REN seems to be forming a diametric on small time frames.
It is now in the middle of the bullish wave E of this diametric.
By maintaining the specified demand, it can move towards the target.
The first target is the red box.
Closing a 4-hour candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and...
REN has formed a 3 white soldiers pattern which refers to 3 large green candles which is an indication the market will go up
🔵Entry Zone 0.068600 - 0.071728
🔴SL 0.062321
🟢TP1 0.0777269
🟢TP2 0.0859800
🟢TP3 0.108784
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for...
Accumulate $REN and thank me later.
$BTC Defi Narrative
Examples 👉 $STX $RIF already running
Ren is a dead project (fanbois don't shoot me) but doesn't mean it won't run too.
Warena Rena
The total supply of this token is 100 M
And right now the price is less than one cent.
Based on the road map of it we can expect a great jump in future just we should wait and see
Good luck
#REN/USDT BUYING SETUP (Swing)
$REN Retesting resistance become support after breakout Inverted HNS Bullish pattern . Daily close before is Doji candle if REN next candle with Green candle potential continue upward movement . Buy with money management
Entry : 0.1657 - 0.15 - 0.135
Target : 0.1864 - 0.2119 - 0.2420 - 0.2751 - 0.3098
Stop : 0.125
Renault
Short Term - We look to Sell at 25.20 (stop at 26.10)
Preferred trade is to sell into rallies. Bespoke resistance is located at 25.50. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 21.71 and 19.51
Resistance: 25.50 / 28.00 /...
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...
