Rune
RUNE broke out resistance#RUNE/USDT
$RUNE broke out descending resistance, if price hold the current support around $6.15, it will head up to touch resistance zone between $10 and $11.
if bulls success to break out descending resistance around $14, a butterfly pattern can shape that its target will be around $25.
RUNE TA - possible Bullish Scenario 4h
I opened a Long just few minutes ago. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍
And that's the main reasons I decided to take a long :
► Momentum going up
► Breaking out of this falling channel/ rising Wedge
► Breaking out of the 200 MA
► High risk reward ratio
► Bounce from the 0.786 fib level of the previous Swing
► Moneyflowindex in green (4h base)
Trading setup:
SL: $6.56
TP1: $9.6
TP2: $12.8
Disclaimer: DYOR. No financial advice. Just for your impression.
RUNE LONGRUNE/USDT
RUNE/BTC
Very bullish Technically as well as fundamentally ( Doge chain and Cosmos Chain ) Soon Live on Thorchain Stagenet.
Mainnet Launch Next month.
Inverse H and S at RSI on RUNE/BTC PAIR
Breakout of Resistance
CUP AND HANDLE PATTERN on RUNE/BTC PAIR
Expecting 40~50% pump this or next week.
Double Bottom Sketch Could be form as well.
EMA CROSS AND GOLDEN CROSS INCOMING which changes the trend as well.
X1 is easily possible.
HAVEFUN
RUNE is on a breakout setup!!!THIS ANALYSIS IS TOTALLY DEPENDS ON BTC MARKET MOVEMENT. BECAUSE NOW BTC IS IN A DANGEROUS SITUATION.
Rune breaks its downtrend wedge and now it is on a triangle pattern.
There is a rounded bottom pattern and a cup and handle also.
50 and 200 EMA s made a GOLDEN CROSS already.
Wait for a retest to be safe trading.
Mainly supports on Demand Zone at 6$ -7$
Wait to long it after the TRIANGLE BREAKOUT CONFIRMATION in the short-term ...
For the long term, you can buy it here for targets at 8$, 9.25$ , 10$, 13$.....
Is RUNE will be 10x soon ??As fundamental , rune is one if the best defi project with lots of advantages such as use much less number of pools to swap coins and it is realy decentralize.
As technically you can see in chart that it completed pattern and also the price located in the bottom of its channel and start running after pulled back to its support.
You can have it in your portfolio in 2022
Buy 5% of total of your portfolio
Risk management on you
Happy new year 2022
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You can see that the price is trapped inside a flag pattern and now it is inside a bearish channel. The price has tried to break the resistance line twice but was not able and was pushed down. You can also see the support line S1 which the price has hit several times and was supported. You can see that yesterday’s candle has made a shadow and the price is now falling in today’s negative candle. The price is likely to come back down to S1 or $6.127 and if it is supported there, it will move again toward the resistance. The price is likely then to break R1 and move toward our R2 resistance. Those who want to save profit can sell at R2 and if the price breaks R2 and stabilizes, you can buy again after a pullback for $17.270 which is the resistance of the pole of the flag.
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
RUNEHello everyone...
Potential and good currency with an attractive foundation
In the weekly time frame, the candlestick has created a cover
I do not think now is the time to buy
We should let this currency test the $ 6.2 price again
Because it grew very fast and did not allow people to trade ...
Do the shopping step by step. This currency is not something that will disappoint you in the long run ...
.
.
.
If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...
THORChain (RUNE) Buy ZoneTHORChain (RUNE) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
RISK : Medium
On its 4 hours time frames, The THORChain graph formed a bullish patterns. We expect will touch it's low once again before moving up.
--------------------
$RUNE/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 5.98 - 6.47
TP 1 : 6.625
TP 2 : 6.76
TP 3 : 6.91
TP 4 : 7.16
TP 5 : 7.64
TP 6 : 8.37
TP 7 : 9.29
TP 8 : 10.15+
Stop Loss : 5.452
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------
THORChain (RUNE) is a clear "WAIT" at the momentTHORChain (RUNE) is a clear "WAIT" at the moment...
... volume resistance has to be broken
... more volume for breakout needed
... breakout on OBV needed
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