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RENUSDT trade ideas

Update For REN/USDT Analysis 📈📉As I expected before for RENUSDT in the past analysis ,it was be able to grow up and almost hitted my Target according to my prediction 🎯 more than 600 % profit💰 so now! ------------------------------------------------------------------------------------------------------------------- 📊Technical As you can see on WEEKLY timeframe it has been declining in a wide range channel , that now it is trading in pivot zone, so if it lose this zone it will go down to the bottom of the channel and even lower support levels and if it go up of this zone with good enough volume as confirmation it will reach the top of the channel again ,but as always it all depends to crypto market condition and there is the possibility of further fall right now as much as in can grow up if we see bullish signs in the crypto market again , but in order to have any bullish rally it needs to break out the descending trend line of higher line of channel and go up the resistance zone . 🛑resistance level: $0.94- $1.07 /// upper trendline of channel 🆚pivot zone: $0.28 - 0.38 $ ❇️support levels: $0.2181 , $0.1336, $0.0713 /// lower trend lines -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
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by PRO_SMART_Trader
RENUSDT FAlling Wedge pattern, bullish divergency, LONGThis idea is based on a felling wedge pattern the t/p is our next resistance level but it might be a good idea to cash 50-75% at the indicated level and keep remaining investment as the price of Ren might go higher as the world turns to cryptos and decentralised finance ecosystems. You can see the chop index is over 60 (4h) while Stoch is quite low thus meaning there is one direction to go :) Please remember this is just an idea not an advise, position your s/l to protect your capital
RLong
by lb-counts
REN - The Bullish Sequence ✨In 2020 when we had the bullish breakout, we saw a very particular sequence of events take place. We saw: 1. MACD divergence 2. Trendline Breakout 3. Double Bottom 4. BULLRUN We are now seeing a very similar sequence of events happening. So far we can see: 1. MACD divergence 2. Trendline Breakout We are yet to see Double Bottom and the BULLRUN. Trade Idea: - Watch for price to retrace back to the double bottom - Enter with stops below the lows - Hold on tight for another bullrun! It is quite possible that we may not come down to the double bottom. Incase we don't, look for lower timeframe bullish corrections to enter. Goodluck!
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by Altsignals
5
REN/USDT 4 HOURS ANALYSIS Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. REN/USDT just broke out the channel and retested it. Entry: CMP or upside the 21MA Targets: 80%TO 100% Stop Loss: $0.2700 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
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by CRYPTOMOJO_TA
REN formed big BAT for upto 330% moveHi dear patrons, hope you are well and welcome to the new update on REN token. During the previous market crash of Aril to Jun 2021, REN formed a big bullish BAT, which I shared as below: Now during the current market drop again on a weekly chart, REN has again formed another bullish BAT pattern. Buy and sell targets: Buy between: $0.3874 to $0.2668 Sell between: $0.7455 to $1.12 Stop loss: Below: $0.2668 Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of up to 319%, and a loss possibility is 32%, but right now loss ratio can be 20% coz REN is being traded at $0.3320, at the time of writing. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RLong
by moon333
The Sun Sets on REN I had high hopes for REN! I've been a hodler for around two years; however, I think it's time to say goodbye. This project is steadily becoming irrelevant. Monetizing open source/public use protocols is a tough business...how many email protocols are monetized directly by users (they are maintained by data collection and ads)? This project has slipped technically (it use to be a top 50 coin, I think) and fundamentally (i.e. value add does not justify high token price). There are other projects that have much brighter futures. I'll hold REN a while longer and sell once we hit the $0.40s to recoup my recent losses.
RShort
by WildBill2535
RENUSDT, Its good for futures traderGood night guys According to the chart you can see the price change the trend to the upward and break the key point level At this time we need correction of the powerful candle then we are ready to buy in support buy zone area then we can go up toward the target BECAREFUL GUYS : We put Stop loss at the bottom of support zone area but the price and come a litthe below this zone then go up, At first take signal then entrance in any position and take long position This analysis is good and have nice R/r for futures trader, if you can not take trigger for entrance you can send us messages in private we will help you Dont forget use stop loss Good Luck Abtin
RShort
by Abtin00