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YassG
Jan 9, 2021 3:33 PM

Ren/usdt bullish breakout  Long

Ren / TetherUSBinance

Description

Ren/USDT is about to make a massive move to the upside.

It’s last run was 2000% before pulling back roughly 60%.

I plotted the same measurement on the recent pullback and is roughly 60% as well, if it replicates the same move in the coming months we could see Ren/USDT hit $3.5.

We can see clearly that its formed a beautiful Bull pennant, which has now broken out to the upside.

If you look at the daily its also printed a clinical Cup&Handle Pattern.

This will be a potential 8.75x return from current level to $3.50
Comments
NaMoTa
Now there is a breakout or not?
YassG
@Mohssin1986, As mentioned in the description of the post, yes.
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