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Render Ready For A 50% Cut?As the market begins to show signs of weakness at macro resistance a lot of assets are looking at a possible retrace if BTC fails to brake above 32k. Looking at the daily close line chart of Render a 50% cut brings price right into typical technical levels for a macro "bullish retrace". So far we can see that the long running up trend has broken to the down side and if it fails to reclaim it soon a 50% becomes a more likely reality. Looking at the money flow on wave trend indicators we can also bearish divergence forming as price put in a higher while the money flow is putting in a lower high.
RShort
by Degen-Dynasty
Render RNDR price prepares a riddle, whoever reads it will guessAn interesting situation emerges on the RNDRUSDT chart On the one hand, the chart shows a seemingly obvious Head and Shoulders pattern with a target of $1.10. However, for this pattern to be activated, the RNDR price needs to consolidate below $1.90, or even better (for reliable development of the pattern, of course), it needs to fall to $1.50 and then fail to rise above $1.90. On the other hand, something deep down tells us that there is absolutely nothing stopping trading bots from drawing a "standard book pattern". So that during the formation of the pattern, without waiting for confirmation (which is very important), many shorts positions were taken. And then, with upward momentum, and on the triggering of stop orders on the short position, the "rocket" called Render can start to take off. And this rocket needs a lot of fuel, because there is a strong liquidity zone above the current price of RNDR, which will be difficult to break through. In general, we have written our thoughts, drawn arrows on the chart, and now the question is for you, which RNDRUSDT price will be faster: $6 or $1? Write your thoughts in the comments section. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
28
NAS - what do you see, what do you see, look into my eyes.....Nas seems an easy trade hereabouts. Trump is all over it. " If you want a gas stove you can have it. " You can have anything you want I dont care. Personally I would never cook on electric again. So I could never vote for a party that would make it illegal, lol. Gold got rekt. Legacy probably 17% cheaper soon. Rotation into commodities like copper, lithium etc is pumping hugely. Were at stage 3, Topping now, for sure. Alot of People are about to get Rekt, completely. And a smaller few are about to get the biggest windfall of their generation. Every Trader and Parent will tell you that there is no better feeling in the world than getting as much as you can possibly afford, for as little as possible.
LSE:NAS
by rawtrade
Render Token Long Term StrategyHi folks, Let's look at what Render Token is 🏳️Render Token is a project token focused on blockchain technology and cryptocurrencies. Render Token (RNDR) is an ERC-20 token developed and distributed by a company called OTOY. 🏳️Render Token serves as a payment unit for the distribution of 3D graphics, virtual reality experiences, and cloud-based computing power. RNDR enables users to share their computing power while allowing token holders to receive payment in return for this computing power. Thus, those sharing their computing power earn more Render Tokens, while token holders make payments to utilize this computing power for rendering 3D graphics or other computationally intensive tasks. 🏳️Render Token holds significant value for professionals and companies in 3D graphics and virtual reality fields. By using this token, individuals and organizations in need of computing power can access more resources and render complex graphics faster. At the same time, token holders can earn passive income by providing their computing power. 🏳️Being an Ethereum-based token, Render Token operates on the Ethereum network. This ensures fast and low-cost transactions for the token. Render Token is also listed on exchanges, allowing token holders to exchange it with other cryptocurrencies. Bonus Chart 1: Wide Angle Technical Data 🎯Orange --> EMA50 --> 1,86 (support) 🎯Blue --> EMA200 --> 1,38 (emergency call) 🎯Accumulation Zone (FRVP) --> 0,37 - 0,67 🎯Fib 0,236 --> 2,01 --> Support no:1 🎯Fib 0,328 --> 3,05 --> Next target 🎯There is negative divergence on the table (if it's approved), we can see testing EMA50, even EMA200. If you're a short-term player, keep that in your mind. 🎯In the worst-case scenario we can see 1,46 (perfect time to buy for the long term). Bonus Information 🏳️RNDR is now only listed by Binance, Kucoin, and Coinbase (we can expect further listing). 🏳️Max supply --> 536,870,912. 🏳️Circulationg Supply --> 363,911,539 (%68). Bonus Chart 2: Google Trends AI, Bitcoin, and Metaverse 🏳️Blue one is AI. When we checked Google trends for the last 5 years, AI is surpassing both BTC and Metaverse. Let's imagine! What will happen AI projects in the next bull run? Thanks for reading all mates, do not forget to hit the like button.
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by burakkesmeci
MUX targets raised for possible dip buys adding to long.Mux continues channel bound, some downside expected. This is a jewel in the crown, with EV contracts settled, and full governmental licenses already issued. This is a no brainer. They have literally sold every single bit of copper they find ( and eveyrthing else lol ) already, and they haven't even dug yet. You ned to seriously Get Some at decent prices with these percentages take profits as you go. add in dips. levae a 20% runner on every trade at break even, take 80% profit regularly. Build into positions, dont go all ggung ho. Good Luck Out THere
NYSE:MUXLong
by rawtrade