RENBTC
$REN, Spike in volume today leading to cross over resistance..$REN
Spike in volume today leading to cross over resistance level at ~650sats
Crossing over EMA50/200 with the same impulse on the daily..
Looking for a flip on this level & volume continuation in order to open a position with target at ~770 sats..
Wait for it
#REN
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REN Swing LongThis is a play that has been building for months now. With clear bullish divergence confirmed in the past two weeks, and REN being in a key area of interest, this is a trade worth examining.
In my view, as long as we can hold above 420 sats, this play is bullish. A break below and I am bearish and would expect more consolidation before a bullish potential stop hunt to flush out weak hands.
The first target stands at 28% which is comparable to past moves REN has made in short periods of time. No time frame on this one, but it looks decent so far.
3 Altcoins I am currently pay close attention to ! With the BTC volatality increasing, trading altcoin could be risky. But if you find some altcoins have potential go up (or down), you can trade it with your own risk management method. Let me share with you the 3 alts I think has opportunity to go up in value in the next few days or weeks.
1. ChainLink
weekly shows up trend movement, price now above 20ema, my 2 confirmation indicator show bullish tendency but not confirm yet. Daily chart has confrmed bullish entry which I entered last night, lets see how it goes
2. Monero
weekly chart show Monero could rise from the ashes, double bottom patten, bullish volume increase significantly, indicators confirm the bullish entry( weekly candle close), I am looking for an entry soon
3. Ren
Ren/BTC I am interested in the daily candles, seems like a good bullish continuation trade for me, my indicators both confirmed the entry, volume is good, will entry today.
well thats all I have now, I will post my BTC analysis and my entry this weekend after the weekly candle closed. I am looking for BTC long term invest and short-term trade opportunity. If you like my analysis, like my post and leave comments. May the crypto market be with you.
#REN | Good MovementEntry : 0.00000461 - 0.00000413
Target 1 : 0.00000535
Target 2 : 0.00000603
Target 3 : 0.00000714
Target 4 : 0.00000819
Target 5 : 0.00000924
Stop loss : 0.00000405
Risk/Reward : 15%/105%
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
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Ren Protocol Readies For Action | Trade Inside [RENBTC](182%)Ren Protocol (RENBTC) is definitely one of my favorite altcoin projects for trading... Don't get me wrong, I mean the trading pair RENBTC, all of our trades are fully based on TA (Technical analysis) only.
Now, this pair is about to move again, so here I would like to share the numbers for those who want to trade.
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Pair: Ren | RENBTC
ENTRY: 0.00000450 - 0.00000500
NEXT SUPPORT: 0.00000420
TARGET:
(1) 0.00000615
(2) 0.00000675
(3) 0.00000835
(4) 0.00000905
(5) 0.00000985
(6) 0.00001225
(7) 0.00001375
STOP: Close weekly below 0.00000360.
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Remember to hit LIKE to show your support.
If you would like to see Ren Protocol (RENBTC) full analysis and chart , click on the image below:
This is not financial advice.
Thanks a lot for reading.
Namaste.
REN/BTC TA Update (Bulls getting ready?)REN/BTC
REN is showing signs of strength after the price bounces from the downward trend-line of support at around 420 sats area. REN is painting a potential Higher Low setup and an EMA cross.
The price is currently testing the downtrend of resistance and facing a little hesitation to break bullish. We could see REN consolidate in this area within a week before it decides to break Higher High.
I'm leaning to the Bulls side if REN can hold this level within 48 hours or more.
REN/BTC potential ending correction and starting new cycle REN / BTC (Binance) - I'm sending you the Christmas Forecast as a selection of dozens of charts I've gone through today. Even though some altcoins record smaller impulses, I I do not want to jump into them immediately for one simple reason ... Dominance has barely moved since yesterday and there is no sign of decline so it can only be retracements within the current Altcoin correction.
