LinkCrypto
Long

130% Price Spike Incoming

BINANCE:RENBTC   Ren / Bitcoin
This REN setup looks incredible right now. This support line has been tested 3 times in since late May. Each time price has touched the line or come very close, price has spiked 95%/143%/131%. A lot more people know about $REN now and are aware of its pumping ability . 130% price target from here is more than reasonable. If history repeats itself. 812 sats is a big resistance. If we can break that, we should be good for a reversal. We have 18 days until Binancne bans US users from trading. This could be the catalyst the $REN needs to get one last pump in before US customers are shut out.

*This is not financial advice. I am not responsible for any losses of money.*
MACD looks bearish though
+2 Reply
@heyula, if you look at the third price spike you can see that the reversal started when the MACD was bearish as well. Price doesn’t looks great right now though. We could see low 700s if we close here
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