Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
RNDR/USDT this maybe your next 10x
Long
RNDR/USDT this maybe your next 10x
By AmmarAlahmad
Follow
Follow
Updated
Jun 18, 2022
6
5
5
Apr 27, 2022
this trade is based on fundamental analysis and volume study of this coin
I have created a plan to DCA this coin from 3 major levels (1.25 - 0.9 - 0.55)
this will leave us with an average cost of 0.8
this setup has a great risk/reward ratio of +20, but still carries a risk of losing almost 50% of your investment
that's why you shouldn't buy with more than twice of what you afford to loss comfortably
stop-loss is a daily candle that closes below 0.42
May 1, 2022
Trade active
it touched the first buying level, spent two hours below it then pumped 40% within 6 hours
this proves the first DCA level is a valid one.
Jun 11, 2022
Trade active
RNDR dropped more than 60% since idea was published
All buying levels have been reached
Jun 18, 2022
Trade closed: stop reached
Chart Patterns
Fundamental Analysis
Technical Indicators
AmmarAlahmad
Follow
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
.