RENUSDT.P trade ideas
#REN, Can #Ren confirm Triangle Breakout?A quick look at #Ren (#RENUSDT, #Binance, 4HR):
There are two way I can look at this chart: A) Ren broke out a descending triangle on March 26; B) Ren broke out yesterday from a triangle. Either ways, price has been ranging since March 26.
Let's wait to see if the price bounces back from the upper side of the triangle, or for a confirmation of the upper resistance at $1.11-$1.10 flipping into support. If confirmed, we could see #REN finally move higher. If not, price might go back down and find support at $1.
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment, or follow me! :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
REN triangle breakoutGuys, it's pumpseason and I would say that the Ren is going to have another pump soon ! ⛽
REN already broke up this triangle , so I think there is chance for run to 2.08 and even higher.⚡
ENTRY : local high @ 1.13087
SL : local low @ 0.98501
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 2.08
RRR : 6.5
INVALIDATION : when SL level hit
Like👍 & Enjoy🍿!
REN/USDT only 1 day from $1 to $0.015This bad situation minus $1, so many liquid today but this discount.....😂
Renusdt X1 X2 X5 Best entry on Renusdt
BUY: 0.80-1.11$
Mid
Target 1 : 1.7 $
Target 2 : 2.7 $
Target 3 : 4 $
Long
Targert : 7$
Target : 10 $
Target : 15 $
Target : 20 $
Good luck
ren usdtThe latest analysis of our group.
This is not a financial recommendation.
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REN Long entryREN
- Global trend up
- Nearly 2 months accumulation
- Key level 1.20134
- False breakout already happen
- Would be a good buy at the next breakout of key level after this pullback
it just depends on RENif we bypass 1.095 and close more , our work be so easy but if NOT we should see reaction to support zones .
now we wait and see what gonna happen 🌚⌚
REN bullish scenarioi have seen bullish penant from REN, wait for the retest and we are ready to the moon!
REN/USDT : breakout from bearish trendline BINANCE:RENUSDT
Hello everyone 😃
Ren had a breakout from it's bearish trendline.
Now It's breaking resistance zone around 1.15$..
Volatility is reaching buy limit zone.
So we expect a retest on current zone after taking hold above it !
Then it will be possible for REN to climb our targets 🙋🏼♂️
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Every Chart Has "exploded" or about toA lot of correlation between defi pairs here, some coins have broken out already like $crv ; hopefully REN breaks out on the 1d cloud ~ entered yesterday at 1.12 ~ I think I might play this into the fib/kijun resistance but who knows / good luck ~ when in doubt just buy doge.. 0.69c 4/20 target. lmao... it was that ez ~ instead of charting and reading defi gitbooks.. fml
wgmi
not financial advice, dyor
