Renusdt
RENUSDT Hammer SignalHello, dear subscribers!
Our Automatic Hammer Strategy revealed the price movement trend reverse to uptrend.
The technical analysis demonstrates the uptrend, but restricted by the resistance channel. Let's look at the last week price levels. We can see that it found the support on 23% Fibonacci level and resistance on the 38% level. The price recently bounced off the 23% Fibonacci level and the support trend line. This is a strong background for the reverse. The ADL Indicator shows the price uptrend continuation, the Stoch RSI demonstrates that the RENUSDT is oversold and the bullish activity will increase soon.
We expect the 4.0% price growth from 0.31915 to 0.33191. The alert was automatically executed by SkyRock Signals trading bot.
✳️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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WHAT'S BITCOIN UP TO? — 100DAYS OF TA, DAY 88Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 86 of the 100 Days of TA is here! Today, I brought back all the coins talked about in the past days and talked about how to re-enter after Bitcoin movement kicked us out.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
RENUSDT | $ PERFECT $ >> 32% | SHORTThe price has reached the resistance zone and the next possible best move is to go short. here the best strategy I thought would work :
BINANCE:RENUSDT
entry: 0.24043
TP1: 0.16348
SL: 0.27776
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Share your thoughts with me from the comments below...
REN/USDT technical AnalysisIn my opinion, Ren is going to have a head & shoulder bottom pattern and after touching the 0.30304 USDT support line based in Fibo Retracement ,probably will increase until 0.418 USDT and it means that it will result in 38% profit. Please write you opinion about this tutorial technical analysis.
Best Regards
RENUSD possible breakout soon and levels to watch for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
REN (ex-Republic Protocol) (REN/USDT)..FUND & TECH ANALYSIS✅FUNDAMENTAL ANALYSIS
Ren (REN), formerly known as Republic Protocol, is a unique open protocol that provides “inter-blockchain” liquidity access through the decentralized “Dark Pool.” The platform is built on a decentralized virtual machine and then replicated on thousands of machines: RenVM, similar to a blockchain.
Ren focused on dealing with “huge” deals quietly and secretly to avoid upsetting the market. Ren Dark Pool feature will help you solve the problem in a completely simple way through privacy, interaction and reality. In short, Ren’s primary goal is privacy for all decentralized financial applications (DeFi).
REN digital currency offers many outstanding advantages. Ren integrates with other blockchains to bring privacy and interactivity. By doing so, it improves on new and existing DEX applications, DeFi applications and dApps.
Disadvantage of REN
Weak internet marketing.
In order to support the claimed large volume of transactions, the system requires first to acquire a large number of miners.
✅Conclusion
REN is carrying a great potential plus a good team, able to adjust the development direction well. However, the process of developing a RenEx product in beta is still relatively immature, requiring investors to have patience. Therefore, before deciding to invest, you need to study the price cycle and market movements to invest in the right time.
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✅TECHNICAL ANALYSIS
After breaking Dynamic support uptrend line
- Price reduced by about 20% and in case of breaking its $ 0.20 support; More correction can be expected in the short and medium term, and buyers will probably will get long position around $ 0.13 after encountering key static and dynamic key support lines.
-If REN can hit this area from the intersection, wait and look for buying opportunities...
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
Not selling off like the market - is there more upside?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Not selling off like the market - is there more upside?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
REN.USDT (Y20.P4.E1).Price Action explainedHi,
Keeping it short as I'm looking for an entry as this has shown some strength and the pullback is in progress.
I have 2 levels of interest, here and the blue one.
OBSERVATIONS:
======================================
> Bottom structure\reversal seems to be complete and is unlikely to test all the way down as per neckline, if so, too deep and hence not interested;
> On the 4 HRLY, we have confluence with the MA and fib. levels (min. requirement is 2 elements) with confluence;
> We have convergence with the MACD;
> Now we are looking for that bullish candlestick on the 4 hrly or possibly 2 hrly;
> And we have an uptrend on the smaller time frames, hence this is not something I'm saying to go Macro long; Just an potential opportunity until stopped out.
Lets see how we go on this likely opportunity;
Please give me a like or tick for this post.
Regards,
S.SAri
Closeup
Daily chart: Phoeix and Macd show upward pressure;
Price above all 4 ema's.