Long

RENUSD is forming a Cup & Handle

Watch this coin as I believe if it all plays out we could hit $2.40 in the near future. Buy zone is at the bottom of the flag formation. If it does not break out at top, we could have correction wave E and do a quick trade before the BOOM. This is a potential of 4x profit. I will follow up as time passes. It just broke the 50 day Moving Average so it should bounce off the 200 around bottom of flag.
Cup And HandleFlagMoving Averages

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