Finally Rndr Breaking out Seems Like Ready For Massive Bounce
Breaking Descending Broadening Wedge Incase Of successful Breakout Expecting 25 to 30% Bullish move
RNDRUSDT trade ideas
RNDR daily closeWhen render closes today above 1.40 i believe we have a range to 1.56 to trade in with 1.40 as support after we confirm the inside of the box as support 1.56 and above then i think we will be secure to push for new local highs
RNDR Idea and Signal for long termBINANCE:RNDRUSD BINANCE:RNDRUSDT
RNDRUSDT and RNDR Analysis
Summary!
After the price chart crosses the 50 Day SMA, it's a great position to enter a buy trade.
Note: When price hitting the Simple Moving Average, we see a temporary pullback.
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
RNDR hit the daily support, may head up around 1.33The price is currently trading inside the daily support zone. It is likely that the price will aim for the next resistance around 1.33 area and therefore a long may be favorable here.
RNDRUSDT to head for daily resistance zoneThe price is currently heading towards the next daily resistance. It is likely that the price will hit that daily resistance zone before experiencing any sizable pullback. If the price traces back to the next daily support before hitting the daily resistance, a long would be favorable to the daily resistance. No shorting till the price action shows any sign of weakness.
RNDRUSDT AT A GOOD REGION TO BUY FOR LONG POSITIONRENDER (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out.
RNDRUSDT IdeaBINANCE:RNDRUSDT BINGX:RNDRUSDT CRYPTO:RNDRUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
RNDR looks like it had a nice runPrice bounced right on the Golden Pocket area( golden box above) and looks like it may be heading to the buy area again. Could be used for a "Buy the dip" Setup or for a neutral setup.
RNDR likely to head to 4h support zone around 0.930The short was expected from 4h resistance zone. However, we missed the ideal short entry at the start of S1 path as that was an expected retest of that resistance zone and provided an ideal short entry. But now S1 path is almost on completion. However, I believe there is still a short trade to be taken at the end of path L2. That may also extend to the resistance zone and if taken there can be the optimum entry. After that the price is expected to head to 4h support zone around 0.930.
RNDRUSDT to head up to 30m resistance around 0.98Let us try this long. I think it looks favorable and likelihood is more. It may also go higher but we will evaluate if it reaches that target. As always look for a better entry. Losing the support in green zone is the stop loss.
RNDRUSDT hit the resistance, likely to head down to 0.930-0.940The price hit the daily resistance zone and now getting pushed back down. It is likely that the price will revisit the support zone marked on the chart around 0.930 - 0.940.
RNDRUSDT heading for daily support around 0.89The price seems to be getting attracted towards the daily support 1 region. The 4h support it broke was probable as it was not a strong one. I believe a good bounce is expected from the daily support around 0.89.
RNDRUSDT may bounce to 1.084 levelOkay lets try another long from the next 4h support level 4h support 1 zone. Price did not quite touch that zone and have already bounced. If the price touches that zone, it will provide a good entry for that long towards 1.084 level.
RNDRUSDT to head up for daily resistance zoneThe price has broken down from daily support and now it is trading under daily resistance 1 zone. The price has a probability to aim for the daily resistance 1 zone around 1.206. It will then pushed back by the resistance. We will see how is the rejection from there to figure out next probable direction of the price action.
Rndr Forming Falling Wedge Forming Falling Wedge In h4 Timeframe
Also Testing Crucial horizontal Resistance Incase Of Horizontal + Trendline Resistance Breakout Expecting Another 45 to 50% bullish move
RNDRUsdt double toprender after double top pathern now can more correction and after that can start for big move
remember this is good project and powerfull fundamental.
now prize battle with first resistance after that have mre and now below powerfull resistance Area
wait and on entrypoint buy.
this double top patern have finish we going to 0.70. but it think before that can back and start new rally
GL
EntryPoint:
1.1154
Supports:
0.9719
0.7994
0.6974
Resistances:
1.2413
1.2693
1.4413
Targets:
1.7518
2.2415
2.7386
3.3593
Midtime:
4.4645
6.4283
HODL:
10.1899
13.0105
18.3617
GL
RNDR long position#RNDR update...
Looking for a long to wipe out 4h #FVG and leaving a moonbag after...
I expect $RNDR to go up at least 0.5 fib... But will play it safe as markets are closed...
