Long
REN: Up and Out
It looks like REN is making its move, like many other Ethereum tokens at this time. It is currently rallying in an ascending channel after rebounding from a spring meant to shake out weak hands before the next big markup. Right now everything points north as long as BTC behaves. How far north to fly is up to you; I provided a fib zone for ultra zone wick flashes, but if you're not willing to wait for the lightning you can just cash out at the low sell zone and net a cool 32% gain. Not a bad swing!
*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have strong hands, patience, and like big wins and big money, follow me. I track all the USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My technical analysis is based on Wyckoffian phase analysis, Elliott Waves & Fibonacci ratios. If some of my sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have strong hands, patience, and like big wins and big money, follow me. I track all the USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My technical analysis is based on Wyckoffian phase analysis, Elliott Waves & Fibonacci ratios. If some of my sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.