REN- Looking good / Interoperability will be keyIntroducing RenVM, an open protocol providing access to inter-blockchain liquidity for all decentralized applications. 'Bring BTC, BCH, ZEC and more to your Ethereum app' as they state.
Interoperability, in a growing blockchain landscape might end up being the key.
I see value in the project and technically I am good to buy in it now.
ref:
renproject.io
Renusdt
REN (Ren Protocol) - Is the correction over?REN has corrected almost 50%. This seems like an overcorrection and I believe we will see strong movements upward now to compensate.
It's recently broke above a trend line and seems to be in the process of moving upward, If the move fails we could see drops down to a higher demand zone - as low as 60 cents.
I have opened a trade on REN just as it broke out and will update as it goes along.
This is not financial advice
If you enjoyed this analysis please like and follow!
🆓Republic Protocol/USDT Analysis (2/3) #REN $RENThere is a good strong force at 0.9$ and 1$ zones so we can expect a recovery in next days. We can start accumulating REN at 2 zones above and I think it will have a big recovery wave from March 5 and targets should be 1.4$ and 1.6$. If it can conquer 1.6$ zone, it will pump very strongly and 3$ will be reached soon!
📈BUY
-Buy: 1.00-1.05$. SL if B
-Buy: 0.88-0.92$. SL if B
-Buy: 1.55-1.60$ if A. SL if B
📉SELL
-Sell: 1.35-1.40$. SL if A
-Sell: 1.55-1.60$. SL if A
-Sell: 2.95-3.05$. SL if A
♻️BACK-UP
-Sell: 0.88-0.92$ if B. SL if A
-Buy: 0.50-0.53$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RENUSDT long positionI think that price correction to the upper limit of the ascending channel can pump the price to the defined targets
MAKER, REN - SimilaritiesBoth pairs exhibit horizontal movement following a breakout
Any find displaying this horizontal movement will likely break up to the upside, as demonstrated between these two
MAKER has a sharper rise compared to REN while breaking out
Similar moving average scenarios can be seen aswell
Main point to take away from this post is the potential of horizontal movement to break up to the upside..
I am long MAKER
ren is just brkeout i am not financial adviser.
trade in your won risk. i am just sharing my idea here.
wish you good luck.
REN BACK AGAININ 1 H TIME FRAME PRICE BRAKES THE SMA100 AND ALSO GOING TO BREAK THE BEARISH TREND LINE .
IF BREAKES THE PRICE WILL JUMP AT LEATS 15 % TO LAST ATH
RENprotocol [REN] ready to growHi everyone,
It looks like REN is in a situation were it can take off. We just need to wait when the volume kicks in.
Target points are marked on the chart:
> TP1: 1,12$
> 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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Must follow me for latest crypto real time updates.
Thank you.
RENUSDTAccording to the break of the Trading Range area upwards, we are waiting for the pullback at $ 0.778 to make a reasonable position after the pullback. After the pullback, we can wait for the price to grow based on the triggers specified in the chart. The fourth take profit point has a high risk, so save the profits in points one to three. Also, pay attention to the specified stop-loss limit so that you do not suffer if the market falls.
