RNDR Mid-Long Term Plan
Long ass range isn't it?
Just an idea on how things could play out.
If we get acceptance back into the range I wouldn't put it past a bullish dildo to mid point of the range.
If BTC pushes up above 31k, wouldn't be surprised if RNDR hit the Top of the range.
Pros:
1. AI narrative still going around
2. Popular amongst CT
3.Everyone wants to short this, so easy to hit short squeezes due hype.
Cons:
1. Shitcoin
2. Narrative pump
3. If the point is to rent out GPU computing power, then why do you need a token?
(Sounds like something that will have heavy sell pressure, once the narrative dies out)
NB! invalidation is clear, which is why you should be careful for a SL hunt.
Just an idea on how things could play out.
If we get acceptance back into the range I wouldn't put it past a bullish dildo to mid point of the range.
If BTC pushes up above 31k, wouldn't be surprised if RNDR hit the Top of the range.
Pros:
1. AI narrative still going around
2. Popular amongst CT
3.Everyone wants to short this, so easy to hit short squeezes due hype.
Cons:
1. Shitcoin
2. Narrative pump
3. If the point is to rent out GPU computing power, then why do you need a token?
(Sounds like something that will have heavy sell pressure, once the narrative dies out)
NB! invalidation is clear, which is why you should be careful for a SL hunt.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.