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Ren / TetherUS

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RENUSDT trade ideas

RENUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! 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+ Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Will be very appreciate for ur donat/coins :) Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
3
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.
Long
by Yuriy_Bishko
5
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 ––––– 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.
Long
by InkyGrip
22
Bullish signal - bull flags within parallel channelLooking for confirmation of a bull pattern and upward push towards $1.40+ from its current $1.06 support. Should it hold and confirm a continuation of the previous bull flags within the parallel channel, we could expect to see $1.40'ish in the next 2-3 days. Not financial advice, just a personal take on what I see in the charts over the past 3 months... When back-tested, the trend lines have been holding and supporting the theory, not to say that it will guarantee to take off in the next day or so or continue its pattern.
Long
by myrina
1
MEGAPHONE PatternFolks, What about REN... To my surprise not only the technical looks great but also the fundamentals in the essence of the TOTAL supply of tokens. Check it on coin market cap and you'll see the total supply is fully diluted. The Megaphone pattern normally forms after major market moves and is a projection of a market that is out of control and unusually emotional. But in context with the fundamentals, where the project stands for, the amount of tokens that are circulating I think this can become quite great the next months.. Back to the chart.. What is the probability of prices going to dip?? It happened 3 (3 out of 3) times earlier when prices hit the upper band of the (trend line) megaphone line... When price dips back between 20/30% be ready to jump in and buy the dip to make a beautiful swing trade... Notice me talk in probabilities because what happened in the past isn't a guarantee for the future.. It is only for forecasting value and we can be wrong. But this is what people mean when talking about an edge.. An edge is nothing more than an indication of a higher probability of one thing happening over another.. Keep an eye on it.. And plan your trade and when your plan is hit trade the plan.. Hit the like button for more to come if you find it useful.
by MoneyMakingMuro
3