REN formed big BAT for upto 330% moveHi dear patrons, hope you are well and welcome to the new update on REN token.
During the previous market crash of Aril to Jun 2021, REN formed a big bullish BAT, which I shared as below:
Now during the current market drop again on a weekly chart, REN has again formed another bullish BAT pattern.
Buy and sell targets:
Buy between: $0.3874 to $0.2668
Sell between: $0.7455 to $1.12
Stop loss:
Below: $0.2668
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 319%, and a loss possibility is 32%, but right now loss ratio can be 20% coz REN is being traded at $0.3320, at the time of writing.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.