Power of 3 Rndr setup or Order block set upCHart shows entry off a power of 3 or an entry off the daily orderblock
RNDRUSDT.P trade ideas
RNDR/USDT Trading ScenarioThe RNDR asset price demonstrated the formation of an inclined support level, which was successfully tested three times, followed by a confident rebound.
In parallel, an inclined resistance level is observed, from which the price bounced twice. In the context of the volume profile, the asset is trading in a range between $7.895 and $11.088.
Currently, the price has bounced off the sloping resistance level for the third time, which could lead to a continuation of the uptrend.
If the breakdown and consolidation above this level occurs, growth to the local maximum at $13.839 is possible.
Render: Possibly at the bottomAfter my previous 2 render ideas (which turned out well) it was time for another update.
Render broke through its support zone of $8.80 yesterday and is currently trading around the price of $8.30, just like Bitcoin failed to hold its support yesterday.
I also just posted a bitcoin chart indicating that the markets are most likely in a big fuckery with shorts building up liquidity for bulls to push the markets higher. I therefore expect that the Render bottom has now almost been reached. Looks like this is a good point to top up your mid-term bags.
I see a lot of traders screaming and shouting for a render dip towards $6. I don't expect this to happen. I expect that a trend reversal is imminent and a new push towards the upside is inevitable.
RNDR ANALYSIS (12H)RNDR appears to be inside a large diametric.
We now seem to be in the middle of the F wave.
We have a good support area to complete the F wave.
If the price reaches the green range, we will look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RNDR-ing Profits - A Technical Analysis on RNDR (Render Token)Render Token ( BINANCE:RNDRUSDT ) is the native cryptocurrency of the Render Network, a decentralized platform offering distributed graphics processing and rendering services. It allows artists and content creators to exchange GPU compute power with node operators, facilitating the creation of high-definition graphics and visual effects. With a circulating supply of 388,646,672 and an all-time high (ATH) of $13.60, RNDR has positioned itself as a prominent AI crypto asset with strong potential for future gains.
Technically speaking, CRYPTOCAP:RNDR is currently forming a large symmetrical triangle on the daily chart. The token experienced a significant correction from its ATH of $13.80 down to $6.24. Following this dip, RNDR rallied to $11.65, then consolidated, forming the symmetrical triangle pattern. The $6-$8 price range is identified as a strong buying opportunity, with the next major resistance around the $10-$11 range. Breaking this resistance could lead to a rally up to $14, creating a new ATH.
Analyzing the indicators, daily oscillators remain neutral, while daily moving averages signal a strong sell. However, on the weekly timeframe, oscillators stay neutral, and moving averages show a buy signal. This mixed signal suggests a cautious yet opportunistic approach.
Overall, CRYPTOCAP:RNDR is a valuable addition to any portfolio. Given the favorable buying range, investors should consider accumulating RNDR. Monitoring the resistance levels and potential breakout points will be crucial for optimizing entry and exit strategies.
RNDR: expect a little correction, but very bullish!As promised, here is a mid-term update on RNDR. After perfectly hitting our 5$ target from the previous forecast, I now expect a small correction after a prolonged rally of RNDR as shown on the chart, but we are not bearish at all.
Have you not been able to get in yet? Then use this small correction to stock up on your mid-term bags. Next year I expect a new ath for RNDR, with heights that are difficult to predict. On to $80? Who knows... ;-)
RNDR - Pixel perfect!Previous RNDR idea played out exactly as we thought.
One of the reasons I started shorting this, is how perfectly it was painting a complacency bounce, next to EMA shenanigans we talked about.
Now we are at big boss level: Daily EMA 100
Bulls really want to see this hold imo. Although losing it on a weekend is not that bad, as long as we reclaim it on Monday.
One important factor here is sentiment: You learn a lot about other people's positioning by posting counterflow ideas about a coin.
If you get comments like "happy liquidation" and price isn't moving past resistance on green days, that's a really good indicator to get positioned for the other side.
For crypto, my golden rule has become: Sentiment > Price > Fundamentals
We trade pvp against other anons with less patience and discipline than us. Sad as it may be, you'd do well to never ever forget that. NVDA can discover the cure to cancer all of a sudden, it doesn't change anything about the poorly positioned toplongers for RNDR.
Twitter shows the path.
The chart confirms.
All the rest is noise.
RNDRUSDT trading opportunityRNDRUSDT has recently experienced a breakthrough above the neckline of the Cup and Handle setup. Notably, the neckline has successfully transformed into a support level, instilling greater confidence among bulls.
Anticipating a potential pullback towards this neckline, as it now acts as a solid support, the focus shifts to observe the external supply zone. This zone is poised to serve as a major resistance, potentially causing a temporary halt or reversal in the bullish momentum in the short term.
