REN is poised for gains, having taken a lateral trajectory from the ascending channel. The yellow rays are my DCA points. I expect more upward action with the PA after a period of reconsolidation.
*Professional Wyckoffian VSA crypto swing trader. I regularly seek out the most lucrative swings on all major crypto exchanges.
All my charts are clean,...
So we can see Ren is having large upwards trajectory, with a inverse head and shoulders on the daily, I expect it to bounce off the ascending support line (between the .768 and .618) and head to the 1.618 fib extension.
With Ren’s Arbitrum bridge, value locked and volume all at all time highs, and progress on decentralizing the platform, Ren is primed for...
I'm feeling more confident that REN will test its ATH fairly soon. It's more bullish right now than the other cryptos. However, I will take profit as and where I can. I'm not aiming to cash out at any potential top. Obviously, REN's price movement is highly correlated to Bitcoin and certain macro factors...
The performance of $REN the previous Moon Trading was amazing!!! And look now the % that we are up and it is not even giving us the "sell signal". This looks really promising! Let's see what brings the New Moon of the 6th of October.
Are you into this trade with me? Already +60% in profits here!
I was pretty confident a few days ago of up a break upwards. It happened, more than I anticipated, reaching $1.175. Now, I am less sure of what happens next. There are contradictory trading signals and trends and the macro environment is leaning negative. This is a wait and see moment for me.
RENUSD is showing negative MACD histogram on the 30 minute chart, as well as an OBV high for the month, indicating an undersold asset ready for positive price movement. RSI also indicates that it is undersold. A good time to buy!
REN has netted me 25.69% gains in the past 48 hrs. This is from an 82.81 preliminary entrance I took back on 9/14. More to come IMO!
Prognosis: I expect REN to smash the 1.618% Fib once more after it completes its current reconsolidation phase.
*Professional Wyckoffian VSA crypto swing trader (since 2017). I regularly seek out the most lucrative swings on all...
REN so far has netted me a 31.14% return in 16 days. It's been a nice solid swing so far I think. That was from a .51562500 preliminary entry on August 13.
Prognosis: I'm thinking REN has more climbing to do. Look for a possible retest of the current TRR (.5148) before a break further north. Keep an eye on vertical supply and demand (and BTC!) and be prepared to...
REN pushes the limit. If makes its way past range resistance, it may very well run to the fib targets.
Preliminary Entrance: 0.5122
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I'm a full-time Wyckoffian VSA crypto swing trader (since 2017) and regularly seek out the most lucrative swings available on all the major exchanges.