calebbutts22
Long

RPX/BTC Bullish Breakout

BINANCE:RPXBTC   Red Pulse / Bitcoin
RPX             was just listed on binance less then 24 hours ago there was a selloff when it was first listed but as we've seen with other coins they usually spike back up the next day and it looks like that is what is starting to happen right now.

EMA's our 13 EMA broke through our 34 EMA about 6 hours ago and has been steadily moving up.

the volume for the coin has quadrupled ( 4x) in the last 12 hours with the bulls beating the bears for the most of it.

the MACD has been in a consent upward movement for the later half of the day (UTC-05:00) and i believe will continue.

I am still new to trading view so any input at all would be much appreciated.

Thank You,
Caleb Butts
Kommentar: also we are approaching the same volume (55m) RPX had when it got its ATH of 5100 SAT (currently 47m 24h volume)
Kommentar: we had a nice bounce off the support line the MACD is looking good the RSI is alittle high but we still have room.
Kommentar: we are currently in a sideways trend at the moment after our short pump yesterday. RPX has stayed above the trend line so there is still a possibility of a breakout, i will update when something happens
Correction or beginning of downtrend?

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calebbutts22 michael_ermacora
@michael_ermacora, i dont think this is either, this is just a slight dip below the trend line, we will bounce back upward
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michael_ermacora calebbutts22
@calebbutts22, thanks for the reply, i think i got in a bit late on this, bought in at 3200? what do you think are the possible targets atm.
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calebbutts22 michael_ermacora
@michael_ermacora, i believe you should be fine, and i couldnt say its already up 75% from when it was posted to binance but i think we still have a nice pump ahead of us, its ATH was 5100 SAT i dont think it will surpass that but that gives up plenty of room to grow. i hope this helps
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