this bullish channel can push the price very well. put your SL by crossing channel down. your TP is top of channel.
Hi guys, Ren short term trade setup, braking out of downward channel. A shot to 1.18 from here really soon. Not financial advice. DYOR Cheers!
REN has always been on of my favorite coins. Looking at this, i'm feeling a possible breakthrough. REN rising to the top. I say REN goes to $2.00 possible $2.15 Lmk what you think!
I see inverse head and shoulder formation. #ren did not pump nowadays. Now it is the time !!!
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...
keeping an eye on ren to see where we break
Currently trading at more than 40% less than all time high. Expect a run on REN. Reverse Head and shoulder and trendline breakout will send it higher back towards the $1.44 levels and above.
REN is very good project which didn`t pump hard yet. So If you are searching coin which didn`t made 200% in last month it can be good investment for you. But of course we recommand diversification on all coins from our golden list - this is key to success. If you want to know our golden list of altcoins for this bullrun and play with us on short term signals feel...
✅ Buy: 0.95 - 1.08 ✅ 🎯TARGETS: 1- 1.35 (37.42%) 2- 1.76 (75.50%) 3- 2.06 (108.2%) 💵 Trade Size: 5-7% of Portfolio 🚫Invalidation(SL): daily close below 0.79 Please click Like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
My projection still stands @ $1.18-1.24 for this current run-up. Hopefully, BTC doesn't come in with a wrecking ball before we reach our target. Still learning Trade at your own risk DISCLAIMER I'm an idiot with a crayon drawing imaginary lines on an imaginary currency chart about an imaginary currency. Anything can happen.
Awaiting breakout of the upper trendline may enter upon breakout and retest of the support. Will keep updated here. Targets looking at 34%-74%. DAILY CHART:
$REN following $ALGOs last move is set to pump north of 1.20 in the coming day. This is my own opinion. Breaking the down trend and out of the triangle we're seeing a recovery to the upside. Trade at your own risk. I'm an idiot with a crayon drawing imaginary lines on imaginary currency. Anything can happen.
Ren is about to fly. Not financial advice, DYODD and use stop loss. Trade safe!