RNDR correcting to sma and fib becomes supportRNDR had an explosive move this weekend so far and barely played out that hourly head and shoulders. You would have had to march the stop to make profit on that one. The .382 fib is likely to become support here, or we see a fall through back well below 3$. The B bands print a picture of overheated price action as it rides the top of the bands. Volume is very high on average, and the AI/gaming hype will carry render along. The green demand box is a likely fallout zone if this breaks down, I am bullish though.
RNDRUSDT trade ideas
Daily momentum above $3Marked a macro level at $3, looking to ride the momentum at LTF for an expansion to $4.
Initial tranching at breakout of range at $3.35 with stops below $3
Observing how this plays out and anticipating a strong daily close
Possible head and shoulders on rndr hourlyAs you know I have some hefty long-term bags on RNDR and try to average in with technical analysis. My previous chart showed a bounce around here which is entirely possible. This does look like a broken neckline of a small hourly head and shoulders, I wont be adding on this green line despite the hype. THe golden line is the .382 fib drawn on the weekly which is a strong resistance apparently. RNDR was just riding the top of bollinger bands now its riding the bottom, very hard to trade short-term right now.
Target 3Following weekly chart.
My 2 indicator gave a green light for a long signal, also it's ready to break cup & handle formation.
TP 3
SL 1.23 - wait for weekly candle close.
RNDR ANALYSIS🔮 #RNDR Analysis 🚀🚀
💲💲 #RNDR is completing Cup and Handle Patten in weekly time frame. If #RNDR breakout and sustain above the neckline, a bullish move will be seen after that. 🚀🚀
💸Current Price -- $2.947
📈Target Price -- $5.845
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RNDR #Cryptocurrency #Breakout #DYOR
Supply | Short BiasOn day chart
Render Token hit Supply Zone that is also the 2.0 Fibo Channel in my last idea.
First sign, RNDR failed at 2.6 and can pull back to Support around 2 this zone is good to join
You can trade on lower TF
Wait for next move
Rising from the bottom section above 2.566Hello traders!
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(RNDRUSDT chart)
The key is whether it can receive support and rise in the 2.566-3.058 range.
(1D chart)
The key is whether it can rise above 2.987-3.415 based on the 2.773 point, or whether it can fall to the 2.209-2.566 range and receive support.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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RNDR explodes after consolidationRNDR has consolidated around the local demand for a few days. The token is looking to test the long-term channel noted by the green lines. 3.1$ is my next target with a decent amount of historical price action. HV and RSI are experiencing a sharp rise and the stronger alts are pumping over 20$ today. Do remember I am not here to trade RNDR short term, I hold this long term and buy into these areas with a long term price target of 40$.
Render (RNDR) ultra long, mega bullishA daily close above 2.75 and RNDR looking hot hot. Could this be the start of a mega break out, that you could hold for the whole bull run - I think so.
Either way, here's a set up for a potential 30% trade.
Zoom in on daily timeframe or just remove the noice and look have beautiful this chart is on weekly timeframe.
RNRD is risky - but it could be huge next year - non financial advice.
A potential pull back can happen (after the explosion today), but I think the time for a good entry is start to running out. Play it with your risk tolerance.
RNDR/USDTAny close below $2.55 on the BINANCE:RNDRUSDT pair, marked as 0.75 of the range, will trigger me to start scaling into my shorts.
While the Daily FVG has been closed and the Weekly just missed, another push higher might occur.
However, if I observe any acceptance below $2.55, I'm getting in.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
RNDR soon will break the resistance after long consolidationWe expect a breakout of the resistance level. The price shrinks to this level. Vertical volumes are growing. It is better to open a position with high activity in buyers.
$RNDR at MONTHLY SUPPORT!$RNDR fell back to monthly support after losing up trend. But in bigger picture, still preserves its bullish structure. My short term and mid term targets from $RNDR.
RNDR/USDTinverse head and shoulders is still valid, we are still inside of the ascending channel, just because there is a bearish pattern it does not mean it 100% plays our all the time!
RNDR/USDT$RNDR will remain my biggest altcoin bag till $5
possible inverse head and shoulders here!
keep in mind we are also in an ascending channel so use the lower blue line of the channel as a SL
I did add to my position on that wick down we had the other day, what makes me bullish ta wise is that we are ontop of the white diagonal line which is acting as support right now!
GL
RNDR sipping from demandRNDR is consolidating right on the demand zone, this is building support for the next leg up. I think we will be around 2.7$ in the next ten days if BTC behaves itself. I am still net long as my first entry in the token was around 40 cents.
RNDR Give minor Close 🚀✅#RNDR give a minor closing above the zone and nearly broke the trendline too. Currently, price trying to break the zone again and an potential high risk buys can be taken for a short scalp move till next resistance area around $2.63 - $2.65.
$RNDR to $60Fundamentals: #RENDER has announced building on #SOLANA as breakpoint. On of the leading AI-projects that will impact Film and Animation industry. Expect to see projects on SOL pump as Firedancer validator moves through test net and comes online.
Technical: From ATH to ATL, RNDR has formed a Wave 1 & 2 with 0.38 fib correction, now breaking through the 0.618 fib retrace and using it as support. Larger formation is the Wave 3 back to ATH, with speculated Wave 5 around $60.
Confluence with both 1.618 levels for Fib extension and Fib projections. If you don't know the difference -- one is placing the target from the ATH and ATL, while the other is projecting the target from Wave 1 and Wave 2 with a three-point measure.
Don't overlook this chartI only see people posting Coinbase charts. All-time high is actually 8.80 and you can find it on KuCoin (not advertising KuCoin). Don't miss out on important levels of resistance and support on the way up.
Happy trading everyone!
RNDR/USDTwell I did say $1.90 $2 it will. come down too, and now is your chance to buy as much $RNDR as possible
GL anon
RNDR/USDTThis is a strong signal for $RNDR it shows us there is so much interest that it didn't even come down to the blue support line, I am expecting a move more to the upside before the 12th of November for $RNDR
lets get it!
RNDR target 5.512h time frame
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RNDR is creating a bottom structure under 3, and there is a first pumping wave started from 0.4 to 2.99 which verify the resistance of 3 again. However, RNDR got support on 0.382 Fibonacci Projection and keep pumping, this is a good bullish sign. Through Fib, the first target is around 3.7~4 and next is 5.5, then we can set up a trading plan.
TP: 3.7~4 / 5.5
SL: 1.67150
RNDR dipped perfectly into demandRNDR dipped right into the demand zone on wicks as predicted. I suspect this might happen a few more times. RSI is cooling off for a bit and we are looking to consolidate.
RNDR breakdown to demandRNDR looking to break down today with many alts correcting after such tremendous uptrends. I foresee the token dipping into the local demand, or riding down the red trend line for a while.
