Hi dear patrons, hope you are well and welcome to the new update on REN token.
During the previous market crash of Aril to Jun 2021, REN formed a big bullish BAT, which I shared as below:
Now during the current market drop again on a weekly chart, REN has again formed another bullish BAT pattern.
Buy and sell targets:
Buy between: $0.3874 to $0.2668
Sell between: $0.7455 to $1.12
Stop loss:
Below: $0.2668
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 319%, and a loss possibility is 32%, but right now loss ratio can be 20% coz REN is being traded at $0.3320, at the time of writing.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
During the previous market crash of Aril to Jun 2021, REN formed a big bullish BAT, which I shared as below:
Now during the current market drop again on a weekly chart, REN has again formed another bullish BAT pattern.
Buy and sell targets:
Buy between: $0.3874 to $0.2668
Sell between: $0.7455 to $1.12
Stop loss:
Below: $0.2668
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 319%, and a loss possibility is 32%, but right now loss ratio can be 20% coz REN is being traded at $0.3320, at the time of writing.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.