REN/BTC at crucial supportBINANCE:RENBTC dumped massively since beginning of September but seems to have found a bottom since. The chart is giving us plenty of signs that it was just a fallback within a long term uptrend. Price is now back at crucial support giving us a great entry.
We opened a new trade for our members.
Let's go!
Dump_Spencer
Renbtclong
REN/BTC (Bearish Trendline Breakdown)BINANCE: RENBTC
-After the broken trendline of support break down
-The price fell down by -30% its value
-The next major of support is located at 2100 sat range
-This is a previous key resistance before the strong uptrend last August 10
-Let's wait if REN can hit this area of confluence and look for a buying opportunity
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REN.USDT and BTC (Y20.P3.E1).Solid trend but be patientHi All,
REN is another solid performer as one just has to look at its past price action.
I am anticipating after a peak like this one, it will pull back to the 21/34 EMA and\or the top of its previous channel and continue.
I did see this with both KAVA and LINK so the likely chance REN does the same.
There isn't much words since this post is about stalking REN.
Lets see if we can get this right.
Cheers,
S.Sari
REN/USDT 2 Day chart: upward pressure on both Phoeix and MACD indicators
REN/BTC pairing chart:
REN/BTC +250% "W" Bottom Breakout Hopium What looks like a giant "W" or double bottom formation breakout.
A bit late posting this as it is 30+% over the breakout point.
Still roughly 150% to go if potential target is hit.
Lettuce pray for this meme.
Happy trading :)
#RENBTC Long another potential 60%REN looks prime for a LONG here !
After breakout and confirmation, we can see REN gain over 60%.
For Long term holder can be easily 5x by end of year.
If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there.
Remember REN is a huge GEM so we can see huge potential for REN especially on the coming Bull market that will be like anything we have seen before.
I am extremely bullish on REN
and this is one of your long term HODL coins.
Short term traders can benefit too ! 17% is not bad at all.
ENTRY: CMP (2312 Sats )
Targets:
2495
2747
3989
SL: 2217. Do DCA and buy in Dip
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Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
Stay safe
#PEACE
REN / BTC Trade IdeaREN is about the break a huge triangle and it has some more potential to move upwards. Set your alerts to the break of the upper trendline of the triangle and let it run.
REN/BTC (Strong Breakout; New ATH?)REN/BTC
-since the last Buy priority signal from Cross Ultimate indicator
-the price went up over 200% til now
-there are multiple entry points during its strong uptrend
-showed in the chart for good pullback entries or breakout entry
-REN also hits an ATH on exchange history
-I do not recommend to buy at current levels
-wait for a corrective pullback and reversal sign before entering
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
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 | Good MovementEntry : 0.00000461 - 0.00000413
Target 1 : 0.00000535
Target 2 : 0.00000603
Target 3 : 0.00000714
Target 4 : 0.00000819
Target 5 : 0.00000924
Stop loss : 0.00000405
Risk/Reward : 15%/105%
Do not hurry to buy, the price may go down to good places
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REN/BTC TA Update (Bulls getting ready?)REN/BTC
REN is showing signs of strength after the price bounces from the downward trend-line of support at around 420 sats area. REN is painting a potential Higher Low setup and an EMA cross.
The price is currently testing the downtrend of resistance and facing a little hesitation to break bullish. We could see REN consolidate in this area within a week before it decides to break Higher High.
I'm leaning to the Bulls side if REN can hold this level within 48 hours or more.
REN / BTC 2h CHARTLevels are on chart
Suports on green lines
Resistences on red lines
Yellow price projection
RENBTC formed bullish BAT | Upto 12% expectedPriceline of REN / Bictoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000686 to 0.00000654
Sell between: 0.00000694 to 0.00000737
Enjoy your profits and regards,
Atif Akbar (moon333)
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.
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 :