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RENUSD trade ideas

$REN down to $.13-.17 then up to $2+?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 upper trend line (or $1), then we could see a retrace from that level. Let's see how it plays out from here.
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by benjihyam
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MY MINIMALIST CHART ANALYSIS FOR REN 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 CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC, and a few others. Basically, the outcome of BITCOIN, the ALTS tends to follow. So I am limiting my published ideas to a few, quality over quantity. ALERT: Looking now for an ENTRY to a short to midterm LONG SWING trade. Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy: 1. RSI almost oversold at 30ish. 2. STOCHASTICS on the LOW. 3. Volume still needs a spike of SUPPLY for BUYERS to TAKE, but I am afraid a lot of HODL at this point. 4. Looking at key support at 2767 zones. 5. We can then expect strong support at the 1899-2767, right at the bottom of the MAJOR BLUE BOX, MINOR YELLOW BOX, and the ENTRY AREA OF VALUE MARKER. Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for us all RETAILERS. Looking back months ago when the MINIMALIST BOX ANALYSIS was made. The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels. Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE. INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box) "FOLLOW THE WHITE RABBIT!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you. PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER. It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE. Q/A : What are the BOXES for? It is a ROAD MAP for TARGET ZONES IDENTIFICATION. The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY). DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology. Stay away from FOMO and FUD. NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time. My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast. It is all based if the right conditions are met. Generally, it will follow the MINIMALIST BOXES. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work. Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge of what I was taught. Vive Le Autist! Vive Le Diamond Hands!
GEMINI:RENUSDLong
by The_Crypto_Samurai
CORRECTIVE CHANNEL - RENUSD"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 and Pretcher Looks like a zigzag correction. It may be in a longer 3rd wave than that. But I think the range where the 5th wave will end will be around the bottom line of the channel and the purple box.
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by yilmaz10
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Crypto RENUSDT (Upside poentail?)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 read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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by SonicDeejay