Crazy upside on Ren. Broke diagonal trend. Retested diagonal. And has held on H4.
RVN has seen volume reduce while consolidating. Wait for a breakout into the blue box. Wait for it to test diagonal support (S/R flip) and boom. Easy 10-30% gain. Be patient
Long ren. Aim to sell near top of blue zone
Link holding support (pink line). With Trufflecon, an announcement is expected. Link should explode
Until #RVN posts a significant strong green candle above the blue trend line - with strong volume - I would consider $RVN a no trade right now
Algo is a high risk/high reward play right now. Currently sitting in the middle between support and resistance. The buyback suggests it should go higher. Let's see how this plays out
I wouldn't take a position in Ren right now. Too risky. Anything in the blue box is just bouncing between support and resistance. It could be consolidating for another move up but we will need more candles to really tell.
101 turned into support. In at 101 First target 107 Second target 115
If it flips 710 as support, then 776 is next. Waiting to see if I should add more.
Looks good from 115 forward. 115 turned into support as shown by 4H candles