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Technical analysis by igreycrypto about Symbol RNDR: Buy recommendation (12/14/2024)

https://sahmeto.com/message/3064018
igreycrypto
igreycrypto
Rank: 25590
0.9
Buy،Technical،igreycrypto

+ Possible overextended Wave 5 count now?Trading within Wave (3) of Wave V impulse.Any major peaks in RENDER have extended as high as the following fib extensions...The target is the peaks of the parallel channel, confluence with the fib extensions targets:- 1.414- 1.618Last Rally for Cycle Wave V (five) topping around Nov/Dec 2025 being a blow off top.

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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$24.1
Stop Loss Price
$6.18
First Support:
$8.56
First Resistance:
$13.62
Price at Publish Time:
$9.06
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