🔍Let's dive into today's analysis. It's Sunday, and since it's a holiday, the market volume is lower than usual, making market movements less reliable. 📆Coin of the Day: Render Token (RNDR) Today, we're analyzing Render Token (RNDR). I've previously analyzed this coin on the daily timeframe, and I hope you took advantage of the entry points I provided. The...
Trade setup : Price is in an Uptrend. It broke out of a Channel Down pattern and reached $12.00 for +50% gain. Now we look for an entry in Uptrend. Pullback to $10 support could be a swing trade entry with +20% upside potential to $12.00 again. Stop Loss (SL) level at $9.20. Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which...
📊Analysis by AhmadArz: 🔍Entry: 9.780 🛑Stop Loss: 9.200 🎯Take Profit: 10.270 - 10.787 - 11.304 - 11.811 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
#RNDR: Played out perfectly! Up 15% from the average entry. Target 1: ✅ Approaching the second and third targets. Hope you didn’t miss this one! Like & RT for more! Do hit the like button if you want me to post more of these setups! Thank you #PEACE
Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Biggest crypto AI narratives RNDR rose upto 20%. . Now the biggest question is: "Will RNDR token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?" YES , there is HIGH probability...
Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Following crypto AI narratives rally up back in a day: WLD jumped 33%, AGIX gained 37%, FET rose upto 15% and RNDR rose upto 20%. Now the biggest question is: "Will AI token will lead the crypto market as...
I am Hodling RNDR which is NVDA of cryptocurrency for me. Until the target price, I am not selling a penny because we are at the beggining of altcoin bull run. There is this rounding bottom pattern already retested that shows we are now in the way of going to the target price for RNDR.
CRYPTOCAP:RNDR AnalysisRisk/Reward: Looking promising. The breakout has occurred, and we're currently seeing a retest. TBH, everything looks good for altcoins unless BTC makes an unexpected move at the Monday open. Keep an eye on it. I've entered the trade, taking the risk. Accumulation Zone: $9.88 to $10.40 Targets: $10.87, $11.45, $12.22 Stop Loss:...
Hello traders hope you are enjoying our Analysis. Now we are here again with a new trading opportunity ,we will discuss today about BONKUSDT Moving slowly but positivity moving towards our target. Looking positive to hit our target in coming days
#RNDRUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze RNDRUSDT today. Running in 20%+ profit ✅ Expecting more in coming days🚀📈
I would like to share a long-term accumulation strategy for RNDRUSDT that I've been eyeing. Chart Patterns and Indicators: Descending Channel: The price is currently moving within a descending channel, indicating potential breakout opportunities. Harmonic Pattern (XABCD): The pattern suggests potential reversal points at identified accumulation zones. Volume...
CRYPTOCAP:RNDR has formed a cup and handle that can potentially breakout to a new all-time high at ~$15.30. This would be +40% from the neckline. Wait for a retest of the neckline at $11, which also happens to be the volume point of control. Once a breakout occurs from the neckline, jumping into a long position is likely to be profitable. Set appropriate SLs and...
#RNDR The price is moving in a bearish channel on a 12-hour frame and is adhering to it to a large extent. It has been penetrated upward and the channel is being retested. The price rebounded well from the green support area at the 6.70 support level, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the...
RNDR / USDT One of top favorite coins in this cycle The chart says it all : – Positive retest of 2nd weekly S/R – potential breakout of current accumulation range If no more BTC drama Next leg up should be very soon
RNDR just missed order block and created liquidity in form of sell side liquidity which has given us opportunity to take our and form long position here. I will take long position below SSL and will do dca below wick if price comes here. A very very clean setup. A trader can catch this chart moves easily.
COINBASE:RENDERUSD A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern. Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the...
Render is reacting more than others and it seems to be in an different market structure here as we have been building more higher higher lows and higher highs when zooming out. Currently we are on the edge of the MDay-Low range, we are looking for a sweep of this Weak Low and the MDay-Low right into the 1H demand zone and the range low. The volume profile should...
With members I post step by step, here I want to show how I see cap and candle and bottom formation. For now, RNDR is one of the few that shows that the correction is over. Of course, below 8$, 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...