Thorchain "RUNE" long - will start moving soonRUNEs chart looks super strong both in short and long time frames. A daily close above 5.4 can be the starting point of a fairly quick 35% move to the next target which is 7.3.
Strong fundamentals will sooner or later be reflected in the price. I think an explosion in price is a possible scenario. We are currently in a market where it may soon be too late to take a position, if you're a rune bull, it's definitely time to be ready to take a position or add.
If BTC starts to move rapidly upwards I see RUNE accelerating in price - non financial advