REN
$REN, Retesting 500sats support after descending trendline break$REN
Retesting ~500sats support after descending trendline breakout
For continuation to the upside, it will need to bounce from here
UCTS Buy signal active on the 1D chart and Lower TFs
If continuation happens, targets as ~640/800/925 sats
#REN
[RENBTC](227%) Ren Trade Signal @alanmastersRen did a full retrace from its last bullish wave and looks like its ready to do a long steady climb back up.
We have been successful with Ren (RENBTC) multiple times in the past, I will share the trades at the bottom, and here I promised to share the next trade with you all.
Wishing you great profits...
Thanks a lot for your continued support.
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Pair: Ren (RENBTC)
BUY: 0.00000410 - 0.00000450
NEXT SUPPORT: 0.00000365 - 0.00000390
TARGET:
(1) 0.00000515
(2) 0.00000555
(3) 0.00000610
(4) 0.00000690
(5) 0.00000765
(6) 0.00000860
(7) 0.00001010
(8) 0.00001220
(9) 0.00001410
PROFITS POTENTIAL: 227%
(Buy calculated at 0.00000430)
STOP: Close weekly below 0.00000300.
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Remember to hit like for more trades and original content.
Feel free to leave a comment if you have any questions.
Namaste.
THIS IS NOT FINANCIAL ADVICE.
Ren Protocol Continues Moving Higher | Bullishess IncreasingWe are seeing RENBTC move higher... A true winner for us, with additional growth expected...
Before we get started, here is our full trade for this pair:
RENBTC](227%) Ren Trade Signal @alanmasters
On the chart above, we can see:
A major trendline is broken.
Fib. resistance being cut through easily.
Increasing bullish volume.
Bullish candlestick pattern.
There's a good chance of an impulse move developing for RENBTC... We are active and in profits...
This is not financial advice.
Namaste.
$REN, Starting to gain momentum as it tests ~500sats resistance $REN
Starting to gain momentum as it tests ~500sats resistance level // breaks from descending trendline
Crossing EMA50 could be a good signal to track from here..
UCTS showing a Buy signal on 8H charts and lower TFs
Potential targets on the chart
#REN
RENBTC REN Update.So after establishing support on 400 price zone, RENBTC seems touched the bottom. My prediction is as follow:
1. REN goes till square and if it breaks that level it will continue going up.
2. REN goes till square and it doesn't manage to break, in which case it will go to it's short-term support.
Keep SL around 450.
$REN, Bounced from the ~925sats support after testing EMA200$REN, Bounced from the ~925sats support after testing EMA200 (red) on the 8H..
Overall trend is bearish in multiple TF, Falling from current support will lead to a drop to ~800sats support
On the other side, a cross over the yellow trendline will indicate a bullish signal.
#REN
$REN #REN Possible ReversalNot financial advise just my personal analysis and chart for tracking purposes.
Expect to see 900-1000 sats short to mid term. Possible we see another retest below 800 sats before going up.
Project has strong fundamentals & team.
Floating around historical support.
Daily MACD is bullish.
#REN : Upto 75% Profits Opportunity In The Mid Term.#Accumulation_Recommendation
Pair : #REN / #BTC
Technical Analysis
Pattern Creation : On the daily time frame of REN and BTC pair on Binance we have seen that a creation of a bullish engulfing candle stick with a good shape of a falling wedge. It is still trying to break out from the falling wedge and can't be considered as a confirmed call unless we see a close above the resistance line of the triangle.
Indications :
Volume showed a very good amount of increase on the yesterday candle but is currently showing a slow and decreasing volume level on today's scenario. This might be taken as an indication for a false pump if the trading volume continues to decline further by the following days.
- RSI looking good and on favor of the bulls but we still need a cross over by the MACD lines and seems to be on the way though. EMA is still above the current price at around 877 sats and need to go further downward below the price for a confirmed call.
Note : For a confirmed and confident trading move we need to break the price level represented by the red circle on the chart. And Volume needs to continue to be flood in for a more bullish trend too.
Even though its looks a risky trade at the moment, using a strict stop loss and risk management we can have a good profit for the mid term.
Accumulation Price Area : 790 sats - 820 sats
Distribution Targets
Target 1 : 872 sats
Target 2 : 920 sats
Target 3 : 973 sats
Target 4 : 1055 sats
Mid Term Targets
Target 5 : 1137 sats
Target 6 : 1202 sats
Target 7 : 1254 sats
Target 8 : 1402 sats+
Stop Loss : 681 sats
Capital Accumulation : 3%
Risk : High
@Togetherweaccumulate
REN/BTC (4H) The Price Broke down Current Dynamic Support. The price broke down current dynamic support. Right now next zone, where it's gonna be interesting to buy it is around 0.2 fibo level and main uptrend. Zones of interest and targets are on the chart. Good luck everyone!
DISCLAIMER:
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
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Good luck everyone!