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REN

REN swing test- bullish pennantThe price is currently testing the previous highs from June 2021. If bulls manage to defend this level, this could be a good buying opportunity. Entries: Aggressive- 0.65 Stupid and greedy - after 0.71 is reclaimed Safe- after upper trendline of the triangle or 0.86(TP1) is reclaimed Long term targets only: TP1: 0.8611 TP2: 1.1001 TP3: 1.3764 TP4: 1.7539 (short-term traders will figure this out themselves) Remember about risk management, especially that BTC has been quite volatile lately.
Long
by V0VOLAN
4
REN- I like this Chart at this Stage but No Stimpy? They use to tell me 'Ren to Ten'... I am happy with 1$ and 1,8$ that I can see on the chart. REN is a nice project and they seem to have found some purpose in thei industry: Ren is bringing decentralized stablecoins to Dogecoin (DOGE) and others Stablecoins created using Bitcoin, Dogecoin, Digibyte, and others can now be used for reliable payments & DeFi transactions. What I really don't like is their marketing/management.. I google REN and the first result I get is ' Ren and Stimpy' which was the funniest thing to watch back in the day during my times in the MidWest. Coming from Europe I ahd no idea what this was, until I ended up watching it sometimes too. (Gross neurotic chihuahuas can be funny ). One Love, the FXPROFESSOR
Long
by FX_Professor
RENUSDT Is Going Up Welcome back Traders, Investors, and Community! RENUSDT on H4 has been moving along the Ascending channel and has been making HHs and HLs in the channel. After the rejection from the support line it is expected to go higher. ⬆️Buy now or Buy at 0.58184 ⭕️SL @ 0.53048 ✅TP1 @ 0.65000 ✅TP2 @ 0.67000 ✅TP3 @ 0.70000 ✅TP4 @ 0.80000 ✅TP5 @ 0.90000 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
2
REN/BTC { REN } - BULLISH SETUPANALYSIS 🔎 - REN/BTC is bounded in the descending triangle pattern. - Price is testing the descending triangle's horizontal support. - The swing downtrend was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - Price action is printing the inverse head and shoulders pattern. - The inverse head and shoulders pattern is a bullish reversal pattern. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the inverse head and shoulders neckline resistance. - Limit entry: Retest of the right shoulder's horizontal support level. TARGETS 🎯 - The descending triangle's inclined resistance. - There's a brokeout potential of the descending triangle's inclined resistance. SETUP INVALIDATION ❌ - Initial invalidation: breakdown below the right shoulder's horizontal support level. - Final invalidation: breakdown below the descending triangle's horizontal support (@0.00000863).
Long
by Chibuike_Odoh