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angela_altair

RNDRUSDT may aim for daily resistance around 2.27-2.29

RNDR / TetherUS PERPETUAL CONTRACT (BINANCE:RNDRUSDT.P)  
angela_altair Updated   
BINANCE:RNDRUSDT.P   RNDR / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns Technical Indicators rndr RNDRUSD RNDRUSDT rndrusdtperp rndrusdtidea rndrusdtlong rndrusdtbuy rndrusdtanalysis
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trendanalysis chartpattern indicator rndr rndrusd rndrusdt rndrusdtperp rndrusdtidea rndrusdtlong rndrusdtbuy rndrusdtanalysis
Story is similar here. The price touched the 4h support zone 4HS1 marked on the chart and bounced from there. Along with BTC push, this also got a chance to move higher. This one is probably clearing its way for daily resistance DR1 which is around 2.27-2.29. The 4h resistance is in the way which may hold the price for a while, but I can see it aiming for the daily resistance DR1.
Comment:
The price has hit the target resistance zone DR1. It was slower in the beginning compared to others like INJ but caught up very well. Now the price is trading inside the daily resistance zone. It may spike upto 2.35 and further. But I closed my trading long here and wait for another opportunity probably around 2.20.
snapshot
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