The bullish move in RENDER started from the point where we placed the green arrow on the chart.
It appears that we are dealing with an Expanding pattern, and price is currently in the process of completing Wave D of this pattern.
We expect this pattern to complete within the green zone, potentially leading to a recovery in RENDER and a new bullish move.
Within the green zone, we will be looking for potential buy/long positions.
The targets are marked on the chart. Consider taking partial profits at the first target to secure some gains.
A daily candle close below the invalidation level would invalidate this analysis.
It appears that we are dealing with an Expanding pattern, and price is currently in the process of completing Wave D of this pattern.
We expect this pattern to complete within the green zone, potentially leading to a recovery in RENDER and a new bullish move.
Within the green zone, we will be looking for potential buy/long positions.
The targets are marked on the chart. Consider taking partial profits at the first target to secure some gains.
A daily candle close below the invalidation level would invalidate this analysis.
🔥 Don't Just Watch the Market. Understand It!
📊 Crypto Analysis & Setups:
👉 t.me/Behdark_EN
💹 Forex Analysis & Setups:
👉 t.me/FX_Behdark
🚀 Join BehDark for Market Insights, Trading Setups & Key Levels. Choose Your Market & Join Us!
📊 Crypto Analysis & Setups:
👉 t.me/Behdark_EN
💹 Forex Analysis & Setups:
👉 t.me/FX_Behdark
🚀 Join BehDark for Market Insights, Trading Setups & Key Levels. Choose Your Market & Join Us!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
🔥 Don't Just Watch the Market. Understand It!
📊 Crypto Analysis & Setups:
👉 t.me/Behdark_EN
💹 Forex Analysis & Setups:
👉 t.me/FX_Behdark
🚀 Join BehDark for Market Insights, Trading Setups & Key Levels. Choose Your Market & Join Us!
📊 Crypto Analysis & Setups:
👉 t.me/Behdark_EN
💹 Forex Analysis & Setups:
👉 t.me/FX_Behdark
🚀 Join BehDark for Market Insights, Trading Setups & Key Levels. Choose Your Market & Join Us!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.