looks not that badhopefully ren is printing a bullish candle right now, everyone is shorting btc I can see a reversal on a lot of alts at the moment
RENUSDT trade ideas
REN.USDT (Y21.P5.E1).Stalking breakout tradeHi Traders,
Here is one worth stalking both on the daily and 4 hrly.
We have 2 resistances to break at the same time.
I'm looking for the 3rd retest
Looking at both directions
All the best,
S.SAri
#RENUSDT Risky (Mid Term) 8/21 #RENUSDT Risky (Mid Term)
Buy : 0.43950000 - 0.39664875
Target 1: 0.46026500
Target 2: 0.50542500
Target 3: 0.59332500
Target 4: 0.74715000
Stoploss: 0.38863886
Signal R/R: 7% / 70%
Net ROI : 30.5%
Invest / Position Size : 3%
Exchange : Binance , Bittrex, KuCoin,
Duration: 7-45 days
Confidence in Trade : Low
Analysis :
we ask Allah reconcile and repay.
REN/USDT READY FOR PUMPBy breaking out the bearish mid term trendline I think it's ready for a huge pump.
Also pump out from the price compression is another reason for a great raise.
nice harmonic pattern as we catch .... there is a beautiful Bearish Crab found in 1h chart .. i have pointed the SL and TP .
Will REN break out of the C&H?Monitoring REN to see if the C&H plays out with some hidden bullish div
(I may be wrong on all these calls)
RENUSDT Will Go Higher After the Breakout
Welcome back Traders, Investors, and Community!
Hi Traders, RENUSDT on H4 has broken above the Resistance however there might be Pullback before it goes higher.
⬆️Buy now or Buy at 0.33761
⭕️SL @ 0.25000
✅TP1 @ 0.40836
✅TP2 @ 0.49835
✅TP3 @ 0.62506
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
Ren long Well we can see on the one hour chart an upside down head and shoulders pattern forming a strong bullish signL majorly dependant on btc dominance
RENUSDT op binanceRenusdt op binance
ENGLISH:
Renusdt on binance
We see and are in a clear downward trend.
at the time of writing we have honestly already missed the better time to get in imo.
Since we do not run after the facts but sit quietly, we have the next most logical and risk-free and set as the ideal entry moment.
Larger time frames we do spot opportunities to pick them up a lot lower, but we are not going to keep the trade out of the way for our support, and as long as they do this we are looking for a long time.
given also the positioning of the current price against the support zone, we therefore have the better risk to reward momentum.
enter: 0.29571
stop loss: 0.21387
Take Profit: 0.39035 - 0.43127 - 0.49010 - 0.59497 - 0.6737 - 0.67937
DUTCH
We zien en zitten in een duidelijke downtrending.
bij tijd van schrijven hebben we eerlijk gezegd al het beter moment om in te stappen gemist imo.
Gezien we niet achter de feiten aan hollen maar rustig onze toer uitzitten, hebben we de volgende meest logische en riskloze entery neergezet als ideaal instap moment.
Op groter timeframes spotten we wel mogelijkheden om deze nog een stuk lager op te pikken, doch gaan we de trade niet uit de weg gezien voor ons de steunen houden, en zolang ze dit doen zijn we dus long seeking.
gezien ook de positionering van de huidige prijs tegen over de steun zone, hebben we dus de betere risk to reward momentum.
enteries: 0.29571
stoploss: 0.21387
Takeprofit: 0.39035 - 0.43127 - 0.49010 - 0.59497 - 0.6737 - 0.67937
Ook deze trade volgen?
bezoek MYpileus.nl en neem onze DIY-bot onder de arm
GGGGood day, wolves🔥
There is one more interesting formation for this week
Descending triangle formation on REN/USDT crypto pair.
There was a strong bullish trend before this consolidation.
Breaking this hard resistance level will be a fresh breath for ths crypto.
Let's follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".
Ren is buliish but ...Ren in bullish but market will be bearish if btc cant break upper resistance so for Ren we expect short then long
REN moving towards 3rd impulse of EWWe can see RENUSDT4h is in a current uptrend and is starting to make the 3rd impulse of an Elliot Wave having bounced off the 0.618 fib retractment. If the current trend moves above 0.65 (1st Impulse) then we should move up to peak of the 3 wave which is the 1.618 fib ext before retracing back to 0.65 before the final impulse.
These are just my ideas, not financial advise. Please DYOR.
Im still learning so happy to hear your ideas.
