REN & Stimpy (RENBTC)
Updated
Watching RENBTC here for a possible long as it approaches daily support at 929.
Looking for entry in 929~940 area, or entry on the break of the downtrend. Would like to see it hold this area as support for a few candles as accumulation before entering. A daily close below 929 and I'd expect further downside.
Entry: 929~940 area OR break of downtrend
Stops: Below 929 (3~5% depending on your risk tolerance)
Targets:
1043
1108
1266
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Tips (just started mining this baby for fun :) : RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ
Happy trading!
Looking for entry in 929~940 area, or entry on the break of the downtrend. Would like to see it hold this area as support for a few candles as accumulation before entering. A daily close below 929 and I'd expect further downside.
Entry: 929~940 area OR break of downtrend
Stops: Below 929 (3~5% depending on your risk tolerance)
Targets:
1043
1108
1266
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Tips (just started mining this baby for fun :) : RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ
Happy trading!
Note
Support broken, no trade for now. Looking at 861~873 area for next possible support. A lot of uncertainty in market with BTC dumping so don't want to rush into any trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.