#RNDR/USDT#RNDR
The price is moving in a descending channel on the 4-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 3.40
Entry price 4.00
First target 5.00
Second target 6.00
Third target 7.13
Rndrusdtbuy
#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
#RNDRUSDT $RNDRUSDT RNDR going up nearly %20 if it stays 11.060.
Green Box important demand zone. Good Luck.
Strat uptrend(RNDR)📊Analysis by AhmadArz:
Wait for break renge and we can get big target.
🔍Entry: 3.935
🛑Stop Loss: 3.862
🎯Take Profit: 4
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
RNDRUSDT Bulls Take Control, Pushing Price Higher!RNDRUSDT Technical Analysis Update.
RNDRUSDT is currently trading at 3.07
RNDRUSDT Price broke its resistance line with volume, expect a good upmove in RNDR.
If the bullish move continues, the price could hit ATH resistance at $7.75.
Thanks
Hexa
Pollback for Continue bull-trend❤️❤️Thanks for boosting 🚀 and supporting us!
📈break resistance and start bull-trend by big candle.
📊 (Buy) : 2.886$
🔴 Stop Loss : 2.717$
🎯 Take Profit : 3.199 -3.434$
🔗 For more communication with us, send a message in TradingView.
RNDR target 5.512h time frame
-
RNDR is creating a bottom structure under 3, and there is a first pumping wave started from 0.4 to 2.99 which verify the resistance of 3 again. However, RNDR got support on 0.382 Fibonacci Projection and keep pumping, this is a good bullish sign. Through Fib, the first target is around 3.7~4 and next is 5.5, then we can set up a trading plan.
TP: 3.7~4 / 5.5
SL: 1.67150
RNDRUSDT heading towards weekly resistanceThis one is going as per expectation. The monthly support is doing its job and holding the price well and making the price bounce if the price hits that level. High time frame view is still the same and expectation is there that the price will be held by the monthly support and will head towards weekly resistance. I do see that weekly resistance stopping the price and making it stop its upward move at least temporarily but we will reevaluate once the price reaches that resistance zone.
RNDR on monthly support, very likely to head higherAs mentioned in the original post, this one has hit the monthly support and has been since trading around that support zone. The price has bounced from there and I think it is getting ready for the upward move. I think this is a very good opportunity. Even if the price dips again into the support zone, the probability of bouncing from there is very high although I do not see very likely that the price will dip deeper into the support zone again. This is also characterized by the last weekly candle close which rejected any attempt to go lower than the previous weekly low.
RNDRUSDT at monthly support and the support likely to holdThe price has hit the monthly support zone. It has bounced from there but a revisit possibility to that zone cannnot be denied. However, this is a high time frame support and shall hold on monthly basis and therefore offers long opportunity. The first resistance that would be faced by the price in case of upward move is the weekly resistance sitting around 1.63-1.72.
RNDRUSDT long idea from LTFSThe price hit the 4h resistance 4HR1 and git rejected from there. It is currently pulling back. The price may hit the low time frame support LTFS and bounce from there. A long trade is favorable from there towards the 4h resistance zone. The target of this trade should be 2.05-2.06.
RNDRUSDT at daily support, likely to head to 2.07The price is trading close to daily support. It was rejected from the daily resistance and it immediately headed down. I expect the price to bounce from daily support DS1 and therefore a long is favorable from this zone. The price may dip further into the support zone. Therefore, as always, I will add to the position as price moves into that zone.
RNDRUSDT at 4h support, likely to head up to 2.04-2.06The price is once again at the 4h support zone 4HS1 marked on the chart. Once again the long is favorable from here and the price should bounce here towards the daily resistance DR1. Lets take a long here towards 2.04-2.06 target.
RNDRUSDT may aim for daily resistance around 2.27-2.29Story is similar here. The price touched the 4h support zone 4HS1 marked on the chart and bounced from there. Along with BTC push, this also got a chance to move higher. This one is probably clearing its way for daily resistance DR1 which is around 2.27-2.29. The 4h resistance is in the way which may hold the price for a while, but I can see it aiming for the daily resistance DR1.
RNDRUSDT Bearish TrendScript shows bearish trend with no divergence and making consecutive LH's and LL's. Took a short entry at the LL. Will it hit both TPS's?
RNDRUSDT at 4h support, likely to head towards 4h resistanceThe price has hit the 4h support zone 4HS1 again after getting rejected from 4h resistance zone 4HR1. I think this offers an opportunity for a long trade. May cut the trade around 2.07 depending on the price action.
RNDRUSDT at weekly support, long favorable from this levelSo finally the price has come to the weekly support which was long anticipated by us. As planned I have grabbed spot here. Will add to that if it dips into the support zone. Let see where we go from here.
RNDRUSDT likely to head up to 2.06This long is favorable here. It seems the price has been consolidating in the current range for long and it shall be ready to move upward. The target for the long trade should be the 4h resistance zone 4HR1 which is sitting around 2.06 area.
RNDRUSDT at support, likely to head up to 2.31-2.32The price pushed substantially up today. However, in last few hours it has retraced significantly as well. I think the price has now come to a support level from where it has a higher probability of bounce and therefore a long opportunity is favored. The target for this long should be 2.31-2.32.
RNDRUSDT likely to head down for daily support for a bounceThis one seems to be heading for the daily support DS1. I would prefer a long from that zone. Therefore, I will remain patient for a trade with this one. If it does not visit the DS1 zone and moves beyond 2.45, that would also signal to take long trade from other levels. So lets just be patient for a while. I believe the trade opportunity will come to us. The planned trade setup is shown but may differ from the actual trade setup. I will post the actual trade setup when I take it.
RNDRUSDT weekly support an preferable spot buy zoneI am not holding any spot RNDR tokens. I did not know about this one early enough. But I am planning to get some spot buy of this token when the price hits weekly support. Seems a bit far fetched by looking at the chart but its possible that it may revisit that weekly support zone. But I might grab some spot on the daily support zone as well to sell later. Seems like not a bad spot for getting some.
