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Renusd

$REN down to $.13-.17 then up to $2+?Ren still looks like it has a little bit of correcting to do. I think we'll bounce shortly here, but then ultimately find our way down to $.13-.17 before finding a low. From there, if the market turns bullish again, then I can see run running back up to the highs, and if it breaks them, can see the $2 range. Bearish scenario would be if it can't break out of the upper trend line (or $1), then we could see a retrace from that level. Let's see how it plays out from here.
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by benjihyam
1
MY MINIMALIST CHART ANALYSIS FOR REN 01.24.22 0826H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. This will be a good season for ENTRIES. The market has found strong support at a very bargain price for cryptos. We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC, and a few others. Basically, the outcome of BITCOIN, the ALTS tends to follow. So I am limiting my published ideas to a few, quality over quantity. ALERT: Looking now for an ENTRY to a short to midterm LONG SWING trade. Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy: 1. RSI almost oversold at 30ish. 2. STOCHASTICS on the LOW. 3. Volume still needs a spike of SUPPLY for BUYERS to TAKE, but I am afraid a lot of HODL at this point. 4. Looking at key support at 2767 zones. 5. We can then expect strong support at the 1899-2767, right at the bottom of the MAJOR BLUE BOX, MINOR YELLOW BOX, and the ENTRY AREA OF VALUE MARKER. Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for us all RETAILERS. Looking back months ago when the MINIMALIST BOX ANALYSIS was made. The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels. Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE. INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box) "FOLLOW THE WHITE RABBIT!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you. PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER. It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. Q/A : What are the BOXES for? It is a ROAD MAP for TARGET ZONES IDENTIFICATION. The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY). DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology. Stay away from FOMO and FUD. NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time. My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast. It is all based if the right conditions are met. Generally, it will follow the MINIMALIST BOXES. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work. Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge of what I was taught. Vive Le Autist! Vive Le Diamond Hands!
GEMINI:RENUSDLong
by The_Crypto_Samurai
RENUSDT, Its good for futures traderGood night guys According to the chart you can see the price change the trend to the upward and break the key point level At this time we need correction of the powerful candle then we are ready to buy in support buy zone area then we can go up toward the target BECAREFUL GUYS : We put Stop loss at the bottom of support zone area but the price and come a litthe below this zone then go up, At first take signal then entrance in any position and take long position This analysis is good and have nice R/r for futures trader, if you can not take trigger for entrance you can send us messages in private we will help you Dont forget use stop loss Good Luck Abtin
Short
by Abtin00
REN PROTOCOLRen is a utility token that aims to incentivize a global network of users to allow anyone to transfer both new and existing assets across different blockchains. For example, with Ren, users can lock bitcoins (or other assets) in a smart contract, and in return, receive the equivalent of ether on the Ethereum blockchain. From there, Bitcoin holders could use Ren to access Ethereum’s suite of decentralized finance (DeFi) products without having to sell their bitcoins or even transferring their assets across blockchains. Using these Ethereum tokens, a user could even participate in Ethereum’s DeFi ecosystem, including on lending and borrowing platforms such as Compound or Aave. All the while, the user’s bitcoins would remain locked in Ren software. Should a user seek to unlock their funds, they would need to use the REN cryptocurrency, which is needed to pay nodes for operating and maintaining the network. Symmetrical Charting shows potential projections The best buying opportunity is the capitulation events on this chart Study this chart and see if you find value in this REN is currently ranked #164 Market Cap $538,642,866
Long
by AxeCapp
4
Crypto RENUSDT (Upside poentail?)View On RENUSDT (25 Nov 2021) We are seeing some swing up activity in REN recently. It has further explosive potential but we need to watch out $1 region, as the level can act as a strong resistant. But once that $1 level is cleared strongly, we can see further upside. $0.55~$0.6 is a good support. Let's see how high it can go. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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by SonicDeejay
REN - possible upside after trendline breakout ❗❗❗Ren broke the trend line, but then there was a false break and the price came back below the trend line. The price could now correct and gather liquidity below the 0.93 and 0.9 levels. If the trend line breaks again, it could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
3
REN - this is the best place to buy 🤑🤑A broadening wedge structure has formed on the Ren chart. The price is now in consolidation in the middle of this wedge. The best buying opportunity will be after a false break or a test of the lower boundary of this wedge as support. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
5
Ren PlanSo we can see Ren is having large upwards trajectory, with a inverse head and shoulders on the daily, I expect it to bounce off the ascending support line (between the .768 and .618) and head to the 1.618 fib extension. With Ren’s Arbitrum bridge, value locked and volume all at all time highs, and progress on decentralizing the platform, Ren is primed for a(nother) major upwards move whilst still seemingly under the radar to most retail traders. In the high cap alt market, the only alts I see with such gains ahead besides Ren are Tezos, Polkadot, and Curve.
GEMINI:RENUSDLong
by Mattysalads