$RUNE is in an uptrend channelCRYPTOCAP:RUNE is an excellent DEFI blockchain that currently appears undervalued, taking time to recharge its momentum.
The price is trending upwards, with a short-term target of **$7**.
If you took advantage of the opportunity to accumulate in my **green box**, as outlined in a previous idea, you're well-positioned for solid profits. Stay patient and enjoy the ride! 🚀
Rune
DOG (GO TO THE MOON) IS MOONING THE BANANA IS FORMINGHaven'tThe DOG Meme of Bitcoin is breaking out. Notice the inverted Head & Shoulders with measured move to 0.007. Also Macro Fib puts the 2.618 target at (can't see on my chart because of publisging. somewhere around 0.015
If Not in, buy zune retest is marked.
BTC @ 63K imagine where DOG will be when BTC is 200K??
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.
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BINANCE:WUSDT
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
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
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.
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BINANCE:CAKEUSDT
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 .
Alts with UPSIDE POTENTIAL | ALTCOINS | RUNE, ATOM, FETIn this time of the cycle, many alts have already rallied... and a few, haven't, patiently awaiting their turn for some liquidity.
In this video, I take a look at my TOP picks - there are many more, but let's start with these.
1) FET
2) RUNE
3) ATOM
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BINANCE:ATOMUSDT BINANCE:RUNEUSDT BINANCE:FETUSDT
Rune ChartHey,
Last one for now.
This one is RUNE, one of my favorites.
I started sharing this on IG when we were tanking towards 1, which was crazy value.
Nevertheless, this one still has a decent risk to reward.
Personaly around $20-$25 is where I exit.
This is due to the risk to reward of other projects.
Depending on where the market is sitting.
I believe that RUNE can do more, but if there are projects undervalued at that moment.
I like to transfer, exit and keep this a bit shorter-term.
Kind regards,
Max
📈RUNE can go high to $40 level / Alt Season rally📉BINANCE:RUNEUSDT
KRAKEN:RUNEUSD
Hello Traders
Rune is one of my suggestions for the altcoin market.
You can clearly see that volume has increased continuously. ---> Highly potential for the alt rally season.
RUNE is the native token of the THORChain network. It represents a multi-purpose universal token that supports all functions on the THORChain network and helps run the protocol. RUNE is used in governance, for staking, bonding for validator Nodes, and trading.
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
RUNEUSDT.P REJECTED
Dear degens,
Things are moving the other way for RUNE. It rejected the previous day’s close with a lower high and is now looking for support in the green zone. This area is intraday, so it could break if selling pressure starts to accumulate. Keep an eye on the volume on both sides. If it breaks down, the next support could be the 200 MA.
Are you long or short? Or are you watching and waiting to take action? Feel free to share. Stay safe and keep an open mind!
2 ALTCOINS in 2 MINUTES | AAVE & RUNE | Great UpsideTwo altcoins in under two minutes - each with a bright future and good-looking upside potential.
BINANCE:AAVEUSDT
AAVE might e heading back to retest a crucial support zone, in other words - you could get a cheaper entry. A good place to look for potential buy zones, is on the moving averages in the daily. The price is on the right-hand panel, and indicates possible bounce zones:
BINANCE:RUNEUSDT
RUNE is slightly more advanced in the bullish cycle, forming higher highs after retesting the key support. There is still a major upside potential. Ultimately, the earlier / lower you buy, the better (unless you are a swing trader or scalp trader).
Either way , many altcoins will begin to pick up now that BTC is trading sideways.
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$RUNEUSDT: Ready to Break Out! BINANCE:RUNEUSDT has recently broken out of its downtrend and is now forming a symmetrical triangle, signaling a potential breakout that could lead to a significant upward movement. The fundamentals behind CRYPTOCAP:RUNE are strong, supported by a dedicated community, which adds to its long-term potential. Traders should keep an eye on the breakout from the triangle, as this could ignite a major price surge. As always, remember to set a stop loss to manage risk effectively while taking advantage of this exciting opportunity.
