$RNDR/USDT 12h (#Bybit) Ascending triangle on resistance

19 apr 2023

Render Token is facing strong supply zone and seems likely to retrace down to 100EMA support.

⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 4.9%

Current Price:
2.0021

Entry Zone:
2.0002 - 2.1268

Take-Profit Targets:
1) 1.7312
2) 1.4810
3) 1.2308

Stop Targets:
1) 2.3415

Published By: @Zblaba

RNDR #RNDRUSDT #Render #AI #BigData #GPU

rendertoken.com/

20 apr 2023

Trade attivo

Entered entry zone

26 apr 2023

Trade chiuso: obiettivo raggiunto

TP1 hit then SL with 1.2-1.0= +0.2R

RNDR suddenly bounced back and managed to break out of the triangle this time.
We forgot to secure the trade, otherwise we would have been kicked out at entry.

This is a seriously bullish chart, supply zone turned to demand zone now, every dip into it is a buy!