Hi dear friends, hope you are well and welcome to the new trade setup of REN token with Bitcoin pair.
Previously we caught almost 180% of REN as below:
Now on a 4-hr time frame, REN has formed bullish Butterfly move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
Welcome back Traders, Investors, and Community!
RENBTC After breakout it is expected to go up
⬆️Buy now or Buy at 0.00000965
⭕️SL @ 0.00000850
✅TP1 @ 0.00001240
✅TP2 @ 0.00001560
✅TP3 @ 0.00002099
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Great opportunity to Buy REN
Currently we are sitting above the POC *Point of control and
have the 30/50/100/200 EMA underneath us .
Previously this resistance pulled us back beneath the EMAS in which case
we continued to consolidate and now have broken through the resistance .
We are ready for take off provided there is no eratic BTC movements and we...
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.
