Hi All,
Looking from bullish perspective in the coming weeks and months, we can stipulate price action as long as some conditions are met.
These stipulations or assumptions have to be confirmed along the way, otherwise this "THESIS" is only that.
Having said that, lets move on.
Have you heard of the bump and run strategy, if you havn't, then you wont understand...
REN has a pretty big set up of a bearish divergence as seen on the 3H chart, we are keeping watch for a pivot point, which may be indicated by the last candlestick that went to the high, and was rejected. It was a strong rejection, the wick is long.
If we do end up retracing, we can shoot for these 3 main zones.
The REN project is another fundamentally sound DeFi project that is poised for major growth in 2021. A decentralized protocol that allows for users to transfer cryptocurrencies from one blockchain ecosystem to another. This project already has major utility being used on a daily basis and will only continue to grow with the growth of DeFi and the overall...
Gotta love when a plan comes together. Everything looks on track, short term targets hit and long terms are still in play!
Check it out below:
Doesn't look like we'll be slowing down any time soon :D
Hi everyone,
It looks like REN is in a situation were it can take off. We just need to wait when the volume kicks in.
Target points are marked on the chart:
> TP1: 1,12$
> TP2: 1,33$
> TP3: 1,67$ (possible)
After confirmation of a clear break-out, new ATH's will be made!
Please like and leave a comment
Happy trading.
This is not financial advice
Previous...
Last week, REN / BTC hit a rough patch after a strong start to the year. REN is used for ‘wrapping’ assets on Ethereum and is pretty popular.
REN is needed to create a ‘darknode’, which wraps BTC, BCH, and ZEC, bringing them to the Ethereum network. Darknodes earn fees and with the wrapped BTC (or other asset) holders have it both ways: they keep their Bitcoins...
#REN/USDT Profit Update:-
#REN/USDT currently trading at $0.92
And went up to $0.99
Hope you all are very happy.
Entry:- $0.56 ✅
Targets:-
TP1:- $0.66 ✅
TP2:- $0.755 ✅
TP3:- $0.92 ✅
All Targets has been achieved.
Total pure profit is 80%
Hope you enjoyed.
Please click LIKE button and Appreciate my Hardwork.
Must follow me for latest crypto real time...
Ren is very undervalued when its compared to the runs the likes of AAVE, UMA and your favorite. Yes... Compound.
Ren is the next 4x powerplay. The one we all have been searching for.
Not financial advise....entertainment.
REN REN REN.
REND IT.
#REN/USDT Profit Update:-
#REN/USDT currently trading at $0.72 and went upto almost $0.75
Which is our 2nd Target.
So
Entry:- $0.56 ✅
Targets:-
Target 1:- $0.66 ✅
Target 2:- $0.75 ✅ went upto $0.7499
So total 35% pure profit from our entry zone.
Hope you earned lot money.
Still bullish but now you can book profit.
And if you want to hold then please...
#REN/USDT TA Update:-
#REN looks bullish flag as per TA analysis.
So good time to buy.
I will give 2 best entries.
Entry1:- $0.56
Entry2:- $0.49
Targets:- $0.66/$0.755/$0.92
Stop Loss:- I will update.
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
Technical analysis regarding the price of REN in relation of dollar attached to Tether for the next scenarios, based on 4h movement.
The price is moving in a strong upward trend and, moving away from the Moving Averages of 34 and 89 periods, following the upward trend line.
In my view, it formed a symmetrical triangle pattern (ascending?), To which it was broken...
![RENUSDT: RENprotocol [REN] ready to grow](https://s3.tradingview.com/b/Bv3qazqE_mid.png "RENprotocol [REN] ready to grow")
