RENDER shortChart idea when it break the triangle.
If this hits, I would go for a long because we will see a double bottom.
RENDERUSDT trade ideas
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.
RENDER/USDT Sweet Accumulation SpotI'm accumulating RENDER around $3-$5 on spot and plan to hold until 2025-2026. RENDER/USDT will easily retest the $6 mark within the next few weekly candles.
Comment your target RENDER ATH for this cycle below!
RENDER. 4.8. SHORTThe token looks very weak, even compared to the weak market. There are constant sales. Any pullback is for sale. The token is subject to retest at the nearest local level, after which there will be no support.
RENDER NEW VOLUME STARTRENDER seems to enter a new volume start, which can break the trend
At this moment render is interesting for the trend and on this reason we follow it.
Render/usdtRender/usdt H4 frame is showing a buy signal when RSI also shows a divergence of the next bottom higher than the previous bottom, showing strong buying pressure when forming a setup Price actions Pinbar increases right at the support zone of 4.8-5$.
Scalping strategy for surfing at this stage, not holding for a long time.
Buy the zone of 4.8$ - 5$
TP 1: 5.6$
TP 2: 6.6$
TP 3: 7$
SL: 4.64$
Spot odds, not margin and Futures, limit the risk to the lowest level, so please note not to All in to avoid risks to your account. DYOR
Not investment advice, just personal opinion, so everyone should invest with the capital you accept to lose, investing in alcoins at this time is very risky, so take responsibility for your own finances!
Wish you all a peaceful evening BINANCE:RENDERUSDT
What is next for RENDER?Hello everyone,
Here are my targets for RENDER during the bull market, as shown on the chart:
I'm setting the ATH (All-Time High) of this coin at $47 this season. However, as I've mentioned before, you cannot predict what will happen in a bull market. So, I always have a plan B with a more ambitious target of $320.
Although supports and resistances are demonstrated on the chart.
NOTE: RENDER was previously known as RNDR, it`s now migrating on Binance and will be re-listed at 26th of July
I say this because some altcoins will experience significant price surges during the bull market, far exceeding others.
Especially lately, RENDER has migrated to the SOL blockchain. Therefore, if SOL experiences a significant surge, all Solana-related altcoins could see substantial upside movement.
Feel free to ask any questions you may have.
Have a nice day!
Note: Charts and ideas will be updated as necessary.
