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Render/Tether forum

yesterday

Price is following through the structure outlined a week ago.

As long as price is above the 3.90–3.77 mid-term support, I continue to expect higher targets into the summer.

Chart:
tradingview.com/x/Y3iz9D98/

Previously:
tradingview.com/symbols/RENDERUSDT/minds/?mind=YMRX_vY1SLy99zmoPjLNXg&exchange=BINANCE

On macro structure (Jul 12):
tradingview.com/symbols/RENDERUSDT/minds/?mind=I5BDpIIaSTeb0p2Zd_1VIA&exchange=BINANCE

artemfedorov

4 days ago

is acting very constructively across both the macro and intermediate daily timeframes.
For the uptrend structure to remain intact, price needs to hold above the $3.99–$3.75 support zone.
If it does, I see strong potential for a re-test of the May highs in the near term.

Chart: tradingview.com/x/llX4FXLi/

Previously on the macro structure (1 week ago):
tradingview.com/symbols/RENDERUSDT/minds/?mind=I5BDpIIaSTeb0p2Zd_1VIA&exchange=BINANCE

artemfedorov

The weekly macro structure shows decent odds of establishing a long-term bottom.

tradingview.com/x/ijP0ogcC/

rickybobbybish

whats everyone’s thoughts on RENDER? It’s just been falling 😕

SignalsWalaJin

started rising

nothingbutblue

back to $5?

Wiltuner

Targets drawn, quiet trade, important to be patient towards the 261.80% Fibonacci. Good trades.

artemfedorov

Daily. Both scenarios look bullish to me

tradingview.com/x/cqd8sHUP/

Wiltuner

New target drawn good trades.

artemfedorov

Price has reached an important macro support. There is still a potential of a move deeper to 2.10-1.70 levels, but price may well be trying to form a bottom.

Higher low long set-up could be considered both for swing and long-term perspective