Buy now at the beggining of the breakout, or ......wait to see if the market retests support on the line, after the CPI and PPI data is released this week.
The best approach depends on your investment goals, risk tolerance, and market outlook.
I would not recommend using a leverage higher than 3 for this trading pair.
RNDRUSDT trade ideas
RNDRUSDT - Continuation IdeaAn idea suggesting a pullback to a strong horizontal level then price proceeding onward with the bull movement
The bars pattern plotted is how I think price action will play out.
AI coin
RNDR finding footingRNDR is finding footing on a new weekly fib extension I have drawn. The momentum trend is around 8.6$ as well. A bottomed stochastic, uncertain markets lead to high volatility. Remember, many people yelled at me when I took a sliver of profits with RNDR and INJ pumping obnoxiously, and here we are in bloody times. I will admit even I am not enjoying this dip and I love dippertunities. Medium term I think RNDR visits 14$.
-My next sell target is 20$ for 25% of my position, the funds are already on Coinbase.
-My long term target remains 40$ based on network expansion I will sell all but my remaining 25%.
-Dont marry your bags, moon bags are fine but we are here to try to outperform BTC
RNDR - accumulationRNDR/USDT: upward pennant, which indicates a continuation of an upward trend after a consolidation phase. Key levels to watch are $8.68 (support) and $13.81/$17.60 (resistance). Volume is decreasing, which is common in this pattern. The RSI is neutral at 57.54. Traders might wait for a breakout above the pennant with increased volume to consider a long position, using a stop-loss below the pennant's lower trendline for risk management. Remember to consider other factors like market sentiment and news.
Quick Bitcoin UpdateHello Traders,
This is a quick update on Bitcoin and also on RNDR. Yesterday we told you clearly about resistance and support and Bitcoin have tested exactly same levels on both sides
Render (RNDR) is setting up for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with US Dollar pair.
Previously we caught almost 70% pump of RNDR as below:
Now on a 4-hr time frame, RNDR is about to complete another bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RNDR buy range RNDR buy ranges
10.70
10.029
* DISCLAIMER, PLEASE ALWAYS DO YOUR OWN RESEARCH *
The information contained herein is for informational purposes only. I do not guarantee any particular outcome. Past performance does not indicate future results.
RNDUSD is in bullish as it printed bullish Engulfing candle closRNDUSD is in bullish as it printed bullish Engulfing candle closed in 30 mint time frame
RNDR consolidationRNDR looks to be attempting to break the 17 day consolidation. I expect a retest of near 14$ very soon. BTC has defied my short thesis so far and we have less than a month now before the halving. Maybe BTC will be less volatile going forward.
-Profit taking 25% of my bag at 20$ as I am up VERY much
-Long-term target is 40-42$ based on network expansion
FET IS ABOUT TO PUMP 50% FROM CURRENT PRICE.FET is currently trading in rectangular trendline and is ready to pump from here. Long setup would be better choice.
RNDRUSDT.PHello Trader BINANCE:RNDRUSDT.P
valid double bottom area and has not retested for now, can wait for the re-test area in the 11.0512 area or a little higher, because there is a small base support in the area, just limit buy.
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
RNDR 23/03/2024 Render reached our second target level (12.717). I updated the chart. Potential support levels are daily imbalance and weekly imbalance below. Weekly imb and old high are on the same level which is important. If we see any pullback at those levels it will give an opportunity for us. I'm setting my alarms and will keep an eye on.
RNDR/USDT upward momentum from support? 🚀RNDR Analysis💎 Paradisers, take notice as we observe #RNDRUSDT an intriguing move underway. Should the price maintain its drive at the critical support of $9.936, there's a good chance we'll see an ascent towards overcoming the resistance at $13.873.
💎 Another angle to consider: if the price of CRYPTOCAP:RNDR can't sustain its momentum at this key support and dips below, it's time to adjust our approach. We're eyeing a bullish resurgence from a deeper support at $8.163. Notably, this level has shown significant volume spikes, signaling substantial liquidity and money flow, urging us to proceed with caution in our trading decisions.
💎 A fall beneath this lower support could lead to further declines, underscoring the importance of precise and well-thought-out actions in your trading journey to achieve success
RNDR Dangerous Flama After the latest news, RNDR is under the falling pennant. In the short term, RNDR may try below Fib levels. He signed positive agreements in the long term.
#RNDRUSDT $RNDRUSDT RNDR going up nearly %20 if it stays 11.060.
Green Box important demand zone. Good Luck.
RNDR $RNDR RNDRUSDT On the runway waiting to take off ...NVIDIA conference could ignite the price given the CEO will be at the helm to talk about rendering and all things coming soon. It's already seen double digits in a short space of time, will we see triple in quick succession i wonder?
Target 1 - $25
Target 2 - $55
Target 3 - $75
#dyor
For educational purposes.
RNDR ANALYSIS🔮 RNDR Analysis - Breakout Trading 💰💰
🌟🚀 #RNDR was trading in a Bullish Flag Pattern in 8h time frame and breakout the pattern with a great volume. We can expect a long rally after a small retest in #RNDR.💲💲
🔖 Current Price: $13.428
⏳ Target Price: $18.590
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#RNDR #Cryptocurrency #Breakout #DYOR
RNDR can move to moon?!As you see the compare between FET and RNDR so similar moves! RNDR broke the ATH and has nothing in front of it to stop it! So every red candle could be a buy zone DYOR!
