RNDRUSDT Bull Flag BreakoutRNDRUSDT Bull Flag Breakout on 15m TF. SL: 8.6550000Longby mistasgwUpdated 3
RNDRUSDT IDEAHello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring RNDRUSDT for a buying opportunity, RNDRUSDT UPDATE #Rndr is ready for a good bullish wave after successful breakout in this move we can see price around 15.000$💸 soon✅Longby ATradeSniper3
Quick Bitcoin Update - 5 May 2024Hello Traders, This is quick update on itcoin , Ethereum and Alt Coins. Also suggested to keep an eye on new coins08:44by cryptoblast86-11
RNDRUSDT UPDATE#RNDRUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze RNDRUSDT today. Bullish Pennant Breakout Confirmed in 12H time frame. Expecting 50%+ profit so far🚀Longby ELENA_CRYPTO_SIGNALS225
RNDRUSDT UPDATE #RNDRUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about RNDRUSDT Descending channel breakout confirmed in 12 h time Expecting 41%profit in coming days 🚀Longby Alex_Crypto_hub1
Another first here in crypto land...Read on my friends..... We don't aim for the stars here, we are the stars ! Yes, ladies and gentlemen and members of the jury, you are witnessing the genesis of the world's first crypto comic book, TV and feature film right before your very eyes. I say "Stand back and be amazed" my friends. Immorality has arrived and it is in the form of RENDER. Data and compute is the new oil and we are rendering it , as if we owned it. RNDR will steal your bike, eat your school lunch, relieve you of your pocket change and steal your girlfriend all while you are standing there like a deer in the headlights of a Ford F-10 while he cranks up Adele's new album and rips towards the moon. RNDR ain't perfect, but he's got the right idea. He knows data and compute are the new oil and he's aiming for the slickest algo and compute that can suck the brass off a trailer hitch. When you start stacking that much hardware, all running the "N" chip, all I can say is "Stand back and be amazed" "Render onto Caesar, what is Caeser's" takes on a whole new meaning my young unwashed rube. So lets watch the numbers shall we. They will be numbers that you have never even heard of and speeds that are beyond comprehension. but for those who can understand this, you know where the future is going and you have a ticket on that train. The other's, well they will farm root vegetables. Embrace the future today, before it eats you for breakfast tomorrow. Enjoy the show. Dr. Render. Episode 1 by WMWToronto2
RNDR back to momentumRNDR wicked perfectly to my downside target which was the prior cycle high. A strong reversal is noted and almost back to the momentum trend line. The weekly stockastic RSI is starting to point upwards signaling a macro reversal. I still plan to hold my bags until 20$ and sell 25% there. We still need to retake the green fib which is about 11.5$.Longby Apollo_CB2
RNDRUSDTFacing good resistance see downward move of flip the area see upward move by mashoodamjad911ma1
SHORT RNDUSDT DAYTRADE IDEIA 04/05/24Its possible just a pullback but we can take advantage and earn a good risk reward. We already see a divergence in the RSI and we are in a liquidity zone in the 15 minutes, I advise entering the trade on the 5 min charts, we need confirmation of the CHoCH and the position in the test region. Let's wait and see the market's reaction.Shortby CriptoSMCUpdated 2
RNDRUSDT: Bearish Triangle Looms, But Will Sentiment Prevail?The RNDRUSDT chart on the daily timeframe presents an interesting technical conundrum. A bearish triangle pattern has emerged, traditionally a signal of a potential price decline. However, the current market climate is heavily influenced by sentiment, making technical analysis somewhat less reliable. Let's delve deeper. The Bearish Triangle: Triangle patterns can be tricky. They can indicate either a breakout (price surging past the pattern) or a breakdown (price falling below the support line). In this case, the bearish triangle on the RNDRUSDT chart suggests a downward move might be in the cards. The converging trendlines act as a squeeze, potentially leading to a price breakout towards the bottom of the triangle. The Sentiment Factor: However, the current market environment throws a wrench into the technical analysis. Right now, sentiment often trumps technical indicators. News events, social media buzz, and overall investor confidence can significantly impact price movements. This makes it difficult to rely solely on the bearish triangle pattern to predict a price drop for RNDRUSDT. So, What Now? Here are some approaches to consider: Cautious Approach: Acknowledge the bearish triangle pattern, but recognize the influence of sentiment. Wait