Technical analysis by igreycrypto about Symbol RENDER: Buy recommendation (12/14/2024)
https://sahmeto.com/message/3064018
igreycrypto
Rank: 14655
Analytical Power:
1.5
Render Network RENDER Long: EWT Analysis & Cycle Peak Targets
Buy
Price at Publish Time:
$9.06
Profit Target:
(+166.10%)$24.1
Stop Loss Price:
(-31.75%)$6.18
+ 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.
Source Message: TradingView