Long
RNDR LONG SWING IDEA +60%

Current price holding and rejection from POC.
Opens the door to the VAH level, but before that I expect another drop because the 100 and 200 Dma arrive at the daily level of 1.72.
If the setup appears down again at POC or a little below the last monthly level, you can entry to swing long and try to capture 60% of the profit.
I showed where I would hold a stop loss if this idea comes up.
A hidden bullish divergence appeared on the weekly.
Below stop loss to be passive, possibly a DCA who follows and believes in this project.
If you like this post, check my profile and find something useful!
Opens the door to the VAH level, but before that I expect another drop because the 100 and 200 Dma arrive at the daily level of 1.72.
If the setup appears down again at POC or a little below the last monthly level, you can entry to swing long and try to capture 60% of the profit.
I showed where I would hold a stop loss if this idea comes up.
A hidden bullish divergence appeared on the weekly.
Below stop loss to be passive, possibly a DCA who follows and believes in this project.
If you like this post, check my profile and find something useful!
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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.
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.