REN- 68% Higher Since Last Post (Resistance ahead)REN has been doing well and almost 70% higher since our last post.
At this stage the price is approaching resistance at 1,05$ with 1.75$ being the next profit Target.
Keep it up,
the FXPROFESSOR
RENUSDT trade ideas
RENUSDTThis analysis too risk for now becuase I don't know uptrend finish in sub wave .
Anyway that strong resistance maybe can reversal candle stick there
REN swing test- bullish pennantThe price is currently testing the previous highs from June 2021. If bulls manage to defend this level, this could be a good buying opportunity.
Entries:
Aggressive- 0.65
Stupid and greedy - after 0.71 is reclaimed
Safe- after upper trendline of the triangle or 0.86(TP1) is reclaimed
Long term targets only:
TP1: 0.8611
TP2: 1.1001
TP3: 1.3764
TP4: 1.7539
(short-term traders will figure this out themselves)
Remember about risk management, especially that BTC has been quite volatile lately.
REN - How our Levels worked During today's 'Storm'Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations.
Let's take a step back and see how our levels works.
Look at our previous ideas below for comparison.
No love today,
the FXPROFESSOR
$ren this chart says....it looks like we are topping out to come down but I'm thinking ore consolidation and then upward movement.
RENUSDT - Request Ticker looks good.Recently someone asked me about REN and the chart looks good for more upside!
It seems we are creating a bullflag and now we are trying to break resistance!
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REN BREAK/KIRILIMReds resistance
Yellows supports
2 arrow possible scenarios
Kırmızılar direnç
Sarılar destek
2 ok olası senaryolar
REN symmetrical triangleREN in a symmetrical triangle, running out of space soon. MACD tells us it's coiling up for a move, RSI in the neutral middle. We do not care where it moves, but it looks like it will go up... set alarms. Good luck traders...
REN/USDT break out successful?Ren still going up when btc dropping today.
- W pattern and completed the correction
- Broke the resistance level
- Weekly MACD candle changed to green
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
RENUSDT is testing the 4h resistance 🦐RENUSDT is testing the 4h resistance 🦐 below the weekly structures.
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.
Breakout!! Interesting chart setup here. Bounce from the long term support, Breakout of the downtrend resistance and right at 0.23 fibonacci resistance!! a break of the resistance and test of 0.5 fib resistance is on the cards. the next steps will be determined based test of 0.5 fib resistance. a breakout with good volume will set it up for a run higher.
Entry - 21000 ren at 0.49
Trade - open
REN- I like this Chart at this Stage but No Stimpy? They use to tell me 'Ren to Ten'... I am happy with 1$ and 1,8$ that I can see on the chart.
REN is a nice project and they seem to have found some purpose in thei industry:
Ren is bringing decentralized stablecoins to Dogecoin (DOGE) and others
Stablecoins created using Bitcoin, Dogecoin, Digibyte, and others can now be used for reliable payments & DeFi transactions.
What I really don't like is their marketing/management.. I google REN and the first result I get is ' Ren and Stimpy' which was the funniest thing to watch back in the day during my times in the MidWest. Coming from Europe I ahd no idea what this was, until I ended up watching it sometimes too. (Gross neurotic chihuahuas can be funny ).
One Love,
the FXPROFESSOR
RENUSDT LONG IN BINANCE AND KUCOIN SPOT R/R with first target is about = 1 !!!
but you need money management in this trade because of my stoploss price !!!
you can set a "buy stop limit" order on the trigger price !!!
after that sell 50% of your position on tp1 and upgrade your stoploss to your trigger price and wait for tp2 or more ... it means : risk free !!!!
just like and folowfor more ... 8D
$REN crypto watchThis one looks like its still needing to find direction... keep an eye on overall crypto
RENUSDT Is Going Up
Welcome back Traders, Investors, and Community!
RENUSDT on H4 has been moving along the Ascending channel and has been making HHs and HLs in the channel. After the rejection from the support line it is expected to go higher.
⬆️Buy now or Buy at 0.58184
⭕️SL @ 0.53048
✅TP1 @ 0.65000
✅TP2 @ 0.67000
✅TP3 @ 0.70000
✅TP4 @ 0.80000
✅TP5 @ 0.90000
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RENUSDT see and watch :)
The trend line is broken and it seems that it can increase up to the specified range ...
volume profile tell me REN will shortvolume profile is the best technical strategy for scalping and now tell us ren want to short
RENUSDT is creating an ascending channel 🦐RENUSDT is creating an ascending channel below the weekly resistance. IF the price is going to have a breakout from the resistance, and turn into new support, 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.
RENUSD SellHello traders!
Renusd is in the correction form and it is now ready to break it downside.
Stoploss is -4% of the investment and the target is 12% of the investment.
Thanks for your appreciation, don't forget to hit the like button and follow to stay connected.
$REN LONG - INSHALLAHRen pair looks good. renbtc looks good. ren usdt looks good. if target doesn't reach then THE market is simply WRONG.
RENUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price has started to move after hitting the support level and we intend to be able to touch its target. But in case of failure of the support line and stabilization below the support line, we consider more losses.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
REN formed big BAT for upto 330% moveHi dear friends, hope you are well and welcome to the new update on REN token.
On the weekly chart,Ren has formed big bullish BAT.
