#REN It is moving in a bearish channel on a 3-day frame, and the price committed to the support area in green at the level of 0.05000. Now we have an upward breakout of the triangle We have a higher stability moving average of 100 We have bullish momentum on the RSI and an uptrend Entry price is 0.0762 The first target is 0.0833 The second target is 0.0976 The...
#REN The price is moving in a downward channel on a 4-hour frame, about to break upward The area in green is a very strong support area from which the price rebounded at .0800 We have an RSI trend coming up. The fraction is up We have a higher stability than Movink Afrig 100 Entry price:0.08900 The first goal. 0.09370 The second goal is 0.1040 Third goal 0.1134
Bitcoin Renko-chart zones🟦🟥⬜️🟧 Love to use Renko-Charts to see more clear and filter out the noise🔇 After BTC broke the next zone⬜️the next resistance can be found at🟧between 50-51k dear #rypto Nation😉 Comments💭, Likes♥️ & Follow🔗 appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes...
No Storm could stop the weekend to come. EUR is gaining against the USD but it is still a lot could happen. As I keep holding my swing position for this pair, hoping the momentum will continue next week! Have a nice weekend everyone!
ETH🚨👀 When will we see the cornerstone to enter the party zone dear Ethereum fans and Crypto Nation? Give me your thoughts in the comments💭 Likes♥️ and Follow🔗appreciated Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
This is the first "buy signal" the Renko system gives for Bitcoin on the weekly timeframe since the major bear-market. For confirmation, the week needs to close above $24,000 which is almost a done deal. This would confirm a change of trend, Renko-wise. We also have a harmonics pattern and many more signals can be extracted from this chart. We have a...
At $24,000, Bitcoin is facing 2 important resistances on the Renko chart. Swing area resistance and EMA 20 bricks resistance
It's a stubborn thing. Let's see how it handles. The first area for a rebound is marked. And next week I will publish a weekly chart. Hopefully.
Experimental review. Hi. There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture. I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here). And VFI LF is also unnecessary. So what do we observe, besides a...
ok Now iifl can go up side on the base of 1 day rs model and renko chart study based if stostecic give a break out then we can entry in this with the sl of 1 : 2 and our sl is the basis on the candle stick chart pattern .
when you get consolidation like this, sometimes it helps to look at the renko. hoping we get that final drive with pure exhaustion. feels veery similar to last november. if we get it, we'll exit these longs and flip short.
The Renko chart for Bitcoin (BTCUSD) on the daily timeframe gave the first buy signal after hitting support on 10-Nov. This signal was negated 21-Nov. and on the 30-Nov. and 13-Dec. two additional buy signals... Just to be negated again 19-Dec. but this time within a higher low. It's been a while since we read the Renko chart, we forgot completely about it but...
I have hammered out the aspect Ratios for the ATR Renko. I utilized a 100 bar ATR, for a stable average the bars move around. Being Renko boxes, a matching 100 frequency to the ATR amplitude was false; I needed twice the amps (length) to the frequency (width)...a 50 aspect (100•50). The results confounded my other methodology! The ATR has a bullish pattern,...
Renko analysis shows that Bitcoin is at a critical point. Bitcoin is right below the support/resistance of the Renko swing area. Bitcoin is actually testing this resistance/ support level . Bitcoin's reaction to this support/resistance level is critical. If Bitcoin breaks up this resistance level and enters the swing area again, this can be an important signal...
This indicator is good, it can be utilized for timing entries and exits. The Cross symbol, is the opening (Bearish or Bullish). The Square symbol, is a pivot crossing (Bearish or Bullish). The moving averages, aide the price wave identification. The settings for Renko: Seven Bars: a recent wave count with a line graph, on Bollinger Band breaches. Traditional: ...
This will turn soon for a bounce. 3950-60SPx is the main resistance with one at 3895-3906SPX
Bitcoin Renko-chart Support zones⬜️🟦🟥 Get a clean view by filter out the noise dear Crypto Nation🔇😉 BTC zones to keep an eye on👀 ⬜️$18k - $19k temporary lost 🟦$16k - $17k were we are now - green candle might come up🟩 🟥$11k - $13k Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial...
The Renko chart shows that Bitcoin is entering a new swing area. This swing area is between $13,000 and $17,000. This should be confirmed in the coming days. If confirmed, Bitcoin could drop to $13,000