Rune
RUNEUSDforming a rounded bottom here
still in the f zone aka accumulationzone
end of year rally still a thing or nah?
obv breaking downtrend tentatively here
has hardly moved compared to other coins in the crypto market
and tbh looks like multichain still a thing
crosschain swaps still useful?
still way under valuation from when product launched and way down from euphoria cycle 2021
nice structure :)
$RUNE Just leaving here #rune #btc #cryptoIn this 1D chart of rune I analyzed and there is bullish diversion on RSI and also it has broken its horizontal resistance. I will buy 25% here and at around $1.44-$1.5
It's a swing trade so I will take profit at around $2 like $1.95-$2.05. Please DYOR not a financial advisor just sharing my own trades here.
RUNEBTC 1DRUNEBTC : RUNE has to break out of this descending wedge to get back into the ascending movement. From the top until today, RUNE BTC has devalued 84.67%. Moving averages imbedded downwards, but as the Ichimoku cloud works like a real magnet, I believe that we have already reached the bottom of this corrective and that RUNEBTC will now seek its first resistance in 0.0000865.
RUNEUSDT|Overview| Don't rush...hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
At the moment, the asset is testing the trend line from the reverse side as a support level, there is a possibility that a rollback to the $1.475 support zone will follow again.
So far, there is a small puncture of the countertrend, but due to the fact that bitcoin may lose the support of $19.500, we can see a decline to the 1.475 zone and from there it will be safer to make a decision in LONG, although the option to bounce off the trend line also looks good!
Update Idea
Rune Has a Good Scalp OpportunityThe resistance here is very strong, if the price closes above 4tf above here, the next resistance could be our target level.
RUNEUSDTPERP (FUTURES) Possible Out come for Rune today 10/09/2022
So Rune broke Below Highrt Low and retest .
made another Low at fibs pocket level and now going back to restest previous Low
\We should always think in probabilities so yeah we try to consider the probability of price
Retesting previous low and probability of price breaking that low and retesting Previous HL
RUNE can be touch several TPsTHORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.
With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker).
The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million 300k RUNE to participate in its rotating consensus process.
THORChain was funded through an initial DEX offering (IDO) which launched through the Binance DEX in July 2019. Its single-chain chaosnet launched in April 2021, the multi-chain upgrade was launched in April 2021 and Mainnet is now live as of Jun 2022.
Buy setup
Entry : 1.33 - 1.59
SL : 1.145
TP1: 1.64
TP2: 1.7
TP3: 1.77
TP4: 1.85
TP5: 1.95
TP6: 2.1
TP7: 2.3
TP8: 2.5
TP9: 2.8
TP10: 3.2
TP11: 3.6
TP12: 4
TP13: 4.45
TP14: 4.9
TP15: 5.35
Spot or Future (1x, 2x, and 3x)
Run and enjoy it!
Follow me! Copy my trade!
TradeSetup_Reza
RUNE - 1D bottom of the trading rangeWe have a trading range in the daily chart of Rune coin. A couple of reasons show us the price can rise from this supporting zone.
On the one hand, the price fell from the supply zone to the mid of trading range in seven days, while the second leg took about a month which shows us the weakness of sellers.
On the other hand, it's about ten days that we are at the trading range, and buyers don't let the price cross the demand zone.
So if the trend line breaks, buyers will start to buy more, sellers will join them, and we'll have a bullish trend for at least a few days.
RUNE/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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RUNE into Wyckoff Acumulation phaseI just started this analysis finding strongest supports in high timeframes such D1 and D3 because bearish trend line makes a perfect 90 degrees triangleand wanted to know a perfect LONG entry near to biggest support in D3 (horizontal blue line). We can easily see in the RUNE chart Wyckoff’s Acumulation Phase Pattern and we can also guess about future Bullish Cup & Handle Pattern will be created in a couple of months maybe in W1 we can get notice about it.
Please wait till RUNE will be little bit near to strongest and biggest support (blue line).
Is RUNE RUINED ?RUNE is showing a ton of bearish signals...
1. Rising Wedge, broken below the bottom and now will drop the height of the rising wedge.
2. Inverse cup and handle - Broken below the brim level... Next target 0.21
3. RSI Bearish - Continues to make lower highs and stay below the 50 (bearish) mark.
4. All Moving Averages are down 7<21<50<200
They are going to need one heck of a catalyst to push this price up. Or the Crypto major winter needs to end soon!
Sorry Rune.
However, all indicators are based on the past and only tell us about probabilities rather than certainties.
Rune to ruin? Elliott Wave Only 2 possibilities after an impulse pattern in EWI Elliott Wave, either a retrace to take out its low or an internal retracement and then trend continuation. In this is situation I am seeing both possibilities, atm so its all on how this retrace plays out. If inspiring/helpful, boost and follow. Cheers!