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REN

ALKALINE PORTFOLIO - RENGood morning, Alkalites! As promised, today we will start our Altcoin portfolio! ⚠️ How are we going to do it? This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet. Our analysis will be provided with an approximate entry price and the name of the token. All the ideas provided must be taken with the same capital so that the performance is similar to the CryptoAlkaline portfolio. You must divide your capital into entries of 2-5%. For example, a $10k bag will place entries of $200-$ 500, and in case of running out of money from the allocated capital, new entries must be taken with the same size. It has been proven that the cryptocurrency market follows the same direction most of the time and that in this case, diversification does not eliminate the risk of losing money. However, we rely on diversification as a tool to increase our exposure to sporadic hikes in certain Altcoins. Understand the risks involved in buying cryptocurrencies, and execute these activities legally according to the regulations of your country. ------------------------------------------------------------------ We will add our first entry in Ren (REN/USD // REN/USDT) ENTRY PRICE $ 0.477 NO LEVERAGE, NO TARGETS Please read our "Free Crypto Portfolio Rules" before placing your positions. From a technical view, Ren is undervalued when trading below the last cycle support. In addition, its low capitalization is a gem for our portfolio. Ren describes itself as an open protocol created to provide interoperability and liquidity between different blockchain platforms. Its aim is to implement interoperability in the DeFi ecosystem, eliminating the obstacles that liquidity implies between blockchains. Good luck, Alkalites!
RLong
by CryptoAlkaline
1
RENUSDTthis alt has got the pump completely recently and after that entered an slow slope descending channel (-0.6%) this means the chart is resting and the money flow from input of this alt is getting out slowly the chart will regain its power and getting ready for next pump soon so we don't risk it and get in standing by for the profit hunting 👉This idea has the confirmation of "advanced price action" 👉For more information and how to contact us don't be shy and come ask in private chat from trading view 👉Hit share and spread the information in public chats or your twitter for everybody to get profit
RLong
by the-crypto-analyzer
1
$REN/BTC 3D (Binance Spot) Big falling wedge breakout and retestRen (formerly known as Republic Protocol) broke bullish few months ago and looks ready to push higher now. Current Price= 0.00001572 Buy Entry= 0.00001594 - 0.00001370 Take Profit= 0.00002362 | 0.00003330 | 0.00004375 Stop Loss= 0.00001130 Risk/Reward= 1:2.5 | 1:5.25 | 1:8.22 Expected Profit= +59.38% | +124.70% | +195.21% Possible Loss= -23.75% Fib. Retracement= 0.5 | 1 | 1.5 Margin Leverage= 1x Estimated Gain-time= 6 months
RLong
by TradingOn
#REN, Can #Ren confirm Triangle Breakout?A quick look at #Ren (#RENUSDT, #Binance, 4HR): There are two way I can look at this chart: A) Ren broke out a descending triangle on March 26; B) Ren broke out yesterday from a triangle. Either ways, price has been ranging since March 26. Let's wait to see if the price bounces back from the upper side of the triangle, or for a confirmation of the upper resistance at $1.11-$1.10 flipping into support. If confirmed, we could see #REN finally move higher. If not, price might go back down and find support at $1. What do you think? Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment, or follow me! :) Thank you and Happy trading! ------------------------------------------------------ Needless to say, this is not financial advice!
RLong
by BitfulMind