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Rune

RUNEUSD: Rebound at the bottom of the Channel UpTHORChain is neutral on its 1D technical outlook (RSI = 45.391, MACD = -0.566, ADX = 34.736) as it recovered the bearish action of Wednesday. That was straight after the price made a new HL at the bottom of the long term Channel Up. The 1D RSI is rebounding in the exact same way as the August 5th 2024 HL. We are bullish, aiming for the 0.618 Fibonacci level (TP = 5.8300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:RUNEUSDLong
by InvestingScope
2
Skyrexio | Thorchain RUNE Is About To Explode!Hello, Skyrexians! Recent month was difficult for cryptocurrencies, but BINANCE:RUNEUSDT was one the top losers. It was able to drop to almost the 2024 lowest price. Holders are scared, but Elliott waves power make us sure that this asset will explode significantly in 2025. Let's take a look at weekly time frame. Previous bull run was huge and impulsive. The bear market did not overlap the bottom, it means that now price is in global wave 3. Recent dump is just the correction which reached the 0.5 Fibonacci level. We have already seen the green dot on the Bullish/Bearish Reversal Bar Indicator inside this zone. Now price is about to print another one. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . If this analysis is right, now price is about to show the most significant growth to $35-50. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
1
$RUNE is in my buying zoneCRYPTOCAP:RUNE has once again re-entered my buying zone, which I believe presents a buying opportunity. The team is rolling out their next update, causing a temporary slowdown. As you know, CRYPTOCAP:RUNE 's price is closely tied to the number and volume of transactions on the network. Since the new version hasn’t been fully deployed across all nodes yet, it’s impacting both the volume and the price. Once the update is complete, CRYPTOCAP:RUNE should recover. DYOR, of course. Keep in mind that if BTC crashes, all altcoins will likely crash too, regardless of their fundamentals.
by CryptoNikkoid
1
TradeCityPro | RUNE: Navigating Key Levels and Momentum Insights👋 Welcome to TradeCity Pro! In this analysis, I want to examine the RUNE coin for you. This coin is the official project token of Thorchain and is active in the DeFi and Cosmos ecosystem. 📅 Weekly Timeframe: Hidden Trendline In the weekly timeframe, we observe a hidden trendline that has formed from the ATH, and now, during its bullish trend corrections, the price is reacting to this trendline. 🔍 After the price reached a low of $0.817, as you can see, the buying volume significantly increased, and the price moved up to the area of $7.391, forming a range box between this area and $3.028. The ceiling at $7.391 had a fake breakout once, and in recent weeks, the price has been rejected from the $7.391 ceiling again. ✨ Currently, the price has touched the support at $3.028 again. If this area breaks, a double top could be activated with a target of $1.269. If the RSI breaks below 35.82, the likelihood of this scenario will increase. 🔽 If there is further correction and the $3.028 support breaks, the first important area would be the hidden trendline, and the next areas in order would be $2.037, $1.269, and $1.817. There are other areas in between, but these are the strongest levels on this chart. 🛒 For buying in spot or long-term long positions, the first trigger is breaking $7.391, which seems like a very suitable trigger. If this area is broken, the price could potentially move at least to its ATH, which is $19.816. If the ATH is broken, I will update the analysis to find the next targets. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
9
RUNE Long Opportunity Market Context: RUNE is showing signs of strength after consolidating near support and reclaiming the 200-day EMA, with a higher low further reinforcing the bullish structure. Holding above key trendlines, the setup indicates a potential continuation to the upside. Trade Details: Entry Zone: $4.30 – $4.70 Take Profit Targets: TP1: $6 TP2: $8 TP3: $13 Stop Loss: Daily close below $4 This setup offers an opportunity to position for a potential breakout while managing risk effectively. 📈
Long
by Richtv_official
#RUNE #RUNEUSDT #THORChain #Analysis #Eddy#RUNE #RUNEUSDT #THORChain #Analysis #Eddy At your request, dear followers, I'm here with a technical analysis of THORChain (RUNE). On the daily timeframe, after exiting the trend and the ascending channel, I expect RUNE to have a Sharpe decline to the specified demand area after pullback to the specified supply zone at 5.170 & 5.270. After this drop to the demand zone, with confirmation, we can enter long positions with a focus on the targets of $10 and $20. It is also appropriate for spot buy in prices : 2.150 & 2.000 I also invite you to benefit from my Bitcoin analysis... Bitcoin analysis: ((BTC/USD)): Check the link:
by Eddy_Trade_
