RENUSDT trade ideas
$REN start accumulating around 1$$REN one more time testing resistance soon, then it could have a breakout.
Keep this one on your watchlist.
REN/USDTNice RRR and potential brake out give us good chance to take profits. After the 1st TP will be hit you can set your SL to the entry position.
If the BTC will stay with minimal volatility we can go up :-)
Enjoy the weekend.
LbL_CZ
Technical Analysis on REN USDTNot a trade idea but a Technical Analysis on a coin i have been watching for some days now,
The zone has been retested, the RSI is also on bullish side
Candle finally forming above 50 MA, waiting to see if tomorrows candle is above the MA line.
Sincerely think that its time for REN to start moving up again..
Please correct if something's missing or being misunderstood on my part!
Moving averages converging I would be shocked if this thing doesnt pop upwards very soon. This coin is also massively undervalued fundamentally
RENUSDT 4hr ://looking strong_trend lines convergingyou can see her starting to compress as those trend lines come togeather. Look to buy anywhere near 1.00 n below is a gift in the short term.
stop loss .91 to .87 n look for profits somewhere but this team this tech more a 6 month hold type deal_ look at celsius CEL very sim charts n concepts that r totally diffrnt but still take a while for people to fully grasp n come on board all that.
short short term if want profits look for anything from 1.15 to 1.21 from there _ 1.29 to 1. 40 range is a spot to look for shorter term profits with eyeing that all time hi on a re buy etc if goes really hi really fast _ lets say pops hard to like 1.50 plus in the short term then re trace around that 1.35 leval _sideways to prime for a run for that new ATH at 1.80 ish_ this is when i would re buy if took profits at higher levels or just buy more at dips when i see sideways action after she claims this next level...
_HGM
RENUSDT 1DAY ://look at that bounce of the 50day average on 1dayanything at 1.usd or under is great. she might go sideways from .95 to 1.15 for the next few weeks or days but she is building to explode (unless black swan even n entire crypto market dunps this will go HARD. REN has a lot of projects n a lot of liquidity all over the place ie harder to get in n out fast n spread out. watch for the slow bleed with this one like if she suddnly makes lower lows n starts dipn below 1.00 this could be trouble but thats not what i am seeing rite now. if anything i think she might pump any day.... i will post a 4hr chart next _ see the trend shift to positive at the green mark on chart
_STOP LOSS .95 to .85 depending on risk tol. .89 to .87 is mine.... maybe .91 if she dropd hard hard n fast
short short term if want profits look for anything from 1.15 to 1.21 from there _ 1.29 to 1.40 range is a spot to look for shorter term profits with eyeing that all time hi on a re buy etc if goes really hi really fast _ lets say pops hard to like 1.50 plus in the short term then re trace around that 1.35 leval _sideways to prime for a run for that new ATH at 1.80 ish_ this is when i would re buy if took profits at higher levels or just buy more at dips when i see sideways action after she claims this next level...
_HGM
RENUSDT Will Price go for DEMAND Level?Hello Traders, This is a screenshot of my Analysis on this Pair. Price is Bullish on the Monthly Timeframe, however Price created a level of Demand at 0.87500 some days ago on the Daily Timeframe and Price is yet to Test this Demand.
I Expect a Retest of this Demand in the Coming Days and then another Bullish Continuation back to the Upside.
I will be Monitoring Price action for shorting Opportunity if we get a Decline in Price, Then I will Position myself at this Demand for Bullish Entry Opportunities.
good long term on RENi think in next few days we gonna see 1.12 or even more there is bullish somewhere 😉🎈
REN/USDT GartleyWe have a Gartley on REN on the daily, ain't perfect (point B is a bit deep) could almost call it an irregular harmonic since B hit a 78% fib instead of 62%
Should still play out with a bit of help from BTC
RENUSDTit's on the good line maybe gonna pass through and reach the next resistance line, or it gonna keep moving forward.
"Like and comment if you did like it"
long position in RENUSDTIt seems that the correction of wave 4 is over and by breaking the purple resistance zone and pullback, it can be ridden in wave 5 for a 100% target.
