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RENBTC trade ideas

Quick Short? (Jan 9th 2021 through Feb 20th 2021)REN/BTC rate (January 9th 2021 through February 20th 2021) Low: 0.00000592 REN/BTC High: 0.00001090-0.00001288 REN/BTC Seems like most alts on the bitcoin trading pairs are getting crushed but I see February as a pretty good turnaround point with bitcoin pumping as hard as it has been and the increasing bitcoin market dominance. Will be interesting to watch this play out. I may try to make a longer term forecast for this one as well as try some work on the USD side as well. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Short
by Hambooger
1
Ren Protocol (RENBTC) Holds At EMA100, Long-term ChartRen Protocol (RENBTC) peaked in late August 2020 after a massive bull run. This bullish run printed a total of 1510% in profits. Now, a strong correction took place for 3.5 months and is likely coming to an end. We can see that RENBTC went below the 0.786 Fib. retracement level of this last bullish run. Support was found at EMA100, blue line, where we can see a long lower wick on last's week's candle, and this week we see prices moving up. If EMA100 holds, Ren Protocol can finally resume its growth. This is not financial advice. Thanks a lot for your continued support. Namaste.
Long
by AlanSantana
3
Week 3 (CLIENT REQUEST) ...REN, how to make money on all chartsI created a strategy and an alert system based on simple indicators that can produce very high results. I am going to start posting some of my results weekly, open for critique. I've actually been using my alerts in the live market, and with pretty good success, but I figure it is always better to have some constructive criticism. I have a ton of experience with my scripts, and I built in a ton of margins for error, so results in real life are actually better than posted. This week, I took a look at REN because I had a client request a REN configuration. In my opinion, using this strategy script is the easiest way to learn which indicators control what kind of market,and how to tune each indicator to account for the market it is targeting. If anyone is interested, I have the strategy open source for everyone to use and to learn from,but my alert system that matches up perfectly with it took some time to build so I kindly ask for $10/month for anyone to use it, BUT I will also send you free configurations to use, similar to the one below, on any coin or any chart that you invest with. I can create great backtests on ANY CHART using my strategy and techniques. I always aim for a mixture of high percent profitability and obviously net profit. Does anyone have any criticism/doubt/suggestions on my backtest? I'm always looking to learn on how to get better Symbol: REN Candle Timeframe: 1 hour Duration: 1 Full year (November 2019 - November 2020) Starting capital is 5000, with a 25% equity order size. Pyramiding: 3 Commission: 0.1% to match Binance commission values. Disclaimer: Backtests do not prove that future trading will provide similar results.
by nhbprod
1
REN/BITCOIN, A GOOD BUY ? — 100DAYS OF TA, DAY 85Time Frame: Daily, 4Hour, and Hourly Hi guys, Welcome back! Day 85 of the 100 Days of TA is here! Today's spotlight is on REN (RENBTC). I talked about the next direction of POLYMATH and the whys. I showed some high probability setups here, what usually happens and what would happen. Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section. Always remember that this is Technical Analysis and it's a game of probabilities. Thanks for coming today! See you tomorrow!
Long
by Pearlumie