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REN

REN walking a thin lineDaily time frame still looks good. Expecting a bit of a pull back and then an opportunity to rally. Weekly time frame mixed, and the outlier low could offer a few alternative outlooks. Ichimoku (very limited knowledge) is positive for first time since october 21 (!?) so that is a big factor in still being positive for now. lve been buying up low over the past week but will be watching closely because I could see it falling if bitcoin bandits attack. REN has good publicity at the moment and renewed interest due to the recent ronin breach
by manzanita1a
3
REN - Trend chart Hello trading friends, This is update is for REN with the expecting view. It shows interesting trends on the low time frame - the same time it can take some time before it can show some effect - If trends go into a green trend as it looks - then there is a chance of a breakout trend for REN to 0,48+ We will see coming time what the trend will do - this update was made only for the reason that REN shows interesting trends. There is no guarantee that this should happen in the short term. It's always possible that the coin will increase - but not going in the low time frame to the breakout trend. And the same time if it goes below the red zone it could break down more as the chart shows. Have a great time. # this is not a trading call - Manage all time your risk.
Long
by watchtrend
REN - The Bullish Sequence ✨In 2020 when we had the bullish breakout, we saw a very particular sequence of events take place. We saw: 1. MACD divergence 2. Trendline Breakout 3. Double Bottom 4. BULLRUN We are now seeing a very similar sequence of events happening. So far we can see: 1. MACD divergence 2. Trendline Breakout We are yet to see Double Bottom and the BULLRUN. Trade Idea: - Watch for price to retrace back to the double bottom - Enter with stops below the lows - Hold on tight for another bullrun! It is quite possible that we may not come down to the double bottom. Incase we don't, look for lower timeframe bullish corrections to enter. Goodluck!
by Altsignals
5
REN formed big BAT for upto 330% moveHi dear patrons, hope you are well and welcome to the new update on REN token. During the previous market crash of Aril to Jun 2021, REN formed a big bullish BAT, which I shared as below: Now during the current market drop again on a weekly chart, REN has again formed another bullish BAT pattern. Buy and sell targets: Buy between: $0.3874 to $0.2668 Sell between: $0.7455 to $1.12 Stop loss: Below: $0.2668 Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of up to 319%, and a loss possibility is 32%, but right now loss ratio can be 20% coz REN is being traded at $0.3320, at the time of writing. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
$REN down to $.13-.17 then up to $2+?Ren still looks like it has a little bit of correcting to do. I think we'll bounce shortly here, but then ultimately find our way down to $.13-.17 before finding a low. From there, if the market turns bullish again, then I can see run running back up to the highs, and if it breaks them, can see the $2 range. Bearish scenario would be if it can't break out of the upper trend line (or $1), then we could see a retrace from that level. Let's see how it plays out from here.
R
by benjihyam
1
MY MINIMALIST CHART ANALYSIS FOR REN 01.24.22 0826H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. This will be a good season for ENTRIES. The market has found strong support at a very bargain price for cryptos. We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC, and a few others. Basically, the outcome of BITCOIN, the ALTS tends to follow. So I am limiting my published ideas to a few, quality over quantity. ALERT: Looking now for an ENTRY to a short to midterm LONG SWING trade. Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy: 1. RSI almost oversold at 30ish. 2. STOCHASTICS on the LOW. 3. Volume still needs a spike of SUPPLY for BUYERS to TAKE, but I am afraid a lot of HODL at this point. 4. Looking at key support at 2767 zones. 5. We can then expect strong support at the 1899-2767, right at the bottom of the MAJOR BLUE BOX, MINOR YELLOW BOX, and the ENTRY AREA OF VALUE MARKER. Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for us all RETAILERS. Looking back months ago when the MINIMALIST BOX ANALYSIS was made. The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels. Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE. INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box) "FOLLOW THE WHITE RABBIT!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you. PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER. It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. Q/A : What are the BOXES for? It is a ROAD MAP for TARGET ZONES IDENTIFICATION. The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY). DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology. Stay away from FOMO and FUD. NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time. My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast. It is all based if the right conditions are met. Generally, it will follow the MINIMALIST BOXES. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work. Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge of what I was taught. Vive Le Autist! Vive Le Diamond Hands!
GEMINI:RENUSDLong
by The_Crypto_Samurai