Maybe not today but eventually. Inverse head n shoulders, break the yellow line and we moon
Hi All, Looking from bullish perspective in the coming weeks and months, we can stipulate price action as long as some conditions are met. These stipulations or assumptions have to be confirmed along the way, otherwise this "THESIS" is only that. Having said that, lets move on. Have you heard of the bump and run strategy, if you havn't, then you wont understand...
RENBTC selftest 2021.02.11
It seems the asset is now in phase C, after a Spring + test confirmed. It could give a nice profit if the price is now under a Jump Above the Creek (JAC). Cheers.
The REN project is another fundamentally sound DeFi project that is poised for major growth in 2021. A decentralized protocol that allows for users to transfer cryptocurrencies from one blockchain ecosystem to another. This project already has major utility being used on a daily basis and will only continue to grow with the growth of DeFi and the overall...
This is my first technical anlysis ever. What do you think ? Looking forward to your comments
Last week, REN / BTC hit a rough patch after a strong start to the year. REN is used for ‘wrapping’ assets on Ethereum and is pretty popular. REN is needed to create a ‘darknode’, which wraps BTC, BCH, and ZEC, bringing them to the Ethereum network. Darknodes earn fees and with the wrapped BTC (or other asset) holders have it both ways: they keep their Bitcoins...
-Cup n Handle on RENBTC. -Volume tapering off -explosive move Up probable
little bit more volume than we need as well as starting H/S on 1H, nothing is perfect but this should work out
#REN/BTC daily chart long... buy in red box.... SL IS RED LINE..... TARGET ARE green lines @merlincryptogroup👈🏻
REN / BTC is showing Bullish Flag on 4H chart. Enter now or after breakout above 1800 sats. Targets: 0.00002375, 0.00002775 Remember about SL!
If Triangle breaks downside, price could break down to 1600 Sat after a retest.
#REN Let see if it can come up clean over ~1500 sats.. Volume activity increasing, UCTS switching to buys on lower timeframes.. $REN