Hi dear friends, hope you are well and welcome to the new trade setup of REN token with US Dollar pair.
Previously I shared a long-term trade setup for REN, which is still in play:
Now a daily time frame, REN has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
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.
*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.
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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 –...
