RNDR, a mess.

RNDR's patterns include descending wedges and triangles. The price is at 10.107, in the middle area of ​​the descending wedge, the upper boundary of which is 10.5 and the lower boundary is 9.8. This pattern is often seen as a potential uptrend reversal signal, indicating that although the price is falling, the momentum of the decline is weakening and buyers may be gaining control. If the price can break through the upper boundary, it may indicate a trend reversal and the beginning of further rise; while breaking the lower boundary indicates further price decline. Combined with its Bollinger Bands, the middle track of the Bollinger Bands basically coincides with the K-line, which means that the market is in equilibrium in the short term, the power of buyers and sellers is relatively balanced, and the market direction is unclear. In this case, it is not recommended to operate, and it is better to operate when the descending wedge boundary is touched.

Note: The current analysis is in response to the request of friends in the square.

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