Renusdtlong
RENUSDT 1:1 Long Setup SettingBINANCE:RENUSDT
CRYPTO:RENUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.03480
0.03530
0.03603
0.03693
🔴SL:
0.03163
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
#REN\\USDT#REN
The price is moving in the direction of forming a head and shoulders pattern on a 1-hour frame. The price is moving within it and is largely committed to it. We have a tendency to stabilize above Moving Average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.05900
The first target is 0.06960
The second goal is 0.07947
the third goal is 0.09268
Ren/USDT Looks Promising for the Mid-TermI have a positive outlook on the price of Ren/USDT in the coming days. If you are someone who enjoys trading the spot market and possess the patience to hold onto positions, now would be a good time to consider holding Ren/USDT.
Please note that this statement is not intended as financial advice. It is crucial to conduct your own research (DYOR) before making any investment decisions.
REN token formed bullish Butterfly for upto 10% pumpHi dear friends, hope you are well and welcome to the new trade setup of REN token with Bitcoin pair.
Previously we caught almost 180% of REN as below:
Now on a 4-hr time frame, REN has formed bullish Butterfly move for the next price reversal.
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.
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.
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.
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 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 upside targets $.30-$.38$REN has broken out of it's bottoming formation and has retested support at $.162.
Now it looks to be setting up a big move to the upside with targets at $.305-$.38. 75%+ upside from here.
I've set sell orders from $.27-$.38.
Let's see how it plays out over the coming weeks. I've put key dates on the chart to watch for changes in price action.