🚀 Rndr/Usdt Analysis: 📈The market structure of Rndr/Usdt is indicating a promising setup for a potential breakout.
I am expecting direct breakout of this trend line resistance soon
Please note that this information is not intended as financial advice, rather as an analysis of the current market conditions. 🙅♀️ It's important to conduct further research and consult with a financial advisor before making any investment decisions. 💼💡
Remember, trading involves risks, and it's crucial to consider your own risk tolerance and financial goals. Happy investing! 🌟📊
Rndrusdtlong
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
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RNDRUSDTRNDRUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
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.
RNDR is getting ready for a big moveRNDR is setting up multi time frame squeezes and getting ready for an explosive move. I'm accumulating during any pull backs to $2.90 to 3.20 level.
This is a weekly chart so it will take a few months to play out. My first target is $5.74 and my second take profit target is $13. This is not a financial advice. I'm just sharing what I'm doing.
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$
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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.
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
Render (RNDR) long and hold for whileRender (RNDR) has set a higher low.
If RNDR reclaims 1.66, (0.5 FIB-level), I think it goes for higher highs on weekly time frame (85% gains)
If you have conviction on RNDR this could also be a good DCA spot.
RNDR moves fast, so this long time move can play out faster than you think!
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.
Render Token (RNDR) formed bullish Gartley for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with BTC pair.
Previously we caught more than 12% pump of RNDR as below:
Now on a 4-hr frame, RNDR has formed a bullish Gartley 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.
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 at hourly support, long favorable towards daily resist#RNDR #RNDRUSDT $rndr This one has reached to the level I was expecting since yesterday to have a very nice long trade. Finally it has arrived to the hourly support zone. We had discussed that the price may spike upto 2.35 or so before coming down below daily resistance DR1. And thats why we closed the major long trade at daily resistnace and sinxe then taken a couple of smaller trades in both sides. But now is the price at a level which provides better risk reward and favors a long for a good gain. Lets first target daily resistance zone and then we will see.
RNDRUSDT may head up to 2.35The price is trading at LTF support. The price broke through the daily resistance and moved upward but then came back down and currently trading inside the daily resistance zone. I think a long is favorable here towards 2.35 area.
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.