Alikze »» W | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D - It has been moving in a downward channel on the daily time frame - After breaking the short-term downward channel, it is currently moving in an upward channel - According to the momentum at the top of the channel, it can exit the channel with a pullback to the broken structure and continue its growth up to the first supply range as wide as the channel. - In the future, it can continue its growth by breaking the first supply area to the second supply area. 💎 Alternative scenario: In addition, if the green box area is broken, it can go down with a pullback to the 0.1709 range. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:WUSDT
Long
by alikze
Last Chance: $RUNE Poised for Parabolic Move Beyond ATHsThis could be the last chance to enter before CRYPTOCAP:RUNE begins its parabolic move, or at least starts expanding, leaving everyone behind. The new weekly trend is about to confirm, and it’s at a pivotal area. If it breaks above $7, this will trigger an even bigger upside. I believe CRYPTOCAP:RUNE is on track to break beyond its all-time highs and could potentially reach the second target near $75. It may seem ambitious, but the chart is signaling a strong move ahead. BINANCE:RUNEUSDT Buying as close as possible to $6.60 for this setup. Previous entries are posted here
Long
by ZelfTrade
3 Altcoins Rejecting the $5 mark!Since you enjoyed my previous post about 3 Small Cap Crypto to watch... Here's an interesting one about altcoins retesting the $5 round number: BINANCE:FILUSDT FIL broke the structure and $5 round number. As it retests the support, I will be looking for trend-following longs and target the $10 round number. BINANCE:PENDLEUSDT PENDLE broke the structure and $5 round number. As it retests the support and lower green trendline, I will be looking for trend-following longs and target the upper bound of the channel around $7. BINANCE:RUNEUSDT RUNE broke the structure and $5 round number. As it retests the support, I will be looking for trend-following longs and target the $10 round number. Which altcoins would you like me to cover next? All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:FILUSDLong
by TheSignalyst
16
Alikze »»CAKE | Reverse head and shoulders pattern🔍 Technical analysis: Reverse head and shoulders pattern - In the previous analysis , it was mentioned that a head and shoulders pattern was formed, that the last correction log can extend to the range of 1.17. - As mentioned, it is moving in a descending channel. - Demand was met at the bottom of the descending channel and the range, which experienced a growth up to the top of the channel and the broken zone. - Currently, in weekly and daily time, in addition to the descending channel, it is in a concentration. - In addition, it is suspected that the head and shoulder pattern is the opposite. Therefore, I expect it to advance to the supply zone after the last bearish leg and the right shoulder are completed, out of congestion. 💎 Note: It is necessary to explain that the right shoulder should not be extended to the previous area, in which case the alternative scenario should be checked and the post updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:CAKEUSDT
Long
by alikze
1
RUNE/BTC ThorChain Bullish Exit. Chance to triple your Bitcoin!BINANCE:RUNEBTC is forming a perfect trade setup with a clear defined stop loss and a few targets at +50%, +75% and 3x the current price. I've been watching RUNE for a long time, and I have made two calls in the past year that were both correct in direction but never reached their targets. The first call: On the week of 12 April 2024 when this triangle was broken, I called a target of 3116 Sats. The target was never reached. We ultimately reached a low of 5100 Sats, but we did so in a gradual fashion respecting a descending trendline, which supported the price and acted as a lower line of a falling wedge structure that looks like this: This was my second call with a target of 10,200 Sats. That target wasn't hit either. The same lower line of that orange falling wedge now, in light blue, defines the bottom of a new falling wedge structure which is the main subject of this trade. Price has broken above the falling wedge, then attempted a reversal off the top of it. Four times, the upper line supported price only to be broken the fifth time. A week later, price broke again above the line. I believe this is a perfect setup for a trade with a tight yet reasonable stop loss, and potentially a 3x bullish target. Bear in mind, I'm calling 3x versus Bitcoin. I'm not talking about BINANCE:RUNEUSDT , which may well reach higher gains. The stop loss is represented by the descending support line (dotted light blue) beneath the Falling Wedge's upper side. The Targets are: 50% up to 8400 Sats. 75% up to 10,280 Sats. 200% (3x) up to 18,000 Sats. Whether RUNE's price will reach these targets depends on the strength of the move. In the case where price gets rejected before or at reaching the first target at 8400 Sats, we can judge the momentum to be too weak, and expect a drop back to the falling wedge, this time, reaching the bearish target of my first call at 3116 Sats. If the move is strong enough to reach the second target of 10,280 Sats, I expect a pull back and re-accumulation phase into what I labelled the Launching Platform on the chart. (Should've simply called it a Launchpad XD). This could be a bull pennant or an ascending triangle. That's what will push price to the third and log-scale target of 18k Sats. Follow this chart here .
Long
by TechNerdOmar