This pair is printing a bullish channel on 1D since mid September similar to the one it started in mid May. Once the pull back on the 5th leg is completed below the MA50 I am expecting a very aggressive rise towards 0.00001110. The RSI action of the two patterns is also similar.
Here I am sharing a trade signal for Ren Protocol (RENBTC).
Our last signal reached 44% of profits... You can see it here:
Below is a new entry.
Trade: Ren [RENBTC
BUY: 0.00000490 - 0.00000530
Ren did a full retrace from its last bullish wave and looks like its ready to do a long steady climb back up.
We have been successful with Ren (RENBTC) multiple times in the past, I will share the trades at the bottom, and here I promised to share the next trade with you all.
Wishing you great profits...
Thanks a lot for your continued...
REN can keep on running and I wouldn't be surprised if it made it to former resistance levels of .000011 before seeing any major pull back. Let's see if it can breakout from Oct 10th highs for now. Lot's of ALT's will probably be looking like this in the next coming weeks ahead.
Join me for the live stream today where I break down this position!
Reached ~640sats on its way up following what most of the Alts market is doing
If it manages to hodl & flip this level into support we may see a new leg up with target at ~800sats (another 25%)
UCTS Buy signals across every TF (1D & below)
RSI at overbought (bullish)
Retesting ~500sats support after descending trendline breakout
For continuation to the upside, it will need to bounce from here
UCTS Buy signal active on the 1D chart and Lower TFs
If continuation happens, targets as ~640/800/925 sats
We are seeing RENBTC move higher... A true winner for us, with additional growth expected...
Before we get started, here is our full trade for this pair:
RENBTC](227%) Ren Trade Signal @alanmasters
On the chart above, we can see:
A major trendline is broken.
Starting to gain momentum as it tests ~500sats resistance level // breaks from descending trendline
Crossing EMA50 could be a good signal to track from here..
UCTS showing a Buy signal on 8H charts and lower TFs
Potential targets on the chart