Getting ready to go with the set goalsA positive head and shoulders pattern has been created that confirms the rise to the specified targets
You can enter now
REN
REN testing support level, high chances of it to bounce back upTesting multiple support levels right now, including EMA 200 and fibonacci. Long position placed with good risk-reward ratio. High probability of winning!
REN/BTC buy opportunityHi followers,
RENBTC Formed great trading setup, after forming a rounding bottom, with higher lows and highs.
The price broke above important resistance area, the retest of the breakout is a safe place to enter the trade.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
renusdt 1h chartpossible entry at 0.95 and 0.9
focus on price action at these levels
enter after rejection
Massive REN green recovery dildo.My dip blackhorse is called REN
Longed based on a trend line strong test and respect.
Still aboard the MF REN spaceshipI'm still aboard the MF REN spaceship, patience is key.
Reachable target. The question is not how but when it will happen.
Ren READY FOR MORE!had a good bounce back up on high volume after it re-tested the diagonal resistance. I believe this one has been overlooked recently and has a lot of space to run
I hope you found the idea interesting;)
REN- 68% Higher Since Last Post (Resistance ahead)REN has been doing well and almost 70% higher since our last post.
At this stage the price is approaching resistance at 1,05$ with 1.75$ being the next profit Target.
Keep it up,
the FXPROFESSOR
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.
REN - How our Levels worked During today's 'Storm'Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations.
Let's take a step back and see how our levels works.
Look at our previous ideas below for comparison.
No love today,
the FXPROFESSOR
REN symmetrical triangleREN in a symmetrical triangle, running out of space soon. MACD tells us it's coiling up for a move, RSI in the neutral middle. We do not care where it moves, but it looks like it will go up... set alarms. Good luck traders...
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
RENUSDT LONG IN BINANCE AND KUCOIN SPOT R/R with first target is about = 1 !!!
but you need money management in this trade because of my stoploss price !!!
you can set a "buy stop limit" order on the trigger price !!!
after that sell 50% of your position on tp1 and upgrade your stoploss to your trigger price and wait for tp2 or more ... it means : risk free !!!!
just like and folowfor more ... 8D
RENUSD daily scaleit can be in this shape of moving , at first sharp descending trend and then bull with ab=cd pattern
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
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Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
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Have a Profitable Day
RENUSDT see and watch :)
The trend line is broken and it seems that it can increase up to the specified range ...
REN.BTC (Y21.P5.E1).Potential.Bullish breakHi All,
We are currently in the accumulation area for REN against BTC.
Here I see a potential inverted HS or breakout trade.
It doesn't seem REN making big moves yet but its one to keep an eye on as REN against USDT is slowly getting there.
MACRO Picture
All the best,
S.SAri
$REN LONG - INSHALLAHRen pair looks good. renbtc looks good. ren usdt looks good. if target doesn't reach then THE market is simply WRONG.
REN - usd pair REN / BTC is in a rounding bottom formation and currently breaking resistance. USD pair is in a ascending triangle . Both pairs looking great makes me confident this is a strong and great long opportunity.
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).
RENUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has started to move after hitting the support level and we intend to be able to touch its target. But in case of failure of the support line and stabilization below the support line, we consider more losses.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