BINANCE:RUNEUSDT Currently trading at $5.2
Buy level: Above $5.25
Stop loss: Below $4.38
TP1: $5.7
TP2: $7
TP3: $9
TP4: $11
Max Leverage 3x
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Important volume profile section: 5.163
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(BTC.D 1M chart)
I think that in order for the altcoin bull market to start, BTC dominance must fall below 55.01 and be maintained or continue to fall.
If BTC dominance rises above 62.47, I think that altcoins are likely to show a sharp decline or plunge.
Accordingly, I think that now is not the time to trade altcoins.
To trade altcoins, you need to respond quickly and briefly.
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(RUNEUSDT.P 1M chart)
Since a volume profile section has been formed around 5.163, the point to watch is whether it can receive support and rise around 5.163.
-
(1W chart)
In the 4.404-5163 section, the M-Signal of the 1W chart > the M-Signal of the 1M chart, showing signs of transitioning to a regular array.
Accordingly, whether there is support around 4.404-5.163 is an important issue.
-
Based on the current price position, since the HA-High indicator of the 1W chart is formed at the 7.683 point, I think that it is highly likely that a full-fledged uptrend (stepwise uptrend) will begin if the price rises above 7.683 and maintains its level.
-
(1D chart)
The point of interest is whether it can receive support near 5.421 and rise above 6.605.
If it falls below the 5.050-5.218 range, you should check for support near 4.404.
-
Since the StochRSi indicator is located near the 50 point, there is a high possibility of volatility.
Therefore, you should check for support and decide when to trade.
-
Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Targeting $20: RUNE’s Path to SuccessI had to create another post on RUNE because the last one got super messy with the entries at $3.23. CRYPTOCAP:RUNE
I wanted to highlight the strength it will have once it pushes above the moving average and starts printing blue candles. The last time it did that, it pulled a 7x, and this time I’m aiming for $20 as my first target.
The weekly chart is also active and could go berserk if it manages to close above the moving average and stay there.
I’m adding on dips and holding until BTC peaks around October next year... hopefully! www.tradingview.com
Thorchain "RUNE" long - will start moving soonRUNEs chart looks super strong both in short and long time frames. A daily close above 5.4 can be the starting point of a fairly quick 35% move to the next target which is 7.3.
Strong fundamentals will sooner or later be reflected in the price. I think an explosion in price is a possible scenario. We are currently in a market where it may soon be too late to take a position, if you're a rune bull, it's definitely time to be ready to take a position or add.
If BTC starts to move rapidly upwards I see RUNE accelerating in price - non financial advice.
RUNEUSD The 1D Golden Cross is the last buy opportunity to $38.THORChain (RUNEUSD) is about to form a Golden Cross on the 1D time-frame. It will be the first since September 06 2023, which at the time was incredibly bullish for the crypto.
As you can see basically, the pattern since the March 13 2024 High is quite similar to the price action from February 08 2023 to the time of the first 1D Golden Cross. Both sequences started declining under Lower Highs trend-lines and once broken, the 1D RSI turned overbought while the price entered a consolidation phase inside a Triangle pattern.
On the September 06 2023 Golden Cross, that Triangle broke to the upside just a week later and 6 months later it completed a +1368.50% rise from the bottom, reaching almost $11.500.
As a result, we expect a similar bullish break-out to take place and the upcoming 1D Golden Cross could perhaps be the last opportunity to buy. If the price follows another +1368.50% rise pattern, then we may very will see RUNE at $38.000 at the end of it.
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RUNEUSDT Forms Bullish Triangle PatternRUNEUSDT Technical analysis update
RUNE has been trading inside the triangle for the last 30 days and is now moving toward the breakout on the 4-hour chart. If the breakout occurs, we can expect a significant bullish move. The price is trading above the 100 and 200 EMA on the daily chart, which act as support for the current triangle.