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
İlgili yayınlar
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.