RENBTC
REN/BTC, BUTTERFLY PATTERN, 60% MOVEAfter getting rejected at 0.786, REN bullishly has found support at 0.382 fib retracement which sets up this butterfly pattern.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Ren Protocol Starts To Retrace... Bullish AfterRen Protocol (RENBTC) peaked recently and prices are starting to retrace.
Now that EMA50 has been tested as support, we are likely to see a bounce before prices continue to drop.
After the retrace is complete... We expect another jump!
Namaste.
REN / BTC %36 Growth PotentialIf REN can break above 1013 Satoshi zone with volume, it can grow up to its higher resistance zones. Pullback to support can also be good entry point.
Ren Potrocol Is Set up To Print Another Jump!Based on the previous analysis, RENBTC was positioned to go up, you can see it on the chart below:
Now that the orange trendline and the high hit 18-Apr. have been broken, the RENBTC bulls are in full control.
We are looking at the green arrow next, there seems to be little resistance on the way up.
What's your take?
Share with us in the comments section below.
Namaste.
REN/USDT (Breakout + New Higher High)REN/USDT
-breakout and new higher high
-new immediate support at 0.071s
-the cross ultimate indicator flashes a Long signal
-trading priority is to the upside
-the potential target is the swing top at 0.0869s+
-key stoploss below immediate support
Always A Winner, Ren Protocol Goes For Higher HighRen Protocol (RENBTC), always good/profitable to us, will now resume its uptrend and is aiming at a higher high (HH).
The way this chart is looking, prices will continue going up.
I am thinking that 0.00001416 can be the next main target, but resistance is sure to be found at 0.00000900 followed by 0.00001179 next.
Conditions for change
If prices drop, MA200 (0.00000616) is where strong support is found.
Below MA200 the bearish bias becomes stronger.
Above MA200, black line on the chart, we remain strongly bullish.
Thanks a lot for reading.
Namaste.
$REN, Showing continuation signals from R/S Flip at ~820 sats$REN
Showing continuation signals from R/S Flip at ~820 sats level
~925+ sats as target
#REN
Ren Protocol Ascending Channel Bullish BreakAbout Ren
Ren is an open protocol meant to enable the permissionless and private transfer of value between any blockchain. Ren's core product, RenVM, is focused on bringing interoperability to decentralized finance (DeFi).
Chart Analysis by Alan Masters
Ren Protocol (RENBTC) is trading above resistance and now breaking out of a triangular pattern.
I can see prices easily gaining momentum going up strong.
All the signals on this chart are 100% bullish, not a single bearish signal.
Here you have 70%+ potential profits mapped.
Thanks a lot for reading.
Namaste.
RENBTC 4HREN coin seems like bullish trend in the coming period, there is a possible the crab pattern and in the testing phase &waves upward. Can be viewed as m-term analysis considering general market conditions. Break a leg&Good luck!
REN/BTC (Uptrend continue?: up to 50% profit)REN/BTC
REN is still forming a series of higher lows and manages to get above the 50D MA.
If REN can hold current levels or retest the 50MA as new support.
We could see a potential small rally up to 870 sats and if the downward trendline is broken.
The next upside target is up to 1000 sats, our stop-loss is placed under 600 sats.
Ren Protocol Above All Resistance (Strong 100% Jump Next!)Ren Protocol (RENBTC) is now trading above all resistance in the form of MAs and EMAs and is getting ready to jump.
It can easily reach 100% within just a few short days, or up to 80% if the market dries up.
Remember to have a plan if you decide to trade.
Just as this chart is bullish now, everything can change in just a few days.
What would you do if prices drop?
For how long would you wait?
Will you sell if prices go up?
When will you sell?
How much will you sell?
What to do with the profits?
Building an entire plan before trading by asking yourself questions can help you become a better/more successful trader... Or if you are not a trader, it can help you get the job done easier... The job of securing profits and coming out a winner is what I mean.
This is not financial advice.
Namaste.
$REN, Crossing over ~700sats level w/ EMA50/200 golden cross$REN (Alts slowly showing some opportunities.. 🙂)
Crossing over ~700sats level w/ EMA50/200 golden cross happening on the 12H & Daily..
UCTS showing buy signals across all LTFs
Looking for a flip of this level as entry w/ target at ~820sats (15%+)
#REN
$REN, Crossed over ~940 sats resistance level for second time $REN
Crossed over ~940 sats resistance level for second time & now is retesting it (Potential R/S flip)..
If manage to hodl & flip it, then aiming for continuation toward ~1150 sats (20%)
Golden cross (EMA50/200) on the daily a few days ago..
UCTS Bullish across every HTF
#REN
REN Breaking resistanceREN is trying hard to break the resistance and it needs buying volume to do this.
BTC is range bound so alts are popping here and there. Those Alts are sitting duck which gave good returns last week.
Adding REN here for a target of 980 with 5% stop loss
Will Ren Hit A New All-Time High? Where Will It Be?We have Ren Protocol (RENBTC) moving higher while gaining momentum... Prices are now aiming at new highs.
The ATH for RENBTC is sitting at 0.00001396, which is just 55% away from current prices, here we are looking at the weekly timeframe.
If the bulls continue to push, which looks very likely based on the signals coming from this chart, RENBTC will not only hit its ATH but it can actually go higher.
This view here is just a possibility and not a certainty. Charts are always changing and prices can easily stop growing and even reverse and start dropping, so make sure to always have a plan before you decide to trade .
With that said, RENBTC has more coming our way...
This is our full trade below, 85%+ of profits and growing:
Ren Protocol Readies For Action | Trade Inside (RENBTC | 182%)
Thanks a lot for your support.
Namaste.
$REN, Golden cross happening on the Daily$REN
Golden cross happening on the Daily as it tries to break from accumulation range over ~620 sats support
UCTS indicator showing Buy signals across most HTFs & LTFs
MACD Bullish Div
Volume needs to appear
If it gets traction from here, then ~800 sats as target (20%)
#REN
Ren Protocol About To Have A Massive Breakout?This altcoin pair, RENBTC (Ren Protocol), it is one of my favorites since we always end up with good profits when we trade it.
Right now the chart is looking really bullish and a strong breakout can happen soon.
Prices for RENBTC are trading above MA200 and even EMA300, opening the door for fast and easy growth.
The indicators, RSI and MACD, are both on the bullish zone and allow for additional growth.
The trading volume is a bit higher than in the past two weeks... This is a bullish setup...
This is not financial advice.
Make sure to have a plan/strategy if you decide to trade.
Below you can find our full trade for RENBTC with over 40% of profits collected...
Thanks a lot for your continued support.
Namaste.
RENBTC 1W: Bullish RSI Divergence*Not financial advice.*
1W RSI divergence was successful for ENJ: twitter.com as well as KNC (did not publicly call this one) :
Let's see if it could work for REN too. I don't have much faith in Ren as a project, but maybe we could see a pattern repeat.