RNDR - Alot of room to the downsideRNDR has had a great run. The consolidation here leaves the minor and major supports really far from the current price action making it probably one of the most optimal short opportunities. Tight stops, gl hf.
RNDRUSDT trade ideas
RNDR Finishing its ABC waveRNDR Finishing its ABC wave, might see an upward movement from here for a while.
Good luck.
RNDRThe price has dropped to the lower boundary of the ascending channel on the logarithmic chart and the 200 EMA. The price is oversold on multiple timeframes. Some indicators show bullish divergences, which may indicate a price rebound upwards. A breakout of the lower boundary of the channel and the 200 EMA will confirm a downtrend, and the price will head towards the weekly 50 EMA.
RNDRUSDT on 4h support and likely to head to 2.16The price has hit the previous low which is also 4h support zone. I expect the price to bounce here as the long side trade is favorable. The target for this trade shall be at least 2.16 and probably 2.18.
Rndrusdt Retesting Rndrusdt
Retesting big horizontal breakout level on higher time-frame
Incase of succesful breakout expecting massive bullish wave
Keep eyes on it
RENDER TOKEN BUY 🚀RNDRUSDT is currently forming a higher low before creating a higher high. My target is at arround the $3.00 mark.
Risingwedge pattern wait and watch guysrisingwedge pattern in watch cryptp RNDUSDT binance futures trade
RNDRUSDTHello again,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for RNDRUSDT
As we analyzed on April 23, we predicted a rise to happen and here we observe a great rising trend which means our expectation happened correctly. In the present chart, R1 is the resistance area to mention and it expresses the unsuccessful attempts of price in order to rise. S1, S2, and S4 used to be the resistance areas. And finally at the bottom, S3 is a long-term support line in which the support of price at various points is clearly seen. We can observe that the price was in a rising trend when it broke S4 upward and could rise toward S1 but at some rejections, it faced a decline down to S3 line at which it received well supports and finally at its last point support, it experienced a notable rise toward higher amounts. The existence of some candles with shadows at R1 shows the pressure of sellers which made the price to fall again via two negative Marubozu Candles. Hence, it is fluctuating over S1 when it was supported there and we believe the price to have another increase by giving us more fixation and rising signs and then more increase is waiting for it up to R1; that is a good point for having your profits saved but wait for the price to reach this area and after retesting the market situation and the trend of the price, you can make sure of saving your profits. By the time we have the fluctuation of price over S1, we won’t have so much decline. Bear in mind that by the time the price loses the support at S1 and moves below this area, it faces more decline certainly toward S2. Our suggestion is less decline when the price is moving and fluctuating over S1 line. Please be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates. So keep moving with us.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Good luck
TA practice:Trade 1:
Daily reaching FVG area and reversed below most recent highs.
Trade 2: Aggressive entry compounding my position to target VAL
*mindset: cascade and bearish order flow at resistance
HOW TO TRADE A CHANGE IN TREND WITH DOUBLE BOTTOM REVERSAL CHARTExplaining where the support level and how to find double bottom trend reversal patterns.
I find the support where the coin has been trading that is your support. I logged a double bottom and show the trend on the chart.
I posted the resistance level in which the price goes up then hasnt broken it.
I charted the massive breakout, and charted a massive breakout, I then put a box under that to show if the price retests the broken resistance, and goes up, this would be a great example of a bullish reversal, but the levels need to retest support then break back out. Excellant pattern if the price retests and goes back up which is called a bullish reversal, using double bottom trend reversal.
Rising Wedge Reversal Possible, zoom in on chartPurple Lines on Chart are the possible rising wedge that has formed on the 15min, 18min, 21min, 25min charts respectfully.
I use this chart on 5m, 8min, 10min, 12min,16min, 25min, 30min, 45min, if I were to trade during those times.
I really like the 1 hour time frame on this particular coin.
I am showing 4 major support areas, I included this time the Fib replacement tool.
I used 0, 28, 50, 61, 78, 100, 128 on that fib retracement tool.
I included a major support at levels 2.02
1st support of around 2.24
2nd support of around 2.30
3rd suport at around 2.33
I also included the major resistance at the area of the atl of past week of around 2.36
I included the 128 fib due to not alot of people actually using this tool at this level, I would definatly sell at that point if I was on a long, but a grea area to short, be careful of the swings
1st support 2nd support be mindful of the STOCH RSI as it will trick you, the chart shows just a perspective. I would add volumn to the chart as well, I use 3 different screens for any coin I look at. This one does not have it.
Enjoy I included a update as requested from a comment.
ChrisGtr Out
thanks enjoy your Wednesday
RNDR (Y23.P2.Video1). Bearish short term and here is whyHi traders,
My thoughts on RNDR and why this is a local top. However I do give conditions for potential more highs to occur and also why to be bearish in the short term.
Please give me a like and share,
Regards,
S.SAri
#LQR #TOBTC #RNDRimportant Support level are painted as green area
these red lines are Resistance you must add it to you'r watchlist.
RNDRUSDT: I'm waiting for a short 20%Disclaimer
High Risk Investment
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A qualified professional should be consulted before making any financial decisions.
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RNDRUSDT at support, likely to reach 2.34Longed RNDRUSDT from the support zone. Expect it to reach 2.34 level.
#RNDRUSDTPERP | Short | Trade#RNDRUSDTPERP | Short | Trade
Entry Conditions
| Bearish Divergence
| Indicator Signal
| Room to move down before 20 Daily EMA is tested again
| Untested Weekly Pivot
rndrWe are in this box. It can break from any side, it can lead to a possible path. Downward and support lines, or the upward path that I am thinking of.
RNDRUSDT at resistance, a retrace likelyThe price has hit 4h resistance. I expect a pullback from here. Actually I am expecting more than a pullback. The price may slide to the next 4h support around 2.26 zone. Lets see how it develops. I will adjust the targets accordingly.
RNDR :1HThe currency price is fluctuating inside a triangle, the break of the triangle can determine the direction of the price movement.
RNDRUSDT a long favorable from 2.36There was short trade opportunity from the target of the previous long trade. I had an order open overnight and closed that short now. I believe now there is a long opportunity with some profit if price moves to 2.36 level. The target shall be 2.423.
SHORT RNDR Token, Overbought - Resistance HitCurrent Price: $2.43
Entry point 1: $2.58
Entry point 2: $2.43
Target 1: $2.25
Target 2: $1.95
Stoploss: $2.70
This is a solid asset with a large amount of potential but i believe it is currently overbought and needs some room to cool, This is why i have added two entry points to this trade. The first one is for the more conservative investor who would like to see a bit more confluence before making the jump, the second entry point is for those banking on the overall market and the asset decline in price.
The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Owners would connect their GPUs to the Render Network in order to receive and complete rendering jobs using OctaneRender. Users would send RNDR to the individual performing the render work and OTOY would receive a small percentage of RNDR for facilitating the transaction and running the Render Network.
Once they’ve registered their idle GPUs on the Render Network, these GPU owners become “Node Operators” and are able to earn RNDR Tokens. They do this by accepting jobs from users in need of rendering work, known as “Creators”, who send their files to the Render Network, where they are assigned to Operators. Render receives a small percentage of the RNDR paid out in order to maintain the network and facilitate the transaction.
