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
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!
✅ 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.
Fundamentals:
Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.
Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.
The protocol’s native token, REN, functions as a bond for those...
Introducing RenVM, an open protocol providing access to inter-blockchain liquidity for all decentralized applications. 'Bring BTC, BCH, ZEC and more to your Ethereum app' as they state.
Interoperability, in a growing blockchain landscape might end up being the key.
I see value in the project and technically I am good to buy in it now.
ref:
renproject.io
REN has corrected almost 50%. This seems like an overcorrection and I believe we will see strong movements upward now to compensate.
It's recently broke above a trend line and seems to be in the process of moving upward, If the move fails we could see drops down to a higher demand zone - as low as 60 cents.
I have opened a trade on REN just as it broke out and...
RENUSDT ready to growth, we have bullish breakout at RENBTC chart, and massive volume at usdt chart last two weeks.
TP1 - 0.7$
TP2 - 0.85$
TP3 - 1.27$
TP4 - 2$
Good luck!
#RENUSDT(Day chart) Technical Analysis Update
Waiting for the resistance zone breakout
REN/USDT currently trading at $0.385
Long Entry-level: Above 0.440 (only enter long after resistance zone breakout)
STOP LOSS: I will update once I see the breakout
Target 1:$0.560
Target 2: $0.700
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account...
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) : $0.16500
Max Leverage: 2X
ALWAYS KEEP STOP...
Ren looks strong but don't forget BTC can influence the trend. so be fast if BTC dip to stop and take profits if BTC pump!
-We have big support on the trend line at 0.30$
-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...
*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...
*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...
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.
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
