Long
REN/USD- Undervalued DEFI Project ????
Pumps through most Defi projects are the norm over the last month.
The key is finding the ones that still have more gains to come.
REN worth watching over the next few days for either a loss of support, or pump through resistance.
Currently testing bottom of bullish channel but may be rejected by previous resistance line and cause loss of support.
That may create a nice entry option at the lower support levels.
Currently in front of Loopring (which we saw massive gains from last chart posted) on CMC DeFi listing, REN maybe a valuable option over the next month or so as it's protocols answer some of the bigger questions within Defi.
As always, not financial advice, just thoughts and TA.
Bingaz
The key is finding the ones that still have more gains to come.
REN worth watching over the next few days for either a loss of support, or pump through resistance.
Currently testing bottom of bullish channel but may be rejected by previous resistance line and cause loss of support.
That may create a nice entry option at the lower support levels.
Currently in front of Loopring (which we saw massive gains from last chart posted) on CMC DeFi listing, REN maybe a valuable option over the next month or so as it's protocols answer some of the bigger questions within Defi.
As always, not financial advice, just thoughts and TA.
Bingaz
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.