daily chart, with bullish falg and test of support. targeting 800sat.
$REN Spike in volume today leading to cross over resistance level at ~650sats Crossing over EMA50/200 with the same impulse on the daily.. Looking for a flip on this level & volume continuation in order to open a position with target at ~770 sats.. Wait for it #REN Managing my stop losses, take profits and trades over 3commas platform for Binance has been a...
REN is now on cusp of a breakout. Whether it will happen or not, that time will tell but I am entering with 3% stop loss for any BTC run. To me, it seems a good bet.
This is a play that has been building for months now. With clear bullish divergence confirmed in the past two weeks, and REN being in a key area of interest, this is a trade worth examining. In my view, as long as we can hold above 420 sats, this play is bullish. A break below and I am bearish and would expect more consolidation before a bullish potential stop...
REN is sitting at very nice position with historical support and it seems it is breaking out(to be confirmed), but my bias is on yes it it or it should. Entering with 3% stop loss in case BTC drops more from here
Ren Protocol (RENBTC) is definitely one of my favorite altcoin projects for trading... Don't get me wrong, I mean the trading pair RENBTC, all of our trades are fully based on TA (Technical analysis) only. Now, this pair is about to move again, so here I would like to share the numbers for those who want to trade. ------- Pair: Ren | RENBTC ENTRY: 0.00000450...
Enter on break of the flag and small consolidation outside. Trade with stops.
REN/BTC finished bullish gartley pattern. Strong bullish
Breaking descending trenline Falling Wedge Breaking Seems to hold the ascencding bottom trendline Be careful, deat cat is possible before new low Not Financial Advice
Ren attempted to break out but was rejected by downtrend line. REN is in coma for so long, all the hype surrounding dark nodes are not able to revive it, lets hope it bounces in commong days, bettings on it.
RENBTC is now on an interesting spot, it broke below support but the volume is low for the bears and we have our indicators trending towards the bulls. This setup can lead to some strong growth... but the first barrier to conquer is EMA10 at 0.00000457. RENBTC needs to stay about this level if we want to see higher targets. 0.00000461 BTC is also the 0.786 Fib....
REN/BTC (Update) Forming Bullish Wedge in Daily TF So Keep Your Eyes on It..!! Expecting Breakout.. Buy Between 450-460 Sats Sell Targets 492-512-535 Sats Stop Loss Below 426 Sats Buy with 10% Portfolio..!! Please like, subscribe and share your ideas and charts with the community!
REN/BTC An impulse occurred in a 5 wave structure. Next we had an ABC correction that has retraced to the .786 fib level already and is most likely done, if not then it will finish very soon with a small lower low into the buy zone. After a 1-5 up and an ABC down we get another swing up to a Higher High. Its hard to tell if this is a LARGE ABC or a LARGE 1-2-3...
Levels are on chart Suports on green lines Resistences on red lines Yellow price projection
We have an active trade for Ren Protocol (RENBTC) that is now relevant again. This trade hit 55%+ of profits and is now back within buy-in range, you can find it by clicking on the image below: "Back within buy-in range" means that this pair can be bought... We are likely to get another round of profits. The chart for RENBTC is looking bullish strong right...
Possible BAT and CRAB bearish harmonics patterns on REN
Entry: 0.00000530 Target 1: 0.00000644 Target 2: 0.00000712 Stop loss is 2 ATR levels away: 0.00000474 R/R ratio: Target 1: 1:2 Target 2: 1:3 Bullish divergence can be seen on the daily, and currently on the 4H as well, so the current level looks good to step in. The Stochastic RSI, has crossed as well on the daily.
Looking towards defi projects I stumbled upon Tierion and Ren. Tierion is still pumping and in sat value is to risky for me to get in since its over 300% this year alone. Now Ren is up 100% already this year, yet with the high VPVR around this 510 sat value and only having a 30mil mc, seems like a great deal after seeing a pullback from 1394 sats would just be...