REN/USDT. Hey guys, we have two long positions for REN/USDT.
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Renusdt
REN LONG TRADE 20230101BLUE -> GREEN * 2
Bottom confirmed
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
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 Short to VALREN decent short to VAL
4.854
5.854
5 wave impulse also done (if you count the first small impulse)
$REN #REN | LTF SHORTPWO is important bounce point, and the lower bound of red box most probably will work as resistance. If the price loses red box, the price may dump more than we expect.
Looking at bearish breakers around $0.07821. I'll also chase $0.06416 if the price comes to.
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 $0,10
it will stay an interesting coin depending on the volume out of it will break out further or return to the price action.
It's important to follow the last trends of markets as markets change with time.
This is not trading advice, this is only a view of how the market can play coming times.
# the volume of this coin is for the most part a market order volume ( directly entering), which means a trend volume. the reason for this is unexpected, with the time frame we could see if this volume can get confirmed to real breakout.
REN : BREAKDOWN VIEWREN seems to enter a new breakdown trend.
we will follow this coin for confirmation if there are new confirmations coming.
A study on this coin shows that there is a good possibility this coin is going to break down.
Same time it's breaking down at an important level.
RENUSDT in a falling wedgeThe price has been forming the falling wedge pattern.
The breakout may happen at any time as the wedge looks like it has developed well, however we may see further price decline towards the key support.
Moreover, we would see the potential higher low that would be bullish.
The target from the falling wedge would be corresponding with 0,618 fib level.
Good luck!
RENUSDT, 15M Short ScalpEPZ:
0.08077 - 0.0839
TP:
* 0.0795 (50% TP, move SL to entry)
* 0.0775 (25% TP)
* 0.0760 (25% TP)
SL:
0.0860
RENUSDTIf the price reacts to the demand range of 0.08, if I see a safe position, I will enter a buy position
REN token forming bullish BAT for upto 95% pumpHi dear friends, hope you are well and welcome to the new update on REN token with US Dollar pair.
Previously I shared a long-term trade setup for REN, which is still in play:
Now again on a daily time frame, REN is about to complete a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
REN possible a bull run to 1$ 🚀🚀🚀Hello i think REN is one from the best projects in the market right now and it's vert undervalued right now and when i see this chart i think it's the best time to invest in this coin we can clearly spot a bullish engulfing on it with a high volume and weekly time frame this is good sign and we can also see a clear RSI divergence this what make me very bullish for REN. don't miss to follow me to see any update about this idea. thanks.
REN USDT TODAYApply your own risk management.
Two entries 1st 40% second if possible 60%...
hunt the profits at any level you see convenient for you.
Green Zone for entry,
Yellow levels are targets.
have a good day guys.
RENUSDTREN in regression period and showing bullish flag on the chart. Eyes on the breakout and there are mentioned 3 targets on the chart that REN may achieve.
PLESAE NOTE: Kindly manage your risk! This analysis is based on the chart trend, pattern, EMA & RSI. This is only for the education purpose.
Ren vs Tether | Bullish Breakout Confirmed Through VolumeWe have a lower low on RENUSDT which is also good since the stop-losses have been activated.
The market has the liquid it needs to grow.
Todays trading volume is the highest since September 2021, more than a year ago.
It is also the second highest volume day on the history of this chart, RENUSDT on KuCoin.
This is normally a real move but still early as the daily candle hasn't close.
The 22-Nov. candle sends out a reversal signal and today we get confirmation as prices move above EMA10 on high volume.
A close above EMA10, $0.0788, fully confirms a bullish breakout.
What these signals are telling us is that there is room for additional growth.
Will we have a bullish wave across the cryptocurrency markets in December?
It is looking like it.
Many trading pairs are starting to wake up.
You too... Wake Up!
Time to make some money, we've seen red long enough.
Namaste.
REN's Significant growth!REN has had good price growth in the last few days and the previous 24 hours. Its price, which was placed in a powerful support area, experienced very rapid growth with the support of buyers in the range of $0.065 to $0.070. Also, the $0.10 range has become support, and if the price returns to this area, we can expect support for further growth. One of the very strong and important resistances of this currency is in the range of 0.200 dollars, and if the price hits this range, the possibility of short-term buyers saving profits is high. The closest support range to the current price is in the area of $0.120 to $0.123, and if signs of support are found in this range, the price can continue to move upward by forming an ascending channel from this range.
Ren usdt limit short trade idea Greetings from Team : Trading The Tides.
lets discuss a short sell opportunity on (REN/USDT)
Target area for initiating short :0.11
DCA Limits :
TP :0.09
SL : not yet .using hedge mode
Hold Time : short
Technical Chart Pattern: rising wedge
Posible liquidity area :
Exchange:binance
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
Like , Share ,Follow
Thanks a lot and see you soon on the next trade .
✅REN : Possibility for increase✅REN : Possibility for increase
It means that it's now interesting for a possible increase.
REN/USDTren usdt
looking bullish
rsi divergence
ascending triangle
long entry
trend analysis
harmonic
indicator