Rune
🆓THORChain (RUNE) June-24 #RUNE $RUNERUNE is having a strong recovery and is heading towards the $9 and $12 zones.
📈BUY
🔴Buy : 5.85-6.15$ if A
🔴Buy : 4.85-5.15$. SL if B
📉SELL
🔴Sell : 8.8-9.2$. SL if B
🔴Sell : 11.7-12.3$. SL if B
♻️BACK-UP
🔵Sell : 4.85-5.15$ if B. SL if A
🔵Buy : 3.4-3.6$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
RUNE/USDT (1D - Binance) Waiting for good entry point. Hi Traders,
Just quick idea, RUNE sounds like nice project (Fundamentally).
But we can be still far from fair entry price. Depends what will be next move of Bitcoin. (My expectation is 1 more wave down to 25-20K; later 17K possibly).
So Rune could drop to 2 or 1 USD. (My ideal buy zone).
We need more data for much propper EW count. now the waves are overlapping. !! So there are few options to consider.
Let me know whats your opinion with chart ;)
Trade safe, have fun.
Long - RUNELong
Reason
H4 breaker confluent demand zone was touched (blue box),
This is support zone,
Targets and invalidation point in the chart
I'll take a risk 2%
Thorchain (RUNE) • Is this rune powerful enough to buy?In this video I go through some level mapping using trendlines and take observations on volumes and momentum.
Can this go up? Yes
Is it a good time to buy? Check the video for full reasoning.
RUNE/USDT Daily ChartRune finds itself at key support level (Refer arrows) after BTC downtrend forcing it out of the wedge formation to the downside.
If itb cant hold support here then we will be looking at a ridculous $5.95 level perhaps.
Needless to say, keep an eye on it now at this key level.
RUNEUSDT long BreakoutBullish Breakout after correction was busy taking place, came back to breakout level to retest and Price is showing rejection currently
RUNEUSDT Long PositionStrong Resistance at 14.033, if breakout with good volume than it might hit previously ATH.
Weak Supports : 11.8
Moderate Support and Stop loss : 9.5
Entry point 1 : 14.1
Entry point 2 : 11.8
Entry point 3 : 9.570
#RUNE Bullish Scenario after H&S begins to formI had 2 scenarios for #RUNE at midnight 28/05/21, it seems to be that the H&S pattern is forming, I am filling my spot positions with targets highlighted on the chart. Rune fundamentals are very strong at the moment too so I will be keeping my eyes out for any further updates!
THORCHAIN / RUNE cup & handle - short term bottom seems to be inRUNE has had a fast recovery since the May 18th Crypto market liquidation event. It has formed a clean cup & handle.
Price target: 15+ within 10 days.
RUNEUSDT SUPPORTS AND RESISTANCES DURING THE PAST 2 WEEKS (4H F)RUNEUSDT SUPPORTS AND RESISTANCES DURING THE PAST 2 WEEKS (4H FRAME)
RuneUSDT Bullish or Bearish time comes?Rising wedge of Rune showing for us possible of lower but in this market we see a lot of breaking of rising wedge BUT this time is different we have very low BTC.D where we need bounce and make some rejections.
1. Hopefully bids is possible also if we get BTC lower if we didnt hold.
2. BTC.D bounce possiblity
3. Rising Wedge
4. Crossing EMAS what's not good sign.
DeFi tokens comparison vs their own Index In this chart we have a birds-eye-view of most DeFi perpetual swaps against the DEFIPERP index (an index with around 25 defi tokens)
RUNE and SOL immediately come to attention as the biggest overextended pushers.
CREAM, KNC, COMP biggest laggards against the index.
This is also subjectively bullish since coins that underperform generally tend to have liquidity rotation into them at some point.
CREAM for example is one of those that seem to gather some hype on social media. Worth to keep an eye.
RUNE - long entry primedHave been sharing regular updates for RUNE on my youtube channel, The last update was at the peak around $16-$17, expecting a move down to the fibb levels.
We are now at those levels hence why publishing a tradeset up here. Enjoy
RUNE THORCAIN TETHER BULL FLAG + ABCDif flag stars his move macd cross will help us then trend will change and new ath
Potential UptrendTechnical Analysis:
Showing healthy uptrend in coming days. Let me know in the comment if you think otherwise.
Fundamental Analysis:
Price rallied every since Thorchain released Multichain Chaosnet (MCCN) and DEX about 2 weeks ago.
It should be going up and people showing support to the project.
It is a good project, however I'm not sure if it's widely used or not. Pls comment if you do know any info
NFA and still learning! Forgive me for any mistake
🆓THORChain/USDT Map (1/5) #RUNE $RUNEThe buying force is still pouring into RUNE and it could reach the 20$ zone in the next few days with the 15$ support zone
📈BUY
-Buy: 14.6-15.4$. SL B
📉SELL
-Sell: 19-20$. SL A
♻️BACK-UP
-Sell: 14.6-15.4$ if B. SL A
-Buy: 11.7-12.3$ if A. SL B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
