My projection still stands @ $1.18-1.24 for this current run-up. Hopefully, BTC doesn't come in with a wrecking ball before we reach our target. Still learning Trade at your own risk DISCLAIMER I'm an idiot with a crayon drawing imaginary lines on an imaginary currency chart about an imaginary currency. Anything can happen.
$REN following $ALGOs last move is set to pump north of 1.20 in the coming day. This is my own opinion. Breaking the down trend and out of the triangle we're seeing a recovery to the upside. Trade at your own risk. I'm an idiot with a crayon drawing imaginary lines on imaginary currency. Anything can happen.
I'm expecting a pullback before we break out but who knows. I'm new to this stuff and open to ideas and comments. Note, I believe $REN is following $ALGO. Algo did a similar dump prior to running up to $1.40. My target right now is 1.18 for this break if it happens.
Just my opinion we could see a break from the trend line today or tomorrow. I have no projections on price target though, still learning how that all works.
Seems to have bottomed out as long as this hourly candle stays in its formation.