Render (RNDR) long and hold for whileRender (RNDR) has set a higher low.
If RNDR reclaims 1.66, (0.5 FIB-level), I think it goes for higher highs on weekly time frame (85% gains)
If you have conviction on RNDR this could also be a good DCA spot.
RNDR moves fast, so this long time move can play out faster than you think!
Render
long RNR$RNDR broke through the descending trendline and resistance level. BUllish movement to $1.73 is expected to happen.
RNDRUSD Strong buy evidence but best wait for a break-out.Render Token (RNDRUSD) is on the 3rd straight green 1D candle, having the best bullish sequence since June 21. The pattern remains a 3-month Channel Down but for the first time this is being executed from oversold 1D RSI levels as well as almost testing the 1W MA50 (red trend-line) for the first time since January 23.
The formation of a 1D Death Cross though, makes our sentiment mixed and prefer to take a confirmed buy signal instead. That will be above Resistance 1 (1.7685) and obviously the top (Lower Highs trend-line) of the Channel Down. Upon that break-out (1D candle closing above) we will buy and target 2.1600 (0.618 Fibonacci).
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#RNDR/USDT 1D (Bybit) Rising wedge breakdown and retestRender Token pulled back to 50MA resistance and could push a bit higher before resuming the retracement down to 200MA support.
⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%
Current Price:
2.27450
Entry Zone:
2.29510 - 2.52750
Take-Profit Targets:
1) 1.89170
2) 1.50035
3) 1.10905
Stop Targets:
1) 2.84610
Published By: @Zblaba
CRYPTOCAP:RNDR #RNDRUSDT #Render #AI #BigData #GPU #Web3
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.4% | +83.1% | +118.8%
Possible Loss= -39.7%
Estimated Gaintime= 1-2 months
rendertoken.com
RENDER/USDTWith the price reaching the floor of the ascending channel, it seems that we have reached a suitable price range for buying. Considering the loss limit, the short-term goals included in the analysis will be achievable. DYOR
RNDR/USDT is Building Momentum for Next Rally
💎 On the 1D timeframe, RNDR is sketching an optimistic scenario, suggesting a potential bullish surge.
💎 The MACD is tilting towards a bullish divergence, signaling a possible upward shift following the consolidation breakout.
💎 A retrospective glance reveals the price took a downturn after establishing equal highs. Moreover, the shift from demand to supply further intensified the bearish pace.
💎 There's a clear untouched supply and bearish territory. It seems likely that RNDR will target this area for equilibrium in the near future. However, if the price slips past the support zone, brace for a potential drop.
💎 In the dynamic realm of crypto, staying informed is essential. Keep an eye out for further insights and relish your trading adventure.
Render Token RNDRUSDT Price Analysis (12h)🌟 Greetings, fellow traders and investors! 📊💹 Let's dive into our detailed analysis of Render Token (RNDRUSDT)!
Currently, RNDRUSDT is exhibiting a consolidation phase within two significant bearish structures: the Rising Wedge and the Head and Shoulders pattern. These patterns often indicate an impending downward movement in the coming weeks, making it a crucial time for traders to be attentive to potential market trends.
📉 Rising Wedge: This pattern is characterized by a contracting price range between upward sloping support and resistance lines. As the price continuously narrows within this wedge, it suggests that a breakout to the downside is likely on the horizon.
👤 Head and Shoulders: The formation of the Head and Shoulders pattern indicates a potential reversal in the price trend. It comprises a higher peak (head) flanked by two lower peaks (shoulders), with the neckline acting as a critical support level. A decisive breakdown below the neckline often signals a bearish move.
🎯 Price Targets: Based on our analysis, we have identified potential targets determined by the height of the Head and Shoulders pattern and the Rising Wedge. These targets are located within the support zone of $1.27 - $0.95. Traders should closely monitor price movements and be prepared to act accordingly to capitalize on potential profit opportunities during this phase.
It's essential to exercise caution and apply robust risk management strategies while navigating these bearish structures. Always stay informed, monitor market conditions, and consider various indicators to support your trading decisions.
