Watching RUNEUSD Crypto Up 6.5% so far today. At breakout level

5일 전

https://www.tradingview.com/x/4f0CwA0T/

On the 15m chart you can see the current blue candle 15m pink vertical line indicating time/date (I'm in Australia), I had this red line marked as a resistance price and above this price RUNEUSD should continue to breakout more.

Up 6.5% so far today, a good day for a Crypto can be 20% to 40% so early days.

I will wait for confirmation of a breakout of this zone and price just above current price. I will look for a retrace and retest of this breakout price and then I will alert here. Cheers.

tradingview.com/x/4f0CwA0T/4

3일 전

액티브 트레이드

Waiting for confirmation on a trade long any minute.
Or buy at current levels.
Many bitcoin are quiet today including btcusd. RENUSD will be one of a few to breakout.

3일 전

노트

At just under 0.05cents this one RENUSD is making its move. Reached the daily 200ema white line and its price sits above a bullish double bottom also giving it support and structure.
Waiting for it to break above the Top3 on the low timeframes. Then its a buy.

3일 전

노트

Buy now at current levels shy of 5 cents.
Or wait for break of triple top buy 0.05 to 0.06
Stop Loss 0.045

3일 전

노트

The risks with this trade?
First, its the weekend and trade volumes are lighter, if we were m-f this would be moving much more.
On the 5m chart there is an mtop (bearish) below 0.0474 (from memory). A breach here could take price to 0.045. But even at 0.045 RENUSD would bullishly turnaround at this lower price.
Safest way to buy is to wait for it to clear 0.05cents. Or take the trade on Monday. I posted it today because I think it will move upwards of 0.05 cents at some point. I am already Long on this with no stop loss.

3일 전

노트

Bitcoin is also selling off today. Big time. Down to 91,000 I think. They released the price slowly over about 6 hours now. But BTCUSD has broken its important support

3일 전

노트

The weekly chart very important is also very bullish with momentum. Price will breakout through top of the weekly wedge

3일 전

노트

don't buy at market price now, hourly chart is selling for a little while.

3일 전

노트

this will start to run in a moment

3일 전

노트

3일 전

노트

The daily chart above has enough momentum to take this over the topping pattern now at around 5 cents. It will be a lot safer to buy once 5 cents is cleared. I think about 6.7 cents is where the weekly chart really breaks out.

3일 전

노트

What Is Ren (REN)?
Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.
To learn more about this project, check out our deep dive of Ren.
Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.
The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.
Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.
Who Are the Founders of Ren?
What Makes Ren Unique?
Ren is a complex platform with multiple use cases, but it is ultimately designed to overcome barriers to entry and investment for DeFi projects.
As a plug-in, it allows DeFi projects to bring foreign cryptocurrency assets such as Bitcoin (BTC) and Zcash (ZEC) to their offerings. More broadly, users can in essence swap any token between any two blockchains without middle steps such as using so-called “wrapped” versions of tokens, for example Wrapped Bitcoin (WBTC) and Wrapped Ethereum (WETH).
RenVM is a network of virtual computers making up a virtual machine. The machines powering the network which makes up RenVM are called Darknodes.
Ren charges various fees for internal operations, but most do not go towards direct profitability, instead being paid to miners. As an ERC-20 token, REN also attracts varying gas fees to power transactions.

3일 전

노트

Buy around 5cents here to 0.055
Stop Loss: 0.0483

3일 전

노트

What you see in the daily chart for RENUSD is a rather bullish reversal, plus price is now just above the 200EMA and price has beneath it much lower a double bottom which is supportive of higher prices generally. You will see the falling wedge. When price exits a falling wedge it usually want to move upwards because price has been drifting down in the wedge for days, weeks, hours or even years sometimes. You will see the eclipse green circles showing how basically price was oversold from the RSI and often buyers step in when price becomes too appealing at the oversold levels.

3일 전

노트

This trade looks good on all intraday and high time frame charts. Its a rare thing to be able to say. I forgot to mention the spread of buy price ask vs bid is a bit wide, typical of many Crypto's and it's possible a worse spread being the weekend. I see where BTCUSD did its usual fake-out run to the downside. Its also a liquidity run and stop-hunt and by moving down the corridor on a fake-out it helps to reset the overbought nature of the instrument. Gold and silver are renowned for it as well.

그저께

노트

An increase in volume and steady volume right through the day. It broke out well over the double top as I expected. It's just starting another run now, I expect that will be the case all next week.

그저께

노트