5th wave push up for RENDERLooks like Render is approaching Support and should bounce for a nice long position with minimal loss if trade goes south. 10 to 20 X your money possible.RLongby shafferbrian54
Power of 3 Rndr setup or Order block set upCHart shows entry off a power of 3 or an entry off the daily orderblockRby kaynestanwayb113
RNDR PO3 ChartChart shows a rndr PO3 set up Or a bounce into the order blovk followed by bullish continuationRby kaynestanwayb1
RENDER Targets $8.10When you take a look at the chart, you can see that render has lost some buyers and has now flipped an important support into resistance. The area with the most volume, is the May POC. if we can bounce from that level, a 15% increase to the previous resistance can happen. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.Rby Navitility2
RNDR - Pixel perfect!Previous RNDR idea played out exactly as we thought. One of the reasons I started shorting this, is how perfectly it was painting a complacency bounce, next to EMA shenanigans we talked about. Now we are at big boss level: Daily EMA 100 Bulls really want to see this hold imo. Although losing it on a weekend is not that bad, as long as we reclaim it on Monday. One important factor here is sentiment: You learn a lot about other people's positioning by posting counterflow ideas about a coin. If you get comments like "happy liquidation" and price isn't moving past resistance on green days, that's a really good indicator to get positioned for the other side. For crypto, my golden rule has become: Sentiment > Price > Fundamentals We trade pvp against other anons with less patience and discipline than us. Sad as it may be, you'd do well to never ever forget that. NVDA can discover the cure to cancer all of a sudden, it doesn't change anything about the poorly positioned toplongers for RNDR. Twitter shows the path. The chart confirms. All the rest is noise.Rby Tealstreet116
RNDR Long Trade SetupCurrent Situation: Price Level: RNDR has been trading in a tight range with low volatility, indicated by the narrow Bollinger Band width. Technical Support: The Simple Moving Average (SMA) is acting as support for the price. Bullish Bias: The price structure remains positive, suggesting potential for an upward move. Upcoming Event: Apple’s WWDC on June 10th could be a catalyst for increased volatility, especially if there are mentions of AI, Octane, or Render, which are known to influence RNDR. Trade Strategy: Entry Point: Enter a long position around $9.75. Take Profit Targets: First Target: $11.60 Second Target: $13.80 Stop Loss: Set a stop loss at $9.00 to manage risk. Summary: RNDR is currently in a period of low volatility but is positioned for potential bullish movement, especially with the upcoming Apple WWDC event, which could act as a catalyst. The trade strategy involves entering at $9.75, with profit targets at $11.60 and $13.80. The stop loss is set at $9.00 to limit potential losses.RLongby Richtv_official4
RNDRUSDT-Symmetrical Triangle FormationRNDRUSDT-Symmetrical Triangle Formation is done in daily timeframe buy from here RLongby AvaSmithTrades2
RNDRUSD 1WRNDR ~ 1W #RNDR Make purchases gradually after successfully breaking through the resistance line of this pattern, with a minimum target of 15%+RLongby CryptoNuclear1
RNDRUSDT ready to follow Bitcoin higherEnF Breakout Strategy signaled a BUY on RNDRUSDT See idea for breakout entry, targets and stoploss Only enter the trade when the price breaks above entry Check out more on the script: To get access to this script, DM meRLongby EbbNFlo_Trading0
RNDR - what's below the line? let's find out!Took a short on RNDR here.I'll be happy with one more push up like in the image. The "support" on RNDR here seems very sus. EMAs usually don't provide support like this, it's more tap and go. This seems like somebody is trying to protect a previous position, curious to see what we find below that line. Target is D1 EMA 100, then we see. RShortby Tealstreet7
RNDR clinging on to W ema12. Ultratight and volatility incoming RNDR has been sideways for ages trying for a W HL . its gonna be time for a break pretty soon. Rby ChartmanChris4
\RNDR/USDT: Key Support and Resistance Analysis **Chart Description:** This analysis of RNDR/USDT on a 4-hour chart highlights the significant price levels that could dictate future price movements. We observe a well-defined support zone around $9.70, where price has rebounded multiple times, indicating strong buying interest. Conversely, the resistance zone is set near $11.24, aligning with the 0.6 Fibonacci retracement level of the recent price drop, suggesting a potential area of selling pressure. **Key Features:** - **Support Zone:** The green highlighted area around $9.70 has acted as a strong foundation for price, preventing further declines and indicating a consolidation phase. - **Resistance Zone:** The red highlighted area near $11.24 corresponds to the 0.6 Fibonacci level, which may act as a barrier for upward price movements. - **Price Action:** Recent trading sessions have shown a compression of price movements, suggesting indecision among traders. **Technical Outlook:** The current setup suggests watching for a breakout above the resistance or a breakdown below the support. A breach above resistance could lead to a test of higher levels, potentially up to the $12.00 mark. Conversely, a drop below the support zone might push prices down towards the lower boundary of $7.70. **Conclusion:** Traders should monitor these levels closely and adjust their positions accordingly, considering the possibility of price swings between these critical zones. RLongby perotrade10
RNDRUSDTHello friends, today you can review the technical analysis idea on a 1D linear scale chart for RNDRUSDT TARGET 2.90 STOPLOSS 2 Rby berodentist87Updated 3
