Long
$REN/USDT 12h (Binance Futures) Descending channel breakout
Ren broke out of that parallel channel and is looking really promising for another bull run.
Current Price= 1.09038
Buy Entry= 1.07150 - 1.01550
Take Profit= 1.34444 | 1.84850 | 2.32362
Stop Loss= 0.89266
Risk/Reward= 1:2 | 1:5.34 | 1:8.49
Expected Profit= +57.68% | +154.28% | +245.36%
Possible Loss= -28.92%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 1 month
Current Price= 1.09038
Buy Entry= 1.07150 - 1.01550
Take Profit= 1.34444 | 1.84850 | 2.32362
Stop Loss= 0.89266
Risk/Reward= 1:2 | 1:5.34 | 1:8.49
Expected Profit= +57.68% | +154.28% | +245.36%
Possible Loss= -28.92%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 1 month
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.