As you know i'm expecting BTC go sideways in the coming month. I hope altcoin will move up by this time. So Ren/Btc have great potential. Keep an eye on it.
My Long entry: 0.00001470
Stop Loss : 0.00000850 (- 42%)
Target 1 : 0.00006250 (+325%)
Target 2 : 0.00007880 (+ 436%)
You you are following my signal & idea. Comment below & keep supporting me. Thank you.
RENBTC has broken down the uptrend and faced with MA resistances.
On lower frames, we can see positive divergence.. So a pullback is probably on the way.
We will looking for a good entry point for short position.
Entry : 0.00000461 - 0.00000413
Target 1 : 0.00000535
Target 2 : 0.00000603
Target 3 : 0.00000714
Target 4 : 0.00000819
Target 5 : 0.00000924
Stop loss : 0.00000405
Risk/Reward : 15%/105%
Do not hurry to buy, the price may go down to good places
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This pair is printing a bullish channel on 1D since mid September similar to the one it started in mid May. Once the pull back on the 5th leg is completed below the MA50 I am expecting a very aggressive rise towards 0.00001110. The RSI action of the two patterns is also similar.