Long

Ren Removes All Gains, Prepares for 100%+ Next Wave

Updated
Remember Ren (RENBTC)? This little gem generated us over 111% profits on our last trade on Binance, and the charts are getting ready for a second run.

You can see our previous trade here for results and additional details:
Ren (RENBTC) A Hidden Gem?


RENBTC has removed all gains from its last bullish wave and is looking to create a double bottom.

Our last entry recommendation was around 420 - 460 satoshis, the current price at the time of this writing is 423 satoshis, showing that RENBTC is reaching support and preparing for a second run.

All the details are marked on the chart:

  • All targets on the main chart.
  • Weekly close below bottom dashed line is our stop loss.
  • Feel free to hit like now.
  • It can take several months for this trade to fully develop.
  • This is a friendly reminder.
  • Enjoy the profits.


Thanks a lot for reading.

This is Alan Masters.

Namaste.
Note
Trade: Ren (RENBTC)

BUY: 0.00000390 - 0.00000430

TARGET:

(1) 0.00000525
(2) 0.00000595
(3) 0.00000705
(4) 0.00000785
(5) 0.00000885

STOP: Close weekly below 0.00000380.
Note
We are on the move and aiming for our first target.
Note
Just a fakeout... We wait patiently.
Trade closed: stop reached
Weekly stop hit. Trade closed.

Very likely to share a new trade in the future.

Thanks a lot for the continued support.

Namaste.
alanmastersBeyond Technical AnalysisbinancebitfinexbitmexbittrexCryptocurrencyTechnical IndicatorskrakenRENRENBTCTrend Analysis

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