Yello Paradisers, Potential Coin!
💎 RNDR has surpassed a crucial level area, solidifying the anticipation of bullish movement. Additionally, RNDR has broken out of a Major falling wedge pattern, enhancing the prospects of bullish momentum.
💎 Prior to breaking out of the falling wedge, RNDR faced challenges maintaining its stance in the Bullish OB Area. It’s...
1. CHZ
Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands.
2. RNDR
RenderToken (RNDR) is a distributed GPU rendering network built on top of...
Render (RNDR) has set a higher low.
If RNDR reclaims 1.66, (0.5 FIB-level), I think it goes for higher highs on weekly time frame (85% gains)
If you have conviction on RNDR this could also be a good DCA spot.
RNDR moves fast, so this long time move can play out faster than you think!
RNDR has reached a daily resistance. RNDR actually returned to this resistance, which is a falling order block, to gather orders.
CH has made a downtrend which is a good confirmation. In my opinion, RNDR is very runny.
I have specified the goals.
I have specified the invalidation level, closing 1 daily candle above this level will cause an analytical...
BINANCE:RNDRUSDT SHORT
Deviation above range highs to hunt stops and back inside the range again.
Bearish divergence building up on 6h since last Friday.
Entry now: 1.48
Target: 1.33
Stop: 1.54
💎 On May 19th, #RNDRUSDT reached its highest point in 400 days, testing the $2.95 level. However, what followed was a persistent decline, resulting in a substantial 57% drop.
💎 A noteworthy aspect of this decline is the price action surrounding the 61.8% Fibonacci support level. Bulls have demonstrated resilience in defending this critical level. Simultaneously,...
Render price is flowing smoothly and updates the lows which forces the long traders to close their trades.
We saw this pattern a few months ago before a pump: wedge breakout and dump of the price.
The closest target is $2.91-3.3.
BTW Me and Altcoin Gems members bought Render at $0.61 and sold 50% at $2-2.5. I think that this altcoin have enough potential to...
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
This one is going as per expectation. The monthly support is doing its job and holding the price well and making the price bounce if the price hits that level. High time frame view is still the same and expectation is there that the price will be held by the monthly support and will head towards weekly resistance. I do see that weekly resistance stopping the price...
Daily Chart
Render Token is in consolidation phase in range 1.25 - 1.55 and it's trading at 1.485 now. Very nearly resistance
Chart 4H TF
BINANCE:RNDRUSDT is still uptrend and moving up to resistance around 1.55
This level is very strong, so I don't think RNDR can break out now. Besides, this level is retracement 0.618 Fib that's why I more likely for...
Chart 4H TF
Render Token BINANCE:RNDRUSDT has been recovering to resistance at 1.55 and rejected this level.
Now, it's trading at 1.465
I expect price will test resistance one more time before turn back to main trend
Wait for next move
As mentioned in the original post, this one has hit the monthly support and has been since trading around that support zone. The price has bounced from there and I think it is getting ready for the upward move. I think this is a very good opportunity. Even if the price dips again into the support zone, the probability of bouncing from there is very high although I...
RNDR was great early in the year, but is losing it's gains in a quick manner. This trade is based on the idea that RNDR will give away most of it's 2023 gains and will move down towards the support level of the triangle.
To increase the risk-reward, I'm going for an aggressive entry at 1.44, stop just above the recent local high, target at the bottom support of...
