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angela_altair

RNDRUSDT at daily support, likely to head towards 2.54 and 2.60

Long
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 rndrusdtlong rndrusdttrade rndrusdtanalysis rndrusdtbuy
4
2
trendanalysis chartpattern indicator rndr rndrusd rndrusdt rndrusdtlong rndrusdttrade rndrusdtanalysis rndrusdtbuy
The price has entered into the daily support zone. This provides a trade opportunity favoring a long. The price may breach the level briefly but I think it is going to bounce enough from here to provide the long trade opportunity as marked on the chart towards 2.54 and 2.60.
Comment:
The price moved up more than 4% and shied away a bit from the first target of 2.54. Closed half the size at 3% profit. The price has dropped back to the support again and bouncing from there. I have added that half size again at 2.45. Lets see if we go to the target this time.
snapshot
Trade closed: target reached:
Out of all position at 2.56. Will look for new long setup lower.
snapshot
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