RENDERUSDT trade ideas
RENDER target 7.444h time frame
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Entry: $4.8
TP: $7.44
SL: $4.11
RR: 3.74
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(1) Potential rounding bottom on 1h
(2) Getting support twice at Fib projection 0.382
(3) Depend on time and space analysis, it might go over $7 before October
(4) Fib projection 1.13~1.272 is the target range around $7~$7.45
(5) Stop loss once going below $4.11
#RENDER Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
RENDER is facing resistance at the 50 EMA, and to continue its rebound, it must break above this level.
The price is gaining strong momentum, and as long as RENDER maintains the support trendline, we can expect the rally to continue.
If a rejection occurs, the lower support could present a good entry range for RENDER.
Key levels:
- Primary Resistance: $5.427.
- Initial Target: $8.02
- Primary Support: $4.09.
- Lower Support/Good Entry: $3.38.
DYOR, NFA.
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Render(swing) 9724Ive been bearish for a while now and sitting in cash. Taking a pop at Render here for a trade. NO HODL BRO BS. Just going to get my percentage and dump it. Or cut my losses /tight stop.
I'm still bearish af on crypto but it will never go straight down. It moves in waves up and down. But it has still moved up too much imo without creating real levels of support in all charts
$RENDER Accumulation ZoneCRYPTOCAP:RENDER pulled up 90% increase from the lows, and it's being rejected again from dema200
RENDER is sought to be the leading AI/DePIN (Decentralized physical infrastructure networks) project riding the Nvidia hype.
However, Nvidia slumped after earnings beat.
Support level I'm looking now is around $4.20 to $4, lose this level then will definitely set for lower floor $2.60 to $1.30 where I would be looking to accumulate.
RENDERUSDT A Bullish Breakout or a Trap? Watch close this!RENDERUSDT – A Bullish Breakout or a Trap?
Yello, Paradisers! Are you ready for the next potential move in #RENDERUSDT? Let’s get into the details.
💎#RENDER has broken out of a descending channel, which is typically a bullish sign. The current price is likely to test the support zone between $5.65 - $5.336 before continuing its upward movement. If this support holds, we could see the price push towards the next resistance area. However, for RENDER to continue its ascent, it must break through this resistance zone to reach our target at the strong resistance level.
💎On the flip side, if RENDER fails to rebound from the $5.336 support and breaks below it, there's a high probability that the price could drop to the $4.37 demand zone. This area is crucial, as it has previously served as a strong base where many buyers have stepped in.
💎The bullish scenario would be invalidated if RENDER's daily candle closes below the $4.37 demand level. This area marks the previous low, and breaking below it could lead to a new lower low, signaling a deeper correction ahead.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
Is #RENDER still in a downtrend?#Render 1D chart;
Continues the downtrend that started in March with lower highs
It was last downtrending at $6.3 (CHoCH)
A close above the $7.2 level is required before we can talk about a rebound
Otherwise, the levels where it can go by making lower highs;
First OB support at $3.7
If it loses here, the IMB level will be $2.8.
Of course, although its first priority in every upward move is to overcome the previous low peak, it should not be forgotten that the downward trend line (red line) will also act as resistance.
RENDER - Smaller Time Frame View - BullishYesterday i had posted long term view of RENDER. I'm trying to breakdown the final move into smaller waves.
It's going to meltup in months to come.
This is not a trade recommendation or financial advise. Kindly consider proper risk management.
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Quick long trade on RENDERDropped quite a bit below yearly open but already reclaimed this level as we speak. Market in general looks as if wants to go up but still lacks conviction.
Risked a long here on RENDER, first confirmation would be a break above 5$, this level should hold from there. Target around 6.4$.
Stay safe!
RNDR: Render BEST BUY ZonesRENDER is one of my top altcoin pics for 2024.🏆
It increased a generous 305% since the beginning of the year, and a new bullish cycle is likely next s soon as we hit the ideal re-accumulation zones where whales prefer to buy back.
A -77% retracement hit the next major demand zone, where I expect to see a decent bounce. Between this zone and the lower zone , I'd be looking to re-accumulate for a loner term hold position:
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BINANCE:RENDERUSDT
Render Token Pre-... Not So Fast!Render Token Grew by 1,000% since August 2023 through mid-March 2024; an amazing bullish wave.
Since June 2022 when the 2021 bear-market bottom was hit, total growth amounts to 4,900%. That is, between June 2022 and March 2024.
I don't think Render will produce another bull-market in 2025. We are likely to experience a long drawn-out range-bound market. Sideways for a long-time. Based on how the chart looks.
This pair/project would need between 7-9 months just to settle down. Produce a bottom and later on start a recovery followed by a new trend. So if it does go bullish with the rest of the market that would be in late 2025, while everything else can start moving much sooner.
Current price is relatively high compared to the last major low. This major low happened June 2022 at $0.274. Current price sits at $4.69, 1,600% higher.
For our strategy, little- to no risk, we look for bottomed out pairs.
This pair is far away from its bottom...
We will consider the chart again in mid-2025 and depending on how it develops share a new trade-idea with the accumulation zone potential targets. It is too early.
Thank you for reading.
Namaste.