REN: Case of Don't Chase
We noticed one of the top-performing alts of the last 24 hours was REN. RENBTC has come to a horizontal and diagonal resistance point near 675.
As is the case with all these small coins, we don't think you should FOMO into a long at resistance. That said, if REN does take out 675, the next upside target 871.
Bottom Line: If you are going to FOMO into anything, FOMO into Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC). Chasing coins like REN that are up 25% doesn't seem to make much sense.
As is the case with all these small coins, we don't think you should FOMO into a long at resistance. That said, if REN does take out 675, the next upside target 871.
Bottom Line: If you are going to FOMO into anything, FOMO into Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC). Chasing coins like REN that are up 25% doesn't seem to make much sense.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。