RNDRUSD - Possible Head and Shoulders
To me this looks like a possible Head and Shoulders chart pattern. I am unsure if the dip up at the “head” invalidates this chart pattern and would love to know what you all think? RNDR has been quite bullish lately but going into the weekend we look to be sitting just above the “neckline” of support. If price breaks the neckline, which it currently looks like it is doing just that, we could see a drop down to about $8.7687.
Happy trading!
Happy trading!
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