REN Shorted REN for a quick +7%. It then retested resistance and is peaking above. Could be a fake out but I’m punting a small long. If it does fake out it’ll confirm the short yet again. Ready for either
RENUSDT trade ideas
RENUSDTWhat we see now :
1- the price at 0.67 $
2- the price cross ATH
3- the resistance level at 0.52 $
4- there is 4 positive buy signals are active now
5- the price is above MA200
What we do now :
- take a position at this level , follow the robo sell signals ( close the deal if you see if you see two sell signals )
RENUSDT - NEW ATH, UP TO 2$RENUSDT ready to growth, we have bullish breakout at RENBTC chart, and massive volume at usdt chart last two weeks.
TP1 - 0.7$
TP2 - 0.85$
TP3 - 1.27$
TP4 - 2$
Good luck!
RENUSDT_Daily_ Updated Analysis**************************************
Price : o.62 USDT
Entry LVL: 0.58- 0.62 USDT
Support Zone: 0.49– 0.52 USDT
Expected Return: 36%- 104%
Reward/Risk: 6.15
TP_LVL I: 0.83 USDT
TP_LVL II: 1.25 USDT
TP_LVL III: 1.66 USDT
SL: 0.46 USDT
**************************************
RENprotocol (REN) ready to launchREN is looking promising past days. The patern is above the EMA10 what shows that the bulls are in control.
We expect a break-out above 0.37$ trend line.
After confirmation of a clear break-out (retest trendline as support) the ATH will be tested.
Happy trading.
This is not financial advice
REN NEXT PUMP If it breaks the resistance it will go bonkers and reach the .60 levels easily.
REN is a major actor in the DeFi space. After the success of Aave, Snx, Maker, Rune, and much more, REN did not make a significant boost. It's time is due !
Really bullish
In the worst case scenario, you would hold your bag for not much longer before it pumps ...
Long consolidation, High rewards
RENUSDT is ready for breakout? 🦐$REN.X is testing 4h resistance. If the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
REN/usdt Wow reached all his targets😉This is from the REN analysis that I put in 7JAN and it went exactly according to our analysis and achieved all its goals. If you want to use other analyzes, be sure to follow me.✌
$REN will go ballistic to 1$ Absolute bullish daily and weekly chart!
EXPECTING TO SEE A NEW ALL-TIME HIGH SOON!
#REN/USDTPERP - Long - Potential 14.65% #PREMIUMTRADE
#REN/USDTPERP - Long - Potential 14.65%
Optional Leverage - 3x - 5x
Entry- 42817
TP1- 45784 (75%)
TP2- 49204 (25%)
SL- 40403
- Key Notes - BTC ranging - alts gaining traction
- RR - 2.5
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
Ren/usdt bullish breakout Ren/USDT is about to make a massive move to the upside.
It’s last run was 2000% before pulling back roughly 60%.
I plotted the same measurement on the recent pullback and is roughly 60% as well, if it replicates the same move in the coming months we could see Ren/USDT hit $3.5.
We can see clearly that its formed a beautiful Bull pennant, which has now broken out to the upside.
If you look at the daily its also printed a clinical Cup&Handle Pattern.
This will be a potential 8.75x return from current level to $3.50
RENUSDT (Waiting for the resistance zone Breakout)#RENUSDT(Day chart) Technical Analysis Update
Waiting for the resistance zone breakout
REN/USDT currently trading at $0.385
Long Entry-level: Above 0.440 (only enter long after resistance zone breakout)
STOP LOSS: I will update once I see the breakout
Target 1:$0.560
Target 2: $0.700
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