for confirmation of a breakdown (price closing decisively below the support line) before entering a short trade (betting on the price to go down). Focus on Confirmation: Look for additional technical indicators supporting the bearish outlook. This could include increased volume during a breakdown, confirmation from other indicators like RSI reaching oversold territory, or bearish candlestick patterns appearing at the support line. Alternative Scenarios: Don't discount the possibility of a false breakdown or a breakout from the triangle in the opposite direction (upwards). Monitor the market closely and be prepared to adjust your strategy accordingly. Remember: Technical analysis is a valuable tool, but it's not a crystal ball. Always consider market sentiment and other factors before making any trading decisions. Join the Discussion! Do you think the bearish triangle on the RNDRUSDT chart will hold true, or will sentiment continue to dictate the market? Share your thoughts and technical analysis insights in the comments below!Shortby OMGiTzREALHASSAN2
RNDRUSDT.PHello Trader BINANCE:RNDRUSDT.P valid ihns pattern area. not retest and continue again. for limit entry, you can enter the area 7.8752 - 7.9694 take profit 14% stop loss 3% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial AdviceLongby mfiqrihanafi2
RNDR TOkenThe Render (RNDR) token price dragged toward the trendline support zone around $7.60 and is hovering around it.Longby TheCoinRepublic2
RNDR Falling Wedge BreakoutRNDR Technical Analysis Falling Wedge Breakout SL: 6.859Longby mistasgwUpdated 2
RNDR 01/05/2024If price makes this level as a support we can expect to reach higher prices but we are currently at premium level. If we lose the previous low, this can bring us the discount level. We have OTE+old high level. If we pass the previous high then up.Longby GambittsVan0
RDNR Short SetupRNDR has breached its main support level on the daily chart, and this support has now become resistance. Given this technical shift, a downward trend is anticipated. Investors are advised to apply proper risk management strategies. Consider entering short positions when the price reaches the designated blue zone. Shortby Lamassu_TradeUpdated 1
RNDR longRNDR broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 10.5 is expected to happen.Longby Cryptobees_buzz8
$RNDR #RNDR #RNDRUSDT 22/04/2024 RNDR is consolidating at the moment. We are above the weekly open levels and if we pass the MO level then we can expect higher prices. In big picture, we broke all time high and consolidating above it which is nice. We should expect to trend go up Longby GambittsVan0
#RNDR/USDT is currently testing the resistance level of a symmet#RNDR/USDT is currently testing the resistance level of a symmetrical triangle pattern on the 4-hour timeframe💁♂️ In the event of a successful breakout, CRYPTOCAP:RNDR price could potentially increase by 50-60%✈️Longby CryptoSkullSignal1
H4 trend: how to trade itA small tutorial on how to use EMAs for gauging trend and relative strength EMAs used white: Daily EMA 100 green: H4 EMA 200 dark green: H4 EMA 100 Some simple principles: What a 100MA does, is show you the average closing price of the last 100 candles of trading. This means that if price is trading below the 100MA, we can see it as a majority of buyers being underwater. In reality, it isn't that simple of course: we need to consider the amount of volume that was traded during each candle and inside those candles, but it helps me visualise the importance of these "magical lines". EMA changes the formula so that more recent price action is weighted heavier than less recent price action. I found that it works better for my purposes, as it's more likely that somebody who bought yesterday will be impacted by price movements than somebody who has been in the position for 99 days (again: very simplistic example to make it easier to understand for me). Because both MA and EMA are lagging indicators, I use H4 EMA to gauge daily trend, D1 EMA to gauge weekly trend, etc. Trading H4 EMA As long as price keeps bouncing at H4 trend, it's easy: buy at trend, sell at x% deviation or TA target levels. The interesting part is when H4 trend is broken: Often we look for a few candle closes below trend to validate the trend break Underside rejection of the H4 EMA 200 confirms the idea From there, I keep my eyes on D1 EMA 100, expecting the gap between those two levels to be filled From here the assumption is that price will chop or range between those two EMAs. This works best in confluence with horizontal s/r levels, and personally I prefer using a volume profile as well. When