Panjang
RENDER (RNDR) UPDATE - $10 OR $18 INCOMING AFTER 7RR TRADE SETUP
So following through on the past analysis where I called it bullish for $BINANCE:RNDRUSDT at $6.703
which is now over 40% gain just after hitting the 7RR trade setup (see all chart below) I bring you the update in full.
It is very simple. Either we have completed our wave 4-orange and we are heading straight to the wave 5 at around $14-18 right now (dotted line) where we have already completed wave 1 & 2-green or this is just a corrective wave rather than impulsive. Whichever scenario plays out, there are few commons between them and that is the fact that we could get a retracement from this point and both scenario will reach $10.555 being the 1 to 1 level, Golden Zone Fibonacci level and the resistance. So there is a common ground there. It is like a magnet all confluences attracts to there so watch out.
PREVIOUS ANALYSIS
OTHER ANALYSIS
Nota
Guys I just discovered that the 1:1 Fibonacci extension is at 10.344 not entirely 10.555 so if you would like to take partial profit on this trade now is the time. $BINANCE:RNDRUSDTNota
Partial profit taken next round is $14 $BINANCE:RNDRUSDTNota
Touch down then bounce, love the accuracy $BINANCE:RNDRUSDT now its either of the 2 scenarios on the chart, the blueprint is there!Nota
Hope you took some profit at the top for $BINANCE:RNDRUSDT as it could be dropping back as low as $5 (unconfirmed)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.