REN 4 HR looking SpicyJust my opinion we could see a break from the trend line today or tomorrow. I have no projections on price target though, still learning how that all works.
REN
Rennies to them Penniesrennies to them pennies? i thinks not rightz nows. rennies to them pennies would be dream but my dear rennies... a nice ride sooon. buy zone now $1.09... if lucky again at $0.975... or even $0.79 but ren look like move any days up.
REN (Ren Protocol) - Is the correction over?REN has corrected almost 50%. This seems like an overcorrection and I believe we will see strong movements upward now to compensate.
It's recently broke above a trend line and seems to be in the process of moving upward, If the move fails we could see drops down to a higher demand zone - as low as 60 cents.
I have opened a trade on REN just as it broke out and will update as it goes along.
This is not financial advice
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🆓Republic Protocol/USDT Analysis (2/3) #REN $RENThere is a good strong force at 0.9$ and 1$ zones so we can expect a recovery in next days. We can start accumulating REN at 2 zones above and I think it will have a big recovery wave from March 5 and targets should be 1.4$ and 1.6$. If it can conquer 1.6$ zone, it will pump very strongly and 3$ will be reached soon!
📈BUY
-Buy: 1.00-1.05$. SL if B
-Buy: 0.88-0.92$. SL if B
-Buy: 1.55-1.60$ if A. SL if B
📉SELL
-Sell: 1.35-1.40$. SL if A
-Sell: 1.55-1.60$. SL if A
-Sell: 2.95-3.05$. SL if A
♻️BACK-UP
-Sell: 0.88-0.92$ if B. SL if A
-Buy: 0.50-0.53$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RENUSD Lookin Good*** THIS IS NOT FINANCIAL OR INVESTMENT ADVICE ***
DYOR and don't take my word for anything.
DOT and it' s tokens are outperforming ETH and BTC tokens. The DOT tokens have resisted much of the crypto market downtrend along with ADA.
There's a little bit of correction happening right now, but the sentiment is long.
Buy the dip and hodl bitches.
RENZED OUT?yeterday mornings felt like good long at $.88 wellllllll...... alts and btc are still coupled... if btc falls to $37k, expect my rennnnnnnnnnnies to them pennies $0.79 support. me thinks correction not overrrrrr posssssiblyyyy. overall very bullish so fear not so much yetties.
the three circled candies for them noobs who feel pro crypto man in one month learning time.... must beat those to advance higher or go lower... low low low... long long long zone.
keep ur stop loss in handy, 1-2% always and move up stahp loss in profit once u get chancies... protect your capeeetoll
*i do not own crypto. me play joke go pee pee in yo co----caine. ho. ho. ho. murry chrustmus muh little rennnnnies.
REN TradeThe weekly candle here broke the all time high, so I decided to go long on this breakout. The price has probably broken a well-defined range, so a purely continuation pattern such as a rectangle could be used for a trade with a Risk / Reward greater than or equal to 1/3. Within long with stop at -30% and time target instead of price, I say within 2 months from today. Further updates coming soon.
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REN long swing/breakout playit tested its weekly pivot exactly. and is holding on it. low time frames also have it in a trend tight triangle. but even if it breaks that to the downside the projected range reversal support floor is supposed to be L3 so it wouldnt be bad. Target H3. then H4-5 Stoploss L4
MAKER, REN - SimilaritiesBoth pairs exhibit horizontal movement following a breakout
Any find displaying this horizontal movement will likely break up to the upside, as demonstrated between these two
MAKER has a sharper rise compared to REN while breaking out
Similar moving average scenarios can be seen aswell
Main point to take away from this post is the potential of horizontal movement to break up to the upside..
I am long MAKER
REN/USDThis chart on REN/USD focuses on moving averages and volume. I outline how the moving averages/volume are similar to a previous move that already took place. I attempted to simulate what I believe could be coming in the near future by recreating the pattern I was able to identify. With the recent price movement I expect a healthy retrace and outlined 3 possible levels of support (green) to look out for if REN ends up correcting. Once we go through this correction I expect for us to pass through the line of resistance drawn out (red).
I am posting for feedback on my ideas to learn and improve my TA. I am NOT a financial advisor and I suggest everyone does their own research before investing in anything.
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Thanks!
REN.BTC (Y21.P1.E1).Macro.TAHi 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 this chart the way you should so do yourself a favor and learn it.
Why, its bloody all over the crypto charts if you know it and understand, even better, you can add it to your strategy.
So I have stipulated that the current area is sitting below this trend line as its major resistance.
I have nothing to confirm this yet, but as time goes by, we will see it confirmed on the daily and then the lower time frames.
If this is the case, and price breaks this trend line, then that is the biggest obstacle and hence a tick on the check list.
We also see the fib levels and resistances in confluence.
If price breaks both the horizontal resistance and the sloping resistance line, gets tested, knowing we confirmed later on its resistance, then we would expect it to be tested.
Depending on the time frame and formation of the price action, we should have a green light or not to enter.
This is the spot I will be watching hopefull, not distractted by other charts.
From time to time I will update this post with charts and some quick notes.
For now, its watching and stalking.
All the best,
S.SAri
