ren:usdtits all about breaking the res line in 0.44 price taget 1 ( price : 0.70) >> target 2 (price : 0.30)by mersad1362Published 3
REN.USDT (Y20.P4.E1).Price Action explainedHi, Keeping it short as I'm looking for an entry as this has shown some strength and the pullback is in progress. I have 2 levels of interest, here and the blue one. OBSERVATIONS: ====================================== > Bottom structure\reversal seems to be complete and is unlikely to test all the way down as per neckline, if so, too deep and hence not interested; > On the 4 HRLY, we have confluence with the MA and fib. levels (min. requirement is 2 elements) with confluence; > We have convergence with the MACD; > Now we are looking for that bullish candlestick on the 4 hrly or possibly 2 hrly; > And we have an uptrend on the smaller time frames, hence this is not something I'm saying to go Macro long; Just an potential opportunity until stopped out. Lets see how we go on this likely opportunity; Please give me a like or tick for this post. Regards, S.SAri Closeup Daily chart: Phoeix and Macd show upward pressure; Price above all 4 ema's. Longby ssariUpdated 4
Reverse H&S - REN/USDTReverse H&S Theoric target : 0.431 Bullish divergence RSI / MACDLongby Marq_Updated 117
REN Bullish Twist on 4EMARENVM is about to make a nice bullish twist on the daily with the 8/13/21/55 flipping on top of eachother. This is nice.by AllprofitnolossPublished 0
RENUSDT AnalysisEngineeringRobo and I are both bullish about REN at the moment If you are holding REN at the moment, it would be advisable to hold and sell with EngineeringRobo sell signals aim to sell at the .4468 resistance level. - If you are interested in buying REN, you can buy now with EngineeringRobo Bull signal (between 0.305 - 0.324). - You could buy if the candles break the 0.4468 resistance level, turning it to the support level Pay close attention for those EngineeringRobo sell signals! If you're looking to use EngineeringRobo, DM me! by DanFox0x7C6Published 445
ren receedingI think of this one as the double pump and dump, im looking at lower lows and lower highs and no clear sign of reversal, and to top it off I don't really like the fact that it was recently listed on coinbase, don't quote me but every time a coin lists on coinbase in recent history its been sent there to die a slow painful death, celo, yfi, uni, ren, im missing a dozen more I know but I just think of it as a way to wait for the pump and short for the win afterwardsShortby track4successUpdated 2
RENUSDT Local Range| 200 MA| Volume Climax| Price Action Evening Traders, Second Analysis – RENUSDT – trading in a local range with defined boundaries, range low likely to be tested. Points to consider, - Range High Resistance ( 200 MA Confluence) - Range Low Support - Price Action Bearish Retest - Volume Climax RENUSDT’s immediate price action has established a bearish retest, allowing us to have a bearish on the market. The range high us current resistance that is in confluence with the 200 MA, price has initially respected it. Breaking above this level will be bullish leading into a change in market structure. Volume profile has a valid influx node marking a temporary top, the next influx will be likely at key trade locations. Overall, in my opinion, RENUSDT is a valid short with defined risk, price action is to be used up discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “Sheer will and determination is no substitute for something that actually works.” – Jason Klatt Shortby AzizKhanZamaniPublished 8859
REN/USDT Bullisch divergenceHello al, this is the first chart I publish, so feetback is welcome. I see bullish divergence on REN, I think it's time to buy, but I keep my stoploss tight, just in case. If BTC behaves we might reach the targets you can see in the chart, the red lines.by VinnerdudeUpdated 116
REN Short-term SignalREN/USDT we are seeing strong bullish action taking place. I wouldn't be surprised if we more gains. This is not financial advice. Trade at your own risk. Please like, share, follow and comment. ENJOY! Longby CryptoSignalsChannelUpdated 664
RSI divergenceHi guys, Ren reversed yesterday, but it maybe fall again, it can fall to the 0.11170, you can see the hidden RSI divergence. by baranosh211Published 3
