports a reversal
The best long entry is between 0.57 and 0.58
First target is 0.65
Second target is 0.72
Third target is 0.80
Stop loss below 0.53
This level has shown support and a bounce is likely