Why i am buying RUNE/USDTsince 2021 rune has been my best trading pair because it always come with an uncomplicated pattern and i believe this time won't be exemptional.
currently we can see RUNE is retuning to retest the ascending channel support after it brokeout from the previous temporal descending channel which i view as the first impulse wave.
i am expecting the price to start reversing from +$7 after which the next target could be 18 - 21
however i am concerned about that which seem to be double top as you can see the two arrows of the pick on the chart pointing down, which i know the bears will be looking as they make trading decision more so bitcoin is not yet suitable and as we all know the price action of bitcoin has impact on alts although i am expecting bitcoin to loss its dominance to give alts breathing space to rise, if this happens then we could see another all time high on RUNE.
CHEERS
TRADE SAFE
I would be looking forward to hear your view on the comment section.
Rune
THORChain | RUNE short-term bullish outlook confirmed 30% potentRUNE has been on a massive run lately. Most recently, Rune showed a golden cross, which is definition a bullish sign. I could see RUNE dipping a little lower to test the MA200 for support, but by then we should have enough rocket fuel to lead us towards $12. Keep in mind that we are in an area, that has proven to show lots of volume in the past few weeks.
Once we break through the big white trend line around $12, I could see RUNE moving towards $18 and then ATH if the overall market conditions are good enough.
My targets are in the chart. Let's see how this plays out.
Thanks for your support.
Have a good one.
RUNE/USDT did 220% Profit so Massive Profit Guys#RUNE/USDT Profit Update:-
$RUNE currently trading at $9.60 and went upto $13.20
As I told this is Very bullish.
$RUNE gave 220% from our entry.
And still 150% up from our entry level.
Congrats for Huge profit 220%
Entry:- $4.10 filled ✅
You cam book profit if you are happy.
If you want to hold Move Stop Loss at $7
I am expecting $17 in mid term.
Targets:- $17/$43
Honestly I sold 70% of positions and now holding only 30% positions.
This is Risk Management.
Support:- $7$5
Resistance:- $12/$17
RUNE/USDT TRADE SETUP! LOOKS BULLISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RUNE/USDT TRADE setup. RUNE looks good here.
RUNE breaks out from the falling wedge-like structure and a retest is also done. I/m expecting a good pump in RUNE. Buy some now and add more in dips.
Entry range:- $8.82-$9.24
Target1:- $10.4
Target2:- $11.8
Targte3:- $13.2
Target4:- $14.4
SL:- $8.36
Use low leverage 2x-4x.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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