RUNE to outpace BTC by 6xLooking at RUNE/BTC on the daily we can see that since launch, RUNE has been steadily outpacing BTC through several upswings followed by minor correction and accumulation phases. These accumulation phases have lasted between ~100 and 150 days, the last three of which had RSI similar values before the next euphoric upswing. Today, RUNE sits at a similar RSI value and is around 140 days into its current accumulation phase and the MACD is turning bullish.
RUNE is poised to explode! Judging by its fairly consistent previous rallies, this baby can do an 6x multiplier against BTC in the next months!
Rune
RUNE THORCHAIN LONG OPPORTUNITY: NEED BREAKOUT CONFIRMATIONRUNE has been a perfect Crypto Asset for Trading.
For now, there is a good opportunity for Long Trade.
Sig: Red -> Green
Confirmation: Breakout the Resistance of the Structure.
Good Luck
RUNE, RUNEUSD, RUNEUSDT, RUNEUSDTP,THORCHAIN, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
RUNEUSDT LONGHello Traders,
RUNE is in a good position to buy. Depending on your Risk-taking and trading strategy, apply the following suggestions
From low risk to high risk buying instruction:
1- Buy after perfect break of the yellow line, reverse and then perfect reaction to the break ponit.
2- Buy after perfect simply break of the yellow line.
3- Buy after reaction to the green upward line.
4- Buy after reaction to the green oval range.
5- Buy right now!
Take progit
TP1: 13.413
TP2: 15.841
TP3: 20.697 (This price can be touched in a month)
Stop Loss:
From low risk to high risk selling in loss instruction:
After staying below the following prices
1- 8.557
2- 6.129
3- 3.701
ATTENTION:
Follow the principles of capital management.
Pay attention to your strategy.
No analysis is 100% accurate, even if it sounds perfectly good.
You are responsible for your own trades, so do it carefully.
Cryptocurrencies are volatile and have been highly correlated with bitcoin in the past
RUNE ANALYSISHere's a quick look at RUNE 4hr chart . As we can see, the price has been showing a broadening pattern . RUNE gets pullback ,ready to move to take shoot.
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry below 9.23$-6.04$
Target s
1 12.366$
2 14.4$
3 17.447$
IF YOU LIKE THIS SHOW SOME LIKE AND FOLLOW THAT WILL ENCOURAGE ME
THANK YOU
$RUNE Repeat formation before ATH'sLets hope this works out - previously before we saw ATH with $RUNE, we saw this triangular pattern form along with retracement. While the majority of market was bullish at the time, ThorChain retraced, with almost exactly the same conditions seen this time.
ATH coming up after sellers are exhausted
$RUNE, Looks interesting here as its breaking (LH-LL) sequence $RUNE
Looks interesting here as its breaking from a descending sequence (LH-LL) that has been active since September
testing/hodling around the ~18k sats area
UCTS indicator printed a 1D Buy signal yesterday while a R/S flip can allow further continuation (~25k)
#RUNE
👨🎤🎸 RUNE -Up 40% Since Last Post🤘⚔️Exact same post like last time with a little update:
Price got rejected at the 15$ mark which it will likely attempt to breach in the next hours/days forward. Will the price flirt with new all time highs (21$) ?
Most likely it should
⚔️Fundamentals:
Full release on November 1st 🤘
''$THOR will first be launched on Thorstarter on November 1st.
''This will be a capped token launch, meaning each participant is capped at $300 per participant. This is intended to encourage much broader community participation (minimum 2500 participants) and to limit whale activity.
Thorstarter has built a first-of-its-kind model: a token launchpad that combines decentralized liquidity with an investment DAO and helps to bootstrap promising projects!https://thorswap.medium.com/thor-launch-begins-november-1st-on-thorstarter-94eb11dedd80''
The Thorchain price popped sharply on Friday even as other cryptocurrencies pulled back. RUNE is trading at $10.30, which is about 62% above the lowest level this month. This performance brings its market capitalization to more than $2.3 billion, making it the 60th biggest cryptocurrency in the world.
What is RUNE?
Thorchain is a blockchain project that was built using Cosmos blockchain technology. It is a cross-chain decentralized exchange (DEX) that uses the automated market maker ( AMM ) model. The network allows traders to trade cryptocurrency assets. RUNE is the native currency for this ecosystem and is what powers the technology.
Let's hope that Bitcoin helps...
(ps. Thanks to my good friend, the Big Bulgarian Bear, for the info and links)
One Love,
the FXPROFESSOR
RUNE: Target hit perfectly.I don’t know what to expect now. I’m fully out of this trade, but i’ll start to buy something back once we touch the yellow trendline again.
If the price consolidates under the $15 resistance for some time, it will be a bullish signal for me and i’ll buy back hard. In the last few weeks a lot of altcoins had bullish consolidations under resistance just to explode shortly after.