TradingOn

$REN/BTC 3D (Binance Spot) Big falling wedge breakout and retest

Long
TradingOn Updated   
BINANCE:RENBTC   Ren / Bitcoin
Ren (formerly known as Republic Protocol) broke bullish few months ago and looks ready to push higher now.

Current Price= 0.00001572
Buy Entry= 0.00001594 - 0.00001370
Take Profit= 0.00002362 | 0.00003330 | 0.00004375
Stop Loss= 0.00001130

Risk/Reward= 1:2.5 | 1:5.25 | 1:8.22
Expected Profit= +59.38% | +124.70% | +195.21%
Possible Loss= -23.75%

Fib. Retracement= 0.5 | 1 | 1.5
Margin Leverage= 1x
Estimated Gain-time= 6 months
Trade active:
All entries filled

Ren dipped and bounced nicely on 200MA so far, better be very patient on this one!


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