price starts reclaiming H4 EMAs, we can look at H1 timeframe to look for signs of price respecting H1 trend, which will then cause H4 to trend again etc. If price keeps chopping around H1 and H4 EMAs, the assumption is that we are trading a range and I'll be quicker to take profits. If price starts losing or chopping around D1 EMA 100, or constantly rejecting at H4 EMA resistance, we need to flip our mindset to trading a downtrend instead of uptrend. To conclude Of course this is all mostly a system to gauge strength of particular assets and get an idea of the bigger picture. If I see BTC is trending down, I will avoid looking for longs and buying dips, but will instead look to short into H4 EMA. All of this in confluence with price action and other signals you might use. Educationby Tealstreet6
RNDR || Take Profit 50% As simply shown, RNDR targeting 50% within a few days as the coin has formed very strong signals to turn on the rocket to the sky! Longby The_CryptoHoney_TraderUpdated 7714
RNDRUSDT IDEAHello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring RNDRUSDT for a buying opportunity, RNDRUSDT UPDATE Breaking Bullish Pennant In 12H Timeframe Incase Of successful Breakout Expecting 65-70% Bullish Rally in coming days 💯🚀Longby ATradeSniper9
📊 In-Depth Technical Analysis - Rndr 📊🔍Diving into today's analysis, we find ourselves amidst the aftermath of the recent Bitcoin halving event, where miners are now receiving half of their previous rewards. As the broader market takes a breather, exhibiting signs of consolidation, it's evident that the current landscape doesn't quite cater to the dynamics of day trading. Hence, shifting our focus to a higher timeframe, we delve into the daily chart to dissect the intricacies of Rndr's technical outlook. 🚀 Project Overview: Rndr stands out as a premier cryptocurrency project, recognized for its practical implementation of metaverse concepts. More importantly, the project is actively progressing, with ongoing developments outlined in its whitepaper, offering tangible services for its users. 📈 Chart Analysis: After a notable uptrend from $4 to $12, Rndr initiated a corrective phase, retracing to around $7.633. Presently, amidst a period of market stabilization reminiscent of Bitcoin's behavior, Rndr has settled into a consolidation phase, indicating a temporary balance between buyers and sellers. 📊 Volume Insight: Analyzing recent candlesticks, it's apparent that red candles dominate in terms of volume, signaling a phase of market consolidation. While a reduction in volume often accompanies price relaxation, it also suggests a period of subdued market sentiment, characterized by decreased trading activity. 🔄 Fibonacci Retracement Analysis: A notable observation is the Fibonacci retracement from the previous upward wave, which suggests a pullback to the 0.5 level, indicating a phase of consolidation. Should a breakout occur, the potential target could be the previous high at $12.603. Conversely, a reversal from this level could signify a bearish trend reversal. 📉 SMA Evaluation: Of particular interest is the SMA99, currently intersecting with the price action. This convergence may signify a significant market influence, potentially laying the groundwork for a renewed bullish trend. 🎯 Conclusion: Taking into account all essential parameters, the analysis underscores the presence of a robust Potential Reversal Zone (PRZ) within the current price range, presenting an opportune entry point for spot traders. Furthermore, the ongoing high wave cycle serves as an additional catalyst, bolstering the potential for an upward trajectory. Stay tuned for further insights as the market unfolds!Longby itsparham967
RNDR/USDT showing a bounce, potential will back to upward!💎 Paradisers, the recent market dynamics surrounding #RNDR have indeed been noteworthy. 💎 Currently, RNDR is rebounding from the Bullish OB area, indicating a positive sentiment in the market. There's potential for RNDR to test the resistance trendline of the falling wedge pattern. 💎 If RNDR successfully breaks above this pattern, it could signify a continuation of the upward movement, potentially reaching our target Bearish OB area. 💎 However, if RNDR fails to break out of the falling wedge pattern and faces rejection at the resistance trendline, there's a possibility of a downward movement, revisiting the Bullish OB to establish new momentum. 💎 RNDR must bounce back from the Bullish OB area. A breakdown below this level could indicate further downside potential, potentially leading RNDR towards the support area or even lower levels. MyCryptoParadise iFeel the success🌴by MyCryptoParadise_Nathan13