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RENUSDT trade ideas

RENUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for RENUSDT R2, R3, and R1 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 and S2 which are our support areas; containing the support of price at various points. At the moment, we see the price was supported at S1 and it is fluctuating in a kind of rising trend below R1 line area. We believe there are two scenarios. Either a rise would take place for the price to touch R2 after breaking R1 upward. This will happen through providing us some rising signs and a fixation above this area and more increase will take place toward R2. But by the time the price lose the support and is rejected at any points especially at R1, it faces a decline down to our support areas. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. We recommend you to active your stop-loss for experiencing more logical trades due to the unstable situation of the market. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2
REN - Potential LONGS - 1Hr - BINGX: RENUSDTPERP Trade Status: ACTIVE Trader: Drizzzled (AUS) Trade Type: LONG (RE-ENTRY/DCA/LADDER previous entry post Entry 1: 0.09834,0.09667, 0.09497(or any of entry 1 zone options) -if missed focus on next entries. Don’t stress. Entry 2: 0.08980 “” Entry 3: 0.07996 “” Entry 4: 0.07484 or 0.07327 “” Entry 5: “” Entry 6: “” Entry 7: Stop Loss/ladder re-entries: Entry 1: 0.08826 or slightly above/below (resistance/support) -slightly below your re-entries -5-10% (depending how big the coins range is) move from your chosen entry 1 -slightly above/below entry/key resistance -1:1 or to own personal risk factor Entry 2: 0.08826 “” Entry 3: 0.06922 “” Entrt 4: 0.06922 “” Take Profit Targets: - 0.10240 - 0.11540 - - - Comments: -move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit. -emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too. -by all means you can long from the daily open to these higher target ‘short’ entries. -you don’t have to enter at ‘entry 1’ if you would rather enter higher. -level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy. -the harmonic targets are the take profits of the opposite trade to ours so it’s our res/support to enter at. -don’t hesitate to dm me for guidance :) @everyone -Read the write up hit me up if need help. -treat every entry or entry zone as a single trade setup with its stop loss. If that entry fails we move onto the next entry and so on. Don’t get confused by all the entries take one at a time exactly as every other signal provider does. I’m just giving you the whole range as price action or market makers don’t just retrace at one conventional support/resistance. We are just building confluence lines then grouping them into a stronger chance entry. The DCA/Ladder technique is for the advanced traders. If your new don’t stress about that for now. -Entries -zone equals anywhere in that area and entry only means as close to that entry as possible. -each stop loss is numbered corresponding with the entry below. -note each liquidity pool (left boxes) could get taken then retrace. -note there are bigger fibs above so maybe aim for lower time frame take profits aka 5/15/1hr 50ema. -arrow pointing up on the take profit zone box means that emas will rise so take profits will rise. -emas to have on the chart are 5ema (light blue) 13ema (purple) 50ema (yellow) 200ema (red) 800emas (green) -there are an many liquidity pools to the low to recover which worries me for high prices so stay vigilant. I hope that helps ;).
Long
by Drizzzled
RLinda ! RENUSDT-> Will there be a resistance breakthrough? RENUSDT against the background of the correcting cryptocurrency market looks quite confident and, presumably, is preparing to break through resistance The price forms the third retest in a row against the descending resistance line, forming a bearish wedge. A pattern that can form a strong bullish impulse in the medium term and even change the trend. There is a high probability of price exiting the range (consolidation) and further growth. In the medium term I expect breakthrough of resistance and consolidation of the price above the level of 0.1212 with further bullish impulse formation to 0.2000, 0.246, and in the long term to 0.4226. Regards R. Linda!
Long
by RLinda
13
Republic Protocol (REN), gained massivelyOn a daily TF, the Relative Strength Index (RSI) is 53.84, indicating that the asset is in a neutral zone. The Daily timeframe 0 Fibonacci level is at 0.147883, while the Daily timeframe 1 Fibonacci level is at 0.078855. These levels suggest that REN's price may experience some resistance and support at these levels. The upper Bollinger band for the Daily timeframe is at 0.117676, while the lower Bollinger band is at 0.74148. The middle Bollinger band is at 0.95944. These bands suggest that REN's price may experience some volatility in the near future. The volume oscillator is 21.94, which indicates that there is a strong buying pressure in the market. The MACD is 0.005669, which suggests that REN's price may continue to rise in the short term. REN's price has increased by 25.93% in the last 24 hours. The rise in its price may be due to the instrumental role played by investors holding thousands to millions of REN in driving up the token price. Despite the fall in network growth, investor sentiment remained high, contributing to REN's massive gains. Overall, based on the given information, REN's price is in a neutral zone, and there may be some volatility in the near future. The Fibonacci levels suggest that there may be some resistance and support at 0.147883 and 0.078855, respectively. The volume oscillator indicates that there is a strong buying pressure in the market, and the MACD suggests that the price may continue to rise in the short term. The recent rise in REN's price may be due to investor sentiment and the role of large investors holding significant amounts of REN. Traders and investors should carefully monitor the price levels and indicators to make informed decisions.
by MonoCoinSignal
2