Rndrusdt Double Breakout Rndrusdt
Hello traders,
I would like to share with you a potential trading opportunity based on the technical analysis of the market. The descending channel breakout and retest have already been confirmed, which is a strong signal that the trend is reversing. Additionally, a bullish symmetrical triangle pattern has formed, indicating that the price is likely to break out to the upside.
If the breakout is successful, we can expect to see a 30-50% bullish move in the coming days. However, it is important to note that there is always a risk involved in trading, and it is essential to use proper risk management techniques and follow your trading plan.
As always, it is recommended to wait for confirmation before taking any positions. In this case, a confirmation would be a strong bullish candlestick closing above the triangle's upper trendline, indicating that the breakout is valid. On the other hand, a failure to break out could lead to a downside move, and traders should be prepared for both scenarios.
Overall, the descending channel breakout and the bullish symmetrical triangle pattern suggest that a potential bullish move is on the horizon. Keep an eye on this market and be prepared to take advantage of any trading opportunities that arise. Happy trading!
Please keep in mind that our ideas are based on our experience and knowledge, and may not be completely accurate as the market is always unpredictable and anything can happen at any time. It is essential to conduct your own research and use your own knowledge when trading. If you are happy with our work, join us
RNDRUSDT trade ideas
RNDR may head up to monthly reistance around 2.6-2.9 zoneThe price has moved up the weekly resistance and closed above it. Now the next target would be the monthly resistance around 2.6-2.9 zone. The price might dip but if the idea is correct it should not lose the daily support marked on the chart.
RNDR LONG term trade ideaThis is my outcome throughout 2023 for RNDR. I am expecting this play to take place throughout 2023
Long ideadiffraction and backtesting are to be expected. The risks belong to the buyer and the seller, so it can be tracked.
RNDR CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RNDR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RNDR/USDTThis is my macro view on Render Token.
I'm very bullish on Render for the next bull run but I think it's cooked for now and it's going lower on the HTF.
If I get a chance to accumulate it below $0.30, I will gladly scoop it up.
Currently this looks like a Double Top forming, yet to be confirmed under $1.28.
That is a potential 80% drop from here so don't get chopped here.
Even if you wait for it to break below $1.28 you won't miss the big move.
Be wise, patience is the key.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
RNDR longRNDR bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 1.395 is expected to happen.
RNDR Breakout RetestKeeping an eye on RNDR . If the crypto market keeps going up, expecting this one to be one of the better performers.
Rndr | Deciding Level Rndrusdt
Rndr Needs To Break This Trendkine Resistance incase of succesful Breakout expecting 30-50% Bullish move
Remember: These are just ideas that we share from our experience, it does not mean that they will be 100% perfect, anything can happen in the market at any time.
Always manage your risk and trade trade with your own research
If you are satisfied with our work then join
Symmetrical Triangle with a potentially big move for RNDR tokenRNDR has been poised for a large move to the up or downside in the coming days. If BTC behaves itself and RNDR stays strong we might see a large explosive uptrend. I am currently not trading this and hold a good sized bag long term with my earliest entry around 50 cents. I plan to trade a confirmed breakout with low leverage if the trend breaks to either side.
Rndr | Looks Promising Here Rndrusdt
The price is rejecting at the same place for a long time, this time I expect a breakout.
Expect does not mean taking trades, wait for breakout confirmation.
Expect 39-50% Bullish Move i case of breakout.
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
long RNDR$RNDR bounced off the support level. Bullish movement to resistance level at 1.46$ is likely to happen next.
Rndr Forming Bullish Flag seems Like rndr will Continue Its bullish Momentum
Forming Bullish Flag In h8 Timeframe Incase Of breakout Expecting 60 to 70% bullish move
RNDRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RNDRUSDT
R1 and R2 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 and S2 which are our support areas; containing the support of price at various points. At the moment, we see the price is on a decline after being rejected at R1 and it is fluctuating over S1 area. We believe when the price falls to the bottom of S1 by continuing its decline and then via providing us some confirmation candles for the purpose of a rise, more increase is expected for it to reach R1 or even by more fixation and fluctuation over there, more rise would happen definitely to R2; that is a great point for saving profits. But by the time the price loses the support and is rejected at any points especially at R1, or even by falling below S1, clearly it faces more decline down to our second support area. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. We recommend you to active your stop-loss for experiencing more logical trades due to the unstable situation of the market. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
H&S on RNDRClear Head & Shoulders, the target price to the downside coincides with the previous support and liquidity zone, it would also be a retest of the 200-day moving average (I used a 182 days MA which to me makes more sense as it is half a year).
RNDRUSDT likely to head up for next resistance zoneThe price got rejected from the daily resistance and has now hit the support zone. The likelihood of the price to move up here is high. Therefore a long would be favorable here to target the daily resistance zone again.
RNDRUSDT Is Making Triangle.RNDR is making triangle. we can do short after breakout and retest.
Not A Financial Advice.
RNDRUSDT likely to aim for daily supportIt looks like the price would like to head for daily support area. A short is favorable here.
Which Patterns will form?Hello folks!
Analyzing the Render chart. I would say that we have 3 paths to go, Ascending, Cup & Handle or Head & Shoulders (separated by colors).
Let´s see in the next days how the things is gonna form.
Trade safe.
H.M.
