RNDR/USDT | 4h 👀📈 The price must trade below the gap and touch the demand zone to push the price upward.
📉 Price must show a slow downtrend movement as an indicator for me that buyers on this area is weak.
✅ Stay updated on market news and developments that may influence the price of The Render Network. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
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RNDRUSDT trade ideas
RNDR ready and prepared for a runRNDR looks healthy breakout, targeting the first green line in the near future
RNDRPossible scenario on 1 day time frame, we still have to consider btc bounce in order to achive the targets.
RNDRThe red line is very imp if the candle 4h closed under red line we Expectation can open sell position
RNDR longthe price must trade below the gap and touch the demand zone to push
the price upward. price must show a slow downtrend movement as an indicator
for me that sellers on this area is weak.
RNDR/USDT(Another Bull Rally?!!)RNDR was at the top 10 gainers of all the recent ALTs rally. As there is a big chance of BTC dominance correction so we can expect a ALTs rally soon if BTC doesn't move negetively.
From the chart we can see the price has already touched the LOWER trend line. If it doesn't breakdown the line we can aim the price to UPPER trend line or the resistance zone of 3.043 level. Also the RSI is making a trend line. So, its a good idea to have some buyings here. But its a bit long term scenario.
RED & GREEN lines are indicating RESISTANCE and SUPPORT zones.
BE PATIENT
BE SAFE.
RNDRUSDT Long!!! The red rectangle shows a recurring resistance level. And the Bullish Pennant that just formed on the Daily chart indicates that there is nearly a 60% chance of it to go the end of the yellow line.
The RSI is also indicating that there is enough room for it to move up before being OVERBOUGHT.
This obviously is NOT a financial advice.
rndr shorting in clear traingle am shorting rndrusdt.p
entry piont 1.9957
stop loss 2.1002
take profit 1.7216
reward ratio 2.62
risk depends on your wallet and how you divine it
RNDRUSDT is testing the 2$ areaRNDRUSDT is approaching the dynamic daily resistance level situated around $2. This price level holds psychological significance for traders and investors.
In technical analysis, when a price approaches a resistance level, market participants closely observe the behavior to determine if a breakout is imminent. Should the price of RNDRUSDT successfully surpass the $2 resistance level and establish it as a new support level, it would indicate a significant shift in market sentiment.
According to Plancton's Rules, if the price of RNDRUSDT convincingly breaks above the $2 resistance level and successfully retests it as a new support level, it may present a favorable opportunity for long positions. This means traders would potentially consider entering new long positions, expecting further upward movement in the price.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
RNDRUSD ❕ descending wedgeTrading volumes declined.
The price has formed and continues to move in a descending wedge.
The asset will start rebounding after fixing above the resistance level.
RNDR - LOOKS BULLISH (SOON)Formed Bullish Pennant in case of Breakout Expecting 80 - 85% Bullish MOVE
RNDRUSDTIn case of breaking the trend line in any direction of the position
Wait for confirmation
Please observe the capital management
Rndr Breaking Bullish Pennant Seems Like getting Ready For Another Bullish Impulse Formed & breaking Bullish Pennant Incase Of Successful Breakout Expecting 80 to 85% bullish Rally
long RNDRCRYPTOCAP:RNDR broke through the resistance level. Bullish movement to $2.0 is expected to happen
🔥 RNDR Bullish Channel Reversal With Massive Risk-Reward RNDR is one of the better performing alts of 2023, hence my patience for the token to look for optimal reversal points.
As of today, RNDR has successfully confirmed a potential reversal from the bottom support. This trade is based on the idea that the bottom is in and that the price will reverse back towards the top of the channel.
Target at 3.50, or the top resistance, whichever comes first. Stop below the recent low. Combines, this gives us a very decent R/R of almost 13. Also note that the top resistance is an exact copy of the bottom support.
Render Ready For A 50% Cut?As the market begins to show signs of weakness at macro resistance a lot of assets are looking at a possible retrace if BTC fails to brake above 32k.
Looking at the daily close line chart of Render a 50% cut brings price right into typical technical levels for a macro "bullish retrace".
So far we can see that the long running up trend has broken to the down side and if it fails to reclaim it soon a 50% becomes a more likely reality.
Looking at the money flow on wave trend indicators we can also bearish divergence forming as price put in a higher while the money flow is putting in a lower high.
RNDR Finally Breaking Out?A few days ago, I conducted an analysis of the Render currency and said that the currency had reached the support area, and investors started buying
you can check idea in profile
targets
2.1$
stop lose
1.84
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RNDR could be moving downI'm in short on RNDR, and I'm looking for that red support at 1.788. My TP is just shy of it at 1.791... The support zone below it might touch as well, but not before a bounce at the first one in my opinion. I'll re-evaluate at that time if I want to enter another short. This is not advice.
A good sale in a bear marketHello guys, as you can see, the price of important roofs has broken down and you have seen a double roof, the second roof is lower than the first roof, which is very important and can be a good selling situation, thank you.
RNDR/USDT 🎯🏆✅Hey guys this is a highly possible path of RNDR , it's long with low risk mode
Comment your idea don't forget to folllow!✅
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.
rndr dump alertrndr shows 3d H&S pattern, be careful out there. It could dump 30-50% from the current price
