REN BTC Daily. Under the Radar Defi....Moving Up?
REN Protocol. I hold this coin, it's fundamentally extremely good, I have no doubt this coin will do extremely well. Check out a very good recent piece on REN by 'Selcuk Aslantas' on Medium.
To me, the chart looks good. A break out of the recent downtrend looks underway. Price has broken through the descending dashed line and is now approaching the 180EMA. If we can close above this EMA then I see this as a potentially very good long opportunity. But, waiting for this trade to develop has taken some time!
Note the bounce off the Fibonacci 0.786 retracement.
Neutral for now with a bullish sentiment!! Go REN....
To me, the chart looks good. A break out of the recent downtrend looks underway. Price has broken through the descending dashed line and is now approaching the 180EMA. If we can close above this EMA then I see this as a potentially very good long opportunity. But, waiting for this trade to develop has taken some time!
Note the bounce off the Fibonacci 0.786 retracement.
Neutral for now with a bullish sentiment!! Go REN....
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