We can see here that REN just bounced off the 0,0 FIB and is headed towards the top. Oscillators look good, RSI looks good, etc. Ultimate Goal .48 cents
This is my Christmas gift for the crypto traders
RENUSDT (1 DAY CHART) Technical Analysis Update Waiting for the support line Breakout in a day chart REN/USDT currently trading at $0.29600 SHORT Entry level: Enter short if the 1-day candle closed below the support line. STOP LOSS: 0.3500 Support level 1 (Target 1) : $0.23500 Support level 2 (Target 2) : $0.16500 Max Leverage: 2X ALWAYS KEEP STOP...
RENUSDT is printing an ascending triangle pattern on a 4H timeframe. Breakout is imminent.
REN is in indecision zone and we will wait a few more days before deciding which direction to trade. If the REN conquers the 0.31-0.33$ zone, REN will rise to the 0.4-0.45$ zone and will trigger the FOMO to rise to the 0.65$ zone in December. But if REN continues to be rejected in this zone, the REN will plummet to the 0.2$ zone 📈BUY- LONG -Buy: 0.31-0.33$ if...
Ren looks strong but don't forget BTC can influence the trend. so be fast if BTC dip to stop and take profits if BTC pump! -We have big support on the trend line at 0.30$ -We are in a good demand Zone So if u want to play it safe here we go : Buy zone : Wait for 0.33$+ ! to be sure Ren breaks up 3EMAs! TP1 : before 0.39$ ( Before 61.8% for safety ) TP2 :...
#RENUSDT (4H CHART) Technical Analysis Update Reversing From Support ine REN/USDT currently trading at $0.3190 LONG ENTRY LEVEL: Above 0.3320 (only enter long after 4h candle close above resitance level at 0.3320 STOP LOSS ( support): Below $0.2840 Resistance level1(target):$0.3970 Resistance level2(target):$0.47600 Max Leverage: 3X ALWAYS KEEP STOP...
I dont typically like charting coins new to the coinbase exchange because of the "Coinbase Affect" but here is REN looking like it wants to touchdown on what I can consider an important support line, just food for thought.
At this moment, according to lower resolutions, I think it more likely to goes up but since that Risk/Reward is not good for me.. I haven't open long.
$REN Levels to watch as current descending channel keeps pushing down..
Good long entry. Target -> $.37
Lower volume. BTC is not boosting it at all. Slow bleed and low volatility. Not enough buyers. Kinda feels like the whale has left the building and is waiting for a lower price to buy in.
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you...