Get started

Rune

RUNE. Governance token for the descending channel.The price did not touch the upper border of the channel for almost 500 days. Assets with a capitalization like RUNE classically behave characteristically to patterns. We are testing the middle of the channel for the fourth time and imo it will be broken, besides, at the moment there is a positive info background on Twitter around RUNE and its bridge/swap. RSI also allows the upward movement to continue. So, it is logical to expect 113% gain if your glass is half full... Or after testing the middle of the channel, the fall will continue if your glass is half empty.
by Tropnik
$RUBE Adam and Eve Pattern Performing in 1dWhat is the Adam and Eve Chart Pattern? Adam and Eve is a bullish and bearish reversal chart pattern that appears in a downtrend or uptrend. The pattern was first mentioned in the book Encyclopedia of Chart Patterns by Thomas Bulkowski, and until these days, it is a relatively unfamiliar classical chart pattern to many traders worldwide. In essence, Adam and Eve is a variation of double top and double bottom patterns and is only slightly different from the traditional double bottoms/tops. The pattern is marked by the first bottom or top, the Adam, then the price moves up or down and creates another U-shaped where we can see Eve. So, instead of having two peaks like in the double top or double top (or three peaks for the triple bottom and the triple top pattern), Adam and Eve is formed by two highs – the first is a peak while the other has a round shape. Overall, it is an excellent chart pattern to find entry levels as it gives you double confirmation of the price failing to break above or below a specific price level.
Long
by UnknownUnicorn26572303
RUNEBTC 1HThe given bearers for the RUNE/BTC pair are 0.0000281 and 0.0000252. These are the levels where prices have had a hard time falling in the past. This means that these levels can be considered 'floors' or 'barriers', where the fall in price can slow down or be stopped. The resistances are at 0.0000359 and 0.0000437. These are levels that prices have struggled to break through in the past. Thus, these can be seen as 'ceilings' or 'barriers' where price rises can slow down or be stopped. Considering the RSI (Relative Strength Index), there is an exhaustion of purchasing forces. This is usually a sign that the market may be overbought and that a correction or even a trend reversal may be in the offing. The combination of these technical factors could indicate a downward movement in the pair in the short term. Thorchain (RUNE) is a cross-chain solution that allows the exchange of cryptocurrency assets on different blockchains. Additionally, Thorchain allows users to earn interest on their cryptocurrency assets by providing liquidity, which adds an additional incentive for holding RUNE.
by ferulianov
Will RUNE/USDT hit $21 Mean 40x From Here in Next BullRun?Analyzing the Bull Run Potential of RUNE/USDT: A Promising Investment Opportunity The Previous Bull Run: The last bull market for RUNE/USDT showcased an extraordinary performance for holders. Starting from September 21, 2020, with a price of around $0.322, the pair skyrocketed to $21.28 by May 17, 2021. This impressive rally resulted in a staggering 6626% increase within just 238 days, demonstrating the tremendous potential of the asset. The Subsequent Bear Market: Following the all-time high of $21.28, a bear market ensued. Over a span of 756 days, the price of RUNE/USDT plummeted by approximately 96%, reaching a low of $0.777 on June 12, 2023. This significant decline from the ATH presents an attractive opportunity for accumulation, with the expectation of future upward movement. Accumulation Strategy: Considering the current price level of $1.028, it is an opportune time to start accumulating. While a potential further 30-50% downward move is possible, attempting to predict the market with 100% accuracy is challenging. Therefore, gradual accumulation is recommended. Entry Zones: To capitalize on the anticipated price movement, two entry zones are proposed: First Lot Entry: $1-$0.90 Second Lot Entry: $0.6-$0.5 Timing and Targets: The expected price decline may occur towards the end of 2023, making the late 2023 and early 2024 period ideal for entering the market. With historical evidence of significant bull runs, the targets for the next uptrend are projected to be impressive. TP1: $5/$10/$15/$20 This suggests a potential 40x increase from the bottom if Lot 2 entry zone is reached. Key Levels: Bullish Breakout Level: $1.40 Breaking this resistance level could trigger a skyrocketing price movement for RUNE/USDT. Support Levels: $0.8/$0.5 Resistance Levels: $1.40/$3.50/$11 Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Conduct thorough research and consult with a financial professional before investing in any cryptocurrency. Follow us for More Quality Chart Analysis. Thank you.
Long
by CryptoPatel
4
RUNEUSDT LONGNot a financial advisor. Trend change confirms for the last bearish trend on 4 hours chart, We are waiting for a simple/little retreat before the momentum comes in. The first entry for the first green box (earlier entry). The second entry is for the second box and if you are the kind that likes to hold your breath underwater, then the green line entry (late entry) is for you. Target is 3 dollars. Expected results: Min of1:22 We will be looking out for any red flags after entry cause this was not called on multiple/necessary confluences, it is more like chasing trade, you know. Minimize your loss and follow proper risk management, this is not financial advice.
Long
by ololadenoni
RUNEusdt may be donerune/usdt. RUNEUSDT has recently exhibited a Descending Broadening Wedge pattern on the weekly chart, with wave ABC already complete and the coin preparing for Wave D. Price is forming a leading diagonal immediately after wave C, suggesting that the bullish trend may continue to form Wave D. The expected target of Wave D is 50%-61.8% of Wave BC, indicating a potential price range of around $5.357-$6.986. We should keep an eye on this range as it may signal a potential trend reversal or continuation if price manage to break the zone. Furthermore, the wave E is expected to form our Ultimate Buy zone, making it a critical level for us to watch. The Ultimate Buy zone is the point where the price of the asset is expected to reverse back up from the downtrend and start moving up again. As with all technical analysis patterns, we should consider all factors before entering a position, including other technical indicators, fundamental factors, and market sentiment. While the Descending Broadening Wedge pattern suggests a bullish trend, there are always risks and uncertainties involved in trading. Trade wisely and stay safe. Do not forget to appreciate my effort with your likes. tankyou please like I love rune
Long
by Zighourat