Renusdt
RENUSDDT IdeaHi traders...
I'm sorry that I don't have time to write a full explanation...
I can only say that there is a high potential for the price to jump upwards, and Please, Tread this Trade Carefully
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
RENUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for RENUSDT
R2, R3, and R1 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 and S2 which are our support areas; containing the support of price at various points. At the moment, we see the price was supported at S1 and it is fluctuating in a kind of rising trend below R1 line area. We believe there are two scenarios. Either a rise would take place for the price to touch R2 after breaking R1 upward. This will happen through providing us some rising signs and a fixation above this area and more increase will take place toward R2. But by the time the price lose the support and is rejected at any points especially at R1, it faces a decline down to our support areas. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. We recommend you to active your stop-loss for experiencing more logical trades due to the unstable situation of the market. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Ren Buy Entry TradeHere Is My Study on Ren.
This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair. Please conduct your own research and consult with a financial advisor before making any investment decisions.
RENUSDT CHART- FOR THE LONG RUN- it's about to POP!Looking at Renusdt to enter it's about to POP!!
enter 0.1185
stop loss 0.875
take profit 0.2371
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
RENUSDT - Fomo shopping?It is not worth buying an asset that has risen 50% in two days.
It is now trading under the important levels.
The yellow levels are weekly.
The green ones are daily levels.
To break through these levels you need a new bargaining power.
Personally, I'm waiting for a breakdown of support. I will be sharpening this move.
On the global support I will try to add volume.
Just a whole strategy, waiting for the bump and then shorting that bump)
REN: VOLUME CHANGE $0,10 This coin did show before a breakdown trend and depending on some order transactions but with market orders, it did 15% into an uptrend.
The big question is are this coin going to trend further to the critical $0,10 or it's going to break down?
Depending on the data it seems this coin has the right volume, it's only the question of which side this volume will be used as market trades playing also an important trend.
There is no a confirmation for downtrend and before also not, there were only high signals that this coin was able to breakdown, but how the market seems now it can still move to $0,10
it will stay an interesting coin depending on the volume out of it will break out further or return to the price action.
It's important to follow the last trends of markets as markets change with time.
This is not trading advice, this is only a view of how the market can play coming times.
# the volume of this coin is for the most part a market order volume ( directly entering), which means a trend volume. the reason for this is unexpected, with the time frame we could see if this volume can get confirmed to real breakout.