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PolarHusk
Sep 5, 2020 7:22 PM

REN/BTC (Bearish Trendline Breakdown) 

Ren / BitcoinBinance

Description

BINANCE: RENBTC

-After the broken trendline of support break down
-The price fell down by -30% its value
-The next major of support is located at 2100 sat range
-This is a previous key resistance before the strong uptrend last August 10
-Let's wait if REN can hit this area of confluence and look for a buying opportunity


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Comments
Sinigdha123
Very informative analysis!
thanks for sharing dude
PolarHusk
@Sinigdha123, tanks too :)
InkyGrip
perfect bounce
PolarHusk
@plancton0618, thanks :))
Rolandmele
Good job
PolarHusk
@Rolandmele, thanks :)
ProjectSyndicate
I agree with you. got a similar outlook.
PolarHusk
@ProjectSyndicate, thanks alot :)
NancyBabineauxx
great
PolarHusk
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