RNDR looks to be attempting to break the 17 day consolidation. I expect a retest of near 14$ very soon. BTC has defied my short thesis so far and we have less than a month now before the halving. Maybe BTC will be less volatile going forward.
-Profit taking 25% of my bag at 20$ as I am up VERY much
-Long-term target is 40-42$ based on network expansion
Hello Trader BINANCE:RNDRUSDT.P
valid double bottom area and has not retested for now, can wait for the re-test area in the 11.0512 area or a little higher, because there is a small base support in the area, just limit buy.
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Disclamer: Not...
Render reached our second target level (12.717). I updated the chart. Potential support levels are daily imbalance and weekly imbalance below. Weekly imb and old high are on the same level which is important. If we see any pullback at those levels it will give an opportunity for us. I'm setting my alarms and will keep an eye on.
💎 Paradisers, take notice as we observe #RNDRUSDT an intriguing move underway. Should the price maintain its drive at the critical support of $9.936, there's a good chance we'll see an ascent towards overcoming the resistance at $13.873.
💎 Another angle to consider: if the price of CRYPTOCAP:RNDR can't sustain its momentum at this key support and dips below,...
After the latest news, RNDR is under the falling pennant. In the short term, RNDR may try below Fib levels. He signed positive agreements in the long term.
NVIDIA conference could ignite the price given the CEO will be at the helm to talk about rendering and all things coming soon. It's already seen double digits in a short space of time, will we see triple in quick succession i wonder?
Target 1 - $25
Target 2 - $55
Target 3 - $75
#dyor
For educational purposes.
🔮 RNDR Analysis - Breakout Trading 💰💰
🌟🚀 #RNDR was trading in a Bullish Flag Pattern in 8h time frame and breakout the pattern with a great volume. We can expect a long rally after a small retest in #RNDR.💲💲
🔖 Current Price: $13.428
⏳ Target Price: $18.590
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and...
As you see the compare between FET and RNDR so similar moves! RNDR broke the ATH and has nothing in front of it to stop it! So every red candle could be a buy zone DYOR!
Missed the buying opportunity before don't worry it's coming again.
●Btc dump might bring RNDR down at the Daily FVG
●Buy limit are
9.190
8.331
7.480
●Holding this Daily FVG is Bullish from RDNR.
●in a bull market we get these kind of retracement to the out the weak hands
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About RNDR
(Update)
On The Verge Of Massive Breakout Formed Descending Channel✅
Incase Of Successful Breakout Expecting Massive Bullish Wave✍️
Seems Like Getting Ready For Another Massive Bullish Wave⚡️
With the formation of a Bull Flag Pattern, CRYPTOCAP:RNDR is poised for bullish momentum! 🐂 Keep an eye on the Fib retracement targets, short-term targets ranging between $13.5-$15! 🎯 Long-term outlook appears even more promising, with targets extending to $17.5-$20!
I'm already positioned on RNDR from the bottom of the cup and the handle.
From now on, I'll accumulate every strong drop.
I'm waiting for the price to drop so I can buy more.
I'm expecting new ATHs for 2024/2025, be patient.
