RNDRUSDT a long favorable from 2.36There was short trade opportunity from the target of the previous long trade. I had an order open overnight and closed that short now. I believe now there is a long opportunity with some profit if price moves to 2.36 level. The target shall be 2.423.
RNDRUSDT trade ideas
SHORT RNDR Token, Overbought - Resistance HitCurrent Price: $2.43
Entry point 1: $2.58
Entry point 2: $2.43
Target 1: $2.25
Target 2: $1.95
Stoploss: $2.70
This is a solid asset with a large amount of potential but i believe it is currently overbought and needs some room to cool, This is why i have added two entry points to this trade. The first one is for the more conservative investor who would like to see a bit more confluence before making the jump, the second entry point is for those banking on the overall market and the asset decline in price.
The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Owners would connect their GPUs to the Render Network in order to receive and complete rendering jobs using OctaneRender. Users would send RNDR to the individual performing the render work and OTOY would receive a small percentage of RNDR for facilitating the transaction and running the Render Network.
Once they’ve registered their idle GPUs on the Render Network, these GPU owners become “Node Operators” and are able to earn RNDR Tokens. They do this by accepting jobs from users in need of rendering work, known as “Creators”, who send their files to the Render Network, where they are assigned to Operators. Render receives a small percentage of the RNDR paid out in order to maintain the network and facilitate the transaction.
RNDRUSDT likely to head towards 2.488Bought some RNDR again at 2.386 for a target up to 2.488.It seems the price wants to move up to the next resistance zone after a bit of pullback from the current resistance zone.
RNDRUSDT likely to head to 2.436The price is at hourly support zone. A long is favorable here for a target to 2.436. However, there is chance that it breaks this support before bouncing enough from this support and reaching the trade target. In that case a long from 4h support zone 2.24-2.27 will be favorable.
RNDR : 1HAccording to the previous explanations, if the trend line breaks down, the price will drop significantly.
Crap on daily TF RNDRUSDTCrap detected on daily TF
We have two PRZ
1st short it @ 2.7842
SL @ 3.0155
Target in fibo
2nd if stop loss hit second area short @ 3.1507
SL@ 3.4172
Will update the target once we got the short
RNDR/USDT SHORT 🔴RNDR / USDT SHORT 🔴
Leavareage 10x
Entry price- 2.52$
Take profit - 2.23$
Stop loss - 2.63$
@msrcrypto1
Short Idea on RNDR : 24HFact :
1. The divergence in the RSI indicator is quite clear
2. The price is close to the heavy resistance level and will probably be rejected from this level.
Long setup on RNDRUSDTButterfly pattern detected
Will try to take the wave from C to B
We have bullish OB expected the price to bounce from there to butterfly target mentioned in chart
Cup & Handle? #Render is my favorite project so far... it looks cup and handle to me and my target price is $ 2.91
Long setup RNDRUSDT 15M TFBat pattern detected got my long setup on PRZ ZONE 2 and liquidity area @ 2.1551
SL @ 2.1230
Targets in fibo
Mentain your stop loss
RNDR ShortShorting RNDR for a potential return of 40%. First off what drew me to enter shorting RNDR was the recent increase in price over the past two weeks. it has had a gain of over 50%. since the gains have been so big over the past two weeks i feel profit taking is about to begin when looking at the daily time frame. This idea is Supported by the bearish divergence, noted with a yellow ray, on both the Commodity Channel Index(CCI) and the Relative Strength Index(RSI). Although the 40% correction sounds tempting. I am looking for a more short term opportunity so I can reduce the likelihood of loosing money. with takin that into consideration I am looking to short to a range of $1.80-$2.00. This will yield me approximately 20-25% return on a $4000 short with translates to approximately HKEX:1000 profit. If I am right about the direction. The amount of time this short will take looks like it could be anywhere between 1-2weeks open.
Render token RNDR price is preparing to shoot up 🚀Looking at the price chart of RNDRUSDT, we can say with certainty that the increased interest of buyers in is
If you know why this project is interesting, please share your thoughts in the comments.
The price of RNDR has approached a strong liquidity zone, and it looks like buyers will try for the fourth time to break higher. That is, there is probably at least 60% upside ahead.
In our opinion, it is safe to enter long position:
- above $2.20 on the blue route
- if force majeure occurs and the price drops sharply (which now looks rather unlikely), then long from $1.50
The main thing is not to rush and wait for confirmation of a safe entry.
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RNDR ShortRNDR reach a strong demand, So this currency represents a short position.
Of course, the stop loss and mony management should also be considered.
RndrUsdr: Bearish Bias RNDR on the chart printing a continuation pattern called the Rising Wedge, with not enough volume on the OBV(On Balance Voulme), and EMAs Above the Price action on the 2hr and a near by FVG below
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 : 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.
cup and handle invertedDO NOT FORGET USING A STOP LOSS
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you are always profitable
RNDRUSDTHow do you do Crypto Lovers,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for RNDRUSDT
There we have R1 and R2 on the top of the chart which are the resistance areas and contain the unsuccessful triumphs of the price to rise at several points. S1 and S3 used to be resistance areas. And S2 is our support area that includes the well support of price at some points. The past trend of the price shows that after its rejection at R2, it experienced more decline and touched S2. Then by receiving more support at this area, the rising behavior resumed over R1. Thus, we see the fluctuation of price below the mentioned area and our expectation would include another decline to touch S1 and this time we believe the power of its rise would be higher than the past behavior. When the price is supported at its pull back downward, by giving us some rising signs, we must wait for its more increase to higher amounts such as R1 or R2. Also it is possible that the price loses the support and starts a decline toward S1 and even down to our second support area. So in this situation, a falling trend will happen and we suggest you to wait for the price to have a recovery and in the return trend, you can put your trade orders. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you the best
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.
RNDR/USDT 4HR Long PositionRNDR its testing his break out. Its good too add more on spot or lavrege, the choice its yours