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RENUSDT Perpetual Contract

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RENUSDT.P trade ideas

MEGAPHONE PatternFolks, What about REN... To my surprise not only the technical looks great but also the fundamentals in the essence of the TOTAL supply of tokens. Check it on coin market cap and you'll see the total supply is fully diluted. The Megaphone pattern normally forms after major market moves and is a projection of a market that is out of control and unusually emotional. But in context with the fundamentals, where the project stands for, the amount of tokens that are circulating I think this can become quite great the next months.. Back to the chart.. What is the probability of prices going to dip?? It happened 3 (3 out of 3) times earlier when prices hit the upper band of the (trend line) megaphone line... When price dips back between 20/30% be ready to jump in and buy the dip to make a beautiful swing trade... Notice me talk in probabilities because what happened in the past isn't a guarantee for the future.. It is only for forecasting value and we can be wrong. But this is what people mean when talking about an edge.. An edge is nothing more than an indication of a higher probability of one thing happening over another.. Keep an eye on it.. And plan your trade and when your plan is hit trade the plan.. Hit the like button for more to come if you find it useful.
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by MoneyMakingMuro
3
REN on the dailyRen is an interoperability platform aiming to connect popular blockchains, according to them you can transfer your tokens between different blockchains without worrying about compatibility. ✅ A big Cup & Handle has been formed in the last few months ✅ A breakout of this pattern has happened few days ago ✅ We need a daily candle close above the 1.11$ to confirm the breakout ✅ Suggested levels that are shown in the chart measured and based on the levels that the breakouts can give ✅ MACD crossed and showing a nice momentum ✅ RSI also suggests that we are going up ⛔️ If the breakout failed we will go back to the 0.61-0.92 channel where the 200EMA can hold as a Strong support ⛔️ A daily close above 0.61$ will suggest that we are going down again ⚠️ September is a tricky month for Crypto,be extra careful. ⚠️ The leader in this market is Bitcoin , keep an eye on it .
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by njamal
4
REN breakthrough may have a big marketThe following content is translated into a machine: The currency circle is bullish overall. The ren pattern is the most bullish trend. The upper resistance is 1.2. The Macd indicator refuses to die and strengthens. The previous heavy volume was increased from time to time, and it is expected to promote the follow-up market by heavy volume and bottom hunting when the callback rebounds. Running in the upper orbit of the Bollinger Band, reverting to the middle orbit is the best opportunity to intervene. The 1.2 large space on the station may open and there will be a big market.
RLong
by LochubT
RENUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a 4-hour time frame. As you see, the price is fluctuating within an uptrend channel. We expect the price to reach the bottom of the channel and then start moving towards our target. But if it goes below the channel line and stabilizes, we predict a drop to the next support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
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by MarsSignals
2
💥REN:- Shaping {Head and Shoulder} >> ready to raise 🚀 💥Hi my Friends, 🟩 AS clearly mentioned on the chart 🟡 REN has a {Head and Shoulder Pattern} 💥Condition:- close above the Neck line 💥Entry:- After Breakup the Neck line and Close 4H above 1.169$ 💥Target1 :-1.41 $ 💥Target2 :-1.83 $ ♦️Always buy the DIP and sell the PUMP NOTE:- 🔴🔴🔴 When you saw a Dip don't be Panic, It's a wheal game you should be wise and patient, Don't lose your money for a feelings game. 🟩---September month is a crypto SALE month arrange your USDT and be ready for SALE 🟩Trade Safely 🟩---------Not a financial advise 💥 💥💥If you like my idea, give like and follow to receive all updates💥💥💥 --------------------------------------------Thanks---------------------------------
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by Ismailrshed
RENUSDT - BULLISH SETUPPrice is in a strong uptrend and recently provided us with a healthy pullback to the 0.50 fibonacci which the price bounced off as buyers stepped back into the market, i am expecting to see the continuation to the upside to follow and a new higher high to form from a daily perspective. From an entry perspective what i am waiting to see is if the 4hr candle CLOSES above the 10ema in confluence with this small level of 4hr structure, on the retest this is where we will be looking to execute our order
RLong
by ITSCRYPTO1
RENUSDTPERPVolume points to the amount of a financial instrument that was traded over a specified period of time. It can refer to shares, contracts or lots. The data is tracked and provided by market exchanges. It is one of the oldest and most popular indicators and is usually plotted in colored columns, green for up volume and red for down volume, with a moving average. It is one of the few indicators that is not based on price. High volume points to a high interest in an instrument at its current price and vice versa.
RShort
by ahmedelmaimouni
1