REN Long 📩 Pair: RENUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: 0.0470
📊 Entry 2 (DCA): 0.0400
✅ Target 1: 0.0600
✅ Target 2: 0.0750
✅ Target 3: 0.0900
⛔️ Stop Loss: 0.0350
#REN is currently compressed between the trend lines of a descending wedge, and we expect a bullish breakout soon. If #RENUSDT faces resistance at the upper trend line of the wedge, we might see a retest of the bullish zone around $0.0400, which is a strong support level, rich in liquidity and a key area for potential buy orders.
Entry Strategy:
First entry at $0.0470
If the price drops, we will make an additional entry (DCA) at $0.0400 to lower the average cost of the investment.
However, if REN does not recover from $0.0400, the focus will shift to the next crucial support in the lower demand zone at $0.0350. The probability of a strong rebound here is quite high, making this level critical to watch. On the other hand, if REN continues to decline, the bears might take control, leading to a bearish continuation and marking a significant shift in market sentiment.
"Manage your risk – never trade with more than 1% of your capital on a single transaction."
RENUSDT.P trade ideas
REN: Exploring Trends and Key Levels in the Crypto Market✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the REN coin in the crypto market.
🗂 About the Project: REN is a protocol that enables the transfer of cryptocurrencies between different blockchains in a decentralized manner. It aims to bring interoperability to DeFi by providing access to liquidity from various blockchains for DeFi applications.
⌛️ Daily Timeframe
🔍In this timeframe, the price has been ranging for a long period around the $0.04996 support.
📊Support and Resistance Levels:
Resistance: $0.05060, $0.05696
Support: $0.04442, $0.03936
💥The RSI is around 54.25, indicating neither overbought nor oversold conditions.
🧩Currently, there is significant bearish momentum in this timeframe, and the volume aligns perfectly with the downward trend.
Recommendation: Given the strong support at $0.04442, we can expect another bearish wave if candles stabilize below this area.
⌛️ 4-Hour Timeframe
📈In this timeframe, the price has pulled back to the SMA99 and simultaneously reached the critical $0.04960 resistance, which was the main market low in the previous cycle.
The volume is gradually decreasing, indicating that the long-term downward trend impacts the 4-hour timeframe.
🔑Key Levels: For a long position, the key levels are $0.04960, $0.05060, and $0.05696. For a short position, $0.04442 and $0.04500 are critical areas where the price may react in the future.
🎲RSI Oscillator: The RSI is ranging between 39.81 and 54.34, and breaking either of these levels can provide confirmation for opening positions. However, be sure to use these levels only for confirmation and rely on candles to find the trigger.
♟Recommendation: This upward movement offers a better entry point for a short position. Given the bearish market in the 4-hour and daily timeframes and the potential trend change in the weekly timeframe, consider opening a short position as the trend aligns with the momentum.
⚠️Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
#REN/USDT breaks the Diagonal Trendline in 4-Hour TF!#REN/USDT breaks the Diagonal Trendline in 4-Hour TF!
BME:REN is holding PML $0.0499 as a strong support level. The resistance level is PMH $0.1122. Looking good for long with tight stoploss.
#REN\\USDT#REN
The price is moving in the direction of forming a head and shoulders pattern on a 1-hour frame. The price is moving within it and is largely committed to it. We have a tendency to stabilize above Moving Average 100.
We have a downtrend on the RSI indicator that supports the rise and has been broken to the upside
Entry price is 0.05900
The first target is 0.06960
The second goal is 0.07947
the third goal is 0.09268
REN, to fly soonThe continuous price-fall is over and the price of #REN digital currency has bottomed out. A few months after Bitcoin halving, it is expected to reach the price indicated in the chart.
#REN/USDT#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 third goal is 0.1161
Hourly Support? Testing Testing one 2Checking in now on some hourly support levels, with the first one showing a wee bit and the second down looking like its going to show more. Weak bounces so far, but keeping an eye on a pop off. Easy short below this final marked support as well
RENusdt risk and rewardsthis is risky token low money set on this. but for spot is good and you can take great profit
you can see break bearish trend line and now rdy for pump only need market and BTC save position
market big correction all dump.
you can see big move soon.
GL
EntryPoint:
0.096577
0.092600
0.086700
Supports:
0.080647
0.073259
0.066598
Resistances:
0.106870
0.110198
0.117165
Targets:
0.137592
0.154638
0.182223
0.249332
0.311640
0.412726
MidTime:
0.563537
0.704366
0.933116
HODL:
1.274176
1.543431 this so faraway
better for mid time hodl
GL
REN ANALYSIS (2H)REN seems to be forming a diametric on small time frames.
It is now in the middle of the bullish wave E of this diametric.
