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Rune

RUNE USDT breaking out strongly and is now facing resistance RUNE THORChain, this protocol referred as " The internet of blockchain" is a leader in the development of the DEFI, The protocol’s native RUNE token had a 35% increase Thursday after trading interoperability with the Ethereum network was re-enabled. As you may know if you follow our discord channel, we are investing and accumulating THORChain rune since the reload zone of 3,20 USD. The daily breakout of the 8.90 resistance zone has been confirm by strong volume and a daily closure above it. However, we are now testing the 11,80 resistance zone, which we have to break and close above in order to maintain this strong bullish trend that we started. A breakout and a closure above it would give high probability to a retest and a breakout of the previous ATH... As the bitcoin is slowly cooling down, we might have the chance to see the volume going into the alt market ... We have to be patient and cautious in order to manage our risk The content covered in this publication is NOT to be considered as investment advice. Thank you all, If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section. Have a Good day and Safe trade Butterfly .D /Metamorphose your portfolio
Long
by Taidotrading
RUNE: Approaching an important zone.RUNE has seen some massive gains over the last days, jumping from $7.5 to $11.5. It is now approaching an important price point, well respected various times already. This can be a good time to book some profits. Those who bought at $7-8 are up ~50% and are yet to take profits as shown by the parabolic move. On the other hand, If it does clear the $12 area, it’s full send to $14 imho. Regardless, be careful if you long this. We are just under resistance. Good luck!
by Verve97
⚔ RUNE smashing levels-broadening wedge-- There are still 3 hours left for this daily candle to close, so in case it breaks out of the wedge I will update this idea later. -- After forming a double bottom under 200EMA on daily chart, yesterday the price smashed right through both moving averages and the key level of 9.23 finally reaching the top of the broadening wedge formation where it faced strong rejection. It would be healthy price action if we saw a pullback to retest the daily dynamic resistance as well as key level (9.23) But keep in mind even though RUNE is now trading above all major resistances it is still inside of a descending formation. Entry: average buy 9.70 - 8.40 -- or wait for breakout from the formation (buy above 10.5 on a local pullback) TP1: 10.57 TP2: 12.91 TP3: 16.82 TP4: 21.29 (~130%) TP5: OPEN++
Long
by V0VOLAN
Bitcoin follows the beat of its own drum! - VLOG #60BTC making me look like a clown! Been a while since my last VLOG. Bitcoin has been wiping the floor with me, i had a call for top at 53k and BTC just destroyed me lmao. Despite BTC breaking every bit of TA you can throw at it, breaking out of a descending triangle to the upside?!?!... despite that this is actually the most I've traded so far this year. Important to be flexible with your bias, there have been good triggers for longs here, and even if I think its fookin whack that BTC breaks 50k, if it does it does and I gotta long! No choice! Today I also took a look at LSS / STEP / THETA and RUNE Spent some time reviewing LSS, was criminally undervalued and got a great correction. Seeing similar patterns to LSS across the alt space right now with HTF descending upper trend lines that are squeezing against major support. PREDICTION = Could see a flush to below 60k soon, id love to see chop here and give alts a chance to moon. === TimeStamps === 0:00 = Welcome 0:30 = BTC 1 day 2:00 = BTC doing the impossible 5:00 = Flipping bias 6:00 = Clear graph, fresh look 9:00 = BTC 1 weekly 9:30 = Terrible steak analogies 11:30 = LSS - Lossless - LSSUSDT 13:40 = LSS fundamentals 16:40 = STEP - STEP finance - STEPUSDT 18:05 = THETA 19:10 = RUNE 19:30 = Closing words ------------------ NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.
by tommytoan11
RUNE - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. RUNE is overall bullish and now retesting the support so we will be looking for buy setups on lower timeframes. on H4: RUNE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, RUNE would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
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