Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About RNDR (Update) Moving Exactly As We Expected & Running In +30% Profit So Far Still In Bullish Hope Soon Breakout Incase Of Successful Breakout Expecting Massive Bullish Wave
📊Analysis by AhmadArz: 🔍Entry: 9.780 🛑Stop Loss: 9.200 🎯Take Profit: 10.270 - 10.787 - 11.304 - 11.811 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
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 (RNDR) token price noticed a gigantic up move and noted sharp pump activity this week.
#RNDR chart looks promising. It has bounced from the neckline of the rounding bottom pattern on the weekly chart. Targets are: $12.540 $14.020 $16.128 $18.812 Supports are: $9.228 $7.945 Bitcoin can ruin the party at any moment. So use tight stop-loss on all of your trades.
We are here. I believe these are the opportunities we've been waiting for.
If we look at the chart of #RNDRUSDT on the daily timeframe, we can see that in recent months, the ‘buyer’ has been aggressively active in the $6-8 range. Currently, CRYPTOCAP:RNDR is trading in the $10 range, but to be completely convinced of the serious intentions of buyers, I would like to see an aggressive defense of $7.70-8 📝Higher trading volumes in...
Render broke through the descending trendline and the resistance level. The bullish movement to a local high of $13.5 is expected to happen.
With members I post step by step, here I want to show how I see cap and candle and bottom formation. For now, RNDR is one of the few that shows that the correction is over. Of course, below 8$, this setup is canceled. On every page where I see a breaking point, I will try to publish it as soon as possible, and any discussion is welcome. Follow and support if you...
Render Testing Resistance. Possible retest of previous support before breaking major resistance. First Price Target previous high $14. Last chance to accumulate on retest.
With the rise of Artificial Intelligence , many projects are looking to capitalise on the massive potential that AI promises. One of those projects is RENDER , the first decentralized GPU rendering platform launched in 2017, the Render network is built to provide a platform for a wide array of computation tasks - from basic rendering to artificial...
Render is reacting more than others and it seems to be in an different market structure here as we have been building more higher higher lows and higher highs when zooming out. Currently we are on the edge of the MDay-Low range, we are looking for a sweep of this Weak Low and the MDay-Low right into the 1H demand zone and the range low. The volume profile should...
#RNDR/USDT is forming the Rising Wedge Pattern in 4-Hour TF! I'm looking for a short position here. I'm expecting a bearish scenario from here. The major resistance level is PMH $11.6.
I am thinking BINANCE:RNDRUSDT still have one more high to make and now is the time to ape. The invalidation level clearly rules this out so keep note. Will upload the overall context to this later, just don't want you to miss out on any of what I have prepared in store for you all. OTHER ANALYSIS
Technical Indicators Flash Bullish Signals: The RNDR/USD chart boasts a confluence of bullish technical indicators, strengthening the case for a potential upswing. MACD Crossover: A recent bullish MACD crossover signals increasing buying pressure and potential momentum to the upside. Stochastic RSI Divergence: A bullish divergence between the Stochastic...
Hi all, As you can see butterfly pattern is completing , a red candle can bring price to less than 8 Please trade on your own risk
#RNDR The price is moving in a bearish channel on a 12-hour frame and is adhering to it to a large extent. It has been penetrated upward and the channel is being retested. The price rebounded well from the green support area at the 6.70 support level, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the...
RNDR is staying above 11$ which is extremely bullish here. Multiple tests of this green fib has already occurred. You can see a wick to my previously marked area of resistance on my last chart, this needs to be overcome. The next key area is previous all-time-highs, once we reach price discovery again I think 18$ comes quickly.