From where we placed the green arrow on the chart, RENDER has entered a bullish phase
This phase is a diamond diametric, we are now at the end of wave D of this diametric.
By maintaining the green range, it can create a new ATH for wave E.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
It pumped from a price of 5.259 to 11.940. If it holds between 6.3 - 5.8, it could become bullish againšš
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.
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