Long-Term Accumulation Opportunity in RNDRUSDTI would like to share a long-term accumulation strategy for RNDRUSDT that I've been eyeing.
Chart Patterns and Indicators:
Descending Channel: The price is currently moving within a descending channel, indicating potential breakout opportunities.
Harmonic Pattern (XABCD): The pattern suggests potential reversal points at identified accumulation zones.
Volume Analysis: Increased volume at support levels indicates strong buying interest and validation of accumulation zones.
Current market sentiment shows a mix of consolidation and potential bullish reversal, supported by the harmonic pattern and volume spikes at lower levels.
This long-term accumulation strategy for RNDRUSDT focuses on systematically entering positions at identified support levels and distributing at key resistance points. This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio.
Additional Details about Render Token (RNDR):
Market Cap: Approximately $3.92 billion
Fundamentals: Render Token is a decentralized GPU rendering network that connects artists and studios needing GPU compute power with mining partners willing to rent their GPU capabilities.
Potential: High demand for GPU rendering in the fields of VR, AR, and complex 3D modeling.
Text Help by GPT :P, trust me he is way better at words!
Rndrusdttrade
#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
Let me know your thoughts in the comments section. Please hit the like button if you found this helpful.
Thank you.
#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!
#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!
Like & RT for more!
Do hit the like button if you want me to post more of these setups!
Thank you
#PEACE
Render RNDR price shows strong movementIf we look at the chart of #RNDRUSDT on the daily timeframe, we can see that in recent months, the ‘buyer’ has been aggressively active in the $6-8 range.
Currently, CRYPTOCAP:RNDR is trading in the $10 range, but to be completely convinced of the serious intentions of buyers, I would like to see an aggressive defense of $7.70-8
📝Higher trading volumes in this range, ‘shadows’ on the candles from below, aggressive bounces upwards - all this will indicate that #Render buyers are not planning to let the price go lower.
And this, in turn, will be a good signal to buy the asset with a holding target in the medium to long term.
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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: wait for confirmation📊Analysis by AhmadArz:
🔍Entry: 7.792 - 7.237
🛑Stop Loss: 6.420
🎯Take Profit: 8.736 -9.743 -10.761 -11.915 -12.590
🔗"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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RNDR LONG SETUPCRYPTOCAP:RNDR play when we take back SSL as support...
Patience...
#trading
@rendernetwork
RNDR: good trade 📊Analysis by AhmadArz:
🔍Entry: 11.09
🛑Stop Loss: 10.747
🎯Take Profit: 11.47-12.04-12.71
🔗"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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💻Render(RNDR)💻 can Fall ➖15%✅ Render(RNDR) is one of my favorite cryptocurrency projects .
🚀Earlier, when it was $0.45 , I shared a post with you that until now, RNDR has increased over 😱 ➕1500% 😱.
🏃♂️ RNDR is currently moving near 🟡 Potential Reversal Zone(PRZ)($9.24_$8.28) 🟡.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect RNDR to form an Adam & Adam Double Top (AADT) Pattern and fall to the 🟢 Support zone($6.68-$6.37) 🟢 after breaking the uptrend line and neckline .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Render Analyze (RNDRUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
RNDR is Ready to Explode !RNDR is an uptrend for a while and actually, it hasn't even gave the value it's supposed to give.
What do we have ? Let's discuss:
RNDR will pump more after a small correction according to Elliot wave theory. We are currently in wave 3. But inside that wave three we are about the see corrective wave known as A-B-C .
After the C ends, it will start a new uptrend with a 5 small waves. Because the main trend is going up.
+Nvidia is about the make an operation based on these kinds of products and RNDR is a partner of Nvidia. It can also help the price to pump more.
According to my analysis, RNDR should go 6.5 at least. Of course it's for only wave 3. After correction wave 4, we can expect more.
If you are willing to invest on this product, I'd not suggest to use leverage. There is already high potential gain and no need to risk it with leverage incase of an event after some bad news.
I'll share updates about this one often so you better keep up!
Good luck to us all.
Render completed a setup for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with US Dollar pair.
Previously we caught a almost 111% pump of RNDR as below:
Now on a 2-hr time frame, RNDR has formed a bullish AB=CD move for the next pump.
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 could breakout!!!!RNDR is at the supply zone if this will is flipped then its next target is $4.9625
Entry: closing of 4 hours above the supply zone
TP: 4.9625
SL: 4.119 if 4 4-hour candle closes below the demand zone which is currently a supply zone.
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!
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
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
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.
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
RNDR shortRNDR looks heavy atm... Time for a short position...
It lost the trendline, made a deviation allready...
See chart for more info...
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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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.