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Ren / Bitcoin

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RENBTC trade ideas

RENBTC looks healthy for a Jump over 1300 Sats in Near termBINANCE:RENBTC has been doing really good even during down days of all most entire ALT market. The chart is so simple to understand and its aimed for short term trades only. we are expecting a heavy breakout after touching 990 we should eye at a value between 1264-1300 plz comment to help me improve . chart is only for educational purposes. always look for upcoming events of a project you are investing in. Do have a look on news before making an entry and never forget using stop-loss..
by CognitoBTC
4
REN Ready For A 130% Run?As you can see there are two very similar symmetrical triangles on this chart. Price action and length of the triangles are similar. Price could once again breakout on the 18th day of consolidation 8/13/19. Last time this setup occurred, we saw a 130% increase in price. If this happens again, we could see a price of 2150 sats. Let's see if history repeats itself. I know we wouldn't be mad if it did. Set stop losses just in case this breaks down. *THIS IS NOT FINANCIAL ADVICE. I AM NOT RESPONSIBLE FOR ANY LOSSES OF MONEY*
Long
by ParCrypto
REN & Stimpy (RENBTC)Watching RENBTC here for a possible long as it approaches daily support at 929. Looking for entry in 929~940 area, or entry on the break of the downtrend. Would like to see it hold this area as support for a few candles as accumulation before entering. A daily close below 929 and I'd expect further downside. Entry: 929~940 area OR break of downtrend Stops: Below 929 (3~5% depending on your risk tolerance) Targets: 1043 1108 1266 BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX RVN Tips (just started mining this baby for fun :) : RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ Happy trading!
by TraderoftheCorn
1
Time for another wave on REN?REN has had a lot of attention recently being one of the cryptocurrencies that seems to be moving on its own, instead of moving along with other alts or Bitcoin. This to some may show that the coin has a fundamental value and is not just another alt being pushed along. Currently there seems to be a very good opportunity to purchase some REN as it is bouncing along a lower resistance line, and has the potential to bring 20-40% in return, with the risk of a 2-5% stop loss limit trigger on the other side. Based on previous trends and the fact that there has been a recent increase in volume over a larger basis in the coin I am more inclined to believe that the coin will have at least one more leg up before deciding to have a slightly more lengthy correction. Have a great day all invest at your own risk :)
Long
by Markapello