BULLISH ULTIMA on - RENHave Brokeout from Long term consolidation pattern and pending retest on supports.
Good time to accumulate for continuation of rally !
RENUSDT trade ideas
BINANCE: REN/USDT🛒 Pair: REN/USDT 🛒
== SPOT==
⏰ 1399/10/08 ⏰
🕰 28/12/2020 🕰
Duration:
📈 SCALP - SHORT 📈
Ex: Binance
🛒 Buy: 0.290 - 0.300 🛒
👉Sell Targets👈
🎯TP1: 0.3095 🥉
🎯TP2: hidden🥈
🎯TP3: hidden🥇
🎯TP4: hidden🏆
🎯TP5: hidden🚁
🎯TP6: hidden✈️
🎯TP7: hidden🚀
⛔️ SL: 0.2665 by closing 4hrs. candle below
Breakout
shorted .40004 shorted exactly .40004 cause the entire market is dumping, this is mega pumped and im drowing in profits from other shorts. think this retraces the entire pump for a retest. put a stop at the top of the wedge. wish me luck
REN - Potential Breakout Forming? Wait for Confirmation!!REN looks like it's ready to make some moves on the daily chart.
We see a clear parallel wedge, a bat style fractal that has similar proportions to a textbook bullish bat, RSI is in a very good position for growth, MACD is showing a huge bull divergence which could be the start of a new potential uptrend, and volume is good on the breakout so far (though still need more time on weekly for confirmation there!)
This should be a clear breakout or fakeout play, it's literally at the upper limits now so if we see a punch through look to snap some up on the retrace afterwards as we're likely to see more upside.
This isn't financial advice. Want some financial advice? Don't get baseboard heating, it will kill your hydro bill.
Breakout Possible in RENAccording to my team ren might give a blow breakout it has good support zones and may bounce back from the support zone to retrace its path towards the sky.
LONG REN with profit targets and stopsLONG REN - Bouncing off 200 day SMA
initial stop is at 0.238
target 1 is POC 0.324 sell 1/2 move stop to BE
target 2 is VAH 0.400 or trail with 4 hr ATR
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Ren built and released the first decentralized dark pool (RenEx) in 2018 and is now generalizing this technology to create an ecosystem for building, deploying, and running general-purpose, privacy-preserving, applications using zkSNARK on a newly developed secure multiparty computation protocol (sMPC).
Ren's core product is now RenVM, which brings interoperability to decentralized finance (DeFi). RenVM is intended to be a decentralized and trustless custodian that holds your digital assets as they move between blockchains using zero-knowledge proofs over an sMPC based protocol. The state, inputs, and outputs of all programs that RenVM runs are kept hidden from everyone, including the Darknodes that power it.
This allows RenVM to securely manage ECDSA private keys on different blockchains, making it possible to shift digital assets between blockchains in a trustless, permissionless, and decentralized way.
Nodes that power RenVM, are referred to as Darknodes. These can be operated by any member of the public that posts a bond of 100,000 Ren tokens (REN). Projects that utilize RenVM pay a small fee to Darknodes for providing interoperability. Given the one billion maximum REN token supply (ERC-20), there is a maximum of 10,000 possible Darknodes.
Ren is currently in phase sub-zero where there is only one group of nodes responsible for consensus and execution and it is run by the Ren team.
REN/USDT - LONG - Potential 9.95%***NEW TRADE SET UP"**
REN/USDT - LONG - Potential 9.95%
Optional Leverage: N/A
Entry- 29587
TP1(75%) -31363
TP2- (25%) - 32531
SL- 27759
- BTC at strong point of resistance rejection possible - High Risk Trade with Small Targets/Risk
- RR - 1.61
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
REN : Long TradeHello Dear Traders,
Ren is showing quite heavy buying from last 3 days.
its still in accumulation zone and preparing for breakout.
bullish head and shoulderRENUSDT on 4H, a bullish head and shoulder approaching a break of the trendline, using LINE CHART
