Continuation pattern on RNDRLooking at a bearish pennant, target at circle.
Will the blood continue?
RNDRUSDT trade ideas
rndr higher timeframesrender went perfectly to the buy zone and bounced this is a project that is one for the future for sure many have been accumulating since .80cent or so cant say i have but..... may have been a mistake
RNDRUSDT coming close to weekly supportI did expect it to come to weekly support but not so quick. It is still not there but is almost there in a day. I will buy some spot as planned. I think probability of this giving a good bounce from weekly is very high. If it continues to be so catastrophic then the next level to watch for is monthly support 1.36-1.46. But as I said, I think weekly support shall hold this falling red bar.
RNDRUSD short positionOn the chart we can see a rising wedge formation. Our strategy is enter a short position when the price retest the resistance line.
We can see an on-going distribution as there is a lower highs construction.
Stop loss: 2.957 USD
Target: 2.021 USD
Entry: 2.785 USD
RNDR/USDT IS GETTING READYIm going to buy RNDR/USDT from current price with target 2.95$ .
Good Fibo point reaction + strong daily trend and time reaction.
Render Token Price Prediction 2023Render Token (RNDR) Price Prediction 2023
Render Token (RNDR) ranks 55th on CoinMarketCap in terms of its market capitalization. The overview of the Render Token price prediction for 2023 is explained below with a daily time frame.
In the above chart, Render Token (RNDR) laid out a horizontal channel pattern, horizontal channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of Render Token (RNDR) was recorded at $2.38. If the pattern trend continues, the price of RNDR might reach the resistance levels of $2.117, $2.581 and $3.525. If the trend reverses, then the price of RNDR may fall to the support of $1.638.
RNDR price action analysis. Me again with another setup of RNDR/USDT. I have mentioned my analysis by showing that RNDR is slowing making an upward trend channel. I have used 12HTF and mentioned my bullish and bearish points in it. As the market is right now going down, some of the alts are performing in the upper direction, and RNDR is one of them because, from this new year on, RNDR is performing very well and has also touched ATH. Despite dropping on May 8, we can see the upward trend is still on the move. Let's see what happens in the upcoming market. Monday's opening is very important.
RNDR is following bitcoin price movements and consolidating on others. Things can get choppy too. be careful!
No matter where the market goes, I have mentioned my quick scalping idea for both bullish and bearish scenarios.
Please respond with your constructive criticism. #PEACE
#DYOR #Market #Neutralview #RNDR #CRYPTO
RNDRUSDT at support, likely to head up to 2.31-2.32The price pushed substantially up today. However, in last few hours it has retraced significantly as well. I think the price has now come to a support level from where it has a higher probability of bounce and therefore a long opportunity is favored. The target for this long should be 2.31-2.32.
RNDR Decision time!RNDR approaching longer term trend line again.
Possibilities of going bearish if we loose this trend-line.
If we bounce it is going to be super bullish and there are in-balances to target above. I will update after the break. I
RNDR OVERALL STILL BULLISHHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
RNDR STILL OVERALL BULLISH!
As we can see price is still overall bullish trading inside this channel making clean new highs and higher lows.
Meanwhile, bears took over after breaking below the marked swing low, then bears are in control for now, speculating new bearish movements.
And as the price will be approaching our lower rising trendline, we will be looking for new bullish reversal pattern.
Unless price managed to trade higher, and as the price will be approaching our upper resistance zone,
Then we will be looking for new bearish reversal pattern.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
RNDRUSDT likely to head down for daily support for a bounceThis one seems to be heading for the daily support DS1. I would prefer a long from that zone. Therefore, I will remain patient for a trade with this one. If it does not visit the DS1 zone and moves beyond 2.45, that would also signal to take long trade from other levels. So lets just be patient for a while. I believe the trade opportunity will come to us. The planned trade setup is shown but may differ from the actual trade setup. I will post the actual trade setup when I take it.
RNDRUSDT weekly support an preferable spot buy zoneI am not holding any spot RNDR tokens. I did not know about this one early enough. But I am planning to get some spot buy of this token when the price hits weekly support. Seems a bit far fetched by looking at the chart but its possible that it may revisit that weekly support zone. But I might grab some spot on the daily support zone as well to sell later. Seems like not a bad spot for getting some.
Long on RNDR 15 minute!We are approaching a decent support level.
Fibonacci retracement gold zone reached.
Reaching a high volume node on the visible range volume profile.
Stochastic RSI is also at the overbought level and has been since 6am.
I would like to see a bounce up to the previous support which will take us back up close to the 200 EMA.
Short time frame only.
RNDRUSDT at daily support, likely to head to 2.40This one did come back where we were expecting it to. Now from here it may bounce. We can take a long from here for a few percent gain. The target should be 2.40 as that is the low time frame resistance for the time being.
Short signal on RNDROpen short ONLY IF price is stabilized under 2.26; Entry: 2.25 SL: 2.40 TP: 2.06, 1.81
RndrusdtAccording to the balance levels and the balance, the overlapping area and the next target are 2.02 and 1.66.
Artfully accumulate $RNDR between the depths of 2.5 to 2.35As the symphony of cloud rendering echoes across the digital landscape, the thunderous beats of opportunity resound in my ears, igniting an indomitable bullish fire within. Seizing this auspicious moment, I artfully accumulate CRYPTOCAP:RNDR between the depths of 2.5 to 2.35, acutely aware of its profound value and the potential it holds to reshape the rendering ecosystem. With a lofty target price (TP) of 2.88 dancing before my eyes like a celestial dream, I stand poised to embrace the meteoric rise that awaits, fortified by the unwavering conviction in CRYPTOCAP:RNDR 's ability to ascend to glorious heights.
RNDRUSDT good spot buy for 3-5% gainSo it did revisit the DS2 support zone and further down. I bought some spot here at 2.235. Lets see where it goes. Will sell it 3%-5% profit.
RBDRUSDT heading daily resistance offering short opportunityHere are the new support and resistance levels for this pair. The price found support on daily support DS2 and moved up the daily support DS1. I see price heading towards daily resistance DR1 which will provide a short opportunity. I wait for the price to reach there and depending on the price action, will take the short. I will post the setup in case I take it.
RNDR possible playOne of my favorites right know in the space, already 60% up since entry.
My option where the next moves will lead.
This is not a trade advice, only for my education.
RNDR good entry at 2.51D time frame
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RNDR creating a symmetrical triangle.
2.5 is a great entry to open long.
Target: 3.8
SL: 2.5
Weekly Bullish StructureRNDR will be reach to $4.6, if price retrace to $1.6 that's a great opportunity for entry.
RNDRUSDT at 4h resistance and getting pushed downSo the resistance is doing its job. Though wanted to take a short trade from that resistance zone but could not as was not on screen. Anyways, now next logical support if this push back continues is the 2.63-2.64 zone as marked on the chart.
Just noticed that 2.68 zone can also act as a support and have marked that also on the chart. Not sure if that is good enough but expect some bounce there.
