Short
#RNDR/USDT 1D (Bybit) Rising wedge breakdown and retest

Render Token pulled back to 50MA resistance and could push a bit higher before resuming the retracement down to 200MA support.
⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%
Current Price:
2.27450
Entry Zone:
2.29510 - 2.52750
Take-Profit Targets:
1) 1.89170
2) 1.50035
3) 1.10905
Stop Targets:
1) 2.84610
Published By: @Zblaba
$CRYPTOCAP:RNDR #RNDRUSDT #Render #AI #BigData #GPU #Web3
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.4% | +83.1% | +118.8%
Possible Loss= -39.7%
Estimated Gaintime= 1-2 months
rendertoken.com
⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%
Current Price:
2.27450
Entry Zone:
2.29510 - 2.52750
Take-Profit Targets:
1) 1.89170
2) 1.50035
3) 1.10905
Stop Targets:
1) 2.84610
Published By: @Zblaba
$CRYPTOCAP:RNDR #RNDRUSDT #Render #AI #BigData #GPU #Web3
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.4% | +83.1% | +118.8%
Possible Loss= -39.7%
Estimated Gaintime= 1-2 months
rendertoken.com
Trade active
Binance Futures, ByBit USDT#RNDR/USDT Entered entry zone ✅
Period: 33 Minutes ⏰
Trade closed: target reached
⚡️⚡️ #RNDR/USDT ⚡️⚡️Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%
Entry Zone:
2.29510 - 2.38440 ✅
Take-Profit Targets:
1) 1.89170 ✅
2) 1.50035
3) 1.10905
Stop Targets:
1) 2.52750
🎯TP1 reached with +1.2R
$CRYPTOCAP:RNDR got rejected on wedge retest and went back down as planned, SL edited above entry now.
Trade closed: target reached
⚡️⚡️ #RNDR/USDT ⚡️⚡️Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%
Entry Zone:
2.29510 - 2.38440 ✅
Take-Profit Targets:
1) 1.89170 ✅
2) 1.50040 ✅
3) 1.10905
Stop Targets:
1) 2.29510
Published By: @Zblaba
🎯#RNDRUSDT 1D (ByBit) TP2 reached with +2.1R
$CRYPTOCAP_OLD:RNDR continued with the retracement down and now 50MA & 200MA are about to death cross.
Final target is still in play, SL adjusted below entry to protect the trade!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.