Ren Protocol (Going Back 1.5 Years...)Hello my fellow cryptocurrency trader, let's do it a bit differently today.
I would like to show you the second chart we ever published for Ren Protocol (RENBTC).
This one is dated Feb 19, 2019... See it here:
Ren (RENBTC) A Hidden Gem?/b]
Yes and no... A hidden gem no more since RENBTC even now after massive bullish action continues to grow.
Where is the top?
Who knows, we can only speculate since cryptocurrency is completely wild/crazy and it can surprise even the most experienced of us.
But here I've marked the Fib. levels, which is a great indicator as to where prices will stop.
Feel free to hit LIKE to show your support.
Namaste.
Renprotocol
REN Protocol - Mainnet RenVM has launched! Bullish!As of May 27th, 2020, the Ren Team has successfully deployed the RenVM code to mainnet. This accomplishment is a massive leap forward for the DeFi space as we currently know it. Never before in the cryptocurrency ecosystem have we been able to utilize a custodian with such features as: trust-less, backed securely in value 1:1, linearly scale-able, decentralized – all packed together in one.
TL;DR - RenVM is a decentralised crypto asset custodian that:
- enables universal interoperability between blockchains: anyone can use RenVM to send any asset to any application on any chain in any quantity.
- has robust security: large bonds, large shard sizes, and continuous shuffling make RenVM extremely difficult to attack, even for irrational adversaries. In the unlikely event of a successful attack, RenVM can restore lost funds.
- is scalable: as more assets are locked into the custody of RenVM, the algorithmic adjustment of fees allows RenVM to automatically scale its capacity to meet demand.
- provides an optimal user experience: users can interact with multiple assets, applications, and chains with only one transaction.
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.
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 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.
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.
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 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.
Ren Protocol Readies For Action | Trade Inside [RENBTC](182%)Ren Protocol (RENBTC) is definitely one of my favorite altcoin projects for trading... Don't get me wrong, I mean the trading pair RENBTC, all of our trades are fully based on TA (Technical analysis) only.
Now, this pair is about to move again, so here I would like to share the numbers for those who want to trade.
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Pair: Ren | RENBTC
ENTRY: 0.00000450 - 0.00000500
NEXT SUPPORT: 0.00000420
TARGET:
(1) 0.00000615
(2) 0.00000675
(3) 0.00000835
(4) 0.00000905
(5) 0.00000985
(6) 0.00001225
(7) 0.00001375
STOP: Close weekly below 0.00000360.
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Remember to hit LIKE to show your support.
If you would like to see Ren Protocol (RENBTC) full analysis and chart , click on the image below:
This is not financial advice.
Thanks a lot for reading.
Namaste.
Is Ren Protocol Starting A New 190%+ Bullish Wave?RENBTC is now on an interesting spot, it broke below support but the volume is low for the bears and we have our indicators trending towards the bulls.
This setup can lead to some strong growth... but the first barrier to conquer is EMA10 at 0.00000457.
RENBTC needs to stay about this level if we want to see higher targets.
0.00000461 BTC is also the 0.786 Fib. retracement support for the Sept./Oct. bullish wave.
Conquering this level also supports the bullish move.
If prices for RENBTC moves and closes below 0.00000425, then we switch and put our bear hats on, as the lower support levels are likely to be tested (red arrows).
The strategy would be to buy when the support levels are hit and later sell for profits once the prices move up and hit our targets (magenta lines).
This is not financial advice.
Namaste.
Ren Protocol Trade Active | Over 150% Profits PotentialWe have an active trade for Ren Protocol (RENBTC) that is now relevant again.
This trade hit 55%+ of profits and is now back within buy-in range, you can find it by clicking on the image below:
"Back within buy-in range" means that this pair can be bought...
We are likely to get another round of profits.
The chart for RENBTC is looking bullish strong right now.
This is a friendly reminder.
Thanks for reading.
Namaste.
--
This is not financial advice.
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 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.
[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.