On the two-hour timeframe, the clarity of the market movements for BINANCE:RUNEUSDT becomes even more evident. The end of Wave ((i)) is marked by our high at $11.47. Following this peak, there has been a consistent downtrend, punctuated by a brief corrective phase—this is typical market Elliott Wave behavior. We potentially have the end of Wave ((ii))...
At BINANCE:RUNEUSDT , we are initially examining the monthly chart because we believe it reveals something very significant and promising. We are potentially in a major Wave 3, which could realistically target at least $34.70. This is a considerably high target, yet feasible for Rune given its performance relative to other cryptocurrencies—it hasn't risen as...
RUNE is breaking out its resistance line, so we can expect a bullish momentum. Buy zone - current price Targets - as given in chart
The RUNEUSDT price does not behave like most altcoins or even BTC. So, we can assume that MM is leading it "where it needs to go." The previous wave of RUNE price growth was also "on its own" - it was driven up without any correction and despite negative news inputs on the market. We don't know whether the same situation will happen again now, but we will be...
My RUNEUSD long-term analysis. Higher timeframes provide clear view . BUT can you see it? Will be buying in the zone provided. Be smart. If anyone have any questions feel free to contact me or drop a comment.
Trendline Breakout: The central focus is on the cyan trendline that has been capping the price. A close above this trendline would signify a breakout, indicating bullish momentum. We will be watching for a decisive candlestick close above such a resistance trendline as confirmation of strength before initiating a long position. Retest Strategy: A...
THORChain / RUNEUSD is about to form a Bullish Cross on the 1W MACD. The previous Bullish Cross saw the price grow by +911.54%. Another such rebound targets $40.00, that should be your medium term target. Long term, if the price goes for a full repeat of the 2019-2021 run, we may even see $800 as the Cycle Top but don't keep the majority of your coins until...
As you may be aware, I've been closely monitoring the Top 50 cryptocurrencies recently and have formulated several hypotheses aligning with the Bitcoin pattern, based on strict metrics. However, one particular crypto deviates from this trend, prompting me to investigate further. Despite not fitting the established pattern, the inherent pattern suggests significant...
💎 Paradisers, get set for a lucrative trading moment with #RUNEUSDT, as signs point towards a bullish continuation from a key demand level. 💎 Exploring #thorchain current path, it's encountering resistance at the $6.094 supply level. We're positioned for a bullish turnaround from the demand level of $5.503. Should the price maintain its drive, a strong bullish...
Rune (Thorchain) is pulling into my accumulation zone again. Any dips below 3.95 is a buy the dip. 3.95 to 3.57 zone is an accumulation zone. This is a weekly chart so we may be in sideways and down trend a little while before we bounce.
It looks like RUNE is completing a diametric in wave X format. With the completion of the G wave, we can expect another upward step from RUNE. We marked the TPs on the chart. If it returns to the green range, you can enter the buy/long position towards the specified TPs. Closing a daily candle below the green range will violate the analysis For risk...
I will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins. Here is the fourth project in my long term buy list: Rune - ThorChain. I will be adding more RUNE on the dips to my buy zones shown on the chart. Not a lot of people know this but the RUNE token has been developed with the COSMOS SDK and it is an integral part of the Cosmos...
A coin that made a return of 7x and which, in my opinion, is fundamentally very high quality. The zones I'm looking at for entry because more things match: the bottom of the range from February 5, 2021 to June 5, 2022. Immediately a little below the weekly level plus 200DMA. That's a 65% discount to take advantage of. Of course, there is also the last zone of...
🧐Today, I decided to analyze the THORChain(RUNE) project for you. The THORChain(RUNE) has grown more than ➕100% in the last month, but the question is whether the tour will continue to grow or not . 📚What Is THORChain (RUNE)❗️❓ THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of...
Rune might retest lower support levels before continuing the longer term uptrend. The first buy the dip target I have for Rune is $4.90-$4.83 zone. If we close below 4.83 on weekly, we are headed for the next zone at around $3.30.
Hi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair. Recently we caught more than 27% pump of RUNE as below: Now on a 4-hr time frame, RUNE has formed a bullish BAT move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Hi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair. Previously we caught more than 400% pump of RUNE as below: On a 4-hr time frame, RUNE has formed a bullish AB=CD move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
Rune has shown strong indications that this trend might be over. You can look for Sell positions in the specified zone for mentioned Targets.