It is not worth buying an asset that has risen 50% in two days.
It is now trading under the important levels.
The yellow levels are weekly.
The green ones are daily levels.
To break through these levels you need a new bargaining power.
Personally, I'm waiting for a breakdown of support. I will be sharpening this move.
On the global support I will try to add...
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REN/USDT just broke out the channel and retested it.
Entry: CMP or upside the...
Good night guys
According to the chart you can see the price change the trend to the upward and break the key point level
At this time we need correction of the powerful candle then we are ready to buy in support buy zone area then we can go up toward the target
BECAREFUL GUYS :
We put Stop loss at the bottom of support zone area but the price and come a litthe...
BINANCE:RENUSDT
Hello everyone 😃
Ren had a breakout from it's bearish trendline.
Now It's breaking resistance zone around 1.15$..
Volatility is reaching buy limit zone.
So we expect a retest on current zone after taking hold above it !
Then it will be possible for REN to climb our targets 🙋🏼♂️
Attention: this isn't financial advice we are just trying to...
✅ 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
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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...
