RNDR Mid-Long Term Plan
Long ass range isn't it?
Just an idea on how things could play out.
If we get acceptance back into the range I wouldn't put it past a bullish dildo to mid point of the range.
If BTC pushes up above 31k, wouldn't be surprised if RNDR hit the Top of the range.
Pros:
1. AI narrative still going around
2. Popular amongst CT
3.Everyone wants to short this, so easy to hit short squeezes due hype.
Cons:
1. Shitcoin
2. Narrative pump
3. If the point is to rent out GPU computing power, then why do you need a token?
(Sounds like something that will have heavy sell pressure, once the narrative dies out)
NB! invalidation is clear, which is why you should be careful for a SL hunt.
Just an idea on how things could play out.
If we get acceptance back into the range I wouldn't put it past a bullish dildo to mid point of the range.
If BTC pushes up above 31k, wouldn't be surprised if RNDR hit the Top of the range.
Pros:
1. AI narrative still going around
2. Popular amongst CT
3.Everyone wants to short this, so easy to hit short squeezes due hype.
Cons:
1. Shitcoin
2. Narrative pump
3. If the point is to rent out GPU computing power, then why do you need a token?
(Sounds like something that will have heavy sell pressure, once the narrative dies out)
NB! invalidation is clear, which is why you should be careful for a SL hunt.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.