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RENUSDT (Waiting for the resistance zone Breakout)#RENUSDT(Day chart) Technical Analysis Update Waiting for the resistance zone breakout REN/USDT currently trading at $0.385 Long Entry-level: Above 0.440 (only enter long after resistance zone breakout) STOP LOSS: I will update once I see the breakout Target 1:$0.560 Target 2: $0.700 Max leverage: 2X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
RLong
by GreenCryptoTrades
5
10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 8: RENDISCLAIMER: The following is not financial advice. Invest at your own risk. This is part 8 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future. The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following: Volume and Price action is everything. Price always reaches the upper band (green in color in the chart) of the previous cycle high. Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.") Price always regresses to the mean: Fibonacci zone 50%. Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on Why you should invest in Republic Protocol: Projected ROI on Log Scale: 1800% or more Projected Price Target: 5.88524 Maximum Drawdown on Log Scale: 100 to 300% Risk/Reward: 18X Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection) Fundamentals of Price Movement: Since chart data for Republic Protocol is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out. This is my favorite Defi Project among all craps. Ren: What you need to know: medium.com Here is the investment research report: medium.com Taiyang Zhang, it's founder, is a beast. Look him up! Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital. Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin. Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle. See the chart below: Research Materials to Learn More: www.realvision.com medium.com medium.com renproject.io Don't forget to like this if it helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about Horizen
RLong
by filagotnochill
3
REN - Potential Breakout Forming? Wait for Confirmation!!REN looks like it's ready to make some moves on the daily chart. We see a clear parallel wedge, a bat style fractal that has similar proportions to a textbook bullish bat, RSI is in a very good position for growth, MACD is showing a huge bull divergence which could be the start of a new potential uptrend, and volume is good on the breakout so far (though still need more time on weekly for confirmation there!) This should be a clear breakout or fakeout play, it's literally at the upper limits now so if we see a punch through look to snap some up on the retrace afterwards as we're likely to see more upside. This isn't financial advice. Want some financial advice? Don't get baseboard heating, it will kill your hydro bill.
RLong
by cryptosince1963
Ren Protocol (RENBTC) Holds At EMA100, Long-term ChartRen Protocol (RENBTC) peaked in late August 2020 after a massive bull run. This bullish run printed a total of 1510% in profits. Now, a strong correction took place for 3.5 months and is likely coming to an end. We can see that RENBTC went below the 0.786 Fib. retracement level of this last bullish run. Support was found at EMA100, blue line, where we can see a long lower wick on last's week's candle, and this week we see prices moving up. If EMA100 holds, Ren Protocol can finally resume its growth. This is not financial advice. Thanks a lot for your continued support. Namaste.
RLong
by AlanSantana
3
✳️Republic Protocol/USDT (30/11) #REN $RENREN is in indecision zone and we will wait a few more days before deciding which direction to trade. If the REN conquers the 0.31-0.33$ zone, REN will rise to the 0.4-0.45$ zone and will trigger the FOMO to rise to the 0.65$ zone in December. But if REN continues to be rejected in this zone, the REN will plummet to the 0.2$ zone 📈BUY- LONG -Buy: 0.31-0.33$ if A.SL if B 📉SELL-SHORT -Sell: 0.38-0.4$.SL if A -Sell: 0.43-0.45$.SL if A -Sell: 0.65-0.67$.SL if A ♻️BACK-UP -Sell: 0.31-0.33$ if B.SL if A -Buy: 0.2-0.22$.SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
R
by CryptoStation
1
RENUSDT (Reversing From Support)#RENUSDT (4H CHART) Technical Analysis Update Reversing From Support ine REN/USDT currently trading at $0.3190 LONG ENTRY LEVEL: Above 0.3320 (only enter long after 4h candle close above resitance level at 0.3320 STOP LOSS ( support): Below $0.2840 Resistance level1(target):$0.3970 Resistance level2(target):$0.47600 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
RLong
by GreenCryptoTrades
1
REN Elliott Wave Pattern and Fib levels PT>2From the graph it looks like we are on the 5th wave of the triangle Elliott Wave Correction (E on the graph), in the short history visible to us on this REN:USD pair. The waves seem to be hitting the fib retrace levels from the .422 high on October 11th almost exactly, and this triangle correction has been bouncing between the .618 and the .312 areas, and the price has currently just bounced off of the .5 area. This "E" wave may test this area again and bounce off of the .5 retracement again (~.33 level) before continuing the bullish trend up to the .42 level again, at which point the .786 fib level should act as support for a continued bullish trend. This is a continuation of the last idea I posted, which was my first post ever. I have been studying price graphs and buying/trading crypto since September 2017, but this is my first time publicly sharing my trading ideas! So please, understand that this is not financial advice and PLEASE do your own research and analysis, which is what I am now here doing for myself. One Love, Dharma
GEMINI:RENUSDLong
by DharmaCat_Pro
2