Too Ez...Not really worried about short term downside if more comes...I'm confident in my alt season view and see this as an easy swing trade well into next year.
RNDRWETH_C0A6BB.USD trade ideas
$RNDRUpdate analysis. Looks like Render is headed toward $7. What I'm going to look out for is does it take out those two previous lows at $5.70 and $6.35?
$RNDRRNDR just completed it's ABC correction phase. Strong support level at $10. MACD creates a higher high and this next move up should take it to it's ATH again.
RNDRUSD - Possible Head and Shoulders To me this looks like a possible Head and Shoulders chart pattern. I am unsure if the dip up at the “head” invalidates this chart pattern and would love to know what you all think? RNDR has been quite bullish lately but going into the weekend we look to be sitting just above the “neckline” of support. If price breaks the neckline, which it currently looks like it is doing just that, we could see a drop down to about $8.7687.
Happy trading!
RNDR : BULLISH, Despite the Dip - Here's Why👇COINBASE:RENDERUSD
A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern.
Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the pattern.
From a technical chart analysis perspective; if you trade chart patterns you should be able to successfully take a long on the support zone. All considering, this will be a medium-risk trade:
Another confirmation from technical indicator, the green trendline is a potential wick zone (price on the right pane):
Falling perfectly in the center:
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(RNDR) RENDER NETWORK CRYPTO ASSET ON BULLISH TRENDRNDRUSD price is on a Bullish trend and per harmonics will possiblty continue upward in short term and hopefully make a new ATH soon previous was $13.90 in March 2024.
$RNDRRender needs to finish this daily candle above that trendline or a retracement to $8.40. A target of $9.25. If the MACD creates a higher high than $10.30 before setting its sights on $11.75. Overall, this thing is bullish AF!
RNDR Wave C SetupRNDR is currently ascending in a three-wave ABC structure, with wave A equaling wave C in target. The asset is now deep in the support zone, presenting a good opportunity to scale in for the upcoming wave C target of $25. It's advisable to begin scaling out early around $19, at the 0.786 level, rather than waiting for the precise target of $25.92.
RNDR BULLISH IN THE LINE!!!"RNDR is riding the bullish wave and forming a very interesting pattern. Looking at the long-term timeframe, RNDR appears strongly bullish. We can see a similar pattern to what happened when RNDR corrected from $5 to $3 and then surged to $13. Now, the chart shows a similar pattern as RNDR dropped from $13 to $7, bounced three times, and now it's starting its fourth rebound. Looking ahead, the long-term target for RNDR seems to be around $30. This is definitely something worth keeping an eye on!"
$RNDRI'd like to see CRYPTOCAP:RNDR take out the low at $6.30 before moving up again. A bear flag pattern may suggest that. A full bar close above $8.16 might nullify the move down. Ideally an entry at $5.15 would be amazing (reversal 1.618 level)
Don't panic. Now is the time to Go home or Go LONG. Next few days will be very volatile. Trade with caution.
RENDER BUY NOW!! (Don't Miss Out!!!!)THIS IS IT. This is the dip we are looking for, as the bitcoin halving approaches, sell orders are being triggered before the big run up!! I wont be surprised if it came back down lower, so long as it does not hit the Swing Low I am confident this will breach ATH.
RENDER Long OPPORTUNITY!! LAST CHANCE!!Where price is @ currently, is a good position to buy and hold. You can pay yourself out a bit on each target profit marked. You should leave a bit more on the side for the long term run up.
Idea: Price will make the interweek low, Tuesday - Thursday(I know i said Wednesday on the chart but T-TH is the ideal spot) and have a run up taking out Mondays high! Right Away you should pay yourself a little bit and continue on forward. Price will trick people to think it will DUMP, triggering sell stop on a "broken support" level, and make a run up, causing people to lose money and make the whales, institutions, etc, more money. This is currently at a discounted price level. These are key things to look out for: consolidation, manipulation, expansion.
Consolidate: Building up liquidity in a small range, in other words, make buy/sell stop orders to target where the money is.
Manipulation: Trigger stops, other words, make people believe we are heading in the direction retailers expect
Expansion: Expand to the opposite direct, in other words, take their money and go!
Render (RNDR): Nervous about diamondsI don't like diamond patterns. Never have... Most of the time, breakouts from diamonds morph into other more reliable patterns. Not sure where this one is heading, but if I had a gun to my head I would put my money on it progressing down a bit further first.
Log Plot...Upside here is probably not going to be as big as many other coins but it's a safer bet and will probably trend decent for the rest of the year.
RNDR - Strong bullish Looking for a coin with momentum during this bullish season? RNDR has soared past all resistance zones and is well-positioned for reaching new highs. This trend indicates strong buyer confidence and could signal continued upward movement. Keep an eye on RNDR—it could be the coin to watch!
RENDER Buy Opportunity, Short now!Please refer to the chart. This explain and shows where price is most likely going towards. The gray box is the point of interest to really drop heavy into the coin and expect to hold for a ATH and longer. I believe price can reach $50 before summer/end of summer. Ill will update this analysis in the comments later.
Render: Is it down from here, or up?The long-term trend line says it's up, having touched the trend line this afternoon. However, there is also a short-term down channel formation.
Re-Analyzing The Rocket PumpSo yeah that 13% drop was kinda rough and although I'm not worried about it as the market is still to grow I don't wanna be stuck on a long sideways trend when I could be finding other rockets. So here is a better idea of what's going on right now. My main point is watch if this thing bounces off the SMMA and the volatility will swing into buyers favors.
RNDRUSDT Breakout of rising wedge... future predictionBreakout of rising wedge=typically an exact clone of the previous breakout move
Going for itPrevious Doji reversal didn't do much to the resistance now the second low Doji took off with momentum. I see extreme momentum to reach a 30-40%.
This is not financial advise only technical analyst details.
RNDR (BULLISH ASCENDING TRIANGLE)!!!!when viewed from the chart above, it indicates that the RNDR crypto asset is currently experiencing a strong upward trend (bullish ascending). If the price of RNDR manages to break the resistance level at $12.8, it is likely that there will be further gains. The potential price target after the breakout is between $15 to $20. This suggests that there are significant profit opportunities for traders who choose to buy or hold RNDR at this time, with considerable short-term profit potential if market conditions continue as expected. However, as with all crypto trading, there is a risk of loss that should be carefully considered. Therefore, traders are advised to conduct further analysis before making any trading decisions.
