๐ Render gives exciting signals, upcoming opportunity?
Currency $RENDER shows Bullish Divergence between price and RSI ๐
Indicating the possibility of a bullish reversal
โ ๏ธ But be careful:
The 50 EMA on the 4h timeframe still forms a strong resistance wall. No real rise without breaking and holding above it
๐ฏ Trading plan:
๐ Entry: 1.880 โ 1.900
๐ฏ TP: 2.020
๐ SL: 1.799
โก Breaking 1.920 may provide an additional entry opportunity
โ ๏ธ The trade fully depends on breaking the 50 EMA
Caution is required
$RENDER ๐ ๐
Currency $RENDER shows Bullish Divergence between price and RSI ๐
Indicating the possibility of a bullish reversal
โ ๏ธ But be careful:
The 50 EMA on the 4h timeframe still forms a strong resistance wall. No real rise without breaking and holding above it
๐ฏ Trading plan:
๐ Entry: 1.880 โ 1.900
๐ฏ TP: 2.020
๐ SL: 1.799
โก Breaking 1.920 may provide an additional entry opportunity
โ ๏ธ The trade fully depends on breaking the 50 EMA
Caution is required
$RENDER ๐ ๐