Renusdtlong
REN/USDT : breakout from bearish trendline BINANCE:RENUSDT
Hello everyone 😃
Ren had a breakout from it's bearish trendline.
Now It's breaking resistance zone around 1.15$..
Volatility is reaching buy limit zone.
So we expect a retest on current zone after taking hold above it !
Then it will be possible for REN to climb our targets 🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
REN/USDT - False breakout, price return, exit from the triangle Hello everyone, analyzed the REN/USDT pair
On the graph, wine is all you need to make a decision.
A grid of buy orders will protect you from a big loss, if suddenly, bitcoin wants to drop lower. Trade wisely, don't overestimate the risks
This is just my opinion, and you trade in accordance with your trading plan.
Targets are indicated on the chart as a Fibonacci grid.
Stop loss, everyone chooses for himself, observing his own trading strategy
Trade with your trading system, do not overestimate the lot in the position and do not overestimate the risk management.
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Ren/usdt bullish breakout Ren/USDT is about to make a massive move to the upside.
It’s last run was 2000% before pulling back roughly 60%.
I plotted the same measurement on the recent pullback and is roughly 60% as well, if it replicates the same move in the coming months we could see Ren/USDT hit $3.5.
We can see clearly that its formed a beautiful Bull pennant, which has now broken out to the upside.
If you look at the daily its also printed a clinical Cup&Handle Pattern.
This will be a potential 8.75x return from current level to $3.50