REN/USDT - Short on Binance - Aiming for 2 TPsHello traders I'll try to share a few trades a day from now on First one of the day A short on REN/USDT with 2 Take Profits - TP1 a bit before the Weekly Traditional Pivot S1 - TP2 a bit before the SMA 100 Daily This is a swing trade based on an hourly chart so it might take some time to develop Will update if hard exited and when I'll set my Stop to breakevenShortby DaveattUpdated 5514
RENUSDTPossible Cup and Handle formation on the the 2hr. Given the market mood, use a tight stop. Not advice. Good luck!Longby Avery_UptonUpdated 2
Potentially > 100% profits in explosive REN move above $1.Hello fellow Traders and Community members.Hope you’re all having a great week. REN seems to have started the ascent from the bottom of the recent correction below $0.4 and is now trading around $0.5. In my analysis I have determined that this could be the last leg in the parabolic 5th wave up from the Covid-19 crash. As such using the high and low trend lines we determine potential targets. Looking at the previous upward wave on the lower timeframe that took us up to 0.55 we see that the upward momentum started on the last day of the month, similar to this month, and culminated at the top trend line on the 18th of August.This was followed by a correction till the 30th of August. If we estimate a similar timeframe and the increasingly parabolic nature of the curve I believe a target of $1.2 is probably by the 18th of September. Here I plan on selling into USDT and buying back between $0.8-0.9 (0.5 fib like August) around the beginning of October. Forecasting such a big move in such a market is obviously just a few steps above shooting in the dark but considering the frothiness we are seeing in the Alt market paired with the DeFi boom that’s ongoing makes this double your money trade a real possibility in my untrained opinion. Of course this is all just just my opinion and would love to hear what you have to say. Likes and comments are always appreciated. Ps. Please don’t take investment advice from someone as fresh as me lol. Stay safe and form your own opinions. I don’t use leverage in the crypto market FYI. PeaceLongby MuhammadZaeemMianPublished 5
REN 31/08/20Between that wedge and it's score on quantifycrypto.com I thought it would be good to hold a little bit of this, have set an alert to check it's score if it touches that lower supportby w00fsPublished 0
RENUSDTThe currency is in a general bullish trend and is nearing the end of the bearish correction It's a good idea to go long after the wedge has broken higher Targets are shown in the chart, stop loss and price return below the entry point Good luckLongby Pal_045Published 116
REN.USDT and BTC (Y20.P3.E1).Solid trend but be patientHi All, REN is another solid performer as one just has to look at its past price action. I am anticipating after a peak like this one, it will pull back to the 21/34 EMA and\or the top of its previous channel and continue. I did see this with both KAVA and LINK so the likely chance REN does the same. There isn't much words since this post is about stalking REN. Lets see if we can get this right. Cheers, S.Sari REN/USDT 2 Day chart: upward pressure on both Phoeix and MACD indicators REN/BTC pairing chart: Longby ssariUpdated 337
RENUSDT - Long - Potential 46.75%RENUSDT - Long - Potential 46.75% Entry - 39222 TP1- 48170 TP2- 57006 SL - 31746 Please comment with thoughts and how you get on. If you like the idea, then hit like on the idea & support with a follow. Good luck out there!Longby KryptochristianPublished 11
Perfect bounces in the trend channel plot the path of the bull.Hello TradingView community, hope everyone has been having a great day. As many of you may have noticed that REN has formed a consistent trend channel on the lower time frames. However the consistency of the intra trend bounces is truly surprising. For the last couple of days or so every bear move has formed a 58 degree angle from peak to trough whereas every single bull move has been marked by a 72 degree angle from Trough to peak. The similarities don’t end there as every bull rally in this short channel has add 11-12 cents in price. As long as this trend remains intact Itseems the wisest course of action would be to follow it hence I’ll probably be going long at $0.505 and closing the trade at $0.605 (sold at 0.558). What do you guys think? Anything to this analysis or just mindless ramblings? Let me know with ur likes and comments. Thanks For your time guys!Longby MuhammadZaeemMianPublished 6