$REN Possible Reversal, Pitchfork with Oversold RSIRen looks extremely oversold and formed a bullish pitchfork. Target is at 0.618 Fibonacci of the total drop. The market is highly volatile right now so trade at your own risk.
RENUSDT trade ideas
$REN FIB levelsAt a $1B Market Cap, REN is setting up nice
Everything is setting up, its nice to have some of these smaller coins.
J-Powell and Janet Yellen on their last day of testimony.
-The fight about the word "transitory" push-pull drama
-The bill is "paid for"
-"stop printing money"
-more welfare in the forms of child tax credit and childcare subsidies
-another four years of Jerome Powell.
OPEC is Thursday and Friday
Jobs report on Friday
I'm not sure how the market will take these events. Possibly a bullish OPEC and a short lived negative jobs report.
RENREN (USDT)
buy if the candle closes above the green line (4hr)
and take your profit at TP1 .
Good luck .......
REN up 44% in the next future? 1:3 trade ideavolume has been conducted in this zone multiple times and it makes me think this is a demand zone,
let's set it up and see if buyers are in control!
RENUSDTShort Opportunity on RENUSDT
3*2=7
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The ultimate Trade Cup and Handle :) ultimate trade
this trade can take a huge returns
Entry 1 : 0.87
Entry 2 : 0.83
Entry 3 : 0.7
targets 1 : 1.24
target 2 : 1.76
target 3 : price discovery ( 2.17 ) + -
REN - USDT 4H BTFD Opportunity Just pumped up earlier held it's position nice easy setup with SL under the local support.
RENUSDTStop after 200 and local level.
The first goal is the most important and difficult one.
It's safer from the blue level
analysis RENUSDTHello,
Welcome to this analysis about RENUSDT, we are looking at the 1D time frame perspectives.
Support and resistance ranges are specified.
Information provided is only educational and should not be used to take action in the markets.
thank you for watching the analysis.
RENUSDT
RENUSDT
H4
ITS JUST A TECHNICAL ANLYSISE
DONT FORGER MONEY AND RISK MANAGMENT
PLEASE DONT FORGET MONEY MANAGMENT
NEXT WEEK LEVELS AT H4 TIME FRAME
Here is our technical outlook for RENUSDT .
Our analysis is based on fundamental & technical metrics.
According to our drawing RENUSDT is coiling on resistance.
Based on our analysis the price will go lower
to the underlined support.
ITS JUST A TECHNICAL ANLYSISE
TRIGGER PRICE ACTION
GREY BEAR
REN/USDT (Interval 1D) Rounding bottomREN is making a massive rounding bottom on a daily chart, Looks like this will explode in coming days or weeks.
REN/USDT-1D-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
Stressing RENRSI below 25 on the daily time-frame, RSI bullsih divergence on the 4h time-frame, whilst touching the 200 EMA on the daily time frame, a pussible pullback to at least to the 0.87 range, However give that the RSI is exhausted on the daily time-frame, i woudn't be surprised if it tested the ATH. like Algo did yesterday.
Not financial advice, just sharing a possibility.
REN USDTpositive point
1- The weekly chart has good condition
2- daily RSI held 50
3- high volume at this price
4- we are above Daily 200 MA and above cloud Como at daily and weekly
***((you must save profit at each TP))***
don't forget SL
REN/USDT TRADING PLANNING SPOT RECOMREN/USDT
REN BLUE LINE for the entry
Dont be greedy
Market situation not good enough for now
#tipsfortradingplanning #indonesia
REN broke down rising wedge#RENUSDT
$REN broke down from lower line of rising wedge and now pullback to confirm support as resistance.
after this pullback price can drop more to support zone between 0.5 and 0.618 fib levels of last swing high.
if price break out from descending and ascending resistance this bearish scenario will be invalid.
REN - possible upside after trendline breakout ❗❗❗Ren broke the trend line, but then there was a false break and the price came back below the trend line. The price could now correct and gather liquidity below the 0.93 and 0.9 levels. If the trend line breaks again, it could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
RENUSDTHello to you all
We are in a 1-week time frame and we can see the price start moving towards the resistance line.If the price break it we can see new all time high
Just an idea, not financial advice
