RENLikely to test the blue resistance above (fib calc) and then retest this major fib it has been trapped in. bouncing from there could signal more upside for ren. Re-entering and closing bearish candles can send it lower to the fibs below. I would not enter until there is confirmation of the upside or when it retests the current box opening an order with a stoploss in the box should it just bounce off. Many ways to trade this.
RENBTC trade ideas
RENBTCI generally don't like to trade on smaller time frames but looking for a re entry into some ALTS which have had solid retracements. I will get in with a tight stop loss.
Bearish pennant 4hrGreat project, amazing mainnet launch, great run up from 360sat lows. I see more retrace here and will pick up more on the dip.
RENBTC Gearing For Next Leg UpContinues respecting the current channel after the break out from the previous triangle.
This tends to follow LEND, meaning this could be an interestingly bullish weekend.
Corrective Count...Have spotted a clear correctional count here which will form a larger wave 2 providing we do not go below our wave 1 low of 363~, as for areas of interest where this may stop to remain bullish is where we are currently and 400~ sat level...These are the areas we hope to see a bounce back up.
REN / BTC Trade IdeaREN is about the break a huge triangle and it has some more potential to move upwards. Set your alerts to the break of the upper trendline of the triangle and let it run.
#REN -scalp & swingrisking a long on coindcx as well as will buy some on spot finance for swing targets!
will take most of leverage long profit at 2135 & swing gonna target full trade
Ren Protocol (Going Back 1.5 Years...)Hello my fellow cryptocurrency trader, let's do it a bit differently today.
I would like to show you the second chart we ever published for Ren Protocol (RENBTC).
This one is dated Feb 19, 2019... See it here:
Ren (RENBTC) A Hidden Gem?/b]
Yes and no... A hidden gem no more since RENBTC even now after massive bullish action continues to grow.
Where is the top?
Who knows, we can only speculate since cryptocurrency is completely wild/crazy and it can surprise even the most experienced of us.
But here I've marked the Fib. levels, which is a great indicator as to where prices will stop.
Feel free to hit LIKE to show your support.
Namaste.
RENBTC Flag Pointing to Continue UptrendArguably one of the best trades this year so far, continuing.
Healthy RSI, volume picking up again.
Forming a flag.
Coinbase listing rumors can add tinder to the fire.
REN (K.N. Setup) Just managed to catch the bottom.
Almost hesitated to catch it. The rest of the market started turning around so I pulled the trigger.
2/3 orders filled.
letting it ride.
REN 6000sats End of the Year ! This is the 3rd prediction for $ren over $btc. The first 2 were exactly on point and target.
This time we use the weekly view and predict a target of 6240 sats by december 2020.
I only have one thing to say : "BUY FAST"
REN/BTC (Strong Breakout; New ATH?)REN/BTC
-since the last Buy priority signal from Cross Ultimate indicator
-the price went up over 200% til now
-there are multiple entry points during its strong uptrend
-showed in the chart for good pullback entries or breakout entry
-REN also hits an ATH on exchange history
-I do not recommend to buy at current levels
-wait for a corrective pullback and reversal sign before entering
REN BTC ideaREN It's so bullish today. As stated by many looks like it repeat LINK pump of the last year, but when to take profit? Hope this could be helpful.
Thanks for watching
$Ren #Ren price discoveryI don't really know how to use a fib extension tool. These are my targets. This is not financial advice. If you haven't punted in Ren already, I'd say stay away.
$REN, may go to retest ATH$REN
Not fully convinced yet since volume is still decreasing & there is a TD9 signalling a potential retrace here (back to 1200?)
but if continuation happens, then it may go to retest ATH (binance) BTC values (~1400sats)
UCTS is green across all timeframes 👌
#REN
