Can be a reversal pattern, double top | Short Bias
Daily Chart
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
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
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
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
📱Copy Trade on BingX: bit.ly/48OD3GI
📱Copy Trade on Binance: bit.ly/3NHOTKQ
🔐 Buy Cold Wallet Ledger bit.ly/3OmOrBe
💬 Tele: t.me/trieutv_official
📱Copy Trade on Binance: bit.ly/3NHOTKQ
🔐 Buy Cold Wallet Ledger bit.ly/3OmOrBe
💬 Tele: t.me/trieutv_official
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.