RNDR is bearish! be carefull!Based on the data we now have on the RNDR chart, it looks like this symbol is forming a large diametric.
This diametric seems to have started from the place marked "START" on the chart.
Now the bullish wave E is ending and the price from the specified supply range is susceptible to a serious drop to complete the wave F of this diametric.
We specified the targets on the chart.
We also specified the invalidation level on the chart. Closing a daily candle above this level will violate the analysis.
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
RNDRUSDT trade ideas
RENDER BEARISH FOR THE NEXT 3 - 6 MONTHS
It has been a long way coming for BINANCE:RNDRUSDT with over 1,700% since June, 2022 up till this very moment. According to EWT, we are at the end of the final fifth wave with a strong divergence and for the past three months price has been at the overbought zone on the RSI which is also a very good confluence.
I am not entirely convince that price won't make a new swing high, however I am very convinced that the ultimate reversal that will last three to six months is imminent.
Render (RNDR) - Bull flag breakoutOn the above 3-day chart price action has corrected 50%. A decent long opportunity now presents itself.
1) RSI and price action resistance breakouts.
2) A bull-flag breakout + confirmation.
3) Price action confirms past resistance as support.
Is it possible price action falls further? sure.
Is it probable? no.
Ww
Type: trade
Risk: <= 6%
Timeframe: Act now
Return: Will say elsewhere
RNDR in consolidationRNDR is basing a strong consolidation here and with NVDA strength this token can really run even with BTC weakness. My 5.4 $ price target still stands, although the BTC dead cat bounce I foresee could end the party fairly quickly if the market spookys. The supertrend is still bearish on the daily but I expect a move to the upside very soon.
LONG #RNDRUSDT waiting for an impulse with good movement potentiLONG #RNDRUSDT from $4.3811
The RNDR asset has been demonstrating trading in an uptrend over the past few days, with trading volumes periodically increasing, indicating the participation of major players. During the upward movement, clear resistance levels are formed with an accumulated pool of liquidity. Before opening a position, I expect accumulation near the levels, activity followed by momentum and good movement potential.
RNDR - 4H - 35% increase to $5,25 possibleRNDR shows multiple bullish signs on the 4H time frame. The Redk Everex indicator shows oversold. The price bounces up from the green support level. It shows a Double Bottom pattern what can make the price increase on the short term to the upper Bollinger band or red resistance level between 7-12%.
But the longer term look good as well. The price may find a short pauze when the resistance level is met, but can increase further up to $5,25 again. In total that could give a profit of 35% on medium term.
RNDN USDT PERPHello Trader BINANCE:RNDRUSDT.P
rndr pairs can be confirmed double bottom but for now the confirmation area for the downward breakdown cannot be said to be valid because it has not yet broken through the 4.0028 area. can be taken short if the area has been broken from what I marked
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Disclamer: Not Financial Advice
Adem and eve reversal pattern Waiting for confirmation
Adem and eve pattern
Expecting target 1: 5,50 usd
rndr/btc looks good to.
RNDR could breakout!!!!RNDR is at the supply zone if this will is flipped then its next target is $4.9625
Entry: closing of 4 hours above the supply zone
TP: 4.9625
SL: 4.119 if 4 4-hour candle closes below the demand zone which is currently a supply zone.
🚀 Rndr/Usdt Analysis: 📈The market structure of Rndr/Usdt is indicating a promising setup for a potential breakout.
I am expecting direct breakout of this trend line resistance soon
Please note that this information is not intended as financial advice, rather as an analysis of the current market conditions. 🙅♀️ It's important to conduct further research and consult with a financial advisor before making any investment decisions. 💼💡
Remember, trading involves risks, and it's crucial to consider your own risk tolerance and financial goals. Happy investing! 🌟📊
RNDR longRNDR broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 5.055 is expected to happen.
RNDRUSDT is BullishRNDRUSDR is Bullish Soon. Trade Plan is Simple DOW theory. The Current trend is printing HH and HL, the next trade is executed from the breakup of HH.
Entry point is HH
TP is SL Range
SL is Last HL
RNDRUSDT 4h short ideaRNDR has tapped into our bearish 4h OB and had a very nice reaction to it already dropping over 10 cents from 4.30.
we will continue to see 4.20 and 4.10 levels be broken possibly to 3.75-3.50.
RNDRUSDTRNDRUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 3.00
What you guys think of this idea?
RNDR long set upEverything is provided on the graph.
The $3.0 price range act as strong support for RNDR, but its gonna have one last push up hitting the 0.618 fib level then correcting back the support area where you can set up your entry for a long position. With a very tight stop loss under $3.0
Strat uptrend(RNDR)📊Analysis by AhmadArz:
Wait for break renge and we can get big target.
🔍Entry: 3.935
🛑Stop Loss: 3.862
🎯Take Profit: 4
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
RNDR Quick SwingAfter a rejection on the bos we saw a huge momentum swing down to retest Sell liq from previous wick. after the low got tested again took a long before two confirmations to close positions netting 7%.
