We have mainly two signals here but we can work with these: 1) Falling wedge pattern 2) Rising vs decreasing volume The falling wedge pattern can stand on its own as a bullish signal. It denotes a major downtrend and when the action reaches the apex of the pattern, it can signal that a reversal is really close. As we get to the end of the pattern a new All-Time...
I have taken a position on RENBTC in the spot market, and this is my own idea. This trade was executed on Binance. We can expect to see green days again for this coin soon.
Hi dear friends, hope you are well and welcome to the new trade setup of REN token with Bitcoin pair. Previously we caught almost 180% of REN as below: Now on a 4-hr time frame, REN has formed bullish Butterfly move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
Ren has gone bullish vs Bitcoin, early signal. This is also true for the USDT pair which I will share after this one. Notice the strong volume today as prices move above EMA10. This is a very strong signal. Note: A negative close can negate this signal and that is why we always have a stop-loss and use a plan when we trade. The charts are always...
reclaimed H4 then retraced to test it now go 833 tp1 then blue line
just checking out potential laggards this approaching the 200 on the daily flip that and its go time as will the rest of the market imo
#REN Took the trade based on the most recent 2D Buy signal by the UCTS. Currently sitting on a 25% profit 👌 Looking for a potential R/S Flip around the ~700 sats area that would allow the uptrend to continue $REN
Hello guys. i think it will help you. Stop loss : 450 ~ 420 good lock.
We have a low followed by a lower low on RENBTC, when we look at January vs May. As for the RSI, we have a higher low in these two days and that's our bullish divergence. A strong signal if you ask me and supports additional growth. The counter trendline is the main/short-term target at 70%+... There can be more. Namaste.
This is the same chart I've been sharing in the past and things are going just as planned. We can see all the classic bullish signal, the divergence with the indicators, the bullish cross, prices moving above EMA10, etc. Patience is key on this one. Here is the previous chart (March 2): Namaste.
REN/BTC on M30 gradually respecting the trend Lind REN price at risk of 50% drop after a bearish trading pattern shows up
I always jump in "early" because it is better to be early rather than late. Remember that it does not matter how many bullish signals are in place the charts can always change. Here I focus mainly on spotting the reversal, a good entry... Once you are in and prices start growing, the rest is easy. But if it drops one needs to either be prepared to wait long or...
This chart says it all. Buy this low now or cry later.
I find REN very beautiful here, especially now that DEFI is reviving. Higher low on an important point where there is a lot of support. A higher high (close) was also seen before that. Also bottomed on Weekly Demand here.
$REN 50%+ over the last 48hs Highest volume since september & UCTS Buy signal flashing on the daily Will see if its able to hodl above this area and then look for an entry #REN
Take a look at this... This is my first analysis for Ren Protocol (RENBTC), dated Feb. 19, 2019. Ren (RENBTC) A Hidden Gem? Ever since those days I became a fan of this pair and we have been successful on multiple trades. We are now bullish, again. We have a perfect falling wedge pattern and a bounce at the Fib. retracement 0.786 level. We are aiming at...