RenderNetwork at important resistance👀🔴Here is my RenderNetwork TA for you dearCrypto Nation😎🤘
RNDR got rejected at the POC + FIB 78.6%
bullish scenario🐂
💠break this resistance zone
💠chase last ATH
💠reach TP at FIB 127.2% at $16
🟰that market cap would be 0.83% of current Bitcoin market cap
bearish scenario🐻
💠deep correction to the final Bull Support Box
💠getting dark if we lose that support👀🔴
Comments💭, Likes♥️ & Follow🔗 appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Rndr
RNDRUSDT Bulls Take Control, Pushing Price Higher!RNDRUSDT Technical Analysis Update.
RNDRUSDT is currently trading at 3.07
RNDRUSDT Price broke its resistance line with volume, expect a good upmove in RNDR.
If the bullish move continues, the price could hit ATH resistance at $7.75.
Thanks
Hexa
RNDR/USDT - Possible Head & Shoulder Pattern? We've spotted what appears to be a head and shoulders pattern forming, which is generally considered a bearish signal. The right shoulder is currently in formation, and we're closely watching this neckline. If the price breaks down through this neckline convincingly, it could confirm the pattern, suggesting a potential drop towards the major target zone highlighted in yellow.
It's key for us to observe the price behavior near this neckline. A bounce from here might delay the bearish forecast, but if we're seeing consistent lower highs forming on the right shoulder, then it shows us some downward movement. We're looking for a solid closure below the neckline to consider any bearish positions seriously.
But meanwhile, we shared a few possible setups that can happen on the RNDR coin in the next week or two.
Swallow Team
PEPEUSD on the Daily, Trading Ideas - PEPEUSD - Daily Chart
If Legacy Holds Tomorrow This could fly - its Alt Time atm.
Render has done flown again. PUMP IT.
This Daily Pepe Chart has turned Bullish with Momentum and Direction.
I wonder what Pepe 2.0 is doing right now.
Tune in regular - I'll be more active now I'm watching the charts again.
PEPEUSD is making a move again. Its Alt Season baby - HourlyPEPEUSD on the Hourly
Areas of interest marked, with TP's
Expect Pullback imminent perhaps BBWP, Stoch and Channel Resistance.
This will follow Legacy into Midday after the Open.
NOT FINANCIAL ADVICE.
I don't make calls. I don't care which way it goes tommoroow.
buy RNDRHi traders
in time 1H
enter buy : 3.27 - 3.22
target : 3.60 - 3.70
follow me
BINGX:RNDRUSDT.PS
BINANCE:RNDRUSDT
RNDR: Resistance BreakoutTrade setup : Trends have reversed to Uptrend after price broke back above $1.70 key level and above 200-day moving average. After pausing briefly, it broke above $2.50 resistance to signal continuation of Uptrend with upside potential to $3.30 near-term and possibly even $4.00 resistance thereafter.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $2.90 (previous resistance), then $2.50. The nearest Resistance Zone is $3.30, which it broke, then $4.00.
Pollback for Continue bull-trend❤️❤️Thanks for boosting 🚀 and supporting us!
📈break resistance and start bull-trend by big candle.
📊 (Buy) : 2.886$
🔴 Stop Loss : 2.717$
🎯 Take Profit : 3.199 -3.434$
🔗 For more communication with us, send a message in TradingView.
Target 3Following weekly chart.
My 2 indicator gave a green light for a long signal, also it's ready to break cup & handle formation.
TP 3
SL 1.23 - wait for weekly candle close.
Rising from the bottom section above 2.566Hello traders!
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Have a good day.
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(RNDRUSDT chart)
The key is whether it can receive support and rise in the 2.566-3.058 range.
(1D chart)
The key is whether it can rise above 2.987-3.415 based on the 2.773 point, or whether it can fall to the 2.209-2.566 range and receive support.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
$RNDR to $60Fundamentals: #RENDER has announced building on #SOLANA as breakpoint. On of the leading AI-projects that will impact Film and Animation industry. Expect to see projects on SOL pump as Firedancer validator moves through test net and comes online.
Technical: From ATH to ATL, RNDR has formed a Wave 1 & 2 with 0.38 fib correction, now breaking through the 0.618 fib retrace and using it as support. Larger formation is the Wave 3 back to ATH, with speculated Wave 5 around $60.
Confluence with both 1.618 levels for Fib extension and Fib projections. If you don't know the difference -- one is placing the target from the ATH and ATL, while the other is projecting the target from Wave 1 and Wave 2 with a three-point measure.
Trade signal | Render Token (RNDR) setting up for upto 27% pumpHi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with Bitcoin pair.
