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.
RENUSDT trade ideas
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.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
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
Ren potential breakout RenVM serves as the engine that powers our decentralized interoperability solution.
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REN (USDT)REN (USDT) take your profit at TP1 AND TP2
for incase set your stop lose on 0.885
Don't be greedy ..................
RENUSDT#RENUSDT 1H
current price : 1.0930
Entry: 0.95 to 1.10
TP1: 1.5
TP2: 1.8
SL: close 4H below 0.9
Exchange:Binance, Kucoin
This is our idea. not a financial advice.
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RENUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market
target: 1.35 - 1.45 - 1.6
after first target reached move ur stop to breakeven
stop: ~0.91 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2+
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REN/USDT TRENDLINE BREAKOUT!!
Renusdt Just Break The Trendline And It Is Now At Strong Resistance If It Break The Resistance Level So Then It Can Move Upside It New All Time High.
Stay Blessed.
REN - this is the best place to buy 🤑🤑A broadening wedge structure has formed on the Ren chart.
The price is now in consolidation in the middle of this wedge.
The best buying opportunity will be after a false break or a test of the lower boundary of this wedge as support.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
REN USDT - 1D - BRIEFING - LONGT1 1.15
T2 1.32
T3 1.46 - CUP AND HANDLE TARGET
Trading Involves High Risk ⚠️
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Exercise Proper Risk Management 💱
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REN/USDT (Interval 2H) Bullish ButterflyREN is in a process of making a bullish :butterfly: pattern, Most likely candle will touch the PRZ, I have marked SL, Entry and TPs according to fibonacci values.
REN POSSIBLE MOVEMENT IN COMING DAYSREN TOWARDS 1.45. In accumulation phase right now. If BTC stays sideways and doesnt fall. Easy 40% Gains in coming days
RENUSDT created a round bottomRENUSDT created a round bottom (Accumulation Phase) and now the price is testing an important daily resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
#REN QUICK 40% TRADEThis will be a quick trade, REN has a big news coming and it is at the bottom of the channel.
Buy at support sell at resistance and make quick 40%. Note stoploss should be right below the support.
$REN | $USDT | #REN Short term targets$REN is moving nicelly according to $BTC dominace
Short term targets $1.2 & $1.4
demand zone.worth a buydyor ta calling this back up to the highs. low risk ez money might be a slower mover tho and take a week