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...
Its 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.
Hello 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%
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Disclamer: Not Financial Advice
Speak TRADERS, I bring you a day trade option in the RNDR USDT Crypto.
I've posted trades of this type here on my profile before, and they are usually very interesting due to the risk and reward they provide.
LOGIC BEHIND THE TRADE
This is a change of character that occurred in the early hours of today where the price showed interest in cheaper prices but did...
#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 🚀
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about RNDR
RNDR Moving As Expected & Running In +15%Profit So Far✍️
Expecting 40% bullish wave in coming Day's 🚀
#RNDRUSDT
UPDATE
Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze RNDR today.
Running in 10%+ profit .
Expecting more in coming days🚀
RNDR 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$.
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...
RNDR 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.
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...
#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.
