Hi dear friends, hope you are well and welcome to the new update on REN token with US Dollar pair.
Previously I shared a long-term trade setup for REN, which is still in play:
Now again on a daily time frame, REN is about to complete a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Trading strategy:
Risk always 1%
Ratio risk/reward 1:4
When we reached the first target, we move the stop loss to the entry price.
Every time we reach a new target, we also move the stop loss and secure the profit
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Leave a comment... let us know how you see this opportunity.
If...
They use to tell me 'Ren to Ten'... I am happy with 1$ and 1,8$ that I can see on the chart.
REN is a nice project and they seem to have found some purpose in thei industry:
Ren is bringing decentralized stablecoins to Dogecoin (DOGE) and others
Stablecoins created using Bitcoin, Dogecoin, Digibyte, and others can now be used for reliable payments & DeFi...
Hi All,
We are currently in the accumulation area for REN against BTC.
Here I see a potential inverted HS or breakout trade.
It doesn't seem REN making big moves yet but its one to keep an eye on as REN against USDT is slowly getting there.
MACRO Picture
All the best,
S.SAri
There are big possibilities we could see some pullback here due to RSI on 4 hour and below already on overbought area. RSI on lower TF also make bearish divergence. Big support around 0.9 cent and 0.8 cent area. This could a great place to long. Daily RSI also trying to make a pullback and on healthy level . We will see some pump if BTC going sideway or dint...
REN has corrected almost 50%. This seems like an overcorrection and I believe we will see strong movements upward now to compensate.
It's recently broke above a trend line and seems to be in the process of moving upward, If the move fails we could see drops down to a higher demand zone - as low as 60 cents.
I have opened a trade on REN just as it broke out and...
AG from Crypto Check here...
I've been trading for 3 years and happy to share my ideas and the tips and strategies that I have learnt from MartyBoots over the years.
Quick assessment of a potential bullish play on ETH with another ascending triangle forming.
Alts are starting to see some life during early January, we have caught some great trades in the group...
Ren is looking good and consolidating in bullish pattern, the break out of this will take it back to its ATH. There is a good support 100 EMA and 200 EMA below the price move
Priceline of REN / US Dollar is forming a bullish Gartley pattern and soon it will be entered in potential reversal zone insha Allah.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.05409 to 0.05129
Sell between: 0.05629 to...
Priceline of REN / Bictoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000686 to 0.00000654
Sell between: 0.00000694 to 0.00000737
Enjoy your profits and regards,
Atif Akbar (moon333)
REN is looking for potential breakout! we have possible reversal head and shoulders pattern. But to confirm that we need break the resistance neckline. Possible targets on the chart.
