Renko candles: a simpler way to trade crypto

TokenVelocityTrauma · 2025-11-06T12:03:08+00:00

Renko charts offer a solution for traders frustrated with traditional patterns and trend lines. They focus solely on price movement, ignoring time, making it easier to identify trends and manage risks. Ideal for various assets like $BTC, $SOL, and $BNB.

TokenVelocityTrauma

2025-11-06 12:03:08

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Tired of complex patterns and trend lines? Renko charts might be your solution.

Unlike traditional Japanese candlesticks, Renko blocks are drawn only when the price moves by a fixed number of points, for example, 10 points. The main feature is that they do not depend on time, only on price movement.

How to trade on Renko:

Trade in the direction of the trend — buy on pullbacks or after a new block is formed.
Add moving averages (10-20 periods) to find entry points.
Setting a stop-loss is easy — just at the previous support level.

Advantage: risk management is obvious just from the chart, without excessive analytics.

Suitable for ( and any assets. Try it if ordinary methods do not work.

BTC0,69%

SOL1,18%

BNB-0,28%

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