Previously we caught almost 13% pump of RNDR as below:
Now on 2-hr time frame, SANTOS is completing the final leg of a bullish AB=CD move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RNDR target 5.512h time frame
-
RNDR is creating a bottom structure under 3, and there is a first pumping wave started from 0.4 to 2.99 which verify the resistance of 3 again. However, RNDR got support on 0.382 Fibonacci Projection and keep pumping, this is a good bullish sign. Through Fib, the first target is around 3.7~4 and next is 5.5, then we can set up a trading plan.
TP: 3.7~4 / 5.5
SL: 1.67150
RNDR: Overbought at ResistanceTrade setup : Trends have reversed to Uptrend. Price bounced up off of support at $1.30 and broke back above $1.70 resistance and above 200-day MA (~$1.78) to signal resumption of Uptrend. However, price is now very overbought (RSI > 80!) just as it approaches $2.50 resistance. Hence, near-term, we’re likely to see it pause here on some profit taking.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but extremely overbought. (MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $1.70 (previous resistance), then $1.30. The nearest Resistance Zone is $2.50, then $2.90.
RNDR VOLUME INCREASEThank you for reading our update. Please remember that this is not advice for trading.
RNDR Looks to have a new uptrend volume
RNDR/BTC - Render: TrendLine_Touch◳◱ Technical analysis to be included soon, stay tuned!
◰◲ General info :
▣ Name: Render
▣ Rank: 52
▣ Exchanges: Binance, Kucoin, Huobipro, Hitbtc
▣ Category/Sector: Services - Shared compute
▣ Overview: RNDR is an ERC-20 compatible utility token used to pay for animation, motion graphics and VFX rendering on the distributed RNDR Network, which is a peer-to-peer GPU compute network that connects creators in need of additional computation power for rendering their scenes, to providers that receive RNDR tokens for their GPU power. It allows complex GPU-based render jobs to be distributed and processed on a P2P network, making the transactional process of rendering and streaming 3D environments, models, and objects simpler for end users.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0000632 ₿
▣ 24HVol: 32.067 ₿
▣ 24H Chng: 4.463%
▣ 7-Days Chng: 12.65%
▣ 1-Month Chng: 45.98%
▣ 3-Months Chng: 20.13%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000699 | 0.0000745 | 0.0000824
◢ Support: 0.000062 | 0.0000587 | 0.0000508
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -24.14
▣ Last 90D: -19.85
▣ Last 1-Y: -16.93
▣ Last 3-Y: -18.61
◲◰ Volatility :
▣ Last 30D: 0.27
▣ Last 90D: 0.44
▣ Last 1-Y: 0.89
▣ Last 3-Y: 1.10
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.73 - Bullish
▣ In-depth RNDRBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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RNDR shortRNDR looks heavy atm... Time for a short position...
It lost the trendline, made a deviation allready...
See chart for more info...
RNDR IS REALY BEARISH (1D TF)rndr has been forming a large bearish triangle for some time now. We now seem to be in wave E.
The waves of this triangle are for the daily time frame and it takes time.The red box is the right place for the termination of the last wave of this triangle, i.e. wave e, and then the symbol can enter a strong falling wave. You must control your risk and do not enter a position without capital and volume management.
RNDR/USDT Break the key level area, Bullish Momentum ??? Yello Paradisers, Potential Coin!
💎 RNDR has surpassed a crucial level area, solidifying the anticipation of bullish movement. Additionally, RNDR has broken out of a Major falling wedge pattern, enhancing the prospects of bullish momentum.
💎 Prior to breaking out of the falling wedge, RNDR faced challenges maintaining its stance in the Bullish OB Area. It’s observable that RNDR touched the Bullish OB area thrice and consistently rebounded, leading to the assumption that RNDR was still in the accumulation phase before finally breaking out of the major falling wedge area.
💎 Post breaching the key level area, RNDR faced rejection in the supply area and is likely to undergo a downward test in the strong demand area around $1.65, with the expectation of resuming upward movement subsequently. It is plausible that RNDR will experience significant movement towards testing a strong supply area.
💎 This scenario would be deemed invalid if RNDR breaks and closes below the Bullish OB area.
4 Gaming Projects With 4-10x Growth Possibility!!!1. CHZ
Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands.
2. RNDR
RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out.
3. ILV
Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.
4. ENJ
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Render (RNDR) long and hold for whileRender (RNDR) has set a higher low.
If RNDR reclaims 1.66, (0.5 FIB-level), I think it goes for higher highs on weekly time frame (85% gains)
If you have conviction on RNDR this could also be a good DCA spot.
RNDR moves fast, so this long time move can play out faster than you think!