As always, we'll keep a watchful eye on RNDRUSDT's developments and provide timely updates to guide your trading journey. Wishing you fruitful trades and successful market endeavors! 🚀📈✨
Render Token (RNDR) formed bullish Gartley for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with BTC pair.
Previously we caught more than 12% pump of RNDR as below:
Now on a 4-hr frame, RNDR has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Rndr Breaking Bullish Pennant Seems Like getting Ready For Another Bullish Impulse Formed & breaking Bullish Pennant Incase Of Successful Breakout Expecting 80 to 85% bullish Rally
long RNDRCRYPTOCAP:RNDR broke through the resistance level. Bullish movement to $2.0 is expected to happen
Render Ready For A 50% Cut?As the market begins to show signs of weakness at macro resistance a lot of assets are looking at a possible retrace if BTC fails to brake above 32k.
Looking at the daily close line chart of Render a 50% cut brings price right into typical technical levels for a macro "bullish retrace".
So far we can see that the long running up trend has broken to the down side and if it fails to reclaim it soon a 50% becomes a more likely reality.
Looking at the money flow on wave trend indicators we can also bearish divergence forming as price put in a higher while the money flow is putting in a lower high.
Render RNDR price prepares a riddle, whoever reads it will guessAn interesting situation emerges on the RNDRUSDT chart
On the one hand, the chart shows a seemingly obvious Head and Shoulders pattern with a target of $1.10.
However, for this pattern to be activated, the RNDR price needs to consolidate below $1.90, or even better (for reliable development of the pattern, of course), it needs to fall to $1.50 and then fail to rise above $1.90.
On the other hand, something deep down tells us that there is absolutely nothing stopping trading bots from drawing a "standard book pattern". So that during the formation of the pattern, without waiting for confirmation (which is very important), many shorts positions were taken.
And then, with upward momentum, and on the triggering of stop orders on the short position, the "rocket" called Render can start to take off.
And this rocket needs a lot of fuel, because there is a strong liquidity zone above the current price of RNDR, which will be difficult to break through.
In general, we have written our thoughts, drawn arrows on the chart, and now the question is for you, which RNDRUSDT price will be faster: $6 or $1?
Write your thoughts in the comments section.
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Render, no trade areaRender
Its overpriced ,maybe 10X, it has plenty of competitors, but its done 500% in 5 mths.
Obviously the leader of the Gender Blender pack.
Get Some. cheaper is my Financial Advice.
RNDR Render breaking out :) RNDR Render is breaking out now Impulse MACD line has just crossed the Signal line (bullish) some gains expected also trading above the MA
Render may Retest the Key Level Formed Before the Lift-OffRNDR is likely to retest a key level established prior to the lift-off. The upper boundary of the channel formed needs to be respected for the price to find a robust support before any potential rally.
Render Token (RNDR) forming bullish Gartley for upto 14% pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with US Dollar pair.
Our last successful trade of RNDR was as below:
Now on a 4-hr time frame, RNDR has almost formed a bullish Gartley move for the next bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Render RNDRRender continues to outperform perform. Probably because it actually does something and has a huge income stream.
If you don't know what it does. Then learn now.
BTC hrly support and resistanceBTC
Ranging ready to move
26,500 pivot
Time to make its mind up for a 20% move either way
Mux Mining 15 MinMux Mining Looks Strong long term
Incredible year for Mux Mining
see the charts below.
Watch anything on youtube, its very impressive.
NAS - what do you see, what do you see, look into my eyes.....Nas seems an easy trade hereabouts.
Trump is all over it. " If you want a gas stove you can have it. " You can have anything you want I dont care. Personally I would never cook on electric again. So I could never vote for a party that would make it illegal, lol.
Gold got rekt. Legacy probably 17% cheaper soon. Rotation into commodities like copper, lithium etc is pumping hugely. Were at stage 3, Topping now, for sure.
Alot of People are about to get Rekt, completely. And a smaller few are about to get the biggest windfall of their generation.
Every Trader and Parent will tell you that there is no better feeling in the world than getting as much as you can possibly afford, for as little as possible.
RENDER $RNDR Token Move AssessmentThree head divergence. Possible pull back to 1.85 before heading higher.
