ReNLoG

ReNLoG

It shouldn't be a surprise that the BTC and the entire crypto market is having a cool off at this moment. Its almost the bloth month(September) in few days and its much expected. In the month of August to September 2021, we saw a correction that led to a major accumulation of BTC from 25k zone after attaining a high of 31k. Same scenario is likely in play this...

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GASUSDT is yet to experience more parabolic move due to the big news around the Neo ecosystem. aNeo recently announced groundbreaking development in the form of a new side chain which is designed to be resistant to MEV (Minor Extractable Value) attacks and compatible with the ethereal Virtual Machine(EVM). This is a very big news for Neo(GAS) but on the TA side...

ReNLoG

BTC is currently sitting in between two CME Gaps at 34k and 21k. Which one do you think CMW would easily magnate?

ReNLoG

We're still still trading in the same range for over 86days. A breakout to either up or down lies the fate of the BTC market. Check the candle sticks I attached a $ sign, it shows the days FOMC was announced and the Basis point as declared by the FED. I will drop an analysis of how the market reacts when FOMC comes live and how to trade it on my next post. follow...

ReNLoG

We've been experiencing a range bound market and limited volatility in the BTC market, for the last 82 days. This current market has dealt with the patience of a lot of traders.

ReNLoG

The Q1 of 2023 showed significant expansion, while the Q2 is stuck in a narrow band between 27k and 29k most of the time. That's why there have been recently fewer trades. More Volatility Equals More Trades.

ReNLoG

Possible scenarios. watch out the trendline, pick your entry once you sight a confirm breakout of the ranges.

ReNLoG

Morning start spotted on the 1hr time frame in an area of support, expect a little reversal #troy hunters. check the previous post on troy where i highlighted area of accumulation for any one interested in holding troy or day trading. drop your comments on other coins you'd like us to demystify

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Two scenarious to look out for... if the bulls take the horn we would see a recovery to test the 200 days moving average at around 23.3k. otherwise a breakdown would cost us another long wick down to 21.6k 🚨IMP Event to Watch in March 📈 - US CPI release on March 14th - FOMC meeting on March 22nd In the picture is also the Mt. Gox event. The distribution of...

ReNLoG

Do you want to start buying into the Troy gamefi coin, check the chart. the loading icon zone is where you should start dollar cost avering into the coin. NFA. #TROY

ReNLoG

Becareful of TROY, its currently overbought and might be gearing up for a correction. if we can run back into the trendline and break above we'll see new high, otherwise we getting a smalll correction to the next horizontal line nbelow where we have a staggering support. #troy meanwhile, do you have any idea why TROY is pumping? share in the comment sesion lets discuss

ReNLoG

Bitcoin is currently holding on to the 200day EMA support, and we may see a small bounce to the resistance of $22.3k before continuing down. More short opportunities to come once it hits resistance again.

ReNLoG

This scenario is likely going to play out on FTRUSDT FTR is showing a week buying strength, after a double rejection candle stick on 15minutes TF. Also Backing up this call with the after effect of FOMC pump that follows with a dump. If you're looking for a shorting opportunity, consider taking entry from the top of the first two white horizontal lines, above...

ReNLoG

in the 4hr chart BTC seems to be rejected severally at the 21.5k zone. There a heavy resistance there, If it breaks below the trendline, then we'll see a retest of the 19k support zone.

ReNLoG

Currently #Bitcoin is heading for a correction. Reasons being that; BTC inflow is HIGH BTC trading at overbought range. Theres a CME Gap at 19.9k - 20.8k The dollar index(DXY) Reversal Hence Bitcoin is looking for healthy correction here.. Anyone looking for a Short opportunity should consider placing a short at these ranges Short BTC : 20800 -...

ReNLoG

if you've noticed lately, a lot of scam pumps keep happening and readily ready to take you out on your positions. It comes with a sudden pump followed by an immediate dump. It could be themed a short squeeze, scam pumps or Hunters Wick. To avoid such scam pumps you would need to stay active on your trade, have your SL in your mind and close if the candle stick(4hr...

ReNLoG

Not a confusing one on BTC, if we hold the 19.5k support the next valid BTC target will be 20.7k which is between the 0.5 - 0.6'fib retracement level. Calculating from the recent high and low(22k', 18k') its might have a trace of last 5th week moves(9th September). if you're looking for a long opportunity, consider a 4hrs close above 19.5k to firewomen on.

ReNLoG

Almighty BTC is still trading between the $18.1k to $20.2k range. If we confirm a day candle stick close above 20.2k the market will rally to catch up the 23k. But if we break below the 18.1k zone, we heading down very fast with an impulsive candle stick which would likely be the last leg of the market decline before we summon in a bullish Nov, Dec, January.