✅ RUNE rebounded from the resistance area. The chart is moving in a downtrend. We think that the asset will continue to decline. ✅ 🚀 SELL scenario: short to the support area. 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
RUNE is currently within a large up channel and has poised itself in the middle roughly A bull breakout is shown in the green bars pattern, this is the continuation of the channel result Moving Up above the yellow line
in weekly time frame i am looking forward to see a retrace to $1.5 to start bullish move to reach $2.2.
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RUNE maintains an upward trend. The asset has confirmed the support level on the correction. The price of the asset will continue to rise once it consolidates above support.
RUNE is currently down for about 91% from its ATH. Meaning, if you buy now and it goes back to its ATH, you may have more than 10x profit. Even if it doesn't go to its ATH, some possible scenarios: - Closest support-turned resistance = 92% potential gain - Closest weekly high = 5x profit potential More supporting data from indicator to support this thesis =...
For the past few weeks whole market has been green all the way. But recently it is forming up bearish channel/patterns (ETH, BNB, MATIC etc). For RUNE it has formed up clean bearish channel which you could see here. For my analysis, RUNE could face big drop in coming few days! Watch out!
THORCHAIN Strong fundamentals After multiple blockchain integration , we got savers (earning passive) ~ NATIVE only not wrapped. Easy swaps natively. More upcoming = Lending / borrow Minting and Burning Kill switch completion Ahead Technicals : Bullish Reversal Megaphone + Double bottom + Bullish Divergence + Break of Trendline in Candles + RSI
I think RUNE will make a big move...very soon. And It's gonna run fast when it breaks daily (and weekly trend). If market continue to explode RUNE will be one of the really fast movers. In this spot trade I wouldn't wait for the trendbreak. I think the risk reward ratios is good as it is 1.6. RUNE is lagging compare to many other coins and I think its high...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RUNE symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
This analysis is just my mental and personal idea Please analyze before entering Get approval first
Trading volumes have declined, but RUNE continues to trade above liquidity. On the 30m Timeframe the price and RSI chart are forming a bearish divergence and a gravestone has already been formed. I expect a correction if the asset moves below the indicated support level.
RUNEUSDT shows the position of the bulls, who are trying to overcome the resistance of the bears. The price breaks through important resistance and moves into the long zone On the chart we see the formed "descending wedge" pattern, a break of which resistance can activate quite a strong bullish impulse. Now the price touches the resistance at 1.433 and is in the...
Price tapped into a 12h demand zone from where it moved up from after liquidating the support line. I expect price to reach the 4h supply around $1.45 before potentially moving down again.
Price is ranging in an ascending channel creating higher highs and higher lows. I expect price to reach the 2h supply around $1.46 before moving down again from there.
THORChain (RUNEUSD) has been trading within a Channel Down pattern since the June 13 2022 (weekly) low inside a longer-term Bearish Megaphone since the May 17 (weekly) High. The 1W LMACD is close to forming a Bullish Cross. If completed, the short-term target will be the 1D MA200 (red trend-line). A break above the 1W MA50 will further be a bullish break-out...
HTF view bouncing off pricerange from 700+ days ago broken out of downtrend cross chain liquid swaps across networks is still useful in the multichain probable future looks like an optimal HTF area to start accumulating
RSI chart is out of oversold area (4H TF) On the 1H Timeframe, price has formed a bullish takeover. I expect an uptrend should the asset be able to fix itself in the support zone.