RNDR LONG SWING IDEA +60%
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Current price holding and rejection from POC.
Opens the door to the VAH level, but before that I expect another drop because the 100 and 200 Dma arrive at the daily level of 1.72.
If the setup appears down again at POC or a little below the last monthly level, you can entry to swing long and try to capture 60% of the profit.
I showed where I would hold a stop loss if this idea comes up.
A hidden bullish divergence appeared on the weekly.
Below stop loss to be passive, possibly a DCA who follows and believes in this project.
If you like this post, check my profile and find something useful!
Opens the door to the VAH level, but before that I expect another drop because the 100 and 200 Dma arrive at the daily level of 1.72.
If the setup appears down again at POC or a little below the last monthly level, you can entry to swing long and try to capture 60% of the profit.
I showed where I would hold a stop loss if this idea comes up.
A hidden bullish divergence appeared on the weekly.
Below stop loss to be passive, possibly a DCA who follows and believes in this project.
If you like this post, check my profile and find something useful!
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