Introduction: 💬Ren (RENUSDT) is looking good overall with its current overall uptrend, now the question remains of if this can hold going forward or if this current market structure is producing a top formation? Only Time will tell but we can surely plan accordingly for both the nest case situation of continuation and worst, being a rollover and breakdown of...
Ren is still looking bullish... If we can get a break out AND a close above the two tops we could see REN move up another 20ish percent. Ignore my long position graph i only trade FUD and FOMO... jk but i am feeling quite confident REN will continue its bull run and break out to new highs.. Based on the short term decline in price from the top, we may see a bit...
REN/BTC -since the last Buy priority signal from Cross Ultimate indicator -the price went up over 200% til now -there are multiple entry points during its strong uptrend -showed in the chart for good pullback entries or breakout entry -REN also hits an ATH on exchange history -I do not recommend to buy at current levels -wait for a corrective pullback and...
As of May 27th, 2020, the Ren Team has successfully deployed the RenVM code to mainnet. This accomplishment is a massive leap forward for the DeFi space as we currently know it. Never before in the cryptocurrency ecosystem have we been able to utilize a custodian with such features as: trust-less, backed securely in value 1:1, linearly scale-able, decentralized –...
🟨 Ren's RenVM MainNet is almost here and the bulls are still charging ahead. The upcoming technology is impressive and so is this run. Let's look at some levels to see the bull's path to glory and the bear's best chance of revenge. Support: The S1 S/R flip is the first point of support for the bulls. Finding support here preserves bullish momentum, which is...
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We can see Head and shoulders pattern in downtrend. When the price breaks above the neckline of an inverse pattern it means the prior downtrend is likely over, and an uptrend is underway. It's time to buy. If the price close above 0.1 then we wait for the target #2. Signals: MACD line crossing Signal line Bulish Engulfing 16-18:00 (26.05.) Broken neckline...
REN/USDT -breakout and new higher high -new immediate support at 0.071s -the cross ultimate indicator flashes a Long signal -trading priority is to the upside -the potential target is the swing top at 0.0869s+ -key stoploss below immediate support
REN/BTC REN is still forming a series of higher lows and manages to get above the 50D MA. If REN can hold current levels or retest the 50MA as new support. We could see a potential small rally up to 870 sats and if the downward trendline is broken. The next upside target is up to 1000 sats, our stop-loss is placed under 600 sats.
Entry : 0.00000461 - 0.00000413 Target 1 : 0.00000535 Target 2 : 0.00000603 Target 3 : 0.00000714 Target 4 : 0.00000819 Target 5 : 0.00000924 Stop loss : 0.00000405 Risk/Reward : 15%/105% Do not hurry to buy, the price may go down to good places Please share your opinion in the comments box and do not forget to press the like button Add to watchlist
REN/BTC REN is showing signs of strength after the price bounces from the downward trend-line of support at around 420 sats area. REN is painting a potential Higher Low setup and an EMA cross. The price is currently testing the downtrend of resistance and facing a little hesitation to break bullish. We could see REN consolidate in this area within a week before...
Breaking descending trenline Falling Wedge Breaking Seems to hold the ascencding bottom trendline Be careful, deat cat is possible before new low Not Financial Advice
World's 114th ranked crypto token REN has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look at the dimensions of REN price action's move: After initial leg (X to A) the A to B...
Priceline of REN / US Dollar is forming a bullish Gartley pattern and soon it will be entered in potential reversal zone insha Allah. Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area. I have defined targets using Fibonacci sequence as below: Buy between: 0.05409 to 0.05129 Sell between: 0.05629 to...
Wait for the entry in the last support Possible +25% bounce from there