This can be a good scenario for a long position. We have both static support and dynamic support at this point. There is also a possibility of a head and shoulder pattern forming. The numbers in the chart do not mean my entry or exit point and I will enter the position after confirmation ⚠️ "Daily crypto market analyses I provide are personal opinions & not...
The 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 big horizontal breakout level on higher time-frame Incase of succesful breakout expecting massive bullish wave Keep eyes on it
Longed RNDRUSDT from the support zone. Expect it to reach 2.34 level.
There 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.
Bought some RNDR again at 2.386 for a target up to 2.488.It seems the price wants to move up to the next resistance zone after a bit of pullback from the current resistance zone.
The price is at hourly support zone. A long is favorable here for a target to 2.436. However, there is chance that it breaks this support before bouncing enough from this support and reaching the trade target. In that case a long from 4h support zone 2.24-2.27 will be favorable.
The price is bouncing off of 4h support zone. This one was showing strength in spite of BTC drop. However, in the last few hours it dropped considerably. But this would be the strong ones to recover on reversal. I believe this is a sign for at least short term reversal and favors a long here towards 2.05 area.
Rndrusdt Hello traders, I would like to share with you a potential trading opportunity based on the technical analysis of the market. The descending channel breakout and retest have already been confirmed, which is a strong signal that the trend is reversing. Additionally, a bullish symmetrical triangle pattern has formed, indicating that the price is likely to...
The price has moved up the weekly resistance and closed above it. Now the next target would be the monthly resistance around 2.6-2.9 zone. The price might dip but if the idea is correct it should not lose the daily support marked on the chart.
Rndrusdt Rndr Needs To Break This Trendkine Resistance incase of succesful Breakout expecting 30-50% Bullish move Remember: These are just ideas that we share from our experience, it does not mean that they will be 100% perfect, anything can happen in the market at any time. Always manage your risk and trade trade with your own research If you are satisfied...
Rndrusdt The price is rejecting at the same place for a long time, this time I expect a breakout. Expect does not mean taking trades, wait for breakout confirmation. Expect 39-50% Bullish Move i case of breakout. Remember: We only give ldea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable,...
The price got rejected from the daily resistance and has now hit the support zone. The likelihood of the price to move up here is high. Therefore a long would be favorable here to target the daily resistance zone again.
Let us try this long. I think it looks favorable and likelihood is more. It may also go higher but we will evaluate if it reaches that target. As always look for a better entry. Losing the support in green zone is the stop loss.
Okay lets try another long from the next 4h support level 4h support 1 zone. Price did not quite touch that zone and have already bounced. If the price touches that zone, it will provide a good entry for that long towards 1.084 level.