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Render: Possibly at the bottom

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After my previous 2 render ideas (which turned out well) it was time for another update.

Render broke through its support zone of $8.80 yesterday and is currently trading around the price of $8.30, just like Bitcoin failed to hold its support yesterday.

I also just posted a bitcoin chart indicating that the markets are most likely in a big fuckery with shorts building up liquidity for bulls to push the markets higher. I therefore expect that the Render bottom has now almost been reached. Looks like this is a good point to top up your mid-term bags.

I see a lot of traders screaming and shouting for a render dip towards $6. I don't expect this to happen. I expect that a trend reversal is imminent and a new push towards the upside is inevitable.
Not
I expect a Bullrun target of 100$. This entry could be a golden one!
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And yes, that was probably the dip as expected. Bouncing hard!
Not
You get a second chance. Buy this dip! Right on support.

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.