#REN
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.03350
Entry price...
Needs daily close above 62.5K then first fib extension target is 82K area. BTC has completed bear correction on daily renko thus BTC will likely not go under 55K until it makes a new ATH. BTC though likely stays in this regression channel for a few years to complete this wave 3 up. I believe that this next leg goes at least to 82k next fib extension to complete...
This is the first week in july likely ranges until end of month and close July just under 54k to complete wave 4 on weekly and monthly renko time frames. Then starts wave 5 up to at least 88k the .618 fib extension but can easily go to over 130k maybe even the 1.618 fib at 143k.
Renko buy signal on weekly, validates Heikin Ashi bull trend continuation. After monster shakeout of weak hands on Monday, gas broke out to a new trend high today. Very strong bullish indications.
You're welcome.
Renko buy signal on weekly, validates Heikin Ashi bull trend continuation. After monster shakeout of weak hands on Monday, gas broke out to a new trend high today. Very strong bullish indications.
You're welcome.
#REN
It is moving in a bearish channel on a 3-day frame, and the price committed to the support area in green at the level of 0.05000.
Now we have an upward breakout of the triangle
We have a higher stability moving average of 100
We have bullish momentum on the RSI and an uptrend
Entry price is 0.0762
The first target is 0.0833
The second target is 0.0976
The...
#REN
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area from which the price rebounded at .0800
We have an RSI trend coming up. The fraction is up
We have a higher stability than Movink Afrig 100
Entry price:0.08900
The first goal. 0.09370
The second goal is 0.1040
Third goal 0.1134
Bitcoin Renko-chart zones🟦🟥⬜️🟧
Love to use Renko-Charts to see more clear and filter out the noise🔇
After BTC broke the next zone⬜️the next resistance can be found at🟧between 50-51k dear #rypto Nation😉
Comments💭, Likes♥️ & Follow🔗 appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes...
No Storm could stop the weekend to come.
EUR is gaining against the USD but it is still a lot could happen.
As I keep holding my swing position for this pair, hoping the momentum will continue next week!
Have a nice weekend everyone!
ETH🚨👀
When will we see the cornerstone to enter the party zone dear Ethereum fans and Crypto Nation?
Give me your thoughts in the comments💭
Likes♥️ and Follow🔗appreciated
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
This is the first "buy signal" the Renko system gives for Bitcoin on the weekly timeframe since the major bear-market.
For confirmation, the week needs to close above $24,000 which is almost a done deal.
This would confirm a change of trend, Renko-wise.
We also have a harmonics pattern and many more signals can be extracted from this chart.
We have a...
Experimental review.
Hi.
There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture.
I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here).
And VFI LF is also unnecessary.
So what do we observe, besides a...
ok Now iifl can go up side on the base of 1 day rs model and renko chart study based if stostecic give a break out then we can entry in this with the sl of 1 : 2 and our sl is the basis on the candle stick chart pattern
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