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
RNDRUSDT trade ideas
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.
#RNDRUSDT So many of you asked why you saw this coin risky so here is why.
We havescenarios active for this coin, right now. white Scenario (with yellow labels) is very bearish and will take us to around 0.9$
So it's wise to wait and see, what would happen.🙌
updated rndr 4 hour chartRNDR bounced off the demand we predicted a couple days ago and continues the upward grind. The RSI after taking a breather is heating up and looking to renter the zone. A small symmetrical triangle is forming above the updated demand. The token is looking to try to retake the teal resistance and stay within the broader channel. If it falls through the demand should provide support. I am still long here.
RNDR/USDTthere is a chance for $RNDR to come down to the $1.90-$2 level buy you wouldn't buy anon right?
you would wait for $5 and hold for a 2x at $10 right?
200ma retest on the daily followed by another attempt on that diagonal resistance lets go!
RNDR bounces off demand RNDR had a healthy and expected correction right into local demand. The token is back above the 50 SMA and looking to either consolidate or make another run upward. The dashed green it just passed is a prior double top and area of interest as well.
RNDR bearish scenarioAs I see it..It tested multiple areas of support and broke beneath them. If we break the $2.20 ..retest to $2.28 than for sure we will see £2.19 and maybe $2.01..if we fail beneath..the next one $1.86
RNDR LONGRNDR Is in a HTF uptrend. It has recently found support on a HTF level and has shifted the local trend from down to up.
RNDR losing steam headed to local demandRNDR setting up to correct heavily for the next leg up. With BTC cooling off briefly and equities continuing to bleed it makes sense for altcoins to correct here. I believe this is the area of demand for RNDR and we should find strong support within this region. The dashed green is the local high.
RNDRUSDT *potential*I have an alert on the 1HR OB thats showing on the chart here, i want to see if the chart will make a new crater so im being extra patient with this one because id like to attack this with pleasure, i will update this one when the alert goes off.
Potential DAY TRADE 016.
Recovering Phase from $2.1 to $2.3Daily Chart
Render Token is in Ascending Multi Channel by #FiboChannel
Now, it's trading around $1.88x and it's not below resistance $1.9 and nearly the higher trend line of channel
If BINANCE:RNDRUSDT fail, it can create Double Top which Reversal Pattern then come back to support $1.65 that's good zones to buy in my opinion
Just wait for next move
RNDR - 1M - $6 / $8 (230% increase)RNDR performs very strong even when the rest of the crypto market colors red. On the weekly and monthly graph there is clearly a cup and handle pattern visible and it is very likely that when this breaks upwards an massive increase can occur.
There is only one big resistance visible around $8, but looking at the graph it seems that the price really can pauze around $6 first. This increase can give a profit of approx 230%. So keep your focus on the long term horizon and don’t panic when price drops sometimes.
RNDR/USDTCRYPTOCAP:RNDR has no chill, anyone who sells will fomo and buy back higher and have less coins that they started with, thats how good the momentum is.
Nice breakout on diagonal resistance!
RNDRUSDTIn this idea I'm using Fibo+Supp/Resis
Here I will put two limit orders one for long position (from the white line) and the other for Short positon (from the yellow line) with tp and sl as U can see in the screen
This is not a financial advice )
RNDR taking out key level after key levelRNDR is my second largest altcoin position and I have settled on a price target setup long ago of 8$, 17$ and 40$. We are seeing multiple levels get blown out of the water. Each green line is a smaller resistance level and higher level channel formation. The dashed green is my next target with a more bullish target of the teal which is an older support/resistance from March. Once RNDR takes 3.2$ teal is definitely possible soon.
RNDR/USDIf BINANCE:RNDRUSDT doesn't reclaim $1.72, I anticipate the downtrend will continue and the price is expected to decline further towards the range lows.
My ultimate shorting goal is around $0.57, as shown on the chart.
After that, I'll be on the lookout for spot buying opportunities for the long term.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
RNDR breaking a key resistance and pushing forward RNDR is my second largest alt-coin holding and has been really picking up steam as crypto rallies. This is a long-term thesis on metaverse, ai, and decentralized GPU sharing. MoC called this one our around 40 cents and I added heavily around 80 cents and on the major pullbacks. We just saw the token break a key area that is the dashed green line and RSI is heating up. We are again above the 50 SMA, and 3 ish $ looks to be in the cards.
RNDR: Overbought at ResistanceTrade setup : Trends have reversed to Uptrend. Price bounced up off of support at $1.30 and broke back above $1.70 resistance and above 200-day MA (~$1.78) to signal resumption of Uptrend. However, price is now very overbought (RSI > 80!) just as it approaches $2.50 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but extremely overbought. (MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $1.70 (previous resistance), then $1.30. The nearest Resistance Zone is $2.50, then $2.90.
RNDR VOLUME INCREASEThank you for reading our update. Please remember that this is not advice for trading.
RNDR Looks to have a new uptrend volume
RNDR update dailyas you can see we are under main dynamic resistance and also we are in supply zone so we can g down
we are preparing for a short setup around 2.18
