REN +100% in April ✅ Buy: 0.95 - 1.08 ✅
🎯TARGETS:
1- 1.35 (37.42%)
2- 1.76 (75.50%)
3- 2.06 (108.2%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily close below 0.79
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RENUSDT trade ideas
REN formed a Cup and Handle PatternA playbook cup and handle pattern. Stoch RSI is on the bottom. Ready to go upwards.
TP1:1.30
TP2:1.50
REN/USDT Hey hey my friends 👋🏼
REN here is looking solid we have broken out of the downtrend with some good volume and we have converging moving averages about to make this thing pop 🚀
REN USDT - 1D - The Hammer reversal candlepattern shows us that for REN the correction time stopped now, with the pattern touching the uptrend line and starting to go up again, let`s wait for the next days.
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REN / USDT 8 hour, looks also ready for Moonaction!Ren looks good, breaks the falling wedge, bounce of the 55 on the 8 hour en buyers are back! Also the retest was successful!
Keep an eye on Ren!
Ren Bullish IdeaRen seems very promising. I have three targets for it, marked with short orange lines. The short target also gives confirmation with the triangle's target. I consider $1.038 a good entry point.
#REN break out of the triangle and goes up in the new triangleRENUSDT broke the triangle and go up in the new triangle and I expect the pump to more than 60%
1-Price break the upper band of BB
2. EMA crosses
3. Break out of the ascending triangle to an altitude of more than 64%
REN Usdt - 4H ✅ As You May Know REN Is the The 86th Place Of Coin Market Cap ..
☑️ It has Some New News And Technical Updates ..
✅ It Looks Bullish And Breaking out From Triangle Chart Pattern , So I Think It is Good For Now ..
☑️ Thank You For Your Consideration ..
BINANCE:RENUSDT
$REN BreakoutExpecting fireworks from $REN in April very clean PA on this cryptocurrency. Solid coin fundamentally.
another falling wedgeSo, it looks that most of the coins which pumped in January are setting up to pump again in this period. At least those I'm stumbling into.
REN had a great run since end of December and now it looks at the end of this falling wedge, this looks clearly into a reversal (already started). If BTC doesn't mess up the market it should break out soon, however ADX+DI shows that the momentum is uncertain so I would suggest to enter only 30% now and wait for price to test 1.11USDT. Afterward, if it keeps going up you can buy the rest.
Very often wedges get retested after the breakout, I've a feeling this will. I might be wrong but this is my feeling. Stop loss is the bottom of the wedge and the maximum target is on the chart.
RENUSDT TRADE SETUP IDEAAwaiting breakout of the upper trendline may enter upon breakout and retest of the support. Will keep updated here. Targets looking at 34%-74%.
DAILY CHART:
REN/USDTREN is in a bullish falling wedge and ready to break it at any time.
After a confirmed breakout (4h) and a retest on breakout level, we could start a good trade here!
More updates on this idea will follow.
Like always do your own research and let my know what you think about my idea.
Cheers CryptoFox
RENUSDTEntry : 1.03 - 0.98
Targets : 1.15 - 1.20
Stoploss: 0.93
Enter stepwise and put stop loss in order to reduce the risk.
REN/USDT - False breakout, price return, exit from the triangle Hello everyone, analyzed the REN/USDT pair
On the graph, wine is all you need to make a decision.
A grid of buy orders will protect you from a big loss, if suddenly, bitcoin wants to drop lower. Trade wisely, don't overestimate the risks
This is just my opinion, and you trade in accordance with your trading plan.
Targets are indicated on the chart as a Fibonacci grid.
Stop loss, everyone chooses for himself, observing his own trading strategy
Trade with your trading system, do not overestimate the lot in the position and do not overestimate the risk management.
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