RNDRUSDT on support, likely to head to 2.36The price is at hourly support and expect it to bounce here and target for the next resistance level around 2.36.
Rndrusdtlong
RNDRUSDT right on track towards daily resistanceThis level seems to be resisting the price to go up. The price has reverted back on several occasions. But this time could be different and the price may finally be able to move higher. The swing idea of the price reaching to the daily resistance around 2.08-2.12 is still in play. However, I would also consider taking some profit at 2.025 level as marked on the chart.
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 long from 1.628 up to 1.699As mentioned in the update of the previous post, level around 1.628 was for long. So the trade idea here with the chart. I believe its going higher but first resistance it will face around 1.699. Lets target that first.
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 may have a good bounce from weekly supportThis one seems to be heading for weekly support around 1.70-1.78. That is a zone good for long opportunity. That zone is still 6-10% away from the current price. But if it reaches there, a long would be favorable for a swing trade towards the daily resistance around 2.08-2.12.
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."
RNDRUSDT on 4h support and likely to head to 2.16The price has hit the previous low which is also 4h support zone. I expect the price to bounce here as the long side trade is favorable. The target for this trade shall be at least 2.16 and probably 2.18.
Rndrusdt Retesting Rndrusdt
Retesting big horizontal breakout level on higher time-frame
Incase of succesful breakout expecting massive bullish wave
Keep eyes on it
RNDRUSDT at support, likely to reach 2.34Longed RNDRUSDT from the support zone. Expect it to reach 2.34 level.
RNDRUSDT a long favorable from 2.36There was short trade opportunity from the target of the previous long trade. I had an order open overnight and closed that short now. I believe now there is a long opportunity with some profit if price moves to 2.36 level. The target shall be 2.423.
RNDRUSDT likely to head towards 2.488Bought some RNDR again at 2.386 for a target up to 2.488.It seems the price wants to move up to the next resistance zone after a bit of pullback from the current resistance zone.
RNDRUSDT likely to head to 2.436The price is at hourly support zone. A long is favorable here for a target to 2.436. However, there is chance that it breaks this support before bouncing enough from this support and reaching the trade target. In that case a long from 4h support zone 2.24-2.27 will be favorable.
RNDRUSDT on 4h support and likely to head up to 2.05The price is bouncing off of 4h support zone. This one was showing strength in spite of BTC drop. However, in the last few hours it dropped considerably. But this would be the strong ones to recover on reversal. I believe this is a sign for at least short term reversal and favors a long here towards 2.05 area.
Rndrusdt Double Breakout Rndrusdt
Hello traders,
I would like to share with you a potential trading opportunity based on the technical analysis of the market. The descending channel breakout and retest have already been confirmed, which is a strong signal that the trend is reversing. Additionally, a bullish symmetrical triangle pattern has formed, indicating that the price is likely to break out to the upside.
If the breakout is successful, we can expect to see a 30-50% bullish move in the coming days. However, it is important to note that there is always a risk involved in trading, and it is essential to use proper risk management techniques and follow your trading plan.
As always, it is recommended to wait for confirmation before taking any positions. In this case, a confirmation would be a strong bullish candlestick closing above the triangle's upper trendline, indicating that the breakout is valid. On the other hand, a failure to break out could lead to a downside move, and traders should be prepared for both scenarios.
Overall, the descending channel breakout and the bullish symmetrical triangle pattern suggest that a potential bullish move is on the horizon. Keep an eye on this market and be prepared to take advantage of any trading opportunities that arise. Happy trading!
Please keep in mind that our ideas are based on our experience and knowledge, and may not be completely accurate as the market is always unpredictable and anything can happen at any time. It is essential to conduct your own research and use your own knowledge when trading. If you are happy with our work, join us
RNDR may head up to monthly reistance around 2.6-2.9 zoneThe price has moved up the weekly resistance and closed above it. Now the next target would be the monthly resistance around 2.6-2.9 zone. The price might dip but if the idea is correct it should not lose the daily support marked on the chart.
Rndr | Deciding Level Rndrusdt
Rndr Needs To Break This Trendkine Resistance incase of succesful Breakout expecting 30-50% Bullish move
Remember: These are just ideas that we share from our experience, it does not mean that they will be 100% perfect, anything can happen in the market at any time.
Always manage your risk and trade trade with your own research
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Rndr | Looks Promising Here Rndrusdt
The price is rejecting at the same place for a long time, this time I expect a breakout.
Expect does not mean taking trades, wait for breakout confirmation.
Expect 39-50% Bullish Move i case of breakout.
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
RNDRUSDT likely to head up for next resistance zoneThe price got rejected from the daily resistance and has now hit the support zone. The likelihood of the price to move up here is high. Therefore a long would be favorable here to target the daily resistance zone again.
RNDRUSDT to head up to 30m resistance around 0.98Let us try this long. I think it looks favorable and likelihood is more. It may also go higher but we will evaluate if it reaches that target. As always look for a better entry. Losing the support in green zone is the stop loss.
RNDRUSDT may bounce to 1.084 levelOkay lets try another long from the next 4h support level 4h support 1 zone. Price did not quite touch that zone and have already bounced. If the price touches that zone, it will provide a good entry for that long towards 1.084 level.