Bullish rally in RUNE* RUNE is in a steady uptrend respecting the below ascending trend-line as support creating higher-highs and higher-lows forming a expanding channel.
* Every time the price moves to test the lower trend-line (support) it bounces back up creating a new higher-high.
* Currently the price is facing a resistance near $10.8,if it breaks the resistance we can expect a bullish move till $12.5.
Rune
RUNE - Ready for Impulse wave 5RUNE has recently bounced from its daily trendline support after doing 50% correction of Impulse wave 3. It has been making Pennant on 4 hour timeframe which was recently broken upward as shown below:
As you can see the opening of pennant has height of ~4.6$, which indicates upward movement of same height. The macro 0.617 Fib also lies around that height along with the height of impulse wave 5 according to impulse wave 1.
Both of these are indicating a strong upward movement up to 0.618 Fib.
#RUNEUSDT 170%+ Potential Rally ahead! Welcome to this quick Update, everyone.
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RUNE Broke out of the Inverse Head and Shoulders Pattern in HTF.
the price is retesting right now.
The pattern started forming on June 21st, 2021, and broke out on Aug 21st.
60 days of formation broke out a few days back. It couldn't be that weak.
The chart is pointing towards a 170% + rally.
Best entry:- $8.92 to $10.4
Targets:-
$10.96
$12.56
$13.88
$14.11
$15.89
$15.77
$18.26
25% Position you can hold till. $25
Stop Loss:- $8.33
Do your own research before investing.
I put my maximum effort into finding these setups. Please try to put some of yours too, before investing.
What's your thought on this?
Do you think this correction is over?
Do you think RUNE could easily start pumping from this level?
Do hit the like button if you like this setup and share your views in the comment section.
Thank you
#PEACE
RUNE/USDT. Pullback likely (following btc pullback effect)RUNE is facing last resistance..
This coin truly have a good potential for next month.
But i think. this time. RUNE/USDT will pullback to retest the support
(following the fib 5.0). Pullback target will follow the bars pattern.
and then continue rally. (i don't have any RUNE coins. i TP' already at $10.7 yesterday.. and im waiting to accumulate at fib 5.0 point)
waddya think?
*not financial advice)
RUNE/BTC { THORCHAIN } - BULLISH SETUPANALYSIS 🔎
- RUNE/BTC is printing the inversed head and shoulders pattern.
- The inverse head and shoulders pattern is a bullish reversal pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the inverse head and shoulders neckline resistance (@0.00022119).
- Limit entry: Retest of the right shoulder's horizontal support level .
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the right shoulder's horizontal suppor level (@0.00014537).
RUNEUSDT Look Bearish!RUNEUSDT Technical analysis Update
RUNE/USDT currently trading at $7.00
Triangle Formation
Short level: Below $6.93
Stop loss: $7.38
TP1: $6.74
TP2: $6.61
TP3: $6.41
TP4: $6.10
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.