Rune is another crypto project which has great features and possibly a bright future. After the corrective wave hit 0.382 Fibonacci retracement, it seems Rune is oscillating. It is too soon to conclude that the corrective wave is finished, it might go further down. However, there are two lines, one horizontal and another a downtrend, which can help us figure this...
like SOLANA LUNA and the rest of big ticket items of Silicon Dubai Funds.. this one is in play for float to be taken over and peddel to $100 levels by Q4 in time for QATAR 2022 fifa fever
I would love to see RUNE go back in these FIB levels. (These fib levels are mine do not get confused or do not chat the proper way of using fib. Because I do not give a single damn about what you are about to tell me, unless you will take time to improve it and share to me then I will be willing to learn) As I'm analyzing this chart, I see several signals that...
On week chart The first sign what I see is the big indecision candle last week Besides, the level $6 is also Golden Ratio 0.618 FibRe. I'm waiting for breakout or breakdown to trade on lower timeframes Time will tell
THORChain is rising very aggressively, the same kind it did in early August, naturally turning overbought on the 1D timeframe (RSI = 78.104, MACD = 0.209, ADX = 49.344). In doing so, it reached the 1W MA100 for the first time since May 9th 2022, which is the major Resistance of the new Bull Cycle. The pattern that seems to be standing out is a Channel Up and the...
Rune is on a clear trajectory to reach $3. I don't see any big resistance until there. Buyers are dominating and sellers may only return once the key resistance is it. Bias is bullish on this price action. Like and follow for more ideas!
Weekly Chart I figured out the impulse wave begin from 0.777 Now, it's trading around 1.975 and going up further with the target is also resistance around 3.0 That's 1.382 Fib from 2.025 I expect RUNE will pullback to 1.5 before come back to contention Wait for next move
#THORChain #RUNE Long-Term chart analysis According to the chart and the wave counter marked on it, the downward trend of this currency is probably over. And we can expect the beginning of its long-term upward movement. But since there is a possibility that we will have more decline ahead, so three entry steps are suggested at the current price of $1.53, then the...
THORChain (RUNEUSD) is testing the 1D MA50 (blue trend-line) as short-term Resistance after a clear-cut bounce at the bottom of the Megaphone pattern and just above the 1W MA50 (red trend-line). This mobilizes the 1W MA levels to come into focus and justifies a short-term (at least) buy towards 2.5000 (top of Megaphone and expected contact with the 1W MA100...
Opening a long position on RUNE. Wave 4 is probably completed. Starting a last wave (5) to the upside before retracement. R&R is optimal Let's goooo
The RUNE EMA's have crossed to the upside indicating that this crypto could be reversing its trend from down to up. If this is the case, it will have more upside left. While it has moved quite a bit, the strength it has shown during this last crypto down move is encouraging. RSI is also showing strength and we have a nice slope up on MACD. There is no telling...
THORChain / RUNEUSD is testing yet again Resistance A (1.97500), after after 3 failed attempts to cross over it in the past 6 weeks. That would favor a bearish move if at the same time the 1week MA50 didn't hold being the Support. If it closes the week over Resistance A, it will the signal to buy and target 3.5000 (1week MA200). That will be inside the 0.5-0.382...
Chart 1H TF I figured out a reversal pattern, Falling Wedge. This pattern combines with Support zone around 1.7 that is very good for reversal. So wait for a signal to confirm this pattern
THOR Chain is about to print an evening star deviation and RSI looks overbought, seems likely to retrace down to 200MA support. ⚡️⚡️ #RUNE/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.2X) Amount: 5.0% Current Price: 1.649 Entry Targets: 1) 1.727 Take-Profit Targets: 1) 1.292 Stop Targets: 1) 1.945 Published By: @Zblaba ...
As you can see in the chart, we see an insane rise, but I think this rise is now over, I share the analysis in the daily time frame, but I will share the H4-H1 images from it, you can make your own analysis and take action, your priority is to use stop, strong needles can flake your money.
We last looked into THORChain (RUNEUSD) 3 weeks ago (see chart below) when we called for a pause of the enormous uptrend within the Resistance Zone: As expected, the price got rejected on the 1.9750 Resistance and pulled-back to the 0.382 Fibonacci retracement level. Needless to say that after breaking above the Falling Wedge pattern, as well as the 1W MA50...
Hi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair. Previously we I shared a long-term trade setup which produced almost 340% pump as below: Now on a daily time frame, RUNE has formed a bullish Gartley move for the next pump. Note: Above idea is for educational purpose only. It is advised to...
💎Paradisers, turn your attention to RUNE/USDT. Currently, it's meandering within a falling channel, and we're on high alert for a possible downward breakout in the near future. 💎If this breakout unfolds as we expect, prepare for a swift corrective movement. 💎It's important to highlight the two verified order blocks in the shorter time frame. These zones are...