Render Token (Binance: RNDRUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, RNDR began a red wave one advance on January 4. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 7 and the red wave two (blue sub-waves a-b-c) correction ended on March 10. If this wave count is correct, RNDR should be heading next towards the February 7 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Render Network connects users looking to render images and video with those who have idle graphics processing power. Crypto Gains reviewed the project four days ago.
(Sources: https://rendertoken.com/)
How Will Render Token Trade?
Render Token (Binance: RNDRUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
RNDR will takeout the February 7 peak
RNDR will drop below the January 4 low
RNDR will stay in a trading range between the January 4 low and the February 7 peak until May 17