According to the previously presented analysis, which was a trading range between the two supply and demand ranges, after another attempt and support in the neck line range, it has succeeded in breaking the supply range. 💎 Currently, due to the exit from the ascending channel and the support in the green box range, it has now re-entered the ascending channel. ...
💹 Let's dive in and analyze the RNDR crypto coin, update our previous analysis, and check new triggers together. 🛡️ Weekly Time Frame Analysis: In the weekly time frame, RDNT is one of those coins that moved alongside Bitcoin, similar to Solana and INJ. We are currently in a bullish trend and have surpassed the all-time high (ATH). ⏳ After reaching the...
🔍Let's dive into today's analysis. It's Sunday, and since it's a holiday, the market volume is lower than usual, making market movements less reliable. 📆Coin of the Day: Render Token (RNDR) Today, we're analyzing Render Token (RNDR). I've previously analyzed this coin on the daily timeframe, and I hope you took advantage of the entry points I provided. The...
Trade setup : Price is in an Uptrend. It broke out of a Channel Down pattern and reached $12.00 for +50% gain. Now we look for an entry in Uptrend. Pullback to $10 support could be a swing trade entry with +20% upside potential to $12.00 again. Stop Loss (SL) level at $9.20. Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which...
📊Analysis by AhmadArz: 🔍Entry: 9.780 🛑Stop Loss: 9.200 🎯Take Profit: 10.270 - 10.787 - 11.304 - 11.811 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
#RNDR: Played out perfectly! Up 15% from the average entry. Target 1: ✅ Approaching the second and third targets. Hope you didn’t miss this one! Like & RT for more! Do hit the like button if you want me to post more of these setups! Thank you #PEACE
Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Following crypto AI narratives rally up back in a day: WLD jumped 33%, AGIX gained 37%, FET rose upto 15% and RNDR rose upto 20%. Now the biggest question is: "Will AI token will lead the crypto market as...
In time 12H, it is moving in an upward channel, which has had several positive reactions to the bottom of the channel or the dynamic trigger, which has caused the price to jump. 💎 Currently, it is suffering in a resistance and support area, which is currently in the middle of the channel, which can retest the resistance or supply area if it is supported in the...
CRYPTOCAP:RNDR AnalysisRisk/Reward: Looking promising. The breakout has occurred, and we're currently seeing a retest. TBH, everything looks good for altcoins unless BTC makes an unexpected move at the Monday open. Keep an eye on it. I've entered the trade, taking the risk. Accumulation Zone: $9.88 to $10.40 Targets: $10.87, $11.45, $12.22 Stop Loss:...
#RNDRUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze RNDRUSDT today. Running in 20%+ profit ✅ Expecting more in coming days🚀📈
I would like to share a long-term accumulation strategy for RNDRUSDT that I've been eyeing. Chart Patterns and Indicators: Descending Channel: The price is currently moving within a descending channel, indicating potential breakout opportunities. Harmonic Pattern (XABCD): The pattern suggests potential reversal points at identified accumulation zones. Volume...
🔥 Altcoins can bring you much more profit then Bitcoin if you understand which altcoins to pick and how to do it properly. That's what this video is about. Enjoy! Of course, this strategy works for altcoins only at Bitcoin bull market. We will discuss how to identify it in the next video ideas. Subscribe! 🎁 Check my trading ideas for the altcoins that are still...
CRYPTOCAP:RNDR has formed a cup and handle that can potentially breakout to a new all-time high at ~$15.30. This would be +40% from the neckline. Wait for a retest of the neckline at $11, which also happens to be the volume point of control. Once a breakout occurs from the neckline, jumping into a long position is likely to be profitable. Set appropriate SLs and...
#RNDR The price is moving in a bearish channel on a 12-hour frame and is adhering to it to a large extent. It has been penetrated upward and the channel is being retested. The price rebounded well from the green support area at the 6.70 support level, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the...
RNDR / USDT One of top favorite coins in this cycle The chart says it all : – Positive retest of 2nd weekly S/R – potential breakout of current accumulation range If no more BTC drama Next leg up should be very soon
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...
A long here with the sessions vwap being the first TP and aiming for the daily level above (purple line) which was the last level relevant untested level before the recent sell off, seems like the best move. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get...
With the rise of Artificial Intelligence , many projects are looking to capitalise on the massive potential that AI promises. One of those projects is RENDER , the first decentralized GPU rendering platform launched in 2017, the Render network is built to provide a platform for a wide array of computation tasks - from basic rendering to artificial...