REN token formed bullish Gartley for upto 42% moveHi dear friends, hope you are well and welcome to the new trade setup of REN token with US Dollar pair.
Previously I shared a long-term trade setup for REN, which is still in play:
Now a daily time frame, REN has formed a bullish Gartley move.
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
Renusd
RENUSDT in a falling wedgeThe price has been forming the falling wedge pattern.
The breakout may happen at any time as the wedge looks like it has developed well, however we may see further price decline towards the key support.
Moreover, we would see the potential higher low that would be bullish.
The target from the falling wedge would be corresponding with 0,618 fib level.
Good luck!
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 possible a bull run to 1$ 🚀🚀🚀Hello i think REN is one from the best projects in the market right now and it's vert undervalued right now and when i see this chart i think it's the best time to invest in this coin we can clearly spot a bullish engulfing on it with a high volume and weekly time frame this is good sign and we can also see a clear RSI divergence this what make me very bullish for REN. don't miss to follow me to see any update about this idea. thanks.
REN's Significant growth!REN has had good price growth in the last few days and the previous 24 hours. Its price, which was placed in a powerful support area, experienced very rapid growth with the support of buyers in the range of $0.065 to $0.070. Also, the $0.10 range has become support, and if the price returns to this area, we can expect support for further growth. One of the very strong and important resistances of this currency is in the range of 0.200 dollars, and if the price hits this range, the possibility of short-term buyers saving profits is high. The closest support range to the current price is in the area of $0.120 to $0.123, and if signs of support are found in this range, the price can continue to move upward by forming an ascending channel from this range.
REN looks good Ren 2.0 will be the network that powers Ren ecosystem growth throughout this exciting new chapter we’re about to embark on. Its primary advancements will be decentralization and security, supporting generic application logic on top of Ren, an improved MPC algorithm that’s more scalable and able to support more signing schemes, and optimized tokenomics to further align incentives for ecosystem participants. These are extensive upgrades to our core technology. Hence, they will be deployed to a new network.
REN2.0 comes out early next year and DAPPS like Catalog are bringing real value to REN and its transition to a L0 (layer 0)
currently 124 million market cap with lots of room to grow, lets see if it can breakout against ETH and in USD. Im currently long and built a big bag around 10-11 cents so I will be patient on this playing out. NFA
$REN upside targets $.30-$.38$REN has broken out of it's bottoming formation and has retested support at $.162.
Now it looks to be setting up a big move to the upside with targets at $.305-$.38. 75%+ upside from here.
I've set sell orders from $.27-$.38.
Let's see how it plays out over the coming weeks. I've put key dates on the chart to watch for changes in price action.
RENUSD got rejected on the 1D MA200Ren (RENUSD) almost hit today its 1D MA200 (orange trend-line) and instead of breaking it (would have been the first time since December 27 2021), it got heavily (so far) rejected to a point that the 1D candle is flat. This is far from an ideal sign, especially since the rejection also took place a few points below the October 05 2021 Lower Highs trend-line, as well as the 0.382 Fibonacci retracement level.
Being similar to the July - October 2021 rally, we expect the price to trade within its Channel Up at best with the slightest break (close) below the 1D MA50 (blue trend-line) invalidating this pattern to the downside.
On the other hand, a break above the 1D MA200/ Oct LH/ 0.382 Fib Resistance cluster, would constitute a trend shift to long-term bullish with upside targets the upper Fib levels, which as you see formed both Resistance and Support levels during the downtrend this year.
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Messy PA RENThe price action for REN seems really messy and volatile. The volatility could be a good sign of volume arriving.
There is the formation of an inverse head and shoulders here, with like a consolidation/build up potentially starting here for the right shoulder under resistance.
The green box below could be a good place to take long positions. Looking for consolidation, ranging price action here before breaking upwards.
REN formed big bullish Gartley for upto 5464% huge moveHi dear friends, hope you are well and welcome to the new update on REN token.
On a monthly time frame, REN has formed a big bullish Gartley 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/USDT TRADE SETUP! Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#LONG
REN/USDT breakout this ascending triangle pattern.
ENTRY: CMP and add more up to $0.42
SELL- 70%
STOP LOSS: $0.4
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you