I have 2 local Elliot Wave counts for $CRYPTOCAP:RENDER the bearish triangle yet to complete wave D which would result in a final thrust down before a new macro uptrend and a (1) (2) with wave (3) started.
The overlapping and slow price action does not suggest RENDER is in a wave as it is not moving impulsively.
Many alts have failed to move from the bottom while others have shined like ETH and XRP etc..
Either this is the new normal behaviour for 'alt season' or we are not actually in alt-season yet with a big move lower around the corner!
Safe trading
The overlapping and slow price action does not suggest RENDER is in a wave as it is not moving impulsively.
Many alts have failed to move from the bottom while others have shined like ETH and XRP etc..
Either this is the new normal behaviour for 'alt season' or we are not actually in alt-season yet with a big move lower around the corner!
Safe trading
PhD Candidate: Investing, Sentiment & Social Mood
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
PhD Candidate: Investing, Sentiment & Social Mood
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
MSc Financial Econ
Technical Analyst 7 years
Trader / Investor 14 years
DeTrended Metrics Report (Free): detrended.substack.com
Members Only Trading Signals: tradesignals.substack.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.