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Rendertoken

RenderNetwork at important resistance👀🔴Here is my RenderNetwork TA for you dearCrypto Nation😎🤘 RNDR got rejected at the POC + FIB 78.6% bullish scenario🐂 💠break this resistance zone 💠chase last ATH 💠reach TP at FIB 127.2% at $16 🟰that market cap would be 0.83% of current Bitcoin market cap bearish scenario🐻 💠deep correction to the final Bull Support Box 💠getting dark if we lose that support👀🔴 Comments💭, Likes♥️ & Follow🔗 appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
RLong
by Crypto4Everybody
RNDR: Resistance BreakoutTrade setup : Trends have reversed to Uptrend after price broke back above $1.70 key level and above 200-day moving average. After pausing briefly, it broke above $2.50 resistance to signal continuation of Uptrend with upside potential to $3.30 near-term and possibly even $4.00 resistance thereafter. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $2.90 (previous resistance), then $2.50. The nearest Resistance Zone is $3.30, which it broke, then $4.00.
RLong
by altFINS
Render (RNDR) ultra long, mega bullishA daily close above 2.75 and RNDR looking hot hot. Could this be the start of a mega break out, that you could hold for the whole bull run - I think so. Either way, here's a set up for a potential 30% trade. Zoom in on daily timeframe or just remove the noice and look have beautiful this chart is on weekly timeframe. RNRD is risky - but it could be huge next year - non financial advice. A potential pull back can happen (after the explosion today), but I think the time for a good entry is start to running out. Play it with your risk tolerance.
RLong
by TaTaTaCrypto
Trade signal | Render Token (RNDR) setting up for upto 27% pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with Bitcoin pair. Previously we caught almost 13% pump of RNDR as below: Now on 2-hr time frame, SANTOS is completing the final leg of a bullish AB=CD 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.
RLong
by moon333
RNDR: Overbought at ResistanceTrade setup : Trends have reversed to Uptrend. Price bounced up off of support at $1.30 and broke back above $1.70 resistance and above 200-day MA (~$1.78) to signal resumption of Uptrend. However, price is now very overbought (RSI > 80!) just as it approaches $2.50 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bullish but extremely overbought. (MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $1.70 (previous resistance), then $1.30. The nearest Resistance Zone is $2.50, then $2.90.
RLong
by altFINS
RNDRUSD: Small but steady rise. Expect more aggression soon.Render Token has been steadily rising since the August 28th contact on the HL trendline but more importantly the 1W MA50, which held for the second time since the week of March 6th 2023. The 1W technical outlook is neutral (RSI = 53.781, MACD = 0.060, ADX = 33.069) meaning that there is significant upside potential. The Bullish Cross that is about to be formed on the 1W MACD also reveals that this is only the start of a long term leg. We are aiming at the R2 level (TP = 4.25000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:RENDERUSDLong
by InvestingScope
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