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.
RENUSD, Daily, The MACD & RSI are shifting positive with bullish, reversal divergence implied on this longer-term, time frame. The downsloping trendline is being broken with these recent candle closes, the first since the April 16 & 17 tweezer top, and this breakout occurs at the 96% retrace from local high. This has reversal written ALL OVER IT. Capital can be...
Good morning, Alkalites! As promised, today we will start our Altcoin portfolio!
⚠️ How are we going to do it?
This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of...
I've been in and out of this one quite a bit. I like that it deals with liquidity between BTC and ETH from what I understand. Crypto market is overall very fearful right now. Good time to play these major support lines to see if you can get a bounce. RSI looking good as well with that reversal on the MACD.
Good luck to you.