REN breakout ?Price Action(PA): REN closed above EMA 21,50,100,200 Strong Uptrend. Break up Ascending trianlge up (bullish pattern).After that hold above EMA 21(white line).
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Overbought level. With entry safer wait at correction to 565 price level.
Volume increased and confirm bullish price action.
S/R: Support at 477 sats 0.5 fibs level and 530 sats, Resistance at 740 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
RENBTC
REN: Case of Don't ChaseWe noticed one of the top-performing alts of the last 24 hours was REN. RENBTC has come to a horizontal and diagonal resistance point near 675.
As is the case with all these small coins, we don't think you should FOMO into a long at resistance. That said, if REN does take out 675, the next upside target 871.
Bottom Line: If you are going to FOMO into anything, FOMO into Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC). Chasing coins like REN that are up 25% doesn't seem to make much sense.
Ren Protocolo Trade Signal @alanmasters [RENBTC](164%)Here I am sharing a trade signal for Ren Protocol (RENBTC).
Our last signal reached 44% of profits... You can see it here:
Below is a new entry.
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Trade: Ren [RENBTC
BUY: 0.00000490 - 0.00000530
TARGET:
(1) 0.00000615
(2) 0.00000675
(3) 0.00000835
(4) 0.00000905
(5) 0.00000985
(6) 0.00001225
(7) 0.00001375
PROFITS POTENTIAL: 164%
(Buy calculated at 0.00000520)
STOP: Close weekly below 0.00000360.
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Hit LIKE for more.
Thanks a lot for your continued support.
Namaste.
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THIS IS NOT FINANCIAL ADVICE.
Dia 1 RENBINANCE:RENBTC
Posible entrada 0.00000450
Figura: Falla anticipada
Nivel: Cerca
Sqzmom: Perdida de fuerza bajista en grafico diario, cambio de ciclo.
Sentimiento de mercado: Sell
REN Potential Trend ReversalWith the upcoming launch of Main Net Beta end of Sept and REN Roadmap, I believe we could be reversing this long and painful distribution/downtrend.
medium.com
Potential buy area :
478 - 500 SATS
TP 1 : 636 Sats
TP 2 : 893 Sats
Stop Loss :
$REN, Retesting 500sats support after descending trendline break$REN
Retesting ~500sats support after descending trendline breakout
For continuation to the upside, it will need to bounce from here
UCTS Buy signal active on the 1D chart and Lower TFs
If continuation happens, targets as ~640/800/925 sats
#REN
[RENBTC](227%) Ren Trade Signal @alanmastersRen did a full retrace from its last bullish wave and looks like its ready to do a long steady climb back up.
We have been successful with Ren (RENBTC) multiple times in the past, I will share the trades at the bottom, and here I promised to share the next trade with you all.
Wishing you great profits...
Thanks a lot for your continued support.
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Pair: Ren (RENBTC)
BUY: 0.00000410 - 0.00000450
NEXT SUPPORT: 0.00000365 - 0.00000390
TARGET:
(1) 0.00000515
(2) 0.00000555
(3) 0.00000610
(4) 0.00000690
(5) 0.00000765
(6) 0.00000860
(7) 0.00001010
(8) 0.00001220
(9) 0.00001410
PROFITS POTENTIAL: 227%
(Buy calculated at 0.00000430)
STOP: Close weekly below 0.00000300.
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Remember to hit like for more trades and original content.
Feel free to leave a comment if you have any questions.
Namaste.
THIS IS NOT FINANCIAL ADVICE.
RENBTC | MRMEGBUY: 450-453
TARGET : 460- 470- +480
BINANCE EXCHANGE
Follow and like to see more Analyze for coins in Binance
www.tradingview.com
Ren Protocol Continues Moving Higher | Bullishess IncreasingWe are seeing RENBTC move higher... A true winner for us, with additional growth expected...
Before we get started, here is our full trade for this pair:
RENBTC](227%) Ren Trade Signal @alanmasters
On the chart above, we can see:
A major trendline is broken.
Fib. resistance being cut through easily.
Increasing bullish volume.
Bullish candlestick pattern.
There's a good chance of an impulse move developing for RENBTC... We are active and in profits...
This is not financial advice.
Namaste.
$REN, Starting to gain momentum as it tests ~500sats resistance $REN
Starting to gain momentum as it tests ~500sats resistance level // breaks from descending trendline
Crossing EMA50 could be a good signal to track from here..
UCTS showing a Buy signal on 8H charts and lower TFs
Potential targets on the chart
#REN
RENBTC BreakoutQuiet possibly that RENBTC will breakout soon. I am watching it on a 1 minute chart and waiting to break the resistance line, then I will buy it.
RENBTC REN Update.So after establishing support on 400 price zone, RENBTC seems touched the bottom. My prediction is as follow:
1. REN goes till square and if it breaks that level it will continue going up.
2. REN goes till square and it doesn't manage to break, in which case it will go to it's short-term support.
Keep SL around 450.
Ren trying to find a bottom Ren find a top at 25 July 2019.
Since then, it keep going down and down and down.
Even if the fundamental seems strong in ren, this price correction is brutal and it doesn't seem to stop.
If i learn something in those two years of trading, it's to never try to trade against the trend so if you seek a long term entry, i don't believe it's there.
We still have three area of value on the 4 hour chart.
360
345
320
And it's not outside the realm of possibility that we revisit them.
Yes, Ren did have some bounce but every bounce got rejected quite fast.
The downtrend is still powerful and there is no sign of reversal.
The RSI on the daily just entered the lowest zone , even lower than May 2019 but the bollinger bands still show us some room for volatility (320 sat with this dynamic support)
Capitulation is not far but not already there.
In the same time,Ren offer many opportunity to daytrade those tiny bounce, i took many profitable trade during this downtrend but stop loss must be tight.
This idea is for those who seek some good swing opportunity on weekly timeframe.
has REN bottomed?After a very long downtrend in the last weeks (-62% in the last month) REN has had a few upticks. Is this forming a triangle wich a chance to break up? Or are we still in a downward channel and do we have more to go... Then aim for 337 or 310 sats.
RENBTCNice bounce of the weekly Support. Since then it struggled to keep the upward momentum and got rejected at Resistances and also didnt hold Support on the Daily, which now acts as Resistance.
Falling RSI right now. Going to see how Ren reacts at the retest of the Weekly Support or the next try to break through the 1 Day Resistance.
REN - Redemption TimeAfter epic fall, from 1400 sats to 400 sats, REN recovered some ground and now nearing 500 sats.
REN has done similar in the past where it wiped out all the gains but rose again to new highs.
This time situations are different, BTC is raging again and it remains to be seen how REN perform in these situation.
REN remains one of the top pic in this market.
RENBTC Republic Protocol Oversold.So, RSI on lowest point, price falling already more than 1 month, what else to say ?
I've put my buy orders between 380-400 price levels, and I expect 20-30% gains from that levels. Be careful with your trade, as BTC is unstoppable )
