Watch fr short term resistance to retest lower before markup .53-61 retrace price action r/r 5.36 very undervalued DeFi project UTXO coins on Eth/DeFi network Summer2021PAMP!!! Lets go~
Bullish SWING TRADE idea - TP target +300% GAIN
I've been in and out of this one quite a bit. I like that it deals with liquidity between BTC and ETH from what I understand. Crypto market is overall very fearful right now. Good time to play these major support lines to see if you can get a bounce. RSI looking good as well with that reversal on the MACD. Good luck to you.
At this point I'm fairly convinced that REN has finished it's correction. Like a lot of coins, we need to start looking for breakouts when BTC bounces around 38-40k.
REN Best entry with back to demand level ENTRY : 0.763 TP : 1.15 SL : 0.575 Risk : 25% Profit : 50%
Looking at the last year and a half, and if the trend continues, the next long leg up may put us in the 3.50 - 5.00 range. What do you think? I am nobody's financial advisor!
As we can see the weekly stock Rsi has cooled off, and now a third potential run is coming along with the bullishness of the whole crypto space. The previous two breakouts exceeded all expectations and gone even beyond our Fib target, for this one i expect a 200% increase in the coming months.
this bullish channel can push the price very well. put your SL by crossing channel down. your TP is top of channel.
Looks like a moderate form of inverse head and shoulders - reversal confirmed. PT0 .95 (create support zone) PT1 1.02 PT2 1.12
It's a bit weird because both wave 2 and 4 were deep. Correcting in the .786 area would take us into Wave 1 which is highly unlikely. This adds to the confluence of this being a reversal. My SL would be placed below the .786 region if I were to enter.
Hi to all, REN is moving around its major support level after the BTC correction. We can try to long it from here. Targets are on the chart. Good Luck! If you find it useful, please support this idea with LIKE and feel free to ask all your questions as a COMMENT.
A perfect accumulation phase, absolutely text book. Mark up phase imminent