However, I like REN because it is a fundamentally decent project that has seen a decent uptrend in a short time since the listing and has since consolidated in the triangle. The volume decreases towards the apex, which prepares the graph for a larger impulse. The RSI at 1D in the neutral zone below 40, the MACD and the Histogram twist around the equilibrium point currently slightly to buy, ready for a larger impulse. No later than 31.12. there will be a breakout point from the triangle and I find it illogical to break down such a structure.
1D chart:
All the more I like the structure of the fact that in the apex of a huge cyclic triangle we see a PRZ for a potential BULLISH GARTLEY pattern with a PRZ between 422sat and 400sat, where we observe precise AB = CD, 0.886XA retracement and 1.41BC projection. Harmonic Patterns We do not trade over limit buys, although I personally like the primary trend line at the bottom of the PRZ, which keeps REN from the bottom of the uptrend. To enter after testing all PRZ points ( I expect even lower leg down, or after break from resistance trend).
Set alerts because a fomo may occur after a breakout. SL according to strategy, possibly under point X (359sat). The targets of the pattern / middleterm exit zone are shown in the chart, I do not exclude that if properly supported by the bulls, it can kick off another beautiful UP run.
12h graph:
I wish everyone a peaceful Christmas, peace with family and loved ones and good taste at dinner. :)
Is Ren Protocol Starting A New 190%+ Bullish Wave?RENBTC is now on an interesting spot, it broke below support but the volume is low for the bears and we have our indicators trending towards the bulls.
This setup can lead to some strong growth... but the first barrier to conquer is EMA10 at 0.00000457.
RENBTC needs to stay about this level if we want to see higher targets.
0.00000461 BTC is also the 0.786 Fib. retracement support for the Sept./Oct. bullish wave.
Conquering this level also supports the bullish move.
If prices for RENBTC moves and closes below 0.00000425, then we switch and put our bear hats on, as the lower support levels are likely to be tested (red arrows).
The strategy would be to buy when the support levels are hit and later sell for profits once the prices move up and hit our targets (magenta lines).
This is not financial advice.
Namaste.
REN/BTC | Looks Bullish in Daily Chart..!!REN/BTC (Update)
Forming Bullish Wedge in Daily TF So Keep Your Eyes on It..!!
Expecting Breakout..
Buy Between 450-460 Sats
Sell Targets 492-512-535 Sats
Stop Loss Below 426 Sats
Buy with 10% Portfolio..!!
Please like, subscribe and share your ideas and charts with the community!
Ren Protocol Trade Active | Over 150% Profits PotentialWe have an active trade for Ren Protocol (RENBTC) that is now relevant again.
This trade hit 55%+ of profits and is now back within buy-in range, you can find it by clicking on the image below:
"Back within buy-in range" means that this pair can be bought...
We are likely to get another round of profits.
The chart for RENBTC is looking bullish strong right now.
This is a friendly reminder.
Thanks for reading.
Namaste.
--
This is not financial advice.
RENBTC - Bullish divergence on dailyEntry: 0.00000530
Target 1: 0.00000644
Target 2: 0.00000712
Stop loss is 2 ATR levels away: 0.00000474
R/R ratio:
Target 1: 1:2
Target 2: 1:3
Bullish divergence can be seen on the daily, and currently on the 4H as well, so the current level looks good to step in.
The Stochastic RSI, has crossed as well on the daily.
Today`s ALT!!! RENBTCBINANCE:RENBTC
Exchange : Binance
Coin: RENBTC
Buy Zone: 0.0000064~0.0000061
Target Point: 0.0000067/ 0.0000071/ 0.0000074/ 0.000009/ 0.0000087
S/L: 0.0000059
Risk: HIGH
Term: Middle - Long
You should be careful in buying RENBTC because of Bitcoin
It broke Symmetrical Triangle without pumping
The Chart and RSI have similar Up Trending Line
The Volume is slowly down
It`s time to be pumping !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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