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Rndr

Rndrusdt Double Breakout Rndrusdt Hello traders, I would like to share with you a potential trading opportunity based on the technical analysis of the market. The descending channel breakout and retest have already been confirmed, which is a strong signal that the trend is reversing. Additionally, a bullish symmetrical triangle pattern has formed, indicating that the price is likely to break out to the upside. If the breakout is successful, we can expect to see a 30-50% bullish move in the coming days. However, it is important to note that there is always a risk involved in trading, and it is essential to use proper risk management techniques and follow your trading plan. As always, it is recommended to wait for confirmation before taking any positions. In this case, a confirmation would be a strong bullish candlestick closing above the triangle's upper trendline, indicating that the breakout is valid. On the other hand, a failure to break out could lead to a downside move, and traders should be prepared for both scenarios. Overall, the descending channel breakout and the bullish symmetrical triangle pattern suggest that a potential bullish move is on the horizon. Keep an eye on this market and be prepared to take advantage of any trading opportunities that arise. Happy trading! Please keep in mind that our ideas are based on our experience and knowledge, and may not be completely accurate as the market is always unpredictable and anything can happen at any time. It is essential to conduct your own research and use your own knowledge when trading. If you are happy with our work, join us
RLong
by Crypto-By-Ghazi
1
RNDR/USDTThis is my macro view on Render Token. I'm very bullish on Render for the next bull run but I think it's cooked for now and it's going lower on the HTF. If I get a chance to accumulate it below $0.30, I will gladly scoop it up. Currently this looks like a Double Top forming, yet to be confirmed under $1.28. That is a potential 80% drop from here so don't get chopped here. Even if you wait for it to break below $1.28 you won't miss the big move. Be wise, patience is the key. Follow, like the idea and feel free to leave a comment. Check out other ideas if you like this one.
RShort
by Trader_CD
15
Rndr | Looks Promising Here Rndrusdt The price is rejecting at the same place for a long time, this time I expect a breakout. Expect does not mean taking trades, wait for breakout confirmation. Expect 39-50% Bullish Move i case of breakout. Remember: We only give ldea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can happen anytime. Always trade with your own research and knowledge. If You Are Satisfied With Our Work Then Join.
RLong
by Crypto-By-Ghazi
RNDR likely to head to 4h support zone around 0.930The short was expected from 4h resistance zone. However, we missed the ideal short entry at the start of S1 path as that was an expected retest of that resistance zone and provided an ideal short entry. But now S1 path is almost on completion. However, I believe there is still a short trade to be taken at the end of path L2. That may also extend to the resistance zone and if taken there can be the optimum entry. After that the price is expected to head to 4h support zone around 0.930.
RShort
by angela_altair
8