RNDR-USDT: Potential Trendline Fakeout and Retracement?
The RNDR-USDT trading pair is currently exhibiting a pattern of higher highs, suggesting a positive trend. However, traders should be cautious of a potential trendline fakeout within the range of 2.956 to 2.970. It's crucial to closely monitor the price action as it approaches this level, as a break below the trendline could indicate a shift in momentum.
Furthermore, there is a possibility of a correction in the market, with potential support levels in the range of 2.250 to 2.350. Traders should be prepared for a potential pullback in price within this range.
Traders should closely observe the price movement and wait for confirmation before making any trading decisions.
#plan your trades and trade your plans.
Twitter : twitter.com/kingscharts
Telegram : t.me/kingchart
Telegram : t.me/kingchart
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.