Singkat

Can be a reversal pattern, double top | Short Bias

202
Daily Chart
syot kilat

Render Token is in consolidation phase in range 1.25 - 1.55 and it's trading at 1.485 now. Very nearly resistance

Chart 4H TF
syot kilat

$BINANCE:RNDRUSDT is still uptrend and moving up to resistance around 1.55
This level is very strong, so I don't think RNDR can break out now. Besides, this level is retracement 0.618 Fib that's why I more likely for short position.

Wait for next move

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.