Hello everyone, analyzed the REN/USDT pair
On the graph, wine is all you need to make a decision.
A grid of buy orders will protect you from a big loss, if suddenly, bitcoin wants to drop lower. Trade wisely, don't overestimate the risks
This is just my opinion, and you trade in accordance with your trading plan.
Targets are indicated on the chart as a...
FYI: I'm just getting started. Just want some feedback and thought of the community if possible.
REN seems to have broken the lower diagonal trendline in given ascending channel. I would have assumed that while approaching the lower diagonal trendline with a decreasing volume we would have bounce back, however it didn't happen. It seems we have have a downward...
this is my upcoming prediction for ren/usdt 2x on the mid of April, dont forget you always need to do your own research
everything you need is on the chart
Fundamentals:
Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.
Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.
The protocol’s native token, REN, functions as a bond for those...
Hi everyone,
As many other altcoins REN is going through a consolidation phase where higher lows are being made. REN found a strong support with the EMA50 (Daily timeframe) and is on his way further completing the ascending triangle formation.
When a strong enough bounce from support area is realized a potential bullish break-out is feasible. As always, we want...
REN Cryptocurrency token is ready to breakout here
it is breaking out on daily time frame volume on previous day also looks good ready to breakout
Start making position here with stop below support zone.
Long : 1.15 below
Stop : 0.97
Target : 1.19, 1.28 , 1.97 , 1.58 , 1.75
Ren is looking bullish af right now. A great token to hold with spot and x2-3 your money in 1-2 months. Not financial advice but I am hodling so DYODD.
Ren Protocol is a permissionless and trustless protocol that allows users to transfer tokens across different blockchains.
We went long REN/USD on 26 March 2020 at $0.04 and are +2525%. Today we see a new possible entry point at $1.05 after a 41.6% retracement from its 20 February high of $1.80.
REN has found support at the 50 MA and looks primed for a...
Just my opinion we could see a break from the trend line today or tomorrow. I have no projections on price target though, still learning how that all works.
rennies to them pennies? i thinks not rightz nows. rennies to them pennies would be dream but my dear rennies... a nice ride sooon. buy zone now $1.09... if lucky again at $0.975... or even $0.79 but ren look like move any days up.
![RENUSDT: Ren protocol [REN] support & Break-out setup](https://s3.tradingview.com/z/zbPXKxWo_mid.png "Ren protocol [REN] support & Break-out setup")
