Best time to buy REN is Now 0.9861 Ten X Very Possible here or even more. Bottom floor going up ten or more floors soon. Forget about bitcoin for just a second. Real gains are in the alt coins right NOW. Your in Play. Do not hesitate.
RENUSD trade ideas
REN could RUNif REN price breaks above this current resistance, we could see it go parabolic... REN has pretty great tokenonomics with their RenVM that generates fees and adds value to a sector of the DeFi community...I will continue to monitor Ren Darknode daily/weekly/monthly fee growth as we watch the RENUSD price for a possible breakout
REN - Buy-in targets if SHORTREN has a pretty big set up of a bearish divergence as seen on the 3H chart, we are keeping watch for a pivot point, which may be indicated by the last candlestick that went to the high, and was rejected. It was a strong rejection, the wick is long.
If we do end up retracing, we can shoot for these 3 main zones.
Main lines to bounce off ofThe main lines to bounce off of are blue and the purple lines are the possible borders.
BREAK OUT CONFORMATION. MOVE SOON. BLUE SKYPurple line break. BREAK OUT CONFORMATION add till 1.10. . MOVE SOON. BLUE SKY
Ren still strongThe bears keep trying to steal it away from us but they clearly can't. Each time they get weaker. We win. You lose.
Not a professional advisor, do your own research as I am not responsible, nor is anyone else, if you lose your money on a trade. Its all in when you take profit and when you stop loss, its all psychology and patience is a virtue but so are ALERTS :)
RENUSD making new ATH. Expect Fib 1.618 level to be resistanceI would expect REN to continue its price discovery and head towards fib level 1.618 before seeing some resistance.
Cup and Handle formation TP Target 1.20 - 1.24
Little divergence has to play out on the hourly then its moon time.
Long on REN - Nice little entry pointBouncing off of support.
Targets in price projections. Top target range $1.30-$1.35 USD
Bull Flag FormationBull Flag formation with low volume following volume spike. Price consolidation. Technicals shaping up nicely for a good run. Just a thought..
RE: BROKE RESISTANCE AND SHOOTINGSince it broke resistance I expect it to follow ETH and create ATH soon.
