alanmasters

Always A Winner, Ren Protocol Goes For Higher High

Long
BINANCE:RENBTC   Ren / Bitcoin
Ren Protocol ( RENBTC ), always good/profitable to us, will now resume its uptrend and is aiming at a higher high (HH).

The way this chart is looking, prices will continue going up.

I am thinking that 0.00001416 can be the next main target, but resistance is sure to be found at 0.00000900 followed by 0.00001179 next.

Conditions for change
If prices drop, MA200 (0.00000616) is where strong support is found.

Below MA200 the bearish bias becomes stronger.
Above MA200, black line on the chart, we remain strongly bullish .

Thanks a lot for reading.

Namaste.
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Comments

Thanks for the chart. The 'Havening' event is disrupting the growth of a lot of altcoins. Ren is weathering the storm pretty well. The 'Havening' is a momentary event, shocking to the system at large but eminently recoverable. Good idea to keep the focus on the long term.
+1 Reply
@Bodeman, Thanks a lot for sharing. Agreed.
Reply
Look at the monthly chart, it's a perfect w.
Ready to go crazy imo.
Reply
alanmasters Onesatoshitwosatoshi
Reply
you haven't talked for 2-3 days about it :)
Reply
HI..what about BTC
Reply
@daryy, I am focusing on the altcoins now, these will shine.
Reply
@daryy, Shared some updates about it on Discord.
Reply
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