Beautiful double bottom developing into a robust W pattern. REN looking to pop soon...give this time...it's all eyes on big daddy BTC which is still holding support and looking to bounce
with a target to the upside of 52k. This will bring ALT's with it. Good luck
Ren chart looking good, making a rhythmic pattern like a symphony
Targets:
T1: $1.64 (450% profit)
T2: $3.1 (1150% profit)
T3: $4.94 (2000% profit)
Stay safe, this is only for long-term holders. If you have weak-hands don't think these targets are quick!
Ren still looks like it has a little bit of correcting to do. I think we'll bounce shortly here, but then ultimately find our way down to $.13-.17 before finding a low.
From there, if the market turns bullish again, then I can see run running back up to the highs, and if it breaks them, can see the $2 range. Bearish scenario would be if it can't break out of the...
01.24.22
0826H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
This will be a good season for ENTRIES. The market has found strong support at a very bargain price for cryptos.
We will be focusing on BITCOIN and ETHEREUM as our TOP...
REN is looking very bullish on the weekly. MACD signal is looking like REN could have a very bullish run here soon. REN is also coming near the bottom of the current fib channel. Great time to buy.
"Zigzag corrections often form channels with four touch point. One line connects the starting point of wave A and then end of wave B; the other line touches the end of wave A and end of wave C. Once the former line is established, a parallel line drawn from the end of wave A is an excellent tool form recognizing the exact end of the entire correction."
- Frost...
Just look at my prior posts! Let’s go 2.40! I lock d and loaded at 0.61. Holding for a while. This coin, history, technology and chart is a no brainer.
View On RENUSDT (25 Nov 2021)
We are seeing some swing up activity in REN recently.
It has further explosive potential but we need to watch out $1 region, as the level can act as a strong resistant.
But once that $1 level is cleared strongly, we can see further upside.
$0.55~$0.6 is a good support.
Let's see how high it can go.
DYODD, all the best and...
