$REN/BTC 3D (Binance Spot) Big falling wedge breakout and retest

By TradingOn
Updated
Ren (formerly known as Republic Protocol) broke bullish few months ago and looks ready to push higher now.

Current Price= 0.00001572
Buy Entry= 0.00001594 - 0.00001370
Take Profit= 0.00002362 | 0.00003330 | 0.00004375
Stop Loss= 0.00001130

Risk/Reward= 1:2.5 | 1:5.25 | 1:8.22
Expected Profit= +59.38% | +124.70% | +195.21%
Possible Loss= -23.75%

Fib. Retracement= 0.5 | 1 | 1.5
Margin Leverage= 1x
Estimated Gain-time= 6 months
Trade active
All entries filled

Ren dipped and bounced nicely on 200MA so far, better be very patient on this one!

snapshot
binancebullishbreakoutDEFIdotecoMoving AveragesRENRENBTCrepublicrepublicprotocolspotSupport and ResistanceWedge
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