ren basing

Although there is a lot of fear around ren with its links to alameda, I'm seeing a fairly bullish setup.
1.0 may shut down and 2.0 get released earlier but on the chart I see a good setup for movement long.
Bitcoin looks short today so I risked it low and am willing to wait a few days for this to play out. 8:1 rr at the tp shown but it could go higher.
SL shown. I risked it at about .75% risked there.
GL
Chart PatternsFundamental AnalysisTrend Analysis

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