RENUSDT trade ideas
RENUSDTthis alt has got the pump completely recently and after that entered an slow slope descending channel (-0.6%)
this means the chart is resting and the money flow from input of this alt is getting out slowly
the chart will regain its power and getting ready for next pump soon so we don't risk it and get in standing by for the profit hunting
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+40% Potential here?We are watching for price to hold the 200 SMA (Yellow line) and turn support
Potential target would be the previous high and the pivots marked above in dashed black lines.
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Ren usdt Updated analysis:ren usdt Updated analysis:
Simple CORRECTION became a complex reform with the fall of bitcoin. Of course, in terms of time, the CORRECTION was not over.
Simple reform became a complex reform with the fall of bitcoin. Of course, in terms of time, the reform was not over.
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RENUSDT - 4HREN looking good here with a reversal structure and breaking resistance!
The only question is what caused this long wick, my guess is over leveraged traders and a big drop in the market.
For every new follower i will add a new idea :)
REN USDT - 1D - BRIEFINGHi friends.
REN TO TEN!
Look guys I'm a huge admirer of this DeFi, I believe that is undervalued, I don't know what happened in 18/04 if someone knows please explain to me.
That is just a brief idea, for more please follow me or send me a message.
renusdtif the candle close about the blue
possible to be break the line and go further into the cloud
REN/USD long market entryLong market entry 1,12
SL 0,77
PT1 1,8
PT2 2,84
BE 1,43
RRR 2:1
Above POC + Big volume
#REN, Can #Ren confirm Triangle Breakout?A quick look at #Ren (#RENUSDT, #Binance, 4HR):
There are two way I can look at this chart: A) Ren broke out a descending triangle on March 26; B) Ren broke out yesterday from a triangle. Either ways, price has been ranging since March 26.
Let's wait to see if the price bounces back from the upper side of the triangle, or for a confirmation of the upper resistance at $1.11-$1.10 flipping into support. If confirmed, we could see #REN finally move higher. If not, price might go back down and find support at $1.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment, or follow me! :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
REN triangle breakoutGuys, it's pumpseason and I would say that the Ren is going to have another pump soon ! ⛽
REN already broke up this triangle , so I think there is chance for run to 2.08 and even higher.⚡
ENTRY : local high @ 1.13087
SL : local low @ 0.98501
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 2.08
RRR : 6.5
INVALIDATION : when SL level hit
Like👍 & Enjoy🍿!
REN/USDT only 1 day from $1 to $0.015This bad situation minus $1, so many liquid today but this discount.....😂
Renusdt X1 X2 X5 Best entry on Renusdt
BUY: 0.80-1.11$
Mid
Target 1 : 1.7 $
Target 2 : 2.7 $
Target 3 : 4 $
Long
Targert : 7$
Target : 10 $
Target : 15 $
Target : 20 $
Good luck
ren usdtThe latest analysis of our group.
This is not a financial recommendation.
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