Ren to 2.5$
I think there is clasic triangle pattern, and if the blue resistance line can hold theres a last chance to break it
What do yo think of it?
RENUSDT.P trade ideas
REN long swing/breakout playit tested its weekly pivot exactly. and is holding on it. low time frames also have it in a trend tight triangle. but even if it breaks that to the downside the projected range reversal support floor is supposed to be L3 so it wouldnt be bad. Target H3. then H4-5 Stoploss L4
ren is just brkeout i am not financial adviser.
trade in your won risk. i am just sharing my idea here.
wish you good luck.
Wren I get that feeling. Come ballroom 💃 with me RenNot financial advice
"A day will bring it doubts that's the times you have to zoom out and look at all the blesssings and not about gaining clout"
Legalizedhustler
Levels highlighted if breaks out look for 20% increase .
Still not out of the woods yet.
Observe the circled areas so i expect some retest of around 1.05 area.
It can only stay down so long.
Resistance 1.23
But enough buying pressure to push it thru.
It just forming new ground as it steadily increases gains.
Trend line shows where it falls in and out of the line.
It hasn't steered me wrong yet
Support the legalizedhustler
#hustlabynature
Eventually cccllc
RENUSDT is ready for a new Breakout? 🦐After our previous Idea with AMAZING gain
The price had a new breakout from a pennant. Now it is testing 0.5 Fibonacci level and we are waiting for the new bullish impulse. According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
REN/USDT H&S pattern and rising wedgeThe Head and shoulders and rising wegde pattern build a short sign for REN/USDT. This could lead to a pricetarget of ~0.82 USDT in the next days on the bottom of the uptrending channel.
Ren/usdtthe Best area to buy is the blue area on the orange line, but also there is a black line which can support the price.
ren longtargets:
I have 3k of ren so a small % of portfolio so i can take the risk:
if you cant take the risk just sell profit target 1 and get back in one of the majors coins
REN - Right to plan. Put the money in your hand! 🚀Gotta love when a plan comes together. Everything looks on track, short term targets hit and long terms are still in play!
Check it out below:
Doesn't look like we'll be slowing down any time soon :D
