$RNDR LONG | NEW ATH | +40%CRYPTOCAP:RNDR has formed a cup and handle that can potentially breakout to a new all-time high at ~$15.30. This would be +40% from the neckline. Wait for a retest of the neckline at $11, which also happens to be the volume point of control. Once a breakout occurs from the neckline, jumping into a long position is likely to be profitable. Set appropriate SLs and TPs, and good luck!
Rndrlong
#RNDR/USDT#RNDR
The price is moving in a bearish channel on a 12-hour frame and is adhering to it to a large extent. It has been penetrated upward and the channel is being retested.
The price rebounded well from the green support area at the 6.70 support level, which is a strong level
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 8.80
First goal 11.26
The second goal is 13.00
The third goal is 15.00
RNDR BULLISH LONG IDEAS RNDR last bottom zone is $ 6 for me and I think I will buy from there if it falls. I think these two scenarios will develop, stay tuned. fibonacci levels are very important.
RNDR LONG SETUPCRYPTOCAP:RNDR play when we take back SSL as support...
Patience...
#trading
@rendernetwork
Target 3Following weekly chart.
My 2 indicator gave a green light for a long signal, also it's ready to break cup & handle formation.
TP 3
SL 1.23 - wait for weekly candle close.
RNDR, Render 2.6?What is RNDR?
RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token. During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.
How does RNDR work
RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators). RNDR utilizes a combination manual and automatic proof of work system, or in this case proof of render, in order to verify all art has been successfully rendered prior to payment disbursal and art release. Utilizing the inherent security properties of the Ethereum blockchain, proprietary assets are hashed upon upload and sent to nodes piecemeal for rendering. All RNDR payments are stored in escrow during rendering, and are released to node operators upon manual verification by the commissioning artist of successful work. To prevent malicious actors in both user bases, all assets rendered on the network are watermarked until payment is successfully disbursed, upon which time un-watermarked renderings may be downloaded, and all payment is held in escrow until manually verified as being correctly rendered.
About RNDR
Backed by parent company OTOY, the RNDR team is based out of Los Angeles, with team members throughout the world. The RNDR advisory board boasts industry leaders such as Ari Emanuel (Co-Founder and Co-CEO, WME), JJ Abrams (Chairman and CEO, Bad Robot Productions) and Brendan Eich (Founder and CEO, Brave Software and BAT), who have all advised RNDR in various capacities in bridging the gap between creating a system that appeals to both cryptocurrency communities and Hollywood studio production pipelines.
RNDR good entry at 2.51D time frame
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RNDR creating a symmetrical triangle.
2.5 is a great entry to open long.
Target: 3.8
SL: 2.5
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.
RNDRUSDT well on its way to first 1.857 and then prob 2.08So the area 1.748 was a good level to book profit and load a bit lower. I think this one is still good for moving up and should not lose the last low. As mentioned again, the next level to watch and book profit for is 1.857.
RNDRUSDT moving up nicely and targeting daily resistanceIf long from the bottom of the support zone as suggested in the last post and several updates, reducing some size at 1.857 will not be a bad idea. I believe there will be an opportunity to add the size a bit lower from there. Anyways the swing trade to daily resistance remains valid. However, such reducing and increasing the size allows to benefit from the lower time frame movements.
RNDRUSDT long ideaThis can be a good scenario for a long position. We have both static support and dynamic support at this point. There is also a possibility of a head and shoulder pattern forming. The numbers in the chart do not mean my entry or exit point and I will enter the position after confirmation
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
RNDR Finishing its ABC waveRNDR Finishing its ABC wave, might see an upward movement from here for a while.
Good luck.
Buying $RNDR hereTrade type AAA
Confluences:
- 30 mins TF has closed bullish engulfing.
- Sell-side liquidity has not yer been cleared. This is at 2.140
- Overall bullish
- BTC has not yet hit 32k (my target)
RNDR LONG term trade ideaThis is my outcome throughout 2023 for RNDR. I am expecting this play to take place throughout 2023
RNDR longRNDR bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 1.395 is expected to happen.
RNDR Idea and Signal for long termBINANCE:RNDRUSD BINANCE:RNDRUSDT
RNDRUSDT and RNDR Analysis
Summary!
After the price chart crosses the 50 Day SMA, it's a great position to enter a buy trade.
Note: When price hitting the Simple Moving Average, we see a temporary pullback.
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
RNDR hit the daily support, may head up around 1.33The price is currently trading inside the daily support zone. It is likely that the price will aim for the next resistance around 1.33 area and therefore a long may be favorable here.
RNDRUSDT to head for daily resistance zoneThe price is currently heading towards the next daily resistance. It is likely that the price will hit that daily resistance zone before experiencing any sizable pullback. If the price traces back to the next daily support before hitting the daily resistance, a long would be favorable to the daily resistance. No shorting till the price action shows any sign of weakness.
RNDRUSDT to head up for daily resistance zoneThe price has broken down from daily support and now it is trading under daily resistance 1 zone. The price has a probability to aim for the daily resistance 1 zone around 1.206. It will then pushed back by the resistance. We will see how is the rejection from there to figure out next probable direction of the price action.
RNDR long position#RNDR update...
Looking for a long to wipe out 4h #FVG and leaving a moonbag after...
I expect $RNDR to go up at least 0.5 fib... But will play it safe as markets are closed...
RNDRHello dear traders and my subscribers 👥, please if you like ideas do not forget to support it with your boost 🚀
RNDR LONG SETUPcoin $RNDR looks interesting to be LONG, $RNDR has broken out the bearish trendline.
Long $ RNDR in the area of $ 1.7 to $ 1.65, for stop loss is at $ 1.5, long target $ RNDR is at $ 2
Render Token (RNDR) formed bullish Gartley for upto 31.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR).
Prviously we caught more than 273% pump of RNDR token as below:
On a 4-hr time frame, RNDR with BTC pair has formed a bullish Gartley move for anaother 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
