REN : Explosive Breakout Ahead! Bullish Signals Flashing 💎 REN has recently broken out of a descending channel, forming a W pattern on the support zone, signaling a potential reversal towards the bullish side.
💎If RENUSDT breaks above the first resistance zone, it will be considered a Change of Character (CHoCH), indicating a shift in market sentiment towards bullishness. This could lead to a bullish market structure from that point onward.
💎In the event of a pullback, we can anticipate a bullish bounce from the support zone. Given the overall bullish trend in the cryptocurrency market, it is advisable to align with the prevailing trend.
💎However, if RENUSDT breaks down below the support zone, it would be prudent to refrain from trading REN in that situation. A breakdown below support would signify a bearish market structure, which goes against the prevailing trend.
Renusdt
RENUSDT Long CMP for Short to medium TermRENUSDT is currently Long at CMP for short to medium Term. Keep watching this script for more profits and gains.
REN Long SetupREN forming good structure if BTC don't ruin then it will give good profit as swing setup BYBIT:RENUSDT.P
RENUSDTRENUSDT Looks Good on Daily time Frame.make sure you only enter when REN will cross our Horizontal Resistance...
RENUSDT looking strong and bullishRENUSDT is looking strong on chart and bullish on charts. Short term to medium term trend is up.
Swing Trade: trendline supportbuy at cmp keep sl below 0.84
keep target 1 at upper trendline 0.98
if breaks upper trendline it can move towards 1.2, 1,3
REN/USDT Forming Bull Flag on Daily TF$REN/USDT
- REN is forming Bull Flag on Daily Chart.
- Adding small position within the flag and will add bigger position on breakout.
- $1.30 is next horizontal resistance which need to clear for move towards 2-3$.
REN Trading - NFA/DYOR Hello Traders,
I hope you don't miss this cool trading opportunity.
At Golden Support- Yes,
Looks Bullish- Yes
Should I trade- you better know
Leverage - As per your risk, please not more than 5x
Volatility- High
STOP LOSS- PLZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
#NFA
#DYOR
#HAPPY_TRADING
BINANCE:RENUSDT
KUCOIN:RENUSDT
