RENDER (X100) - RENDER/BTC

- BTC (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	RENDERBTC
ISIN:

RENDER (X100) - RENDER/BTC - Daily - Technical analysis published on 03/26/2022 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

28%

39%

My opinion

Bearish under 0.000072 BTC

My targets

0.000048 BTC (-20.00%)

0.000034 BTC (-43.33%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RENDER TOKEN - RNDR/BTC as long as the price remains well below 0.000072 BTC. The sellers' bearish objective is set at 0.000048 BTC. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.000034 BTC. In case of crossing, the next objective would be the support located at 0.000027 BTC. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RENDER TOKEN - RNDR/BTC rating is 0.000060 BTC. The price is lower by -3.23% since the last closing and was between 0.000060 BTC and 0.000062 BTC. This implies that the price is at 0% from its lowest and at -3.23% from its highest.

0.000060

0.000062

0.000060

Here is a more detailed summary of the historical variations registered by RENDER TOKEN - RNDR/BTC:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on RENDER TOKEN - RNDR/BTC were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of RENDER TOKEN - RNDR/BTC in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of triangle

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.000015	0.000027	0.000060	0.000061	0.000097	0.000123
Change (%)	-75.00%	-55.00%	-	+1.67%	+61.67%	+105.00%
Change	-0.000045	-0.000033	-	+0.000001	+0.000037	+0.000063
Level	Minor	Minor	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000058	0.000060	0.000061	0.000063	0.000064	0.000066	0.000067
Camarilla	0.000061	0.000062	0.000062	0.000062	0.000062	0.000063	0.000063
Woodie	0.000058	0.000060	0.000061	0.000063	0.000064	0.000066	0.000067
Fibonacci	0.000060	0.000061	0.000062	0.000063	0.000064	0.000065	0.000066

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000040	0.000049	0.000056	0.000065	0.000072	0.000081	0.000088
Camarilla	0.000060	0.000061	0.000063	0.000064	0.000066	0.000067	0.000068
Woodie	0.000040	0.000049	0.000056	0.000065	0.000072	0.000081	0.000088
Fibonacci	0.000049	0.000055	0.000059	0.000065	0.000071	0.000075	0.000081

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000010	0.000034	0.000048	0.000072	0.000086	0.000110	0.000124
Camarilla	0.000052	0.000055	0.000059	0.000062	0.000066	0.000069	0.000073
Woodie	0.000005	0.000032	0.000043	0.000070	0.000081	0.000108	0.000119
Fibonacci	0.000034	0.000049	0.000058	0.000072	0.000087	0.000096	0.000110

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	41.87
MACD (12,26,9):	0.0000
Directional Movement:	9.333717
AROON (14):	21.428571
DEMA (21):	0.000062
Parabolic SAR (0,02-0,02-0,2):	0.000059
Elder Ray (13):	-0.000002
Super Trend (3,10):	0.000070
Zig ZAG (10):	0.000060
VORTEX (21):	0.9324
Stochastique (14,3,5):	33.33
TEMA (21):	0.000063
Williams %R (14):	-81.25
Chande Momentum Oscillator (20):	0.000002
Repulse (5,40,3):	-10.9444
ROCnROLL:	2
TRIX (15,9):	-0.2527
Courbe Coppock:	3.42

MA7:	0.000064
MA20:	0.000062
MA50:	0.000066
MA100:	0.000078
MAexp7:	0.000063
MAexp20:	0.000063
MAexp50:	0.000067
MAexp100:	0.000069
Price / MA7:	-6.25%
Price / MA20:	-3.23%
Price / MA50:	-9.09%
Price / MA100:	-23.08%
Price / MAexp7:	-4.76%
Price / MAexp20:	-4.76%
Price / MAexp50:	-10.45%
Price / MAexp100:	-13.04%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

16038

Number of analyses :

98393

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…