ALTS Shine, +55% INCREASE !! FTM | RNDR | Render and Fantom have made steep increases over the past two weeks.
In the past two weeks, FTM increased a whopping 55%:
And RNDR increased around the same amount:
This naturally makes it likely to see a correction soon, which may be the ideal time to get into the accumulation boat - or just for a swing trade.
________________________
GEMINI:RNDRUSD CRYPTO:FTMUSD
Render
RNDR | BULLISH ALTS | RNDR Incoming ATH Render has been one of my top alts since Jan 2024, and it hasn't disappointed, currently standing at 140% increase, and if you account for the ATH in March, 245%.
As Bitcoin trades range we're patiently waiting for Ethereum to make a new ATH. This will encourage the rest of alts to make a final push up, that is AFTER ETH made a new ATH. That's why it's so important to watch Ethereum, and the Bitcoin dominance chart.
More on that topic HERE:
____________________
GEMINI:RNDRUSD
RNDR : BULLISH, Despite the Dip - Here's Why👇COINBASE:RENDERUSD
A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern.
Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the pattern.
From a technical chart analysis perspective; if you trade chart patterns you should be able to successfully take a long on the support zone. All considering, this will be a medium-risk trade:
Another confirmation from technical indicator, the green trendline is a potential wick zone (price on the right pane):
Falling perfectly in the center:
_______________________________
RNDR (Y23.P2.Video1). Bearish short term and here is whyHi traders,
My thoughts on RNDR and why this is a local top. However I do give conditions for potential more highs to occur and also why to be bearish in the short term.
Please give me a like and share,
Regards,
S.SAri
RNDR (Y23.P1.Video1) #RENDER Local target reached.Hi All,
Its hit a local target and might have some more with the prevailing 4 hrly trend. If we lose the 4 HRLY trend, then its likely to pullback deeper and then we will use our 8 hrly chart.
I explain a few things in terms of macro targets and how to approach this asset.
All the best,
S.SAri