Rune
RUNELooks like RUNE is heading towards 11.1 range, with a few stops along the way.
Probably not the best entry point at the time of writing. I'll wait for RUNE to either break the high of April 14th, or it might try to retrace within the grey channel or go lower towards 8.6 or Support, then I'll be able to pick a better entry.
Volume and general metrics are in a good place, but I'm avoiding entering in the grey channel.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
THORChain (RUNE) with bull flag breakoutTHORChain (RUNE) with bull flag breakout and room to grow on RSI.
Furthermore we got a nice bullish divergence even visible on the daily chart.
A break of $14.61 (FIB 78.6%) and the bull party can start.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
rune great longbig liquidity zone we are in now you can see it goes back a couple weeks now. resistance turned into support. this looks like a gigantic falling wedge to me we just broke and are came back down to accumulate more. 4 hr chart i see a massvie cup and handle. low rsi and mac d finally turning white on the 1 day makes me believe we are in a re test liquidity grab stage before we moon. next couple days weeks should be massive upside in my opinion.
RUNE/USDT double top playing out The RUNE/USDT has showed a double top pattern on the 4H chart and is likely to play out on the longer time frames.
This follows a likely price drop from 9.29 USDT to 7.38 USDT. A drop in 20%.
This also follows a rejection from the EMA lines and the RSI shows signs of being overbought.
Here has the analysis showed sign of playing out on the daily time frame.
No financial advice.
THORChain RUNE in healthy correctionTHORChain RUNE in healthy correction after bearish divergence on RSI.
This correction started at FIB golden pocket ($12.13-$12.60) as I proposed 2 weeks ago.
A correction to volume support at $6.37 would be healthy and not concerning for Bulls.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
RUNEUSDT, 4th target was reached, now we need correctionHello everybody
RUNE is one the most powerful project for solving the LP problem from ...
According to the chart and last analysis that we published all of the zone exactly done its duty and now at this time we are going to make new uptrend and we need more correction to have a nice R/r and then you can take position but check the chart in lower time frame and check, and take signal after that take position or buy in spot.
Exactly our last analysis was donw and reach to all 4th Target
Previous analysis :
Good Luck
Abtin
RUNE double bottom can complete#RUNE/USDT
$RUNE shaped a double bottom pattern and also price broke out from descending resistance.
🐮 price possibly will have pullback to broken line to support zone around $7 then if success to hold that support it will head up to resistance zone and 2 fib level to complete double bottom pattern.