RENUSDT trade ideas
RENUSDT is ready for a new Breakout? 🦐After our previous Idea with AMAZING gain
The price had a new breakout from a pennant. Now it is testing 0.5 Fibonacci level and we are waiting for the new bullish impulse. According to Plancton's strategy (check our Academy), we can set a nice order
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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.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
REN/USDT H&S pattern and rising wedgeThe Head and shoulders and rising wegde pattern build a short sign for REN/USDT. This could lead to a pricetarget of ~0.82 USDT in the next days on the bottom of the uptrending channel.
Ren/usdtthe Best area to buy is the blue area on the orange line, but also there is a black line which can support the price.
ren longtargets:
I have 3k of ren so a small % of portfolio so i can take the risk:
if you cant take the risk just sell profit target 1 and get back in one of the majors coins
REN - Right to plan. Put the money in your hand! 🚀Gotta love when a plan comes together. Everything looks on track, short term targets hit and long terms are still in play!
Check it out below:
Doesn't look like we'll be slowing down any time soon :D
REN BACK AGAININ 1 H TIME FRAME PRICE BRAKES THE SMA100 AND ALSO GOING TO BREAK THE BEARISH TREND LINE .
IF BREAKES THE PRICE WILL JUMP AT LEATS 15 % TO LAST ATH
RENprotocol [REN] ready to growHi everyone,
It looks like REN is in a situation were it can take off. We just need to wait when the volume kicks in.
Target points are marked on the chart:
> TP1: 1,12$
> TP2: 1,33$
> TP3: 1,67$ (possible)
After confirmation of a clear break-out, new ATH's will be made!
Please like and leave a comment
Happy trading.
This is not financial advice
Previous analysis => Spot on
$REN LONG OPPORTUNITY - MAKE THE MOST OF THIS WEEKENDS PULLBACKREN is another DEFI coin that doesn’t have any historical price resistance as it’s so new. We had a healthy pullback this weekend, but I like how it’s held up. It dropped passed the .786 to the .618 and bounced from there. If you can see the purple lines we see declining volume on a downtrend. We can interpret this as less sellers willing to sell at a lower price. RSI is bottomed out and ready to pop up. I would enter as soon as we see it push above that white resistance line at $.77792. SL set below the .618.
Entry - $.783
SL - $.703
T1 - $.780 (R/R : 3.05 )
T2 - $1.211 (R/R : 6.03 )
T3 - $1.306 (R/R : 7.15 )
REN/USDT READY FOR PUMPAccording to the fundamentally news that published for REN on FEBRUARY , I except huge rise for this currency.
REN/USDT 80% up from our entry so please take profit#REN/USDT Profit Update:-
#REN/USDT currently trading at $0.92
And went up to $0.99
Hope you all are very happy.
Entry:- $0.56 ✅
Targets:-
TP1:- $0.66 ✅
TP2:- $0.755 ✅
TP3:- $0.92 ✅
All Targets has been achieved.
Total pure profit is 80%
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