In the lower areas of the chart, there is significant liquidity where retail traders have placed their stop losses. The market maker can sweep this liquidity before moving toward the defined support zone.
After reaching the marked area, price may retrace to the upside. Typically, after liquidity is taken, we see a bullish retracement.
The targets are clearly marked on the chart. Move to break even at the first target.
A candle close below the invalidation level will invalidate this analysis.
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about RENDER?
After reaching the marked area, price may retrace to the upside. Typically, after liquidity is taken, we see a bullish retracement.
The targets are clearly marked on the chart. Move to break even at the first target.
A candle close below the invalidation level will invalidate this analysis.
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about RENDER?
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🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
Disclaimer
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🔥 High profit futures and spot signals are published only on our Telegram
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.