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Technical analysis by ColdBloodedCharter about Symbol RENDER: Sell recommendation (10/31/2025)

https://finbeet.com/message/3884628
ColdBloodedCharter
ColdBloodedCharter
Rank: 6717
1.5

$RENDER (3-DAY): WYCKOFF distribution instead of BULLMARKET

Message Type:Sell
Price at Publish Time:
$2.22
Sell،Technical،ColdBloodedCharter

$RENDER is another one of those cases which, like DOT pretty much, seems to exist only for DISTRIBUTION purposes. I published the #dot WEEKLY chart earlier on, showing its full life that has essentially been a variant of WYCKOFF distribution schematics. And #RENDER is very similar in the current 'BULL MARKET', an attached 3-DAY chart shows the whole of the price action since JANUARY 2024. Take a look at the DISTRIBUTION SCHEMATIC #2 pasted above the PA. Textbook almost. This absolute collapse could have been predicted, clearly. After this year's JANUARY blow-off top ($12), I saw what was forming and completely lost interest in this asset. Learn your WYCKOFFS guys, and avoid coins that are looking like this one — you will save yourself a lot of money. And that’s my official financial advice, actually. Lol 💙👽 #wyckoff

Source Message: TradingView