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Technical analysis by ForeignCapital_fx about Symbol RENDER: Buy recommendation (8/26/2024)

https://sahmeto.com/message/2861189
ForeignCapital_fx
ForeignCapital_fx
Rank: 20642
1.4

RENDR/USD - LONG

Buy
Price at Publish Time:
$6.01
Profit Target:
(+33.43%)$8.02
Buy،Technical،ForeignCapital_fx

Most times when you are new to trading you would want to chase price and this pair at the moment is gone but do not despair bears are about to give us an opportunity. The plan is to allow bears to push price down so that we could have a better entry at the lower price thus increasing our risk to reward ratio. Furthermore crypto across board seems to be recovering but we will wait for a lower long entry. Summary: Entry : $5 Target: $ 8.015 RIsk:Reward = 2 Plan your trade, trade the plan. Do follow, boost my ideas and grow together.

Source Message: TradingView
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