Get started

RENBTC

#REN : Upto 75% Profits Opportunity In The Mid Term.#Accumulation_Recommendation Pair : #REN / #BTC Technical Analysis Pattern Creation : On the daily time frame of REN and BTC pair on Binance we have seen that a creation of a bullish engulfing candle stick with a good shape of a falling wedge. It is still trying to break out from the falling wedge and can't be considered as a confirmed call unless we see a close above the resistance line of the triangle. Indications : Volume showed a very good amount of increase on the yesterday candle but is currently showing a slow and decreasing volume level on today's scenario. This might be taken as an indication for a false pump if the trading volume continues to decline further by the following days. - RSI looking good and on favor of the bulls but we still need a cross over by the MACD lines and seems to be on the way though. EMA is still above the current price at around 877 sats and need to go further downward below the price for a confirmed call. Note : For a confirmed and confident trading move we need to break the price level represented by the red circle on the chart. And Volume needs to continue to be flood in for a more bullish trend too. Even though its looks a risky trade at the moment, using a strict stop loss and risk management we can have a good profit for the mid term. Accumulation Price Area : 790 sats - 820 sats Distribution Targets Target 1 : 872 sats Target 2 : 920 sats Target 3 : 973 sats Target 4 : 1055 sats Mid Term Targets Target 5 : 1137 sats Target 6 : 1202 sats Target 7 : 1254 sats Target 8 : 1402 sats+ Stop Loss : 681 sats Capital Accumulation : 3% Risk : High @Togetherweaccumulate
Long
by cryptotalk_et
7
REN/BTC (4H) The Price Broke down Current Dynamic Support. The price broke down current dynamic support. Right now next zone, where it's gonna be interesting to buy it is around 0.2 fibo level and main uptrend. Zones of interest and targets are on the chart. Good luck everyone! DISCLAIMER: This is just my opinion and view of the market. Please keep this in mind and consider in your trades. Hit "Like" if you like my analysis. That would help me to understand if you really liked it :-) ! Trading ideas are not trading recommendations - this is just my point of view. You can agree or disagree with it. Your likes and comments really help me. So I thank everyone in advance who really does it! Subscribe if you would like to get my fresh updates on the market and my TA on a regular basis. Good luck everyone!
Long
by SonicTrade
130% Price Spike IncomingThis REN setup looks incredible right now. This support line has been tested 3 times in since late May. Each time price has touched the line or come very close, price has spiked 95%/143%/131%. A lot more people know about $REN now and are aware of its pumping ability. 130% price target from here is more than reasonable. If history repeats itself. 812 sats is a big resistance. If we can break that, we should be good for a reversal. We have 18 days until Binancne bans US users from trading. This could be the catalyst the $REN needs to get one last pump in before US customers are shut out. *This is not financial advice. I am not responsible for any losses of money.*
Long
by ParCrypto
2
RENBTC formed a bullish gartley another profit chance upto 65%By the grace of Allah the most high my previous chart of RENBTC: Gave more than 171% profit. Now again the priceline of REN / Bitcoin cryptocurrency has formed a bullish gartley pattern. We have a 50MA support within the potential reversal zone and the price action is getting bounced from the support. Soon it will hit the sell targets insha Allah. MACD is strong bearish for secure trade we can wait for MACD atleast upto 1 day chart to turn weak bearish. I have used Fibonacci sequence for targets: Buy between: 0.00000914 to 0.00000776 Sell between: 0.00001022 to 0.00001282 Regards, Atif Akbar (moon333)
RLong
by moon333
4
RENBTC looks healthy for a Jump over 1300 Sats in Near termBINANCE:RENBTC has been doing really good even during down days of all most entire ALT market. The chart is so simple to understand and its aimed for short term trades only. we are expecting a heavy breakout after touching 990 we should eye at a value between 1264-1300 plz comment to help me improve . chart is only for educational purposes. always look for upcoming events of a project you are investing in. Do have a look on news before making an entry and never forget using stop-loss..
by CognitoBTC
4
REN & Stimpy (RENBTC)Watching RENBTC here for a possible long as it approaches daily support at 929. Looking for entry in 929~940 area, or entry on the break of the downtrend. Would like to see it hold this area as support for a few candles as accumulation before entering. A daily close below 929 and I'd expect further downside. Entry: 929~940 area OR break of downtrend Stops: Below 929 (3~5% depending on your risk tolerance) Targets: 1043 1108 1266 BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX RVN Tips (just started mining this baby for fun :) : RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ Happy trading!
by TraderoftheCorn
1