Some History, so that we know what we are talking about:
Thorchain is a decentralized liquidity protocol that allows users to easily swap assets across different blockchains in a permissionless and trustless manner. It enables cross-chain decentralized finance (DeFi) transactions by providing liquidity pools for various cryptocurrencies, allowing users to...
#Rune broke out and is retesting as we speak.
Looks prime and probably a 50% gainer in the next few weeks!
TA looks great.
Target:- $10+, just needs to smash that $7.20 local resistance.
Invalidation will be a daily close below $5.96.
DYOR, NFA
DO hit the like button if you want me to post more.
Thank you
#PEACE
Trade Overview:
RUNE has shown positive market movement this morning and is still in a favorable buy zone, making it an attractive option for a long trade.
Trade Technical Details:
Entry: Enter a trade at the break of the top of the range support level of $7.00. This indicates a potential upward momentum.
Take Profit:
First target: $8.00 - $9.00
Next resistance...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about RUNE
RUNE Finally Hits Our Target +30% Profit Done ✅ 💰💵
RUNEUSDT has broken the downtrend on daily timeframe and successfully retested it.
RUNEUSDT Long
Entry: 5.380
TP: 13
SL: 4.284
It's a swing trade and can go for weeks. Will keep on updating this thread.
In the continuation of the daily time frame analysis, after the break of the trigger line and pullback to the broken structure, RUNE had a growth in accordance with the movement path, which again showed a positive reaction to this trigger line after correction.
💎 But in the 12H time frame, due to the momentum and upward guard and support in the green box, it can...
The price reached the lower end of the channel and consolidated, indicating a potential move to the upside.
- The lines of the intermediate trend and the larger trend crossed in a bullish manner.
- The RSI is above the moving average.
- The chart prints blue pivot point signals below the price, which is an indication of a reversal.
The next move could be to the...
Analyzing the daily chart for RUNE/USDT, we can pinpoint several crucial technical aspects to guide trading decisions.
Key Resistance and Support Levels:
Resistance 1 (R1): $6.314 - This level has acted as a recent peak, and a breakthrough here could indicate further bullish momentum.
Resistance 2 (R2): $7.940 - A higher resistance, which if surpassed, could...
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about RUNE
RUNEUSDT Already on the way as predicted. Gain 20%+ so far. We can expect good move in coming days ✍
Hi, traders. Welcome to our cryptocurrency community! 🚀Whether you're an experienced trader or just getting started in the world of cryptocurrencies, we're delighted to have you here.
We are willing to talk about the RUNEUSDT coin.
#RUNEUSDT
Update: 💹.
#RUNEUSDT was downtrending over an 8-hour period.
Breakout confirmation was completed successfully within 8...
> Downtrendline breakout
> Market structure shift
> Successful retest
Opening a long here with tight stop loss, targeting next liquidity pivot for a 1 to 4 risk/reward ratio trade
Falling wedge formation on #RUNE daily chart. Currently, it holds the MA200. Let's see how it will play with this structure. In case of a breakout, the targets are:
$7.035
$7.880
$8.725
$9.770
$11.460
Supports: MA200 and $5.254
🚀#RUNE Analysis : What Next ??💲💲
✅As we can see that there was a formation of Descending Triangle Pattern in #RUNE and given a breakout. Right now #RUNE is trading above its major support area. We are expecting around 70% bullish move after a small retest 📈📈
🔰Current Price: $6.330
🎯 Target Price: $10.973
⚡️What to do ?
👀Keep an eye on #RUNE price action....
