Another altcoin making its move But be always be sure to wait for a retest, for every trade you take. Remember your risk management. Finally Goodluck in your trade.
This long is favorable here. It seems the price has been consolidating in the current range for long and it shall be ready to move upward. The target for the long trade should be the 4h resistance zone 4HR1 which is sitting around 2.06 area.
I did expect it to come to weekly support but not so quick. It is still not there but is almost there in a day. I will buy some spot as planned. I think probability of this giving a good bounce from weekly is very high. If it continues to be so catastrophic then the next level to watch for is monthly support 1.36-1.46. But as I said, I think weekly support shall...
The price pushed substantially up today. However, in last few hours it has retraced significantly as well. I think the price has now come to a support level from where it has a higher probability of bounce and therefore a long opportunity is favored. The target for this long should be 2.31-2.32.
This one seems to be heading for the daily support DS1. I would prefer a long from that zone. Therefore, I will remain patient for a trade with this one. If it does not visit the DS1 zone and moves beyond 2.45, that would also signal to take long trade from other levels. So lets just be patient for a while. I believe the trade opportunity will come to us. The...
I am not holding any spot RNDR tokens. I did not know about this one early enough. But I am planning to get some spot buy of this token when the price hits weekly support. Seems a bit far fetched by looking at the chart but its possible that it may revisit that weekly support zone. But I might grab some spot on the daily support zone as well to sell later. Seems...
This one did come back where we were expecting it to. Now from here it may bounce. We can take a long from here for a few percent gain. The target should be 2.40 as that is the low time frame resistance for the time being.
So it did revisit the DS2 support zone and further down. I bought some spot here at 2.235. Lets see where it goes. Will sell it 3%-5% profit.
1D time frame - RNDR creating a symmetrical triangle. 2.5 is a great entry to open long. Target: 3.8 SL: 2.5
RNDR will be reach to $4.6, if price retrace to $1.6 that's a great opportunity for entry.
The last long trade did not work out and closed in loss when the support was lost. Taking this long trade again from here. I think the price will hold the previous low and thats why previous low is set as stop loss. Risk is limited so this long trade is favorable.
Price is at local hourly support. Lets try a long here towards 4h resistance and probably higher.
We have talked about this monthly resistance in some of the previous trade setups. The resistance is doing its job till now and have kept the price controlled and currently trading just under it. The daily support under that resistance is holding the price and providing the bounce we see.
The price retraced from the 4h resistance as marked on the chart as the final target of the last long trade. Now the price is again at the hourly support and expect the price to bounce here . The bounce is actually already taking place while I am writing this. Target marked on the chart for this long trade.
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.
So seems a long can be tried here. I see the price going a bit up here and target 2.71. But may drop the position on the way depending on the price action.
Hi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with US Dollar pair. Our last successful trade of RNDR was as below: Now on a 4-hr time frame, RNDR has almost formed a bullish Gartley move for the next bullish reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and...
The price is at the next 4h support. This one is a bit reasonable support than the previous one. Lets try this long towards 2.70 area.