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Renusdt

REN/USD Main trend. Accumulation 637. Distribution 637.Logarithm. Time frame 1 week. The main trend. The psychology of accumulation and distribution zones. The graph shows and describes the logic of work in the accumulation and distribution zones of large and small market participants (fuel). Coin as an example. It's always the same. But, always those who are “market fuel” are sure: "This time it will be different. But, no miracle happens. It's always the same. “Market fuel” changes cycle after cycle. Most people's memories are short. Many people think they're special, or the timing is wrong... but it's always the same. In distribution, they willingly buy expensive. In the accumulation on the contrary, afraid, waiting lower, lower and so on... Project and News Ren is an open protocol that allows value to move between blockchains. RIP-000-018: Financing Ren 2.0 and the Ren Foundation Early last year, Alameda acquired Ren in partnership with Ren's previous management to provide long-term development funding. Also, after the story with Alameda (scam, trial) in the network REN 1 will be shut down (waiting for the right moment according to the general market trend), the new network REN 2 will be launched. Read more on the project website itself (read between the lines). ICO price 02 2018 ICO: 17200 REN = 1 ETH. Now the price of ETH is about $ 1200, therefore, the price of the ICO in conversion to USD will be REN 0.069, which is slightly lower than the current price of 0.063 Linear graph Secondary trend. Time Frame, 3 days. The secondary trend is distinctly downward. A downward wedge is forming. From the peak, the price decreased by -95% at the moment. This is very much, but if you consider the inadequate pumping of +11,000%, it is normal. Think about it, the distribution has been 1.76 years. Many people got used to the “stable” price for such a long time and over time were no longer afraid to buy “cheap” because from the support of the distribution pumped by a significant % repeatedly. Also note that the accumulation and distribution over time of duration are identical. I showed the maximum local pumping from the key support zones when the wedge is broken, i.e. the exit from the downtrend. Let me remind you that at the moment the trend has a pronounced downtrend. You can work positional trading from the average buy/sell price of the medium/long term, or you can wait for the price to exit a downtrend, that is, to exit a wedge with significant buyer volume. In order to understand further work, and the potential, figure out what manipulation REN1 - REN2 coin holders want to do.
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by SpartaBTC
34
BUY RENUSD (bullrun can start any minute now)Hey guys, I'm sharing this with you all because it's such a gem. Ren is a buy, long and hold. The chart speaks for itself. Roseusd had a similar setup before a significant bullrun (see picture below). The setup of Ren is almost identical. As you can see we are currently at the best buying oppurtunity after the bottom. I know it's a lot of ifs and there are a lot of assumptions being made, but this is a buy in every textbook. If you do not have the courage to buy at these levels you shouldn't trade. Arguments: -Correction completed ABC where C = 1.618 of A. -Correction completed .702 retracement reached for a 2. -Bullish divergence of RSI. -Similar setup (RSI and price structure) lead to a magical bullrun on RoseUSD. -Signs of correction being over on BTC as well to kickstart everything. As allways, it's just an idea, no financial advise, DYOR. If you like it, feel free to share and like this post.
RLong
by HodlCrypot
5
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.
Long
by Arash-RK
1
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
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by MarsSignals
2
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.
RLong
by MoonTradingForecast
2