RENDER Coin Buy Trade Analysis and Future Movement ExpectationsHello, today's analysis is about BINANCE:RENDERUSDT.P . The trade will be a buy, and we expect the currency to continue its upward movement. However, if the price reaches the 4H line, in this case, we will wait for the price to return to our entry zone before closing the trade.
If the price closes above the TP1 line, we expect it to continue rising toward TP2.
RENDERUSDT trade ideas
TradeCityPro | RENDERUSDT Analysis Continued Uptrend?👋 Welcome to the TradeCityPro channel!
Let’s analyze RENDER, a popular crypto project in the graphics card and infrastructure domain, which also operates as a Layer 2 solution.
🌍 Bitcoin's Market Overview
As always, before diving into RENDER, we take a quick look at Bitcoin. According to prior analyses, the recent red candles are purely corrective and indicate no major trend reversal. Corrections are healthy for any uptrend. Bitcoin is showing renewed green candles, with a 4% rise today.
After breaking 94,859, you can open long positions. However, due to the decreasing Bitcoin dominance (BTC.D), this level can also be considered a confirmation for entering altcoins. A further wave of uptrend seems possible.
📊 Weekly Timeframe
RENDER is one of the most bullish altcoins, similar to SOL, SUI, and OM. It has experienced less decline compared to other altcoins, largely due to the hype around Layer 2 and NVIDIA, which boosted this coin before the bull run.
After its upward move and correction from 13.009, it hit the support at 4.405 and formed a green candle that engulfed the prior two candles. This alone serves as a bullish trigger in an uptrend. Currently, it has reached the key resistance level of 7.914.
If this resistance is broken, given the bullish structure in higher time frames and the formation of higher lows, the coin can continue its upward movement. A buy position with a stop loss at the 4.405 level is reasonable. RSI entering the overbought zone can confirm the bullish trend further. If missed, a trigger at 13.009 remains valid.
📈 Daily Timeframe
The primary resistance at 6.999 was broken, but no significant movement occurred afterward. For now, we consider 8.023 as a key trigger level. After its breakout, the price can aim for targets at 9.765 and 11.240.
Additionally, the main resistance level of 13.009 in the higher time frame is adjusted to 11.240 as the broader market has shown more logical reactions to this level.
RSI displays notable divergence, but during a bull run, it is often disregarded. Personally, I prefer taking positions with a stop loss rather than missing the potential movement.
⏱ 4-Hour Timeframe
After breaking 5.198, the coin experienced a solid uptrend. I opened a long position, and if the resistance at 8.094 is broken, I plan to move my stop loss to 6.532. Currently, the price is ranging between 7.18 and 8.09.
📈 Long Position Trigger:
Upon breaking 8.094, I will open another long position and follow the potential continuation. If the price approaches the resistance with strong momentum, I may also set a stop-buy order with a larger stop loss at 7.18.
📉 Short Position Trigger:
For now, no short setups are considered during the bullish trend. If 6.532 is broken, I might only close my long position.
💡 BTC Pair Insight
Compared to Bitcoin, RENDER remains bullish, bouncing strongly from support levels. Breaking its descending trendline reinforces the continuation of its uptrend.
For those needing a trigger, breaking 0.00010090 on its BTC pair confirms further moves, even though by then, its USDT pair may have already pumped 50%. The key movements often come after the trigger.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Render can easily go to $14. HTF order flow playRender can easily go to $14. I have a small position and want to add more. I m not buying just now when it made a 100% move. Most likely some pullback will come.
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
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RENDER | Characteristic of a ConsolidationYou can jump in to the train anywhere below 0.5.
RENDER is completing this type of consolidation in this way, but if it loses here, I can also evaluate the lower regions as a purchase. I had previously purchased RENDER at an average of $5.5 and shared my analysis here.
If we go below $6.961 we might see a pullback till $6.330.
My Previous Ideas
DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it.
RENDERUSDT.P | HTF Accuracy
ETHUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
BNBUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
#RENDER / Ready to go up#RENDER
The price is moving in a descending channel on the 12-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 4.20
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 5.57
First target 6.43
Second target 7.31
Third target 8.18
RENDER USDT TO $14- Claimed 200 EMA and MA on daily
- Retested 200 MA on daily
- Claimed 0.382 FIB
- Broke weekly resistance
- Targets: 8.5, 10, 11.5, 14
- Should go much higher than $14 next year
- Super bullish on Render
- AI token with huge narrative and money behind it
- Dips are for buying
- Should really take of when btc.d falls off
Swing trade idea. Kindly follow targets. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, Fibs, MACD, RSI, Stoch, BPI, Cipher, MA/EMA,
Support/Resistance on hourly timeframes and higher time frames.
