#REN/USDT / Ready to go up#REN
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.03000
We have an uptrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.03585
First target 0.03885
Second target 0.04213
Third target 0.04716
Renusd
RENUSDT 1:1 Long Setup SettingBINANCE:RENUSDT
CRYPTO:RENUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.03480
0.03530
0.03603
0.03693
🔴SL:
0.03163
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
#REN/USDT#REN
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.03350
Entry price 0.04250
First target 0.05190
Second target 0.06400
Third target 0.07530
Is #RENUSDT About to Skyrocket or Sink? Key Levels in FocusYello, Paradisers! Are you ready for the next big move on #RENUSDT? Let's look at the latest analysis of the #REN and see what's happening:
💎We're seeing some strong potential for a bullish continuation from a critical demand zone at $0.0343. We've been closely tracking #REN, which follows a descending channel pattern and seems to be gearing up for a bullish breakout. The next key target to watch after the breakout is the internal minor resistance at $0.059.
💎If #REN holds steady at $0.0343, we could be on the brink of a significant bullish rally, much like those explosive moves we've seen before. A breakout above the crucial resistance at $0.059 could pave the way for a run toward even higher resistance zones—with potential gains ready to take us even further.
💎But caution, Paradisers! If momentum weakens at this critical demand zone, we might see a pullback to the lower support area around $0.0276.
💎Keep your eyes on #REN price action. A daily close below this support could invalidate the bullish scenario and open the door to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
#REN/USDT#REN
It is moving in a bearish channel on a 3-day frame, and the price committed to the support area in green at the level of 0.05000.
Now we have an upward breakout of the triangle
We have a higher stability moving average of 100
We have bullish momentum on the RSI and an uptrend
Entry price is 0.0762
The first target is 0.0833
The second target is 0.0976
The third goal is 0.1161
REN ANALYSIS (2H)REN seems to be forming a diametric on small time frames.
It is now in the middle of the bullish wave E of this diametric.
By maintaining the specified demand, it can move towards the target.
The first target is the red box.
Closing a 4-hour candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#REN/USDT#REN
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area from which the price rebounded at .0800
We have an RSI trend coming up. The fraction is up
We have a higher stability than Movink Afrig 100
Entry price:0.08900
The first goal. 0.09370
The second goal is 0.1040
Third goal 0.1134
ren longhello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
REN IS BULLISHREN is inside a large diametric pattern. Looks like wave E is over. Now ready to move up for the F wave. It can go up while maintaining the green area.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
REN/USD Secondary trend. Channel formation. 08 2023Logarithm. Time frame 3 days. Exit from the downtrend in the long-term trend.
Local trend. The price is at the lower zone of the horizontal channel at its support. For local trading, it is important to break the descending line of the local trend (purple color). In general, this is the accumulation zone of this cryptocurrency.
Line chart. This squeeze under the support is not visible on it.
Secondary trend (publication 2022 01 03)
REN/USD Secondary trend. Wedge. % of key zones
Major trend (publication 2022 01 03)
REN/USD Major trend. Accumulation of 637. Distribution 637
REN ANALYSIS (1D)The REN symbol is inside a timing diametric that looks like we are nearing the end of wave E of this diametric.
The green area could be where wave E ends and wave F begins.You need confirmation and trigger to enter the position.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
REN token formed bullish Butterfly for upto 10% pumpHi dear friends, hope you are well and welcome to the new trade setup of REN token with Bitcoin pair.
Previously we caught almost 180% of REN as below:
Now on a 4-hr time frame, REN has formed bullish Butterfly move for the next price reversal.
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/USD Main trend. Accumulation 637. Distribution 637.Logarithm. Time frame 1 week. The main trend.
The psychology of accumulation and distribution zones.
The graph shows and describes the logic of work in the accumulation and distribution zones of large and small market participants (fuel). Coin as an example. It's always the same. But, always those who are “market fuel” are sure: "This time it will be different. But, no miracle happens. It's always the same. “Market fuel” changes cycle after cycle.
Most people's memories are short. Many people think they're special, or the timing is wrong... but it's always the same. In distribution, they willingly buy expensive. In the accumulation on the contrary, afraid, waiting lower, lower and so on...
Project and News
Ren is an open protocol that allows value to move between blockchains.
RIP-000-018: Financing Ren 2.0 and the Ren Foundation
Early last year, Alameda acquired Ren in partnership with Ren's previous management to provide long-term development funding.
Also, after the story with Alameda (scam, trial) in the network REN 1 will be shut down (waiting for the right moment according to the general market trend), the new network REN 2 will be launched. Read more on the project website itself (read between the lines).
ICO price 02 2018
ICO: 17200 REN = 1 ETH.
Now the price of ETH is about $ 1200, therefore, the price of the ICO in conversion to USD will be REN 0.069, which is slightly lower than the current price of 0.063
Linear graph
Secondary trend. Time Frame, 3 days.
The secondary trend is distinctly downward. A downward wedge is forming.
From the peak, the price decreased by -95% at the moment. This is very much, but if you consider the inadequate pumping of +11,000%, it is normal.
Think about it, the distribution has been 1.76 years. Many people got used to the “stable” price for such a long time and over time were no longer afraid to buy “cheap” because from the support of the distribution pumped by a significant % repeatedly. Also note that the accumulation and distribution over time of duration are identical.
I showed the maximum local pumping from the key support zones when the wedge is broken, i.e. the exit from the downtrend. Let me remind you that at the moment the trend has a pronounced downtrend.
You can work positional trading from the average buy/sell price of the medium/long term, or you can wait for the price to exit a downtrend, that is, to exit a wedge with significant buyer volume.
In order to understand further work, and the potential, figure out what manipulation REN1 - REN2 coin holders want to do.
REN LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the REN symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BUY RENUSD (bullrun can start any minute now)Hey guys,
I'm sharing this with you all because it's such a gem. Ren is a buy, long and hold. The chart speaks for itself. Roseusd had a similar setup before a significant bullrun (see picture below). The setup of Ren is almost identical.
As you can see we are currently at the best buying oppurtunity after the bottom. I know it's a lot of ifs and there are a lot of assumptions being made, but this is a buy in every textbook. If you do not have the courage to buy at these levels you shouldn't trade.
Arguments:
-Correction completed ABC where C = 1.618 of A.
-Correction completed .702 retracement reached for a 2.
-Bullish divergence of RSI.
-Similar setup (RSI and price structure) lead to a magical bullrun on RoseUSD.
-Signs of correction being over on BTC as well to kickstart everything.
As allways, it's just an idea, no financial advise, DYOR. If you like it, feel free to share and like this post.
RENUSDDT IdeaHi traders...
I'm sorry that I don't have time to write a full explanation...
I can only say that there is a high potential for the price to jump upwards, and Please, Tread this Trade Carefully
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.