Ren vs Tether | Bullish Breakout Confirmed Through Volume

We have a lower low on RENUSDT which is also good since the stop-losses have been activated.

The market has the liquid it needs to grow.

Todays trading volume is the highest since September 2021, more than a year ago.

It is also the second highest volume day on the history of this chart, RENUSDT on KuCoin.

This is normally a real move but still early as the daily candle hasn't close.

The 22-Nov. candle sends out a reversal signal and today we get confirmation as prices move above EMA10 on high volume.

A close above EMA10, $0.0788, fully confirms a bullish breakout.

What these signals are telling us is that there is room for additional growth.

Will we have a bullish wave across the cryptocurrency markets in December?

It is looking like it.
Many trading pairs are starting to wake up.

You too... Wake Up!

Time to make some money, we've seen red long enough.

Namaste.

Kommentera:

+77% so far... Enjoy the profits.