$REN, On its way to ATL BTC support at ~420 sats $REN
On its way to ATL BTC support at ~420 sats
Over 60% down since the latest UCTS Signal on the 8H chart
RSI at ATL levels (oversold...)
Setting new alerts at the support level to evaluate potential bounce/reversal opportunities.
#REN
RENBTC
$REN, Reached ~512sats but no reversal yet...update on $REN
Reached ~512sats (55% down from our 1st tweet in this thread...)
Wait for true signals of reversal, for now I dont see any.
#REN
REN is coming home..!!REN is in continuing downfall, from ~1400 range to 530 range, almost one third.
I will rather be patient and will place buy order in and around 500 range. BTC surge should bring REN to that levels
$REN, Bounced from the ~925sats support after testing EMA200$REN, Bounced from the ~925sats support after testing EMA200 (red) on the 8H..
Overall trend is bearish in multiple TF, Falling from current support will lead to a drop to ~800sats support
On the other side, a cross over the yellow trendline will indicate a bullish signal.
#REN
REN - Sitting at Crucial supportREN is at crucial support breaking it will lead to sub 600 levels.
Hoping REN will bounce from here.
$REN #REN Possible ReversalNot financial advise just my personal analysis and chart for tracking purposes.
Expect to see 900-1000 sats short to mid term. Possible we see another retest below 800 sats before going up.
Project has strong fundamentals & team.
Floating around historical support.
Daily MACD is bullish.
Accidentally published this idea privately. Link below, sorrySorry folks, royally fucked up and published the idea below privately. I would've loved to help you guys get a good entry on REN, my apologies.
Link to idea:
Link is also attached in related.
#REN : Upto 75% Profits Opportunity In The Mid Term.#Accumulation_Recommendation
Pair : #REN / #BTC
Technical Analysis
Pattern Creation : On the daily time frame of REN and BTC pair on Binance we have seen that a creation of a bullish engulfing candle stick with a good shape of a falling wedge. It is still trying to break out from the falling wedge and can't be considered as a confirmed call unless we see a close above the resistance line of the triangle.
Indications :
Volume showed a very good amount of increase on the yesterday candle but is currently showing a slow and decreasing volume level on today's scenario. This might be taken as an indication for a false pump if the trading volume continues to decline further by the following days.
- RSI looking good and on favor of the bulls but we still need a cross over by the MACD lines and seems to be on the way though. EMA is still above the current price at around 877 sats and need to go further downward below the price for a confirmed call.
Note : For a confirmed and confident trading move we need to break the price level represented by the red circle on the chart. And Volume needs to continue to be flood in for a more bullish trend too.
Even though its looks a risky trade at the moment, using a strict stop loss and risk management we can have a good profit for the mid term.
Accumulation Price Area : 790 sats - 820 sats
Distribution Targets
Target 1 : 872 sats
Target 2 : 920 sats
Target 3 : 973 sats
Target 4 : 1055 sats
Mid Term Targets
Target 5 : 1137 sats
Target 6 : 1202 sats
Target 7 : 1254 sats
Target 8 : 1402 sats+
Stop Loss : 681 sats
Capital Accumulation : 3%
Risk : High
@Togetherweaccumulate
REN/BTC (4H) The Price Broke down Current Dynamic Support. The price broke down current dynamic support. Right now next zone, where it's gonna be interesting to buy it is around 0.2 fibo level and main uptrend. Zones of interest and targets are on the chart. Good luck everyone!
DISCLAIMER:
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
Hit "Like" if you like my analysis. That would help me to understand if you really liked it :-) !
Trading ideas are not trading recommendations - this is just my point of view. You can agree or disagree with it.
Your likes and comments really help me. So I thank everyone in advance who really does it!
Subscribe if you would like to get my fresh updates on the market and my TA on a regular basis.
Good luck everyone!
130% Price Spike IncomingThis REN setup looks incredible right now. This support line has been tested 3 times in since late May. Each time price has touched the line or come very close, price has spiked 95%/143%/131%. A lot more people know about $REN now and are aware of its pumping ability. 130% price target from here is more than reasonable. If history repeats itself. 812 sats is a big resistance. If we can break that, we should be good for a reversal. We have 18 days until Binancne bans US users from trading. This could be the catalyst the $REN needs to get one last pump in before US customers are shut out.
*This is not financial advice. I am not responsible for any losses of money.*
RENBTC breakoutwell see volume almost lost and half about 350 btc so selling or the stop loss hunt is over all done in this coin if this is pure manipulation than maybe partnership or big pump is nearby.
it close above that black line which is there for this coin and done a great job if close above the last chart 4 hr trend line than it is unstoppable
RENBTC formed a bullish gartley another profit chance upto 65%By the grace of Allah the most high my previous chart of RENBTC:
Gave more than 171% profit.
Now again the priceline of REN / Bitcoin cryptocurrency has formed a bullish gartley pattern.
We have a 50MA support within the potential reversal zone and the price action is getting bounced from the support.
Soon it will hit the sell targets insha Allah.
MACD is strong bearish for secure trade we can wait for MACD atleast upto 1 day chart to turn weak bearish.
I have used Fibonacci sequence for targets:
Buy between: 0.00000914 to 0.00000776
Sell between: 0.00001022 to 0.00001282
Regards,
Atif Akbar (moon333)
RENBTC Watch this trend lineVolume is almost 3x from 200 bitcoin to 600 but
Q )When to enter Trade
Ans ) ---just wait for 4hr to close above 350 and than another candle to wait after that you can decide to enter or not ..
just wait it gives you huge profit risk taker can enter now with sl 800 ( never hit i think )
i am a risk taker .. Happy Trading
REN - Time to buyREN is back to the long term trendline and it does the thing it is known for....pump...!!
Looking for easy 15-20% with a 3% stop loss. RR is quite good here IMO
REN support at 830 levels?REN is in downtrend after steep rise and it always bounces remarkably.
My entries are stacked in and around 830 levels for 15-20% upside.
RENBTC looks healthy for a Jump over 1300 Sats in Near termBINANCE:RENBTC has been doing really good even during down days of all most entire ALT market.
The chart is so simple to understand and its aimed for short term trades only.
we are expecting a heavy breakout after touching 990 we should eye at a value between 1264-1300
plz comment to help me improve .
chart is only for educational purposes. always look for upcoming events of a project you are investing in. Do have a look on news before making an entry and never forget using stop-loss..
REN & Stimpy (RENBTC)Watching RENBTC here for a possible long as it approaches daily support at 929.
Looking for entry in 929~940 area, or entry on the break of the downtrend. Would like to see it hold this area as support for a few candles as accumulation before entering. A daily close below 929 and I'd expect further downside.
Entry: 929~940 area OR break of downtrend
Stops: Below 929 (3~5% depending on your risk tolerance)
Targets:
1043
1108
1266
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Tips (just started mining this baby for fun :) : RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ
Happy trading!
REN - Bounce coming?REN is falling continuously and is underperforming as compared to other coins for past few day.
REN is trending in narrow channel and seems it is at the bottom of the channel.
I expect REN to consolidated a bit and bounce as its peers.
