RENUSDT CHART- FOR THE LONG RUN- it's about to POP!Looking at Renusdt to enter it's about to POP!!
enter 0.1185
stop loss 0.875
take profit 0.2371
Renlong
REN token forming bullish BAT for upto 95% pumpHi dear friends, hope you are well and welcome to the new update on REN token with US Dollar pair.
Previously I shared a long-term trade setup for REN, which is still in play:
Now again on a daily time frame, REN is about to complete a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
REN- I like this Chart at this Stage but No Stimpy? They use to tell me 'Ren to Ten'... I am happy with 1$ and 1,8$ that I can see on the chart.
REN is a nice project and they seem to have found some purpose in thei industry:
Ren is bringing decentralized stablecoins to Dogecoin (DOGE) and others
Stablecoins created using Bitcoin, Dogecoin, Digibyte, and others can now be used for reliable payments & DeFi transactions.
What I really don't like is their marketing/management.. I google REN and the first result I get is ' Ren and Stimpy' which was the funniest thing to watch back in the day during my times in the MidWest. Coming from Europe I ahd no idea what this was, until I ended up watching it sometimes too. (Gross neurotic chihuahuas can be funny ).
One Love,
the FXPROFESSOR
REN.BTC (Y21.P5.E1).Potential.Bullish breakHi All,
We are currently in the accumulation area for REN against BTC.
Here I see a potential inverted HS or breakout trade.
It doesn't seem REN making big moves yet but its one to keep an eye on as REN against USDT is slowly getting there.
MACRO Picture
All the best,
S.SAri
REN pullback?There are big possibilities we could see some pullback here due to RSI on 4 hour and below already on overbought area. RSI on lower TF also make bearish divergence. Big support around 0.9 cent and 0.8 cent area. This could a great place to long. Daily RSI also trying to make a pullback and on healthy level . We will see some pump if BTC going sideway or dint dump.
But there are possibilities we could go lower due to volatility of BTC . If BTC crash from here, we could see REN will follow to dump.
REN (Ren Protocol) - Is the correction over?REN has corrected almost 50%. This seems like an overcorrection and I believe we will see strong movements upward now to compensate.
It's recently broke above a trend line and seems to be in the process of moving upward, If the move fails we could see drops down to a higher demand zone - as low as 60 cents.
I have opened a trade on REN just as it broke out and will update as it goes along.
This is not financial advice
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RENUSDT forming bullish Gartley | Upto 20% expectedPriceline of REN / US Dollar is forming a bullish Gartley pattern and soon it will be entered in potential reversal zone insha Allah.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.05409 to 0.05129
Sell between: 0.05629 to 0.06155
Regards,
Atif Akbar (moon333)
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)