REN decent short to VAL 4.854 5.854 5 wave impulse also done (if you count the first small impulse)
PWO is important bounce point, and the lower bound of red box most probably will work as resistance. If the price loses red box, the price may dump more than we expect. Looking at bearish breakers around $0.07821. I'll also chase $0.06416 if the price comes to.
REN seems to enter a new breakdown trend. we will follow this coin for confirmation if there are new confirmations coming. A study on this coin shows that there is a good possibility this coin is going to break down. Same time it's breaking down at an important level.
The price has been forming the falling wedge pattern. The breakout may happen at any time as the wedge looks like it has developed well, however we may see further price decline towards the key support. Moreover, we would see the potential higher low that would be bullish. The target from the falling wedge would be corresponding with 0,618 fib level. Good luck!
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...
Hello i think REN is one from the best projects in the market right now and it's vert undervalued right now and when i see this chart i think it's the best time to invest in this coin we can clearly spot a bullish engulfing on it with a high volume and weekly time frame this is good sign and we can also see a clear RSI divergence this what make me very bullish for...
Long term project Minimum targets Apply DCA REN is a sleepy monster
REN has had good price growth in the last few days and the previous 24 hours. Its price, which was placed in a powerful support area, experienced very rapid growth with the support of buyers in the range of $0.065 to $0.070. Also, the $0.10 range has become support, and if the price returns to this area, we can expect support for further growth. One of the very...
I think a Scaply short can be extracted from the chart of this symbol. My setup is like this.
Ren 2.0 will be the network that powers Ren ecosystem growth throughout this exciting new chapter we’re about to embark on. Its primary advancements will be decentralization and security, supporting generic application logic on top of Ren, an improved MPC algorithm that’s more scalable and able to support more signing schemes, and optimized tokenomics to further...
$REN has broken out of it's bottoming formation and has retested support at $.162. Now it looks to be setting up a big move to the upside with targets at $.305-$.38. 75%+ upside from here. I've set sell orders from $.27-$.38. Let's see how it plays out over the coming weeks. I've put key dates on the chart to watch for changes in price action.
Ren (RENUSD) almost hit today its 1D MA200 (orange trend-line) and instead of breaking it (would have been the first time since December 27 2021), it got heavily (so far) rejected to a point that the 1D candle is flat. This is far from an ideal sign, especially since the rejection also took place a few points below the October 05 2021 Lower Highs trend-line, as...
The price action for REN seems really messy and volatile. The volatility could be a good sign of volume arriving. There is the formation of an inverse head and shoulders here, with like a consolidation/build up potentially starting here for the right shoulder under resistance. The green box below could be a good place to take long positions. Looking for...
Possible inverse head and shoulders forming on the REN / USDT chart. REN/BTC also putting in some possible bottom patterns and looking good. Target area is overhead.
Just looking at REN and looking at some of the price action support and resistance. Looking maybe for an entry on a sweep or a higher low. One to keep an eye on.
Hi dear friends, hope you are well and welcome to the new update on REN token. On a monthly time frame, REN has formed a big bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Nice to meet you, everyone I'm an alt trader I'm analyzing and recommending things that are similar to my personality among many alt coins MacD is also showing an upward trend It will rise after a successful test