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MarsSignals
May 22, 2022 8:01 AM

RENUSDT Short

Ren / TetherUSBinance

Description

Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for RENUSDT

As we predicted in our previous analysis on April 24, we issued a short position in that chart and mentioned more decline for our price. At the moment, we see that all our targets are hit and the price reached the first support line, rose a bit and now it has a fluctuation below the first resistance line. We expect more fall for the price again after reaching the first resistance line. In case it is able to move above the first resistance line and fixes there, then we will have more rise in price up to the second resistance line.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck
Comments
PVerten
So basically it goes down or up. Not sure we can enter any position. Thanks for update
MarsSignals
@PVerten, actually we should wait and see what happens
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