BINANCE:RENDERUSDT COINBASE:RNDRUSD BINANCE:RENDERUSDT.P COINBASE:RENDERUSD CRYPTO:RENDERUSD BYBIT:RENDERUSDT.P COINBASE:RNDRUSDT OKX:RENDERUSDT BYBIT:RENDERUSDT MEXC:RENDERUSDT.P BITGET:RENDERUSDT.P
RENDERRENDERUSD and RENDERBTC follow the same graph at the moment , however the USD one has broken above the bearish trendline that it had since the beginning of 2024. Once daddy ETH wakes up from it's slumber and pushes towards new highs , this will fly easily.
Obviously DYOR and take this info with grain of salt.
New attempt on RenderI just caught the wick and entered Render long. Took some profit (TP1) already. Now hopefully it gets to TP 2, so I can move SL to BE and ride it risk-free with profits.
DISCLAIMER: I am not providing trading signals or financial advice. The information shared here is solely for my own documentation and to show what I am doing. If you choose to act on any of this information, you do so at your own risk, and I will not be held responsible for any outcomes. Please conduct your own research and make informed decisions.
Here I buy RENDER at $7Here I buy RENDER at $7
With market orders as usual
And RENDER supply shock is happening
They see me buyin, they hatin'
Patrollin' and tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
My music's so loud, I'm swangin'
oh
My greed's so high, I'm fomoin'
They hopin' that the market will crash while I'm buyin
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
Tryna catch me ridin' dirty
CRYPTOCAP:RENDER #RENDER
RENDER SWING LONG IDEA - RENDER COIN RENDER is one of the leading AI and DePIN projects in the crypto market. During the 2023-2024 altcoin bull cycle, this coin achieved a remarkable 10x return, so I recommend keeping a close watch on it.
Technical Analysis: The price recently hit the monthly demand and faced a rejection there during the August 5th dip. This rejection sparked an immediate bullish movement and shifted the weekly structure to bullish. The price also initially pulled back from a bearish trendline responsible for the downtrend since March 2024.
Recently, the price broke through this bearish trendline with strong momentum, highlighting the strength of the trend, and I’m interested in joining the trade after this breakout. My targets are set on the purple levels, and I expect potential upside in the coming months.
SL: $3.98
TP1: $6.80
TP2: $11.90
TP3: $13.80
RENDER TO 7X?The crypto boom has just begun and with BTC making new ATHs i have decided to start sharing some of my personal crypto plays for this cycle. Render is my preferred ai play in the crypto ai space. I've been holding this one since late 2023 and can happily say i believe it is not finished yet and have just added to my position.
It looks to me like we are printing a bull flag on the weekly chart and with a MC of ~2.1B a 40$ price tag is not too unreasonable, especially with the crypto and AI BOOM lately. a 40$ render from current levels can put us right around a 7X return.
I'll be monitoring this weekly, best of luck!
Buy Trade for RENDER: Capitalizing on Decentralized GPU PowerDescrizione:
This trading idea focuses on RENDER, a cryptocurrency that powers a decentralized network for rendering 3D graphics and digital content. The Render Network utilizes idle GPU computing power from participants, creating an efficient and cost-effective way to produce high-quality visual content. With the increasing demand for digital assets, gaming, AR/VR experiences, and the metaverse, RENDER is positioned to be a key enabler in transforming how digital content is created and delivered across various platforms.
By tapping into the power of decentralized computing, RENDER has shown strong adoption potential and a rapidly growing user base. However, like any cryptocurrency, RENDER is subject to market volatility, influenced by factors such as technological developments, regulatory changes, and broader market sentiment. Caution and a strong risk management strategy are necessary when investing in digital assets.
Disclaimer:
This trading idea is provided for educational purposes only and should not be interpreted as financial advice. Investing in cryptocurrencies, including RENDER, involves significant risk and the possibility of a total loss of your capital. Conduct thorough research, evaluate your financial position carefully, and seek the advice of a financial professional before making any trading or investment decisions. Past performance is not indicative of future results.
Renderusdt trade opportunityRenderUSDT is displaying a classic cup and handle formation, with the price breaking decisively above the neckline and showing strength in holding this level. A recent pullback tested but was rejected from the immediate demand area above the neckline, establishing this zone as a strategic accumulation point. The final target for this setup is indicated on the chart.