$RENDER (3-DAY): WYCKOFF distribution instead of BULLMARKET

$RENDER is another one of those cases which, like DOT pretty much, seems to exist only for DISTRIBUTION purposes.

I published the #dot WEEKLY chart earlier on, showing its full life that has essentially been a variant of WYCKOFF distribution schematics.

And #RENDER is very similar in the current 'BULL MARKET', an attached 3-DAY chart shows the whole of the price action since JANUARY 2024.

Take a look at the DISTRIBUTION SCHEMATIC #2 pasted above the PA. Textbook almost. This absolute collapse could have been predicted, clearly. After this year's JANUARY blow-off top ($12), I saw what was forming and completely lost interest in this asset.

Learn your WYCKOFFS guys, and avoid coins that are looking like this one — you will save yourself a lot of money. And that’s my official financial advice, actually. Lol

💙👽

#wyckoff