RENUSDT, buy?Hello, dear community. This time I would like to show my view on RENUSDT. As you have noticed REN has made breakthrough from local resistance zone and is heading to global resistance which may be at 0.70-0.72. Good luck in trades, buddy.
Renusdt
REN: RectangleMajor Pattern: Weekly Descending Triangle
Bounce daily Pattern: Rectangle
First entry on 28 March
Second entry today
Target 0,58
REN/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
REN walking a thin lineDaily time frame still looks good. Expecting a bit of a pull back and then an opportunity to rally. Weekly time frame mixed, and the outlier low could offer a few alternative outlooks. Ichimoku (very limited knowledge) is positive for first time since october 21 (!?) so that is a big factor in still being positive for now. lve been buying up low over the past week but will be watching closely because I could see it falling if bitcoin bandits attack. REN has good publicity at the moment and renewed interest due to the recent ronin breach
REN SLOWLY BUT SURELY MOVINGIs there a new product coming to boost the hype ?
Comment and follow for more!
REN Price Targets and Stop LossREN/USDT
Entry Range: $0.35 - 0.40
Price Target 1: $0.46
Price Target 2: $0.56
Price Target 3: $0.64
Stop Loss: $0.27
REN - Trend chart Hello trading friends,
This is update is for REN with the expecting view.
It shows interesting trends on the low time frame - the same time it can take some time before it can show some effect -
If trends go into a green trend as it looks - then there is a chance of a breakout trend for REN to 0,48+
We will see coming time what the trend will do - this update was made only for the reason that REN shows interesting trends.
There is no guarantee that this should happen in the short term.
It's always possible that the coin will increase - but not going in the low time frame to the breakout trend.
And the same time if it goes below the red zone it could break down more as the chart shows.
Have a great time.
# this is not a trading call - Manage all time your risk.
REN/USDT BUY SETUPREN Potential Double bottom
Stochastic oversold zone, showing acummulation buy with big volume on support zone
Target mentioned in the chart
Stoploss : $0.32
Risk : 7%
REN CUP And Handle ReadyHi All,
Only a noob observation and analysis. As the chart painting giant cup and handle supposedly ready. This might take us higher.
Long Entry 0.364
Target 1 : 0.38
Target 2 : 0.4
Target 3 : 0.5
Stoploss : 0.34
Update For REN/USDT Analysis 📈📉As I expected before for RENUSDT in the past analysis ,it was be able to grow up and almost hitted my Target according to my prediction 🎯 more than 600 % profit💰
so now!
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📊Technical
As you can see on WEEKLY timeframe it has been declining in a wide range channel , that now it is trading in pivot zone, so if it lose this zone it will go down to the bottom of the channel and even lower support levels and if it go up of this zone with good enough volume as confirmation it will reach the top of the channel again ,but as always it all depends to crypto market condition and there is the possibility of further fall right now as much as in can grow up if we see bullish signs in the crypto market again , but in order to have any bullish rally it needs to break out the descending trend line of higher line of channel and go up the resistance zone .
🛑resistance level: $0.94- $1.07 /// upper trendline of channel
🆚pivot zone: $0.28 - 0.38 $
❇️support levels: $0.2181 , $0.1336, $0.0713 /// lower trend lines
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
REN - The Bullish Sequence ✨In 2020 when we had the bullish breakout, we saw a very particular sequence of events take place.
We saw:
1. MACD divergence
2. Trendline Breakout
3. Double Bottom
4. BULLRUN
We are now seeing a very similar sequence of events happening. So far we can see:
1. MACD divergence
2. Trendline Breakout
We are yet to see Double Bottom and the BULLRUN.
Trade Idea:
- Watch for price to retrace back to the double bottom
- Enter with stops below the lows
- Hold on tight for another bullrun!
It is quite possible that we may not come down to the double bottom. Incase we don't, look for lower timeframe bullish corrections to enter.
Goodluck!
REN looking good for a 20x Ren chart looking good, making a rhythmic pattern like a symphony
Targets:
T1: $1.64 (450% profit)
T2: $3.1 (1150% profit)
T3: $4.94 (2000% profit)
Stay safe, this is only for long-term holders. If you have weak-hands don't think these targets are quick!
REN/USDT 4 HOURS ANALYSIS Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
REN/USDT just broke out the channel and retested it.
Entry: CMP or upside the 21MA
Targets: 80%TO 100%
Stop Loss: $0.2700
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
REN formed big BAT for upto 330% moveHi dear friends, hope you are well and welcome to the new update on REN token.
During the previous market crash of April to Jun 2021, REN formed a big bullish BAT, which I shared as below:
Now during the current market drop again on a weekly chart, REN has again formed another bullish BAT pattern.
RENUSDT, Its good for futures traderGood night guys
According to the chart you can see the price change the trend to the upward and break the key point level
At this time we need correction of the powerful candle then we are ready to buy in support buy zone area then we can go up toward the target
BECAREFUL GUYS :
We put Stop loss at the bottom of support zone area but the price and come a litthe below this zone then go up, At first take signal then entrance in any position and take long position
This analysis is good and have nice R/r for futures trader, if you can not take trigger for entrance you can send us messages in private we will help you
Dont forget use stop loss
Good Luck
Abtin
REN| today +36% upA new coin that may show good growth in the near future. Pennant - a trend continuation pattern that enhances the forecast of an upward movement
RENUSDT Scalphey traders
as u can see, price couldnt stabilize above golden ratio which is 0.5149
also we can see the potential inverse head and shoulder
0.618 fib lvl will b my neckline and Entry and my TP will b 0.5 fib which is 0.4474
what u think ? share your chart and Leave a comment
REN PROTOCOLRen is a utility token that aims to incentivize a global network of users to allow anyone to transfer both new and existing assets across different blockchains.
For example, with Ren, users can lock bitcoins (or other assets) in a smart contract, and in return, receive the equivalent of ether on the Ethereum blockchain. From there, Bitcoin holders could use Ren to access Ethereum’s suite of decentralized finance (DeFi) products without having to sell their bitcoins or even transferring their assets across blockchains.
Using these Ethereum tokens, a user could even participate in Ethereum’s DeFi ecosystem, including on lending and borrowing platforms such as Compound or Aave. All the while, the user’s bitcoins would remain locked in Ren software.
Should a user seek to unlock their funds, they would need to use the REN cryptocurrency, which is needed to pay nodes for operating and maintaining the network.
Symmetrical Charting shows potential projections
The best buying opportunity is the capitulation events on this chart
Study this chart and see if you find value in this
REN is currently ranked #164
Market Cap $538,642,866
Point of View On $REN || Part 2A point of view on $REN
If REN holds and maintain 0.6 and breaks the resisting line, it might pump at 0.7 to 0.8.
If it doesn't break the resisting line, it can go lower with the market to retest the daily lows.
REN || 11:31I'll buy as much $ren as you have, right now at $0.6.
#REN December news
✅ Host 2 Host is live on Mainnet!
✅ RenVM can now bridge almost any asset on any blockchain.
My current 4 horsemen of the apocalypse.
- $ADA, $LEOS, $VET, $REN
Crypto RENUSDT (Upside poentail?)View On RENUSDT (25 Nov 2021)
We are seeing some swing up activity in REN recently.
It has further explosive potential but we need to watch out $1 region, as the level can act as a strong resistant.
But once that $1 level is cleared strongly, we can see further upside.
$0.55~$0.6 is a good support.
Let's see how high it can go.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.