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Renusd

REN swing test- bullish pennantThe price is currently testing the previous highs from June 2021. If bulls manage to defend this level, this could be a good buying opportunity. Entries: Aggressive- 0.65 Stupid and greedy - after 0.71 is reclaimed Safe- after upper trendline of the triangle or 0.86(TP1) is reclaimed Long term targets only: TP1: 0.8611 TP2: 1.1001 TP3: 1.3764 TP4: 1.7539 (short-term traders will figure this out themselves) Remember about risk management, especially that BTC has been quite volatile lately.
Long
by V0VOLAN
4
REN pullback?There are big possibilities we could see some pullback here due to RSI on 4 hour and below already on overbought area. RSI on lower TF also make bearish divergence. Big support around 0.9 cent and 0.8 cent area. This could a great place to long. Daily RSI also trying to make a pullback and on healthy level . We will see some pump if BTC going sideway or dint dump. But there are possibilities we could go lower due to volatility of BTC . If BTC crash from here, we could see REN will follow to dump.
Long
by crash123