By maintaining the specified demand, it can move towards the target.
The first target is the red box.
Closing a 4-hour candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#REN/USDT#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
REN - falling wedgeOn the above 6-day chart price action has corrected 96% since October 2021. A number of reasons now exist to be bullish, including:
1) Price action and RSI resistance breakouts.
2) Trend reversal.
3) The trend reversal prints on legacy support and resistance. Support is confirmed.
4) The falling wedge breakout forecasts a 1800% move to $1.
Is it possible price action corrects further? Sure.
It is probable? No.
Ww
Type: Trade
Risk: <=6%
Timeframe for long: This month
Return: 1800%
end of down trend for RENRen (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.
The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.
Downtrend broken, Break out looks good to me.
Volume is picking up.
2x seems easy from here. if it ever hits ATH, that'd be 10x.
#Ren/Usdt#Ren
We see a bearish flag on the 3D frame with a strong support area from which the price bounced more than once before.
With a trend that is about to be broken by the price higher
With oversold saturation, we expect a rebound upwards from the support area marked in green, upwards from 0.0368 to 0.0427.
We can take goals in several stages.
First stage 0.0700
Second stage 0.00860
Third stage 0.1200
REN/USDT Break Alert! Indicating Continue the Bullish Movement.💎 REN has indeed left its mark in the cryptocurrency market. Currently, REN has successfully broken through the supply area and is currently undergoing a retesting phase at the demand area, which was previously the supply area.
💎 This sets the stage for a potential continuation of the upward movement, probability of reaching our target area.
💎 However, if REN retraces back to the demand area for a retesting phase, it needs to bounce decisively from this level to sustain the upward movement. Failure to hold the demand area could lead to a breakdown below it, potentially pushing the price toward the next demand area around $0.0697.
💎 At the demand area, it is crucial for REN to bounce convincingly, reclaiming the area above the previous resistance for continued upward momentum. Failure to do so may result in a continuation of the downward movement, eventually testing the strong support area.
RENUSDThello dear traders and investors
ren with usdt pair breakout downtrnd channel and ready for rally
Ren Price Live Data
The live Ren price today is $0.083723 USD with a 24-hour trading volume of $34,118,889 USD. We update our REN to USD price in real-time. Ren is up 0.85% in the last 24 hours. The current CoinMarketCap ranking is #470, with a live market cap of $83,649,735 USD. It has a circulating supply of 999,127,500 REN coins and a max. supply of 1,000,000,000 REN coins.
If you would like to know where to buy Ren at the current rate, the top cryptocurrency exchanges for trading in Ren stock are currently Binance, OKX, Bybit, DigiFinex, and UEEx. You can find others listed on our crypto exchanges page.
What Is Ren (REN)?
Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.
To learn more about this project, check out our deep dive of Ren.
Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.
The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.
Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.
🐳REN will Go Up Again🐳Hi.
BINANCE:RENUSDT
✅Today, I want to analyze REN for you in a Weekly time frame so that we can have a MID-term view of REN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
REN has broken out of a falling wedge pattern on the 1-week timeframe
Price appears poised for significant upside price movement based on this chart pattern.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
REN ANALYSIS💥💥#REN Analysis 🚀🚀
🔮As we can see that #REN was trading in a Falling Wedge and there is breakout of pattern. We are expecting a good bullish move in #REN. 💸💸
👀Current Price: $0.0744
🚀 Target Price: $0.1450
⚡️What to do ?
👀Keep an eye on #REN price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#REN #Cryptocurrency #Breakout
#TechnicalAnalysis #DYOR
$RENWe have finished ABC now in the beginning of wave 2 to 3 biggest wave of elliot wave theory.
Self Explanatary if you understand Elliot wave theory.
REN has formed a 3 white soldiers patternREN has formed a 3 white soldiers pattern which refers to 3 large green candles which is an indication the market will go up
🔵Entry Zone 0.068600 - 0.071728
🔴SL 0.062321
🟢TP1 0.0777269
🟢TP2 0.0859800
🟢TP3 0.108784
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
REN/USDT-1D-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
Ren/USDT Looks Promising for the Mid-TermI have a positive outlook on the price of Ren/USDT in the coming days. If you are someone who enjoys trading the spot market and possess the patience to hold onto positions, now would be a good time to consider holding Ren/USDT.
Please note that this statement is not intended as financial advice. It is crucial to conduct your own research (DYOR) before making any investment decisions.
ren longhello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
#RENIn the H4 time and daily, it is moving in an ascending channel, which in the lower time of one hour has left the channel, which according to the momentum of the movement can move to the area of the trading node, and in case of breaking the range, the ability to reach the 4-hour supply area will also have