📈Sunday Market Insights: Navigating the RNDR Coin Waves🌊🔍Let's dive into today's analysis. It's Sunday, and since it's a holiday, the market volume is lower than usual, making market movements less reliable. 📆Coin of the Day: Render Token (RNDR) Today, we're analyzing Render Token (RNDR). I've previously analyzed this coin on the daily timeframe, and I hope you took advantage of the entry points I provided. The project's idea is to provide rendering services for applications that require high GPU power, catering to those who lack the necessary hardware by charging a fee. 🪄Monetizing the Project An attractive aspect of this project is that you can earn by renting out your GPU. However, be cautious not to use your primary GPU for this purpose as it can damage your system. If you're interested in participating, I recommend buying a separate GPU dedicated to this task and assembling it on another system. 🔄Market Condition Analysis Now, let's examine the 4-hour chart. RNDR has created an ascending box and corrected to the 0.382 Fibonacci retracement level. The range of this box is from 11.603 to 9.947. A breakout above this box could signal a continuation of the upward trend, while a breakdown below could push the price down to the 0.5 Fibonacci level, which overlaps with the 9.383 area. 📊Volume Analysis The market volume is gradually decreasing, indicating that traders and whales are hesitant to trade under the current market conditions. As the volume decreases, we get closer to the next market wave. On average, the selling volume is higher than the buying volume, showing a volume divergence. Although the main market trend is bullish, the higher selling volume suggests caution. 📈Long Position Strategy For a long position, the primary trigger is 11.603. After breaking this level, the price could target 13.32. Additionally, the 10.315 level could serve as a secondary trigger for a long position, with an optimistic target of 11.603. I recommend taking profits at a risk-reward ratio of 2 or 3, as the market lacks momentum while it remains between 11.603 and 9.947, which doesn't support higher risk-reward ratios. 📉Short Position Strategy For a short position, the only viable trigger based on my strategy is 9.947. Breaking this level could lead to a new phase of correction. 🚨Important Note This analysis is intended for futures trading. If you've made a spot purchase based on my previous analysis, stick to your stop-loss and don't sell based on the short triggers provided here. These entry points are for the futures market and short-term trades. 📝In summary, while RNDR presents potential opportunities, it's essential to remain cautious and adapt your strategies based on the market conditions and volume trends. If you enjoyed this analysis and want to support me, please boost this post. Feel free to leave a comment or suggest a specific coin for future analysis. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2. 🫶If you enjoyed this analysis and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.Rby itsparham967
RNDR setting up for 4 h Adam and Eve pattern. RNDR setting up for 4 h Adam and Eve pattern. technically W consolidation underway. Easy to buy for a W bullfagg with a stop under the H rounding bottom low. Rounding formations are great setups for low risk entries, you know quickly if you are wrong. and if not you get risk free soon.. Rby ChartmanChris4
RNDR ZONE FOR LONG A couple of weeks ago we were looking at the bottom of the rendering for a potential investment. Now he sees a long zone that should hold. We see that the 50DMA is also coming together with a strong support zone. It is important to make a good risk reward, as in this case. We are talking about futures trading, which in this case is potential. I can also profit up to 22 dollars if 16 dollars allows it. Next week, important news for NVIDIA, which could further push AI coin, which is also RENDER Feel free to write coins you'd like to see more of and if I see potential I'll postRLongby learnfromfailureUpdated 3
RNDRUSDTfor another my opinion rndr.. this current rndr create base rally base and this is chance for rndr last accumulation before next month.. i think good opurtunity.. NFA..RLongby thesensai3
RNDR: Pullback in UptrendTrade setup : Price is in an Uptrend. It broke out of a Channel Down pattern and reached $12.00 for +50% gain. Now we look for an entry in Uptrend. Pullback to $10 support could be a swing trade entry with +20% upside potential to $12.00 again. Stop Loss (SL) level at $9.20. Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bearish (MACD Line crossed below MACD Signal Line). Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $10.00, then $8.00. Nearest Resistance Zone is $12.00, then $13.80.RLongby altFINS119
RNDRUSDTi'm bullish for rndr. NVDIA bullish strong forescast. reflecting AI momentum. AI sector will be bullish. WWCD Apple 10 june.. RNDR will be sky rocket..RLongby thesensai4
Bottom should be inmy two previous posts were also about RNDR. In here we caught the move up from 9,5$ to 11$, and after that the pullback to the 50ma. I placed my new orders from 10,5 to 10,3$, almost all got hit. I think that the bottom is likely in, NVDA showed strong results so this dump is only created to make you scared and f*** up your longs. Well, are you scared? Good, i just bought your coins ;) The parabolic run to $25 will resume from here imo, stops still right below the 0,5 ($9,5) where I initially bought my RNDR back. I'll update the idea from here! NFA ofcLongby MrOxodon1
0,5 is keyWe're entering wave 5 for RNDR, bullish consolidation above the previous range like we saw numerous times before during this run. Big accounts calling for lower, this could be if bitcoin is gonna make a lower low. I assume the bottom is actually in and like to think the same for RNDR. Up from here, I've put some stops just below the 0,5 in case we retrace deeper (scenario B) Either way 35$ per RNDR is inevitable imo. RLongby MrOxodonUpdated 15
#RNDR Up 15% what's next?#RNDR: Played out perfectly! Up 15% from the average entry. Target 1: ✅ Approaching the second and third targets. Hope you didn’t miss this one! Like & RT for more! Do hit the like button if you want me to post more of these setups! Thank you #PEACERby Cryptorphic12
NVIDIA Earnings May 21 - Will Crypto AI RNDR Heat Up?Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Biggest crypto AI narratives RNDR rose upto 20%. . Now the biggest question is: "Will RNDR token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?" YES , there is HIGH probability of greater reporting earnings by NVIDIA for Q1, 2024. The fact that Taiwan Semiconductor (TSMC) AI chipmaker Q1 earnings came in higher ($7.3 billion) suggests Nvidia’s could reveal the same. Trade Setups with TP, SL and Entry is shown in the chart. Good Luck!!!RLongby halian2k2