Hi, Keeping it short as I'm looking for an entry as this has shown some strength and the pullback is in progress. I have 2 levels of interest, here and the blue one. OBSERVATIONS: ====================================== > Bottom structure\reversal seems to be complete and is unlikely to test all the way down as per neckline, if so, too deep and hence not...
RENBTC has broken down the uptrend and faced with MA resistances. On lower frames, we can see positive divergence.. So a pullback is probably on the way. We will looking for a good entry point for short position.
Sure does! We might see a little drawback first thought, as divergence on the RSI indicator. And there are quite a few fractals at play here. Zooming out, we can see that we have successfully completed Wave 1 and 2. All that is on the chart is some part of Wave 3. Hold on to your.. well.. hats - this one should climb quite a bit being a DEFI token. Goals are in...
💎Technical Analysis Summary💎 BINANCE: RENBTC -REN is rejected at the 100D Dynamic resistance area -If this small rally is over, it is likely to retest key support at the 1500s sat -From there, we will have to wait for any Bullish signs or pattern -But my recommendation is to enter only once the trendline resistance is broken upward -This will give us an early...
BINANCE: RENBTC -After the broken trendline of support break down -The price fell down by -30% its value -The next major of support is located at 2100 sat range -This is a previous key resistance before the strong uptrend last August 10 -Let's wait if REN can hit this area of confluence and look for a buying opportunity **If you like my daily Published Ideas,...
I see a move like this for REN. ~$2.00 for next parabolic top before next macro distribution/accumulation phase.
Hi All, REN is another solid performer as one just has to look at its past price action. I am anticipating after a peak like this one, it will pull back to the 21/34 EMA and\or the top of its previous channel and continue. I did see this with both KAVA and LINK so the likely chance REN does the same. There isn't much words since this post is about stalking...
If you followed us in on the original chart. Congrats! Preferred entry was suggested at around the 0.145 We've seen some excellent returns since then at approx 250% to the good. Keep an eye on it now as we wait for indication that we are moving higher again. Although a move in now carries more risk there is still a lot of potential with this...
REN TARGET FOR NEXT MONTH ...EASILY TARGET !
This asset has been ranging nicely offering great long and shorts signals. I am accumulating this coin so I have been selling part of my REN position on the short signals rather than going outright short and increasing the amount of REN coins I hold by buying them back on the buy signals. I have been using the signals linked to automated bots to manage the position.
Introduction: 💬Ren (RENUSDT) is looking good overall with its current overall uptrend, now the question remains of if this can hold going forward or if this current market structure is producing a top formation? Only Time will tell but we can surely plan accordingly for both the nest case situation of continuation and worst, being a rollover and breakdown of...
REN/BTC -since the last Buy priority signal from Cross Ultimate indicator -the price went up over 200% til now -there are multiple entry points during its strong uptrend -showed in the chart for good pullback entries or breakout entry -REN also hits an ATH on exchange history -I do not recommend to buy at current levels -wait for a corrective pullback and...
As of May 27th, 2020, the Ren Team has successfully deployed the RenVM code to mainnet. This accomplishment is a massive leap forward for the DeFi space as we currently know it. Never before in the cryptocurrency ecosystem have we been able to utilize a custodian with such features as: trust-less, backed securely in value 1:1, linearly scale-able, decentralized –...