RNDR: Will the Bulls Reclaim Their Ground or Face Rejection?Yello, Paradisers! Is #RNDRUSDT gearing up for a significant breakout? Let's dive into the analysis and find out!
💎#RNDR is potentially forming a triple-bottom pattern, indicating a crucial turning point. Over the next few hours, all eyes will be on RNDR as it approaches the formidable resistance zone of $6.90 to $7.20. This range is critical for bulls to conquer if they want to reclaim the major upside range between $7.20 to $11.55.
💎Initial strong resistance lies between $6.90 to $7.20. A successful break above $7.20 will push RNDR towards the minor resistance at $7.80. Bulls' Battleground between 6.90 to 7.80 will be a tough area for the bulls to conquer. Clearing this zone could lead to a significant upside, targeting primarily the 9.50 to 9.90 levels, with potential for further gains. 7.20 is a pivotal level and holds the key to unlocking substantial upside potential.
💎Bulls now have a strong supportive base between 6.0 to 5.90 levels. Any push back into this range would make it difficult for sellers to penetrate any further lower.
Stay sharp, Paradisers, and monitor these key levels closely. Discipline and patience are essential for navigating these volatile times.
MyCryptoParadise
iFeel the success🌴
Rndrusdtidea
#RNDR Trade Setup (SPOT)RNDR looks promising, like many other coins. My plan is to dollar-cost average (DCA) on dips, and I already hold it with an average entry of $5.85. Once it flips the $8 area, it could go parabolic with a target of nearly $30+. Is it likely to happen? No one knows, but fundamentally, RNDR is one of the strongest coins, potentially offering good returns during the alt season.
Best Entry: $5 - $6.45
Targets: $10, $18, $25, $30
I'm not considering any stop-loss (SL) here, as the project's fundamentals are solid, and DCA remains the most successful strategy.
Remember the aim is to add during the green days, not the green ones.
If you get in, try to DCA without fear and always keep USDT in reserve, never go all in at once.
DYOR, NFA
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#PEACE
RNDR || Take Profit 50% As simply shown,
RNDR targeting 50% within a few days as the coin has formed very strong signals to turn on the rocket to the sky!
RNDRUSD 1WRNDR ~ 1W
#RNDR Make purchases gradually after successfully breaking through the resistance line of this pattern, with a minimum target of 15%+
#RNDR Up 15% what's next?#RNDR: Played out perfectly! Up 15% from the average entry.
Target 1: ✅
Approaching the second and third targets.
Hope you didn’t miss this one!
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#PEACE
#RNDR Scalp Trade Setups!CRYPTOCAP:RNDR AnalysisRisk/Reward: Looking promising.
The breakout has occurred, and we're currently seeing a retest.
TBH, everything looks good for altcoins unless BTC makes an unexpected move at the Monday open. Keep an eye on it. I've entered the trade, taking the risk.
Accumulation Zone: $9.88 to $10.40
Targets: $10.87, $11.45, $12.22
Stop Loss: $9.75
dyor, nfa
#RNDR
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RNDR next leg up soon !RNDR / USDT
One of top favorite coins in this cycle
The chart says it all :
– Positive retest of 2nd weekly S/R
– potential breakout of current accumulation range
If no more BTC drama Next leg up should be very soon
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
RNDR possible playout !RNDR / USDT
On the chart we can see giant Cup and handle pattern breakout
A very potential move i see on a breakout like this it can go all the way up until ATH and if able to break it will fly in a new price discovery mode
Note : This currency is above our entry by +30%
RNDR/USDT In the Crucial Area. Break out or rejected ??💎 RNDR has been garnering considerable attention in the market, though it has faced challenges in breaching a strong resistance area. Recently, RNDR experienced a setback after being rejected upon reaching this zone. A successful breakthrough of this resistance probability could lead to a significant upward trend, taking RNDR towards our set target.
💎 However, if RNDR struggles to break out and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in RNDR reversing its course back towards the support area.
💎 In the support zone, it's crucial for RNDR to demonstrate a robust recovery and attempt to overcome the resistance once more. If RNDR fails to show a positive response at the support area and breaks down further, it could indicate a shift back to a bearish trend. This could lead RNDR into a downward movement, potentially heading towards the bullish OB area.
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."
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Curection midle-term (RNDR)❤️❤️Thanks for boosting 🚀 and supporting us!
📈we have big shadow in down-trend so this watched that start big renge or bearish trend.
📊 (sell) : 4.350
🔴 Stop Loss : 4.064
🎯 Take Profit : 3.796 - 3.490 - 3.227 - 2.980
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
RNDR heading towards 5 dollar zoneThe price has been rallying upward since it bounced from the monthly support. This has been a very significant move. THere was a weekly resistance on the way which just made the price pause a bit but eventually it went further up. Now the price is aiming for the next resistance which is a weekly resistance labeled as WR1 on the chart. But such resistances do not carry significant value as they are very old one and as it gets older, its effect weakens. And therefore, it should not be attributed a lot of importance, however, it can definitely provide some hints about the price direction by looking at the price action when the price hits this area. Anyways, long story short, I think the price is definitely going to aim for that resistance irrespective of what it does after that.
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📈break resistance and start bull-trend by big candle.
📊 (Buy) : 2.886$
🔴 Stop Loss : 2.717$
🎯 Take Profit : 3.199 -3.434$
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RNDR target 5.512h time frame
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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
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 SHORT⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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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 on daily resistance, likely to pullback to 2.068The price hit the daily resistance DR1 and currently being pushed down. A short trade is favored by the probability here. The price is likely heading towards the of the daily support zone sitting around 2.02-2.06. The target of the trade should be around 2.068. Other relevant resistance and support levels are also marked on the chart. In general on larger time frame, I think the price is heading for the weekly resistance WR1 around 2.6-2.75. But for this post, lets focus on this short trade setup.
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.