RNDRUSDT Bearish IDEAthis coin has been following my trendlines all month very big bearish downtrend. this coin is facing trend exhaustion like a mf and $4 and up would be the best ideal level to place shorts.
RNDR USDT PERP Hello Trader BINANCE:RNDRUSDT.P
1 hour time frame. there is an inverted adam eve chart for now
and the 1-day support area is in the 3.0272 area.
I put my stop loss in the 3% area after the entry point is placed.
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Disclamer: Not Financial Advice
RNDR IS A BAG BULL RUN IN 2024-2025$RNDR is making waves as the go-to distributed GPU rendering network, backed by OTOY, a heavy-hitter in cloud graphics for media and entertainment. Picture this: it's like having your own rendering powerhouse, but in the cloud.
Now, what makes $RNDR cool? Well, it's not just your regular GPU rendering magic – it's OctaneRender, the first and fastest GPU render engine out there. And guess who's on board? JJ Abrams, the genius behind Star Trek and Star Wars, is rocking the advisory board.
But it's not all Hollywood glam – $RNDR is giving GPU owners a chance to turn their idle GPUs into cash. It's like loaning out your GPUs to creators in need of some serious rendering power. Think of it as a win-win for techies and creative minds.
And let's talk big shots – the advisory board is stacked with heavyweights like Ariel Emmanuel (CEO of Endeavor), Eric Schmidt (Google OG since 2001), and Samuel Palmisano (former IBM CEO). Impressive, right?
Now, peek into the future. The crypto world's next big story? Spatial computing, and $RNDR is on the forefront. Apple, the $3 trillion giant, is even in on the action with their Apple Vision Pro 2024 launch. It's like the metaverse is knocking on our door.
Jules Urbach, the brains behind $RNDR, dreams of a holodeck like Star Trek. Imagine transcending reality, diving into a fully immersive metaverse. The future is all about interactive 3D scenes – just check out Lex Fridman and Mark Zuckerberg's metaverse chat for a sneak peek.
$RNDR is not just talking the talk; they've got deals with the big dogs – Disney, HBO, Unity, Meta, and Apple. Plus, they're making a splash on the Solana Blockchain – big moves, right?
Now, at a $1.6 billion market cap, $RNDR is looking like a golden ticket. Remember, this is just my take – do your own research and dive into the $RNDR world at your own risk. Cheers to the decentralized metaverse! 🚀
RNDR IS A BAG BULL RUN IN 2024-2025$RNDR the biggest distributed GPU rendering network
Backed by OTOY (cloud graphics company for media & entertainment) award winning tech in visual effects, animators, designers, providing new levels of realism powered by the cloud.
Advisory board OTOY:
Ariel Emmanuel CEO Endeavor (entertainment media agency owns UFC & WWE)
Eric Schmidt Former google since 2001
Samuel Palmisano CEO IBM 2003-2011
OctaneRender is the world's first and fastest spectrally correct GPU Render engine, delivering qualiry and speed.
Advisory board RNDR:
JJ Abrams (Chairman & CEO Bad robot productions) if you ever watch star trek, star wars, etc.
Render network gives GPU Owners an opportunity to monetize idle GPUs by offering their computing power to creators that needs rendering resources, like loaning out GPUs for rendering (a lot of talented creators doesn't have that much rendering power at their disposal)
The next big narrative in crypto will be spatial computing backed by the $3T giant, apple on their apple vision pro 2024 launch.
In the next era of digital media, computational infrastructure is a major bottleneck for many artists, and a decentralized GPU rendering network will play a big role to the solution.
The render network consist of two primary layers:
1.Offchain rendering network: creators, node operators (GPU nodes that provide power to the network), and rendering app vendor.
2.Blockchain layers that handle payments via render and escrow contracts. All node operator interactions are publicly verifiable.
The ultimate vision of a truly decentealized and open metaverse, lead by the brightest pioneers in the industry.
Jules Urbach the CEO of $RNDR has a life-long obsession to create a real star trek's holodeck as a general reference point to explain the tech. The peak of human ingenuity to commoditize space and time, humanity's earned transcendence beyond the ultimate frontier, reality itself. The world is moving from hypertext and hypermedia to a fully immersive metaverse built on complex interactive 3D scenes. Open Lex Fridman and Mark Zuckerberg's first interview in the metaverse and you'll get a glimpse of what the future unfolds.
With deals signed with the biggest titans in the industry such as Disney, HBO, Unity, Meta, and Apple. $RNDR personally for me, becomes the clear winner for the spatial computing narrative.
The Big Solana Shift: as voted on by the Render Network community in RNP-002, the Render Network will be building out an expansion onto the Solana Blockchain: rndrizKT3MK1iimdxRdWabcF7Zg7AR5T4nud4EkHBof
At $1,6b market cap there's so much potential for the upside for $RNDR. Do every investment at your own risk, this thesis is just my personal research on the Render network.
RNDRUSDT 4H IDEAHello traders,
RNDR is at 4h supply zone. We can buy from yellow box with LTF confirmation. It can give us to nice RR.
Don't forget make your risk management. It is not financial advice.
Good luck to everyone.
