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REN/USDT Perpetual Contract

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RENUSDT.P trade ideas

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.
Long
by MyCryptoParadise_Nathan
RENUSDT: LONG for a 24% GAINHello All, Welcome to the quick update of RENUSDT. As of now, it is pumped 17% and more pump is awaited. We can see from the chart that it can pump until 0.12700 in a few days. We can enter this between 0.10200 to 0.10399 with a target of 0.12700+ and an SL of 0.09962. Till then stay tuned and trade with caution with strict STOPLOSSES !! This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
Long
by ScramblerG
[Crypto] RENUSDT Compression BetRefer the chart. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. I also do my trades live, Please refer to the link to my footer if you want to tail me. =======
Long
by Amit_Ghosh