SholaOD

RMRK BREAKING OUT (11 AUG 22)

Long
KUCOIN:RMRKUSDT   RMRK / Tether
RMRK USDT is currently breaking out of an inverse head and shoulders pattern with significant volume, the target is $4.55 or $4.6, however there is a possibility of the neckline at 3.95 being retested before the target is met(but this is not a guarantee). The RSI is also in overbought territory which also points to the fact that there will be a pull back.
So far btc does not have a significant dip or baring any negative news the target should be met.

Let me know your thoughts and comments below, also give a like.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.