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REN

Ren vs Tether | Bullish Breakout Confirmed Through VolumeWe have a lower low on RENUSDT which is also good since the stop-losses have been activated. The market has the liquid it needs to grow. Todays trading volume is the highest since September 2021, more than a year ago. It is also the second highest volume day on the history of this chart, RENUSDT on KuCoin. This is normally a real move but still early as the daily candle hasn't close. The 22-Nov. candle sends out a reversal signal and today we get confirmation as prices move above EMA10 on high volume. A close above EMA10, $0.0788, fully confirms a bullish breakout. What these signals are telling us is that there is room for additional growth. Will we have a bullish wave across the cryptocurrency markets in December? It is looking like it. Many trading pairs are starting to wake up. You too... Wake Up! Time to make some money, we've seen red long enough. Namaste.
Long
by AlanSantana
11
Ren Bullish Breakout, 100% Potential with TargetsRen has gone bullish vs Bitcoin, early signal. This is also true for the USDT pair which I will share after this one. Notice the strong volume today as prices move above EMA10. This is a very strong signal. Note: A negative close can negate this signal and that is why we always have a stop-loss and use a plan when we trade. The charts are always changing... Let's continue: Marked on the chart is also a higher low. The easy target is 30%+ at the 0.618 Fib. extension level. The main target if there is a follow up on the bulls side stands at 978 satoshis or 100% potential from the current price. You can find more details on the chart. Namaste.
RLong
by AlanSantana
1
REN's Significant growth!REN has had good price growth in the last few days and the previous 24 hours. Its price, which was placed in a powerful support area, experienced very rapid growth with the support of buyers in the range of $0.065 to $0.070. Also, the $0.10 range has become support, and if the price returns to this area, we can expect support for further growth. One of the very strong and important resistances of this currency is in the range of 0.200 dollars, and if the price hits this range, the possibility of short-term buyers saving profits is high. The closest support range to the current price is in the area of ​​$0.120 to $0.123, and if signs of support are found in this range, the price can continue to move upward by forming an ascending channel from this range.
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by MonoCoinSignal
5
Ren usdt limit short trade idea Greetings from Team : Trading The Tides. lets discuss a short sell opportunity on (REN/USDT) Target area for initiating short :0.11 DCA Limits : TP :0.09 SL : not yet .using hedge mode Hold Time : short Technical Chart Pattern: rising wedge Posible liquidity area : Exchange:binance Rules : We use big capital with less leverage . Max leverage : 3x Better take trades with 1x. We only post the exact setup we are following for the trades . But DYOR . Not a Financial Advice ! From Team : Trading The Tides Like , Share ,Follow Thanks a lot and see you soon on the next trade .
RShort
by xairuq
2
ALGORITHMIC DATA SHOWS REN CAN BREAKOUT 70%OUR ALGORITHMIC DATA shows that REN can break out 70% coming time or more. This depends on last trends in data. We will follow and see how this trend will play out coming time. REN is on an important level also in the 4H range. It's THE NO 1 coin with 100% CC SUPPLY. This means there are not more adding of coins. ( price stable) and more high chance for a long-term increase trend. This is our ALGORITMIC trend view, but its adding with more adds/settings when we use it.
RLong
by Goldenbreakout
2
RENUSD got rejected on the 1D MA200Ren (RENUSD) almost hit today its 1D MA200 (orange trend-line) and instead of breaking it (would have been the first time since December 27 2021), it got heavily (so far) rejected to a point that the 1D candle is flat. This is far from an ideal sign, especially since the rejection also took place a few points below the October 05 2021 Lower Highs trend-line, as well as the 0.382 Fibonacci retracement level. Being similar to the July - October 2021 rally, we expect the price to trade within its Channel Up at best with the slightest break (close) below the 1D MA50 (blue trend-line) invalidating this pattern to the downside. On the other hand, a break above the 1D MA200/ Oct LH/ 0.382 Fib Resistance cluster, would constitute a trend shift to long-term bullish with upside targets the upper Fib levels, which as you see formed both Resistance and Support levels during the downtrend this year. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
R
by TradingShot
REN Weekly Bullish DivergenceWeekly: Bullish div on MACD-H, MACD lines, EFI, and EFI ATR channel divergence. Stochastic RSI is turning up. EFI is entering bullish territory. Daily: Daily is turning down after an upspike. I would like to see Stochastic RSI crossing back. It seems the Value zone will hold as support, but waiting for confirmation of that. There was a nice bullish div on the daily and it made a high. Not it has retracted to the value zone, and if this holds, I'll buy . EFI is at the zero level. I have not entered, I would like to see Stochastic RSI turning back, or get into a good setup on the 4H chart. I will update when I have entered. Entry: below 0.119 (I'll try to find an entry on the 4H or daily setup) Target 1: 0,356 Target 2: 0,402 Stop loss: 0,0795 R/R: TP1: 1:5,7 TP2: 1:7
FTX:RENUSDLong
by Tornado_Trading