RNDR / USDT One of top favorite coins in this cycle The chart says it all : – Positive retest of 2nd weekly S/R – potential breakout of current accumulation range If no more BTC drama Next leg up should be very soon
CRYPTOCAP:RNDR AnalysisRisk/Reward: Looking promising. The breakout has occurred, and we're currently seeing a retest. TBH, everything looks good for altcoins unless BTC makes an unexpected move at the Monday open. Keep an eye on it. I've entered the trade, taking the risk. Accumulation Zone: $9.88 to $10.40 Targets: $10.87, $11.45, $12.22 Stop Loss:...
I would like to share a long-term accumulation strategy for RNDRUSDT that I've been eyeing. Chart Patterns and Indicators: Descending Channel: The price is currently moving within a descending channel, indicating potential breakout opportunities. Harmonic Pattern (XABCD): The pattern suggests potential reversal points at identified accumulation zones. Volume...
We're entering wave 5 for RNDR, bullish consolidation above the previous range like we saw numerous times before during this run. Big accounts calling for lower, this could be if bitcoin is gonna make a lower low. I assume the bottom is actually in and like to think the same for RNDR. Up from here, I've put some stops just below the 0,5 in case we retrace deeper...
#RNDR The price is moving in a bearish channel on a 12-hour frame and is adhering to it to a large extent. It has been penetrated upward and the channel is being retested. The price rebounded well from the green support area at the 6.70 support level, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the...
#RNDR: Played out perfectly! Up 15% from the average entry. Target 1: ✅ Approaching the second and third targets. Hope you didn’t miss this one! Like & RT for more! Do hit the like button if you want me to post more of these setups! Thank you #PEACE
I am Hodling RNDR which is NVDA of cryptocurrency for me. Until the target price, I am not selling a penny because we are at the beggining of altcoin bull run. There is this rounding bottom pattern already retested that shows we are now in the way of going to the target price for RNDR.
A couple of weeks ago we were looking at the bottom of the rendering for a potential investment. Now he sees a long zone that should hold. We see that the 50DMA is also coming together with a strong support zone. It is important to make a good risk reward, as in this case. We are talking about futures trading, which in this case is potential. I can also profit...
CRYPTOCAP:RNDR has formed a cup and handle that can potentially breakout to a new all-time high at ~$15.30. This would be +40% from the neckline. Wait for a retest of the neckline at $11, which also happens to be the volume point of control. Once a breakout occurs from the neckline, jumping into a long position is likely to be profitable. Set appropriate SLs and...
LONG #RNDRUSDT from $10.11 stop loss $9.1 1h TF. The asset bounced off the support zone, I expect a move to the test or move over and move into the liquidity zone. Enter a position from the current price or at the price of 10.11 one averaging at your discretion, cross
Technical Indicators Flash Bullish Signals: The RNDR/USD chart boasts a confluence of bullish technical indicators, strengthening the case for a potential upswing. MACD Crossover: A recent bullish MACD crossover signals increasing buying pressure and potential momentum to the upside. Stochastic RSI Divergence: A bullish divergence between the Stochastic...
Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Biggest crypto AI narratives RNDR rose upto 20%. . Now the biggest question is: "Will RNDR token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?" YES , there is HIGH probability...
So following through on the past analysis where I called it bullish for BINANCE:RNDRUSDT at $6.703 which is now over 40% gain just after hitting the 7RR trade setup (see all chart below) I bring you the update in full. It is very simple. Either we have completed our wave 4-orange and we are heading straight to the wave 5 at around $14-18 right now (dotted...
The Render token (RNDR) signifies bullish sentiment and is replicating bull accumulation this week.
We are heading into wave 5 of bitcoins blowoff top. Last consolidation, last chance to buy relative strong coins like RNDR. I see the whole crypto market topping in June, with the AI sector as the leading narrative. I expect one last pullback to the highs of our previous range ($9,5) before the bulls take over. I had a friend that is still holding on to his...
RNDR has gained momentum and it might cross its prompt hurdle of $14.
RNDR just missed order block and created liquidity in form of sell side liquidity which has given us opportunity to take our and form long position here. I will take long position below SSL and will do dca below wick if price comes here. A very very clean setup. A trader can catch this chart moves easily.
We are here. I believe these are the opportunities we've been waiting for.