The overall setup target, as illustrated on the chart, provides a comprehensive view of the potential trajectory following the recent price action.
Your engagement, including likes and comments, is encouraged to foster discussion and gain insights into the broader market sentiment.
Thank you for your participation.
5th wave push up for RENDERLooks like Render is approaching Support and should bounce for a nice long position with minimal loss if trade goes south. 10 to 20 X your money possible.
RNDR - A long term trade opportunityBINANCE:RNDRUSDT (1D CHART) Technical Analysis Update
RNDR is currently trading at $9.39 and showing overall bullish sentiment. Price has broken out from resistance multiple times and now it has hit the support again and bounced back from the support line. This is showing overall bullish momentum and we have a good long term trade opportunity here.
Entry level: $ 9.43
Stop Loss Level: $ 6.55
TakeProfit 1: $ 10.7598
TakeProfit 2: $ 12.3494
TakeProfit 3: $ 15.6090
TakeProfit 4: $ 19.4590
TakeProfit 5: $ 27.9267
TakeProfit 6: $ 35.9265
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
RENDER Targets $8.10When you take a look at the chart, you can see that render has lost some buyers and has now flipped an important support into resistance.
The area with the most volume, is the May POC. if we can bounce from that level, a 15% increase to the previous resistance can happen.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
RNDR PriceThe daily chats of the Render token witnessed a retracement and has retested the 100 day EMA mark in the last trading sessions. Interestingly, it took support on the upward trendline and glimpse signs of rebound.
RNDR PO3 ChartChart shows a rndr PO3 set up
Or a bounce into the order blovk followed by bullish continuation
RNDR Long Trade SetupCurrent Situation:
Price Level: RNDR has been trading in a tight range with low volatility, indicated by the narrow Bollinger Band width.
Technical Support: The Simple Moving Average (SMA) is acting as support for the price.
Bullish Bias: The price structure remains positive, suggesting potential for an upward move.
Upcoming Event: Apple’s WWDC on June 10th could be a catalyst for increased volatility, especially if there are mentions of AI, Octane, or Render, which are known to influence RNDR.
Trade Strategy:
Entry Point: Enter a long position around $9.75.
Take Profit Targets:
First Target: $11.60
Second Target: $13.80
Stop Loss: Set a stop loss at $9.00 to manage risk.
Summary:
RNDR is currently in a period of low volatility but is positioned for potential bullish movement, especially with the upcoming Apple WWDC event, which could act as a catalyst. The trade strategy involves entering at $9.75, with profit targets at $11.60 and $13.80. The stop loss is set at $9.00 to limit potential losses.
RNDRRNDRUSDT is in a consolidation phase, either side break out can be expected. For better entry wait for break out. Below is the reason for this coin to pump in this bull run.
The biggest problem we're facing in the coming times is the shortage of GPU (Graphic Cards). Because graphic cards are used in every modern technology:
Machine Learning (AI)
Gaming
Mining of Crypto
Blockchain
Web 3
And all these things are dependent on GPUs. The only project that was solving this issue was CRYPTOCAP:RNDR , which surged from $0.20 to $15, a 50x increase, meaning a 5,000% pump.
RNDRUSDT-On the Verge of Another Breakout....!Dear Traders,
We are convening a discussion focused on #RNDRUSDT
A Symmetrical Triangle Pattern is Formed
Now it's Ready to Break the Pattern
In Case of Successful Breakout, Expecting a Bullish Move of 100%🚀
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RNDR - what's below the line? let's find out!Took a short on RNDR here.I'll be happy with one more push up like in the image.
The "support" on RNDR here seems very sus. EMAs usually don't provide support like this, it's more tap and go. This seems like somebody is trying to protect a previous position, curious to see what we find below that line.
Target is D1 EMA 100, then we see.
RNDR clinging on to W ema12. Ultratight and volatility incoming RNDR has been sideways for ages trying for a W HL . its gonna be time for a break pretty soon.
RNDRUSDT-Symmetrical Triangle FormationRNDRUSDT-Symmetrical Triangle Formation is done in daily timeframe buy from here
RNDRUSD 1WRNDR ~ 1W
#RNDR Make purchases gradually after successfully breaking through the resistance line of this pattern, with a minimum target of 15%+
good range buy for renderrender gave a good little bounce at the bottom of the range you could put stop at my white dote line and trail the stop with the blue horizontal line you take profit a top of the range at my green line then you can aim for red box.
RNDR Update 4Hits in pullback process , we wait in here for reaction to blue zone, if we see buyers weakness we will go for short setup
