RUNE: Approaching ResistanceTHORchain (RUNE) technical analysis:
Trade setup : Trends are mixed. Wait for price to 1) break above $1.50 resistance, with upside potential to $2.00, or 2) pull back near $1.00 support for swing entry.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50 (previous support), then $2.50, and $3.00.
Rune
RUNE 21.12.22 (Short-Term)RUNE continues to move in the price range I expected. If it continues like this, it is likely to reach the price range of $1.44 - $1.45 , the upper level of the channel.
I'm thinking of making a short position from the area specified in the chart to the bottom of the channel. If the price comes to the $1.44 level, it should be watched carefully.
If there is a pump in BTC in terms of a possible liquidity cleanup, there is a possibility that RUNE will break the channel. Therefore, I will wait for the return indicator before opening a short.
What I write here serves as a note to myself. Does not include investment advice.
RUNE/BTCRUNE/BTC
1 WEEK TF
Alot of fundamentals development in bear market. Currently it is undervalued as well as technical parameters/analysis seems good to go with.
Holding Above Trend line Support (Major)
Recently Breakout Trend and moving upside in bitcoin pair.
Possible move 100% atleast from Current price.
Weekly TF signal.
Expecting atleast 2 months to complete or early.
RUNE = THORCHAIN
DEX EXCHANGE THORSWAP
RUNEUSD Is preparing a major bullish moveTHORChain (RUNEUSD) has been trading within a Channel Down pattern since the June 13 2022 (weekly) low inside a longer-term Bearish Megaphone since the May 17 (weekly) High. The 1W LMACD is close to forming a Bullish Cross. If completed, the short-term target will be the 1D MA200 (red trend-line). A break above the 1W MA50 will further be a bullish break-out signal, targeting the top (Lower Highs trend-line) of the Bearish Megaphone.
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RUNEUSDT DOUBLE BOTTOMAfter we break even, now we see two bottom patterns forming.
You can enter earlier on the black line but we will be waiting for the green line which is the last entry point of course.
Don't forget your stop loss.
This is not financial advice.
Our record state… #learnitdonttradeit
{We only use X50 leverage for all our trades with the same capital per trade, however, we don’t post financial advice, make your own research, please!}
Trades posted - 6
Entries hits - 3
Stop losses hits - 2
Targets hits -
Open trades -
Accumulated profits -
Accumulated losses - 87%
Canceled/missed trades - 3
Period - First month -
1st month C & QP & QL - $5
RUNEUSDT LONGNot financial advice, do your research.
since this velocity proved to be stronger than it looks yesterday, we will like to wait for it down here at the price we mark, we are not afraid of missing out on the trade same as we don't enter earlier.
Our record state… #learnitdonttradeit
{We only use X50 leverage for all our trades with the same capital per trade, however, we don’t post financial advice, make your own research, please!}
Trades posted - 5
Entries hits - 2
Stop losses hits - 2
Targets hits -
Open trades -
Accumulated profits -
Accumulated losses - 87%
Canceled/missed trades - 2
Period - First month -
1st month C & QP & QL - $5
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/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 1.58 - 100.0% (117.676 USDT)
Take-Profit Orders:
1) 1.691 - 65.0%
2) 1.874 - 20.0%
3) 2.088 - 10.0%
4) 2.741 - 4.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
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.