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AlanSantana
Nov 24, 2022 9:12 PM

Ren Bullish Breakout, 100% Potential with Targets Long

Ren / BitcoinBinance

Description

Ren has gone bullish vs Bitcoin, early signal.

This is also true for the USDT pair which I will share after this one.

Notice the strong volume today as prices move above EMA10.
This is a very strong signal.

Note: A negative close can negate this signal and that is why we always have a stop-loss and use a plan when we trade.
The charts are always changing...

Let's continue:

Marked on the chart is also a higher low.

The easy target is 30%+ at the 0.618 Fib. extension level.

The main target if there is a follow up on the bulls side stands at 978 satoshis or 100% potential from the current price.

You can find more details on the chart.

Namaste.

Comment

First target at 30%, hit.

Comment

RENBTC

ENTRY: 0.00000450 - 0.00000500

TP1: 0.00000565 |Hit (+16%)
TP2: 0.00000640 |Hit (+32%)
TP3: 0.00000730 |Hit (+50%)
TP4: 0.00000850 |Hit (+75%)
TP5: 0.00001100 |Next target (+126%)

STOP: Close daily below 0.00000430
Comments
SwallowPremium
We think you are right! Keep it up!
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