Always A Winner, Ren Protocol Goes For Higher High Long

Ren / BitcoinBinance

Description

⋅ May 9, 2020 2:36 PM

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.

Comments

Bodeman

⋅ May 10, 2020 10:16 PM

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.

AlanSantana

⋅ May 10, 2020 10:31 PM

@Bodeman, Thanks a lot for sharing. Agreed.

Onesatoshitwosatoshi

⋅ May 10, 2020 3:22 AM

Look at the monthly chart, it's a perfect w.
Ready to go crazy imo.

AlanSantana

⋅ May 10, 2020 3:58 AM

@cryptohawko,

Onesatoshitwosatoshi

⋅ May 10, 2020 5:30 AM

@alanmasters,

daryy

⋅ May 9, 2020 3:41 PM

you haven't talked for 2-3 days about it :)

daryy

⋅ May 9, 2020 3:39 PM

HI..what about BTC

AlanSantana

⋅ May 9, 2020 3:40 PM

@daryy, I am focusing on the altcoins now, these will shine.

AlanSantana

⋅ May 9, 2020 3:44 PM

@daryy, Shared some updates about it on Discord.