LONG REN with profit targets and stopsLONG REN - Bouncing of POC / OS in an uptrend
STOP: 0.295
TARGET 1: 0.35
TARGET 2: 0.40
RENUSDT.P trade ideas
REN / USDT 4 hr timeframeREN / USDT has respected the lower trend line of this long term bull pennant , having tested it twice and found support. Another retest or continued rising price action may indicate that it has bottomed out. The same trend line applies to a smaller pennant on the 4 hour time frame, and price action is reaching the tight end on both pennants . One to watch, and an opportunity for an agressive entry if this trend line support continues. The Stochastic has just ticked up on the 1hr and is about to on the 4 hr . The RSI on the 4 hour has ticked up, and there is plenty of room upwards on both 4 hr and 1 hour.
REN / USDT 4hour and daily timeframesREN / USDT has respected the lower trend line of this long term bull pennant, having tested it and found support. Another retest or continued rising price action may indicate that it has bottomed out. The same trend line applies to a smaller pennant on the 4 hour time frame, and price action is reaching the tight end on both pennants. One to watch, and an opportunity for an agressive entry if this trend line support continues. The Stochastic has just ticked up on the 1hr and is about to on the 4 hr. The RSI on the 4 hour has ticked up, and there is plenty of room upwards on both 4 hr and 1 hour.
RENUSDT - Ascending triangle RENUSDT is printing an ascending triangle pattern on a 4H timeframe.
Breakout is imminent.
Ren back to ATHRen is looking good and consolidating in bullish pattern, the break out of this will take it back to its ATH. There is a good support 100 EMA and 200 EMA below the price move
RENUSDT Hammer SignalHello, dear subscribers!
Our Automatic Hammer Strategy revealed the price movement trend reverse to uptrend.
The technical analysis demonstrates the uptrend, but restricted by the resistance channel. Let's look at the last week price levels. We can see that it found the support on 23% Fibonacci level and resistance on the 38% level. The price recently bounced off the 23% Fibonacci level and the support trend line. This is a strong background for the reverse. The ADL Indicator shows the price uptrend continuation, the Stoch RSI demonstrates that the RENUSDT is oversold and the bullish activity will increase soon.
We expect the 4.0% price growth from 0.31915 to 0.33191. The alert was automatically executed by SkyRock Signals trading bot.
✳️Republic Protocol/USDT (30/11) #REN $RENREN is in indecision zone and we will wait a few more days before deciding which direction to trade.
If the REN conquers the 0.31-0.33$ zone, REN will rise to the 0.4-0.45$ zone and will trigger the FOMO to rise to the 0.65$ zone in December.
But if REN continues to be rejected in this zone, the REN will plummet to the 0.2$ zone
📈BUY- LONG
-Buy: 0.31-0.33$ if A.SL if B
📉SELL-SHORT
-Sell: 0.38-0.4$.SL if A
-Sell: 0.43-0.45$.SL if A
-Sell: 0.65-0.67$.SL if A
♻️BACK-UP
-Sell: 0.31-0.33$ if B.SL if A
-Buy: 0.2-0.22$.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
REN Easy TradeRen looks strong but don't forget BTC can influence the trend. so be fast if BTC dip to stop and take profits if BTC pump!
-We have big support on the trend line at 0.30$
-We are in a good demand Zone
So if u want to play it safe here we go :
Buy zone : Wait for 0.33$+ ! to be sure Ren breaks up 3EMAs!
TP1 : before 0.39$ ( Before 61.8% for safety )
TP2 : before 0.50$ ( Only if it breaks 0.40$ Strongly!) (78.6% Fibo)
Stop Loss : 0.28$
Happy Tr4Ding !
RENUSDT 4hr ://looking really strong, buy the dipsfrom a chart stand point this and a few more are looking very strong on multi time frames.
pick your spots and dont get spread to thin
_HGM
RENUSDT (Reversing From Support)#RENUSDT (4H CHART) Technical Analysis Update
Reversing From Support ine
REN/USDT currently trading at $0.3190
LONG ENTRY LEVEL: Above 0.3320 (only enter long after 4h candle close above resitance level at 0.3320
STOP LOSS ( support): Below $0.2840
Resistance level1(target):$0.3970
Resistance level2(target):$0.47600
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Long REN/USD#REN
Possible REN opportunity. Buying REN/USD at these levels:
Price 1: 0,294$
Price 2: 0,282$
#PerformingCrypto
Free money / alpha REN free money. Ascending triangle retest. Karl it in the books. Next is take off
REN/USDT
Break through the yellow line
Login.....
Crossing the yellow line becomes the stop loss for the deal for those who want to continue with it
Good luck ,,,
If BTC stay side ways for some times REN more likely to breakRen trying to push put from triangle possible to break out if BTC sore but if BTC bull will push REN side ways.
RENUSDT waiting for a breakout 🦐RENUSDT waiting for a breakout. The price is trying to have a breakout from weekly resistance.
IF the price will have a breakout from weekly resistance and flip into resistance, 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.
