Render: Possibly at the bottom
Updated
After my previous 2 render ideas (which turned out well) it was time for another update.
Render broke through its support zone of $8.80 yesterday and is currently trading around the price of $8.30, just like Bitcoin failed to hold its support yesterday.
I also just posted a bitcoin chart indicating that the markets are most likely in a big fuckery with shorts building up liquidity for bulls to push the markets higher. I therefore expect that the Render bottom has now almost been reached. Looks like this is a good point to top up your mid-term bags.
I see a lot of traders screaming and shouting for a render dip towards $6. I don't expect this to happen. I expect that a trend reversal is imminent and a new push towards the upside is inevitable.
Render broke through its support zone of $8.80 yesterday and is currently trading around the price of $8.30, just like Bitcoin failed to hold its support yesterday.
I also just posted a bitcoin chart indicating that the markets are most likely in a big fuckery with shorts building up liquidity for bulls to push the markets higher. I therefore expect that the Render bottom has now almost been reached. Looks like this is a good point to top up your mid-term bags.
I see a lot of traders screaming and shouting for a render dip towards $6. I don't expect this to happen. I expect that a trend reversal is imminent and a new push towards the upside is inevitable.
Note
I expect a Bullrun target of 100$. This entry could be a golden one!Note
And yes, that was probably the dip as expected. Bouncing hard!Note
You get a second chance. Buy this dip! Right on support.
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