After a 5 months of accumulation, REN/BTC is ready to the moon in this bullish run.
The targets (Red Lines) the resistance and support lines are on the chart.
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REN: 1.5 - 2.5 - 3.5 - 5.5 KSATS
Best price to cash out: 3.5 KSATS
Results according to MSAP v2.0 (MrSpasybo Analysis & Prediction).
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The price is about to break out the MA200,MA50 and downtrend resistance line also the divergence of MACD is about to complete and if the CCI moves above the 100 is another sign to enter long position.
Ren Protocol (RENBTC) peaked in late August 2020 after a massive bull run.
This bullish run printed a total of 1510% in profits.
Now, a strong correction took place for 3.5 months and is likely coming to an end.
We can see that RENBTC went below the 0.786 Fib. retracement level of this last bullish run.
Support was found at EMA100, blue line, where we can see...
Great opportunity to Buy REN
Currently we are sitting above the POC *Point of control and
have the 30/50/100/200 EMA underneath us .
Previously this resistance pulled us back beneath the EMAS in which case
we continued to consolidate and now have broken through the resistance .
We are ready for take off provided there is no eratic BTC movements and we...
I'm excited to post this one after staring at the chart for a few days. A break upwards could lead to price discovery, as there isn't a lot of resistance above the range we're in. It could also go down yeah, but I'm long because it's LOW MARKETCAP DEFI on COINBASE. Let's see what happens
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...