RNDR LOOKS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the RNDR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Rndr
RNDR : NEW ATH AFTER APPLE?Trades should not solely depend on news updates most of the time but rather should focus on price action (TA) and more extern views. As seen with INJ when it was priced at $1.40, similar trends are observed with RNDR, with indications that the coin working on a significant CHIP area.
Furthermore, considering that APPLE and Microsoft are connecting RNDR, which could potentially add high value to the coin, it may become one of the top-performing coins. This is a trend that we will closely monitor, and as long as the price shows a positive trend, we will continue to follow this coin. It emphasizes the importance of analyzing price movements rather than solely relying on news updates when making trades.
All-Time High $8.76
345% from here.
This is not trading advice, Manage the risk at all times.
Crypto depends on High-risk management.
RNDRUSDT on 4h support and likely to head up to 2.05The price is bouncing off of 4h support zone. This one was showing strength in spite of BTC drop. However, in the last few hours it dropped considerably. But this would be the strong ones to recover on reversal. I believe this is a sign for at least short term reversal and favors a long here towards 2.05 area.
short RNDR$RNDR bounced off the resistance level and the upper boundary of an ascending channel. Decline to support level at 1.85$ is likely to happen.
rndrIt was in a resistance zone that we expected to lower. It reacted to the lines and now it shows that it wants to touch again. However, I will look at the level of 1.627 to 1.814 again to buy. Of course, if it can meet the resistance Break it, in the higher time, the formation of the cup pattern has been done
Render cup and handle on a HTFOne of my favorite projects around. Render is what I consider to be a 'breakthrough' token. I like the vision of this project and like that it is already a usable product through the graphics rendering app octane. This a real simple chart I made a couple of weeks ago of the cup portion of this chart and the handle is starting to print. The price action for render has been real text book even on the smaller time frames and enjoyable to trade.
RNDR: TREND VIEWRNDR showing some patterns of increase
we will follow the trend if it's able to confirm the coming time.
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
RNDR may head up to monthly reistance around 2.6-2.9 zoneThe price has moved up the weekly resistance and closed above it. Now the next target would be the monthly resistance around 2.6-2.9 zone. The price might dip but if the idea is correct it should not lose the daily support marked on the chart.
RNDR LONG term trade ideaThis is my outcome throughout 2023 for RNDR. I am expecting this play to take place throughout 2023
RNDR CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RNDR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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 $1.28 you won't miss the big move.
Be wise, patience is the key.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
RNDR longRNDR bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 1.395 is expected to happen.
Rndr | Deciding Level Rndrusdt
Rndr Needs To Break This Trendkine Resistance incase of succesful Breakout expecting 30-50% Bullish move
Remember: These are just ideas that we share from our experience, it does not mean that they will be 100% perfect, anything can happen in the market at any time.
Always manage your risk and trade trade with your own research
If you are satisfied with our work then join
Symmetrical Triangle with a potentially big move for RNDR tokenRNDR has been poised for a large move to the up or downside in the coming days. If BTC behaves itself and RNDR stays strong we might see a large explosive uptrend. I am currently not trading this and hold a good sized bag long term with my earliest entry around 50 cents. I plan to trade a confirmed breakout with low leverage if the trend breaks to either side.
Rndr | Looks Promising Here Rndrusdt
The price is rejecting at the same place for a long time, this time I expect a breakout.
Expect does not mean taking trades, wait for breakout confirmation.
Expect 39-50% Bullish Move i case of breakout.
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
long RNDR$RNDR bounced off the support level. Bullish movement to resistance level at 1.46$ is likely to happen next.
Rndr Forming Bullish Flag seems Like rndr will Continue Its bullish Momentum
Forming Bullish Flag In h8 Timeframe Incase Of breakout Expecting 60 to 70% bullish move
RNDRUSDT likely to head up for next resistance zoneThe price got rejected from the daily resistance and has now hit the support zone. The likelihood of the price to move up here is high. Therefore a long would be favorable here to target the daily resistance zone again.
RNDRUSDT likely to aim for daily supportIt looks like the price would like to head for daily support area. A short is favorable here.
Finally Rndr Breaking out Seems Like Ready For Massive Bounce
Breaking Descending Broadening Wedge Incase Of successful Breakout Expecting 25 to 30% Bullish move
RNDR hit the daily support, may head up around 1.33The price is currently trading inside the daily support zone. It is likely that the price will aim for the next resistance around 1.33 area and therefore a long may be favorable here.
RNDRUSDT to head for daily resistance zoneThe price is currently heading towards the next daily resistance. It is likely that the price will hit that daily resistance zone before experiencing any sizable pullback. If the price traces back to the next daily support before hitting the daily resistance, a long would be favorable to the daily resistance. No shorting till the price action shows any sign of weakness.
