REN/USD LongREN here looks primed for a move upward
especially if some volume comes in to add
confluence
-A running flat (3 3 5) has been formed here
-The MA100 is well below the EMA30 which is
temporarily acting as support creating more
bullish confluence.
-If the gold line keeps holds as support and the
bull pennant (gray) breaks out the top diagonal
we should see a move toward $1.50 at least
Ren Protocol provides interoperability between
different blockchain platforms.
REN is fundamentally sound and is
Decentralized Finance (DeFi) so will be getting
a lot of attention this coming year and long term
will likely be a good investment as well as being a
solid short term swing.
Renusd
REN could RUNif REN price breaks above this current resistance, we could see it go parabolic... REN has pretty great tokenonomics with their RenVM that generates fees and adds value to a sector of the DeFi community...I will continue to monitor Ren Darknode daily/weekly/monthly fee growth as we watch the RENUSD price for a possible breakout
RENprotocol [REN] ready to growHi everyone,
It looks like REN is in a situation were it can take off. We just need to wait when the volume kicks in.
Target points are marked on the chart:
> TP1: 1,12$
> TP2: 1,33$
> TP3: 1,67$ (possible)
After confirmation of a clear break-out, new ATH's will be made!
Please like and leave a comment
Happy trading.
This is not financial advice
Previous analysis => Spot on
REN/USDT 80% up from our entry so please take profit#REN/USDT Profit Update:-
#REN/USDT currently trading at $0.92
And went up to $0.99
Hope you all are very happy.
Entry:- $0.56 ✅
Targets:-
TP1:- $0.66 ✅
TP2:- $0.755 ✅
TP3:- $0.92 ✅
All Targets has been achieved.
Total pure profit is 80%
Hope you enjoyed.
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REN/USDT 34% up from our entry....enjoy#REN/USDT Profit Update:-
#REN/USDT currently trading at $0.72 and went upto almost $0.75
Which is our 2nd Target.
So
Entry:- $0.56 ✅
Targets:-
Target 1:- $0.66 ✅
Target 2:- $0.75 ✅ went upto $0.7499
So total 35% pure profit from our entry zone.
Hope you earned lot money.
Still bullish but now you can book profit.
And if you want to hold then please Secure your principal amount.
Mean to sat that you can hold your profit.
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REN/USDT TA bull Flag update#REN/USDT TA Update:-
#REN looks bullish flag as per TA analysis.
So good time to buy.
I will give 2 best entries.
Entry1:- $0.56
Entry2:- $0.49
Targets:- $0.66/$0.755/$0.92
Stop Loss:- I will update.
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Must follow me for latest crypto real time updates.
Thank you.
RENUSDT (Waiting for the resistance zone Breakout)#RENUSDT(Day chart) Technical Analysis Update
Waiting for the resistance zone breakout
REN/USDT currently trading at $0.385
Long Entry-level: Above 0.440 (only enter long after resistance zone breakout)
STOP LOSS: I will update once I see the breakout
Target 1:$0.560
Target 2: $0.700
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 8: RENDISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 8 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in Republic Protocol:
Projected ROI on Log Scale: 1800% or more
Projected Price Target: 5.88524
Maximum Drawdown on Log Scale: 100 to 300%
Risk/Reward: 18X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Since chart data for Republic Protocol is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out. This is my favorite Defi Project among all craps.
Ren: What you need to know:
medium.com
Here is the investment research report:
medium.com
Taiyang Zhang, it's founder, is a beast. Look him up!
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle.
See the chart below:
Research Materials to Learn More:
www.realvision.com
medium.com
medium.com
renproject.io
Don't forget to like this if it helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about Horizen
RENUSDT (Waiting for the support line Breakout in day chart)
RENUSDT (1 DAY CHART) Technical Analysis Update
Waiting for the support line Breakout in a day chart
REN/USDT currently trading at $0.29600
SHORT Entry level: Enter short if the 1-day candle closed below the support line.
STOP LOSS: 0.3500
Support level 1 (Target 1) : $0.23500
Support level 2 (Target 2) : $0.16500
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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✳️Republic Protocol/USDT (30/11) #REN $RENREN is in indecision zone and we will wait a few more days before deciding which direction to trade.
If the REN conquers the 0.31-0.33$ zone, REN will rise to the 0.4-0.45$ zone and will trigger the FOMO to rise to the 0.65$ zone in December.
But if REN continues to be rejected in this zone, the REN will plummet to the 0.2$ zone
📈BUY- LONG
-Buy: 0.31-0.33$ if A.SL if B
📉SELL-SHORT
-Sell: 0.38-0.4$.SL if A
-Sell: 0.43-0.45$.SL if A
-Sell: 0.65-0.67$.SL if A
♻️BACK-UP
-Sell: 0.31-0.33$ if B.SL if A
-Buy: 0.2-0.22$.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
REN Easy TradeRen looks strong but don't forget BTC can influence the trend. so be fast if BTC dip to stop and take profits if BTC pump!
-We have big support on the trend line at 0.30$
-We are in a good demand Zone
So if u want to play it safe here we go :
Buy zone : Wait for 0.33$+ ! to be sure Ren breaks up 3EMAs!
TP1 : before 0.39$ ( Before 61.8% for safety )
TP2 : before 0.50$ ( Only if it breaks 0.40$ Strongly!) (78.6% Fibo)
Stop Loss : 0.28$
Happy Tr4Ding !
RENUSDT (Reversing From Support)#RENUSDT (4H CHART) Technical Analysis Update
Reversing From Support ine
REN/USDT currently trading at $0.3190
LONG ENTRY LEVEL: Above 0.3320 (only enter long after 4h candle close above resitance level at 0.3320
STOP LOSS ( support): Below $0.2840
Resistance level1(target):$0.3970
Resistance level2(target):$0.47600
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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REN approaching pivotal point?I dont typically like charting coins new to the coinbase exchange because of the "Coinbase Affect" but here is REN looking like it wants to touchdown on what I can consider an important support line, just food for thought.