Its far from overWe are heading into wave 5 of bitcoins blowoff top. Last consolidation, last chance to buy relative strong coins like RNDR. I see the whole crypto market topping in June, with the AI sector as the leading narrative. I expect one last pullback to the highs of our previous range ($9,5) before the bulls take over. I had a friend that is still holding on to his cardano's. Im gladd we're not friends anymore, not everyone's meant to make it in here. See ya at $45 ;) NFA.
RNDRUSDT trade ideas
Tightening range ready to pop like a balloon soonI am hoping to see this follow alot of other alts that have been making attempts to the upside. I have to see a nice volume candle to get on the train though. With this being an hourly chart, If I do see a breakout, to the upside OR downside, ill shuffle down a few timeframes looking for scalp trades in that same direction.
RNDR High probability that the bottom is hereWith members I post step by step, here I want to show how I see cap and candle and bottom formation. For now, RNDR is one of the few that shows that the correction is over. Of course, below 8$, this setup is canceled.
On every page where I see a breaking point, I will try to publish it as soon as possible, and any discussion is welcome. Follow and support if you want to see more of this
Certainly a good area for investment
RNDR pushing RNDR is staying above 11$ which is extremely bullish here. Multiple tests of this green fib has already occurred. You can see a wick to my previously marked area of resistance on my last chart, this needs to be overcome. The next key area is previous all-time-highs, once we reach price discovery again I think 18$ comes quickly.
RNDR 12/05/2024Price is currently at OTE level, i am expecting a retracement from current level. This move can bring us blue box below. I will try to build position from that level to WO and PWO. We need to stay above the weekly levels for the higher prices.
RNDRUSDTmy entry on this trade idea is taken from a point of interest ABOVE an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
RNDRUSDT 1W#RNDR chart looks promising. It has bounced from the neckline of the rounding bottom pattern on the weekly chart. Targets are:
$12.540
$14.020
$16.128
$18.812
Supports are:
$9.228
$7.945
Bitcoin can ruin the party at any moment. So use tight stop-loss on all of your trades.
#RNDR/USDT is forming the Rising Wedge Pattern in 4-Hour TF!#RNDR/USDT is forming the Rising Wedge Pattern in 4-Hour TF!
I'm looking for a short position here. I'm expecting a bearish scenario from here. The major resistance level is PMH $11.6.
How I got a 30+x on RNDRThis token was initially called out by my colleague. After some research I did add a small position around 40 cents. I then threw the majority of my position around 1.2$. With the AI hype we thought it would be smart to try to latch on to an existing Ai focused token, we went with RNDR. With the plan to move to a faster chain, existing infrastructure in graphics cards all around the world, and an existing product in Octane we were bullish. Once we started our position we let TA take over and added on major fib levels until new all-time-highs.
-I did sell 10% of my position at 9$
-I will sell 25% of my remaining position at 18$
-I will sell remaining 75% of tokens at 40$
-I will leave a moonbag incase this thing takes off
RNDR PriceThe Render (RNDR) token price noticed a gigantic up move and noted sharp pump activity this week.
Render Testing ResistanceRender Testing Resistance. Possible retest of previous support before breaking major resistance.
First Price Target previous high $14. Last chance to accumulate on retest.
long RNDRRender broke through the descending trendline and the resistance level. The bullish movement to a local high of $13.5 is expected to happen.
DAYTRADE - RR 4:1 - ORDERBLOCK OF A FAILED CHoCH Speak TRADERS, I bring you a day trade option in the RNDR USDT Crypto.
I've posted trades of this type here on my profile before, and they are usually very interesting due to the risk and reward they provide.
LOGIC BEHIND THE TRADE
This is a change of character that occurred in the early hours of today where the price showed interest in cheaper prices but did not go down and continued to rise further.
That region leaves us with a strong OrderBlock as it has been cleaned of sellers.
As soon as the price enters that region, the greatest probability is that it will rise sharply, as there will be an imbalance between buyers and sellers.
I advise entering these operations at the block limit as we could be left out of the trade if it only touches and then goes up.
So place your limit buy orders in the region of 10.2768
with the stop loss below the order block region and with the takeprofit at least 4 times the risk.
Let's see how the market will react!
RNDR.USDTFor RNDR.USDT i expect this path of movement. after mitigation of 15m OB, and confirmation in 1m TF, i expect pushing downward. break even point is illustrated on the chart
Render RNDR price shows strong movementIf we look at the chart of #RNDRUSDT on the daily timeframe, we can see that in recent months, the ‘buyer’ has been aggressively active in the $6-8 range.
Currently, CRYPTOCAP:RNDR is trading in the $10 range, but to be completely convinced of the serious intentions of buyers, I would like to see an aggressive defense of $7.70-8
📝Higher trading volumes in this range, ‘shadows’ on the candles from below, aggressive bounces upwards - all this will indicate that #Render buyers are not planning to let the price go lower.
And this, in turn, will be a good signal to buy the asset with a holding target in the medium to long term.
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RNDR 05/05/2024We have bounced from our current level. I want price to stay above blue line above to reach our target level. So far AI coins reaction are pretty powerful. Do not forget to accumulate these for the next run.
RNDR AT the key level right now watch. RNDR AT the key level right now watch it closely for bakeout opportunity OR short
Make sure wait for confirmation
RNDR - NO CONTEXT
I am thinking BINANCE:RNDRUSDT still have one more high to make and now is the time to ape. The invalidation level clearly rules this out so keep note.
Will upload the overall context to this later, just don't want you to miss out on any of what I have prepared in store for you all.
OTHER ANALYSIS
Quick Bitcoin Update - 5 May 2024Hello Traders,
This is quick update on itcoin , Ethereum and Alt Coins. Also suggested to keep an eye on new coins
