RUNERUNE is trying hard to go above the resistance area but gets multiple rejections. The big wick shows heavy selling and price rejection. RUNE needs to close a daily candle above $9 to get bullish momentum. If RUNE is unable to go above $9 then we will see a test of the lower support area. This is no trade zone.
Rune
Market Update - 21 Mar 22 - Sunday Retracement, BTC Still StrongBTC had its big retracement for the day on Sunday
4hr flushed out late and weekend longs, but held the
important level of 40.7k.
ETH moved very similarly but rejected its monthly open
Other than that just waiting for the NY open to see what the
general markets are doing, other than that we are still
in this high timeframe range.
RUNE potential profitable LONG above 7.900It's a nice and simple chart for $RUNEUSDT
It came as an unexpected drop today for RUNE considering as JASMY and WAVE have been holding and running an uptrend.
However, on the upside, as BITCOIN seems to rally up, if RUNE breaks through 7.900 price mark, we will see a continuation to above ~8,100 levels, and higher.
It is best to watch the 15m chart with a clear view on the 4h as RUNE has good trading volume currently.
$RUNE could be headed to $14, then $75$Rune has been showing huge volume and huge strength lately. On the weekly timeframe we can see an RSI "breakout" of a descending trendline, as well as strong candles in the price action. Upside resistance might show up at $14~ or so which is the downtrend line, then the measured move could take us to around $75. I dont expect to break out of this setup in the first go, some pullbacks are expected.
On a fundamental level, RUNE is solving some of the issues with swapping assets cross-chain which is a huge paint point in crypto currently. Their tokenomics is designed so that as the network grows in TvL (total value locked), upwards price pressure is put on the token.
Not financial advice, do your own research.
rune futures trade setup quick tradeRune broke down from its uptrend support trend line and currently forming a small descending broadening wedge which has a probability for 70% of breaking to upside.
this is a quick trade set up buy on support and sell/short on resistance, watchout for breakout and new trend formation.
RUNE double bottom #RUNE/USDT
$RUNE shaped double bottom pattern and head up to descending resistance that is around 0.382 fib level of swing down.
🐮 if price break out from descending resistance, it will increase to 2 fib level to complete the double bottom pattern.
🐻 rejection from descending resistance can drop price to support zone around $6.
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price moved up nicely after hitting the support zone and is now at the resistance zone. If it is rejected from here, it will move down to the support areas and if it is broken, it will move up to the next resistance zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
RUNE/USDT 65% profit within a week#RUNE/USDT Profit Update:-
$RUNE currently trading at $6.40 and went upto $6.75
As I mentioned in Last post that was Retest zone.
And strong bounced from Retest level.
Now 65% up from our entry.
Congrats for Huge profit 65%
Entry:- $4.10 filled ✅
You cam book profit if you are happy.
And You cam placed stop loss at entry level $4
I am expecting $17 in mid term.
Exit below $3 ( Only for Long term HODLer )
Targets:- $17/$43
Support:- $4/$3
Resistance:- $8/$12/$17
THORChain (RUNE) with confirmed breakoutTHORChain (RUNE) with confirmed breakout of price resistance trendline by daily close above $6.05.
Will this happen today?
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 1D TA : Resistance ZoneAccording to the chart, after breaking the downward trend line and completing the pullback, it has reached the resistance range. In case of failure of this range, we have the possibility of increasing the price. In case of failure, resistance range is recommended for purchase.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohmad Teriz - @AtonicShark
RUNE ResistAttention, My signal is not 100% right, So
Dwyor and use your analysis before you join
my signal.
This is the reason why i believe that rune will turn down :
1. There is strong resist weekly
2. Testing Fibo 0.618
3. Testing RSI trendline (still not confirmed breakout)
4. BTC still downtrend
is RUNE about to Fall?After checked in 30m, 1h and 2h timeframes, i trace some pivote zones that i considere relevant for this analysis.
As we can see in chart, 3rd Elliott's wave already finished but i only focus myself from 5th wave to C Elliott's, also seems in 2h chart that Wyckoff move for complete supply is about to be reached to it creates a triangle which also match with Elliott's and Wyckoff next moves.
Regarding indicators i saw high momentum in squeeze indicator (yellow crosses), no MACD, CRSI divergences even that i saw CRSI above 97 which indicates for now that RUNE is overbought and bearish move is around the corner.
Short RUNE Potential bearish tradeToday we have another good opportunity risk reward short entry, for this bearish market.
In this case I am looking at some anomalies(big pumps without a reason inside a bear market) and short them when I believe they are close to top/ATH
Key points:
Type of entry : Short
Take profit level 1 : 5
Take profit level 2: 4.5
Stops loss : 6.07