Get started

Rendertoken

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). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSD
by TradingShot
3
RNDR: Descending Triangle BreakoutTrade setup : Bearish breakout from Descending Triangle pattern, below $1.70 Triangle support level, which confirms downtrend with downside risk to $1.00. Pattern : Price was trading in a Descending Triangle pattern. Typically, a breakout will typically occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle. Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $1.70, which it broke, then $1.00. The nearest Resistance Zone is $2.50, then $2.90.
RLong
by altFINS
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! 🚀📈✨
R
by Vestinda
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. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
R
by P_S_trade
28
RNDRUSD hitting our target but isn't stopping there!The Render Token (RNDRUSD) is about to hit our long-term target (3.000) of the trade we made on March 22 (see chart below) two months ago, following our pattern perfectly: The Pitchfork Support and Resistance levels show that it won't be stopping here long-term as the Channel Up that is following since the March 10 rebound on the 1D MA100 (green trend-line) is more than obvious. With the 1D MA50 (blue trend-line) as the short-term Support, we will be buying the next pull-back and target 4.0000, which is right below Resistance 2 (High of February 02 2022). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSD
by TradingShot
3
Render Token Long Term StrategyHi folks, Let's look at what Render Token is 🏳️Render Token is a project token focused on blockchain technology and cryptocurrencies. Render Token (RNDR) is an ERC-20 token developed and distributed by a company called OTOY. 🏳️Render Token serves as a payment unit for the distribution of 3D graphics, virtual reality experiences, and cloud-based computing power. RNDR enables users to share their computing power while allowing token holders to receive payment in return for this computing power. Thus, those sharing their computing power earn more Render Tokens, while token holders make payments to utilize this computing power for rendering 3D graphics or other computationally intensive tasks. 🏳️Render Token holds significant value for professionals and companies in 3D graphics and virtual reality fields. By using this token, individuals and organizations in need of computing power can access more resources and render complex graphics faster. At the same time, token holders can earn passive income by providing their computing power. 🏳️Being an Ethereum-based token, Render Token operates on the Ethereum network. This ensures fast and low-cost transactions for the token. Render Token is also listed on exchanges, allowing token holders to exchange it with other cryptocurrencies. Bonus Chart 1: Wide Angle Technical Data 🎯Orange --> EMA50 --> 1,86 (support) 🎯Blue --> EMA200 --> 1,38 (emergency call) 🎯Accumulation Zone (FRVP) --> 0,37 - 0,67 🎯Fib 0,236 --> 2,01 --> Support no:1 🎯Fib 0,328 --> 3,05 --> Next target 🎯There is negative divergence on the table (if it's approved), we can see testing EMA50, even EMA200. If you're a short-term player, keep that in your mind. 🎯In the worst-case scenario we can see 1,46 (perfect time to buy for the long term). Bonus Information 🏳️RNDR is now only listed by Binance, Kucoin, and Coinbase (we can expect further listing). 🏳️Max supply --> 536,870,912. 🏳️Circulationg Supply --> 363,911,539 (%68). Bonus Chart 2: Google Trends AI, Bitcoin, and Metaverse 🏳️Blue one is AI. When we checked Google trends for the last 5 years, AI is surpassing both BTC and Metaverse. Let's imagine! What will happen AI projects in the next bull run? Thanks for reading all mates, do not forget to hit the like button.
R
by Bullfighterr
Render token RNDR price is preparing to shoot up 🚀Looking at the price chart of RNDRUSDT, we can say with certainty that the increased interest of buyers in is If you know why this project is interesting, please share your thoughts in the comments. The price of RNDR has approached a strong liquidity zone, and it looks like buyers will try for the fourth time to break higher. That is, there is probably at least 60% upside ahead. In our opinion, it is safe to enter long position: - above $2.20 on the blue route - if force majeure occurs and the price drops sharply (which now looks rather unlikely), then long from $1.50 The main thing is not to rush and wait for confirmation of a safe entry. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
R
by P_S_trade
45
RNDRUSD +50% up since our last buy call and it's not over yet!Render Token (RNDRUSD) is up more than +50% since our buy signal more than 1 month ago: Medium-term traders may look to book those respectable profits but we can get an extension if the price closes a 1D candle above Resistance 1 (2.1750). In that case, our long-term target of 3.0000 which sits just below Resistance 2, will most likely get materialized. The key to this is for the 1D MA50 (blue trend-line) to keep supporting. Notice the similarities on the 1D RSI patterns of RNDR's previous drop-accumulation-rise formations. It appears that right now we are on a candle similar to January 20. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSDLong
by TradingShot
RNDR/USDTThis is my macro view on Render Token. I'm very bullish on Render for the next bull run but I think it's cooked for now and it's going lower on the HTF. If I get a chance to accumulate it below $0.30, I will gladly scoop it up. Currently this looks like a Double Top forming, yet to be confirmed under $1.28. That is a potential 80% drop from here so don't get chopped here. Even if you wait for it to break below $1.28 you won't miss the big move. Be wise, patience is the key. Follow, like the idea and feel free to leave a comment. Check out other ideas if you like this one.
RShort
by Trader_CD
15
RNDRUSD Buy the break-out or the next pull-backRender Token (RNDRUSD) it currently testing the 1D MA50 (blue trend-line). If the 1D candle closes above it, then buy the break-out. If not, a rejection as in mid December is more likely, so buy the pull-back on this Pitchfork Support. Target in both cases 3.0000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RENDERUSDLong
by TradingShot