Ren (RENBTC), available on Binance, is getting ready for action. It might take a few more days of consolidation, maybe 2-3 weeks maximum for a strong move... We will see how this one goes.
Enjoy the trade.
Trade: Ren (RENBTC)
BUY: 0.00000395 – 0.00000425 (410)
NEXT SUPPORT: 0.00000340
$REN Beautiful break from double bottom up to 530sats resistance level (30% up)
Volume increasing as it tries to flip this level into support
UCTS Buy signal since May 30 on the daily
Both MACD & RSI rising
We may experiment a retest of 480sats before continuation...
Another time another great opportunity ! REN found a support at 309 and turned back. For short term I think 382 area is available and if a valid breakout would approve (yellow line block) then 437 sat is in play too.
Second publish. I'm very happy to share my ideas here and polishing this strategy.
Very interresting setup for RENBTC on the 15 min chart / Line breaks candles sticks.
Beaware, im not using normal candles sticks ( why ?) Because .i find out that line breaks in 15 min timeframe , show me better...
$REN Slowly gaining momentum reaching resistance at 420sats...
Volume slowly rising
Potential ascending triangle
UCTS Buy signal flashing (not confirmed) on the daily chart.
Worth setting up some alerts just in case volume flows in!
Trying to filter my tweets since most of them are currently ATL BTC Support situations...
$REN Reaching ATL BTC Support for the 1st time after the 30%+ run on March...
Laddering buys under 430sats seems a good option if you are trying to play this asset.
RENBTC is near its previous support with an RSI that is rapidly approaching oversold on the daily and weekly timeframe. Aggressive traders can enter targeting a 50% - 61% fibonacci retracement.
Ladder your buys at: 430 - 425 - 420
Target 1: 0.00000448
Target 2: 0.00000469
Target 3: 0.00000510
Target 4: 0.00000561
Remember Ren (RENBTC)? This little gem generated us over 111% profits on our last trade on Binance, and the charts are getting ready for a second run.
You can see our previous trade here for results and additional details:
RENBTC has removed all gains from its last bullish wave and is...
RENBTC has been trending upwards since early February. Its current prices are good to enter on a continuation of this trend. RENBTC is a highly volatile coin so stoploss must be below the previous low. This makes this trade higher risk than others we have posted. Use a small amount of capital on this trade.
Ladder your buys between: 0.00000504 -...
REN / BTC after increasing strongly to 0.00000880, immediately dropped to support 0.000005xx
The current position is quite nice, suitable for the recovery wave of REN
Buy zone: below 0.00000635
Target 1: 0.00000719
Target 2: 0.00000841
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Despite the powerfully momentous sell off since the REN ICO, we have seen a very aggressive reaccumulation from the markets constituents under 0.00200000. The short term trend is looking rather Bullish. On Balance Volume is drastically under the trend angle, indicative of an obvious accumulation opportunity for institutional traders. The Possitive DMI is above the...