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RENUSDT Perpetual Contract

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RENUSDT.P trade ideas

REN/USDT bearish trend+bearish channelHey, guys ✌️ Let's take a look at REN coin here. As you can see we are in bearish channel where in addition we have a strong bearish trend which recently rejected the main resistance zone for this coin. We are waiting for it to reach to bottom lines of that channel for possible bullish movement If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
3
REN | REN daily analysis.REN once rose by more than 40% in the past 32 hours. On the 4h time frame, the pressure on the upper boundary of the Bollinger Bands is relatively high, which means that the price may retreat sharply at any time. Referring to the levels where the price has stayed this month, it is likely that the price will continue to rise to $0.085 before retracing to the current level. If you like and support our analysis, please give us a like and leave your comment. 😘 Good luck~☘
Short
by HotbitETF
REN: VOLUME CHANGE $0,10 This coin did show before a breakdown trend and depending on some order transactions but with market orders, it did 15% into an uptrend. The big question is are this coin going to trend further to the critical $0,10 or it's going to break down? Depending on the data it seems this coin has the right volume, it's only the question of which side this volume will be used as market trades playing also an important trend. There is no a confirmation for downtrend and before also not, there were only high signals that this coin was able to breakdown, but how the market seems now it can still move to $0,10 it will stay an interesting coin depending on the volume out of it will break out further or return to the price action. It's important to follow the last trends of markets as markets change with time. This is not trading advice, this is only a view of how the market can play coming times. # the volume of this coin is for the most part a market order volume ( directly entering), which means a trend volume. the reason for this is unexpected, with the time frame we could see if this volume can get confirmed to real breakout.
RLong
by Goldenbreakout
6