A broadening wedge structure has formed on the Ren chart. The price is now in consolidation in the middle of this wedge. The best buying opportunity will be after a false break or a test of the lower boundary of this wedge as support. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button,...
T1 1.15 T2 1.32 T3 1.46 - CUP AND HANDLE TARGET Trading Involves High Risk ⚠️ Not Financial Advice 💸 Exercise Proper Risk Management 💱 If you need help, don't hesitate to send me a message. Please follow for more.
This will be a quick trade, REN has a big news coming and it is at the bottom of the channel. Buy at support sell at resistance and make quick 40%. Note stoploss should be right below the support.
REN is a very good coin which can make a good profit, but new he need to corection. here is a corection 3 level where REN have possibilite to start grow up, in my opinion we will see 1.06 and 1.00 for a buy. This is not financial advice !!! This is Just Chart analysis !!!
So we can see Ren is having large upwards trajectory, with a inverse head and shoulders on the daily, I expect it to bounce off the ascending support line (between the .768 and .618) and head to the 1.618 fib extension. With Ren’s Arbitrum bridge, value locked and volume all at all time highs, and progress on decentralizing the platform, Ren is primed for...
RENUSDT (4H Chart) Technical analysis REN/USDT (4H Chart) Currently trading at $0.948 Buy level :Above $0.939 Stop loss: Below $0.869 TP1: $1.06 TP2: $1.14 TP3: $1.21 TP4: $1.30 Max Leverage 2x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
RENUSD is showing negative MACD histogram on the 30 minute chart, as well as an OBV high for the month, indicating an undersold asset ready for positive price movement. RSI also indicates that it is undersold. A good time to buy!
I'm still aboard the MF REN spaceship, patience is key. Reachable target. The question is not how but when it will happen.
REN has been doing well and almost 70% higher since our last post. At this stage the price is approaching resistance at 1,05$ with 1.75$ being the next profit Target. Keep it up, the FXPROFESSOR
The price is currently testing the previous highs from June 2021. If bulls manage to defend this level, this could be a good buying opportunity. Entries: Aggressive- 0.65 Stupid and greedy - after 0.71 is reclaimed Safe- after upper trendline of the triangle or 0.86(TP1) is reclaimed Long term targets only: TP1: 0.8611 TP2: 1.1001 TP3: 1.3764 TP4:...
Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations. Let's take a step back and see how our levels works. Look at our previous ideas below for comparison. No love today, the FXPROFESSOR
Interesting chart setup here. Bounce from the long term support, Breakout of the downtrend resistance and right at 0.23 fibonacci resistance!! a break of the resistance and test of 0.5 fib resistance is on the cards. the next steps will be determined based test of 0.5 fib resistance. a breakout with good volume will set it up for a run higher. Entry - 21000 ren...
it can be in this shape of moving , at first sharp descending trend and then bull with ab=cd pattern
Hello traders! Renusd is in the correction form and it is now ready to break it downside. Stoploss is -4% of the investment and the target is 12% of the investment. Thanks for your appreciation, don't forget to hit the like button and follow to stay connected.
Short term REN trade setup. Great risk to reward on a high quality crypto project with actual use case.
REN Best entry with back to demand level ENTRY : 0.763 TP : 1.15 SL : 0.575 Risk : 25% Profit : 50%
My idea for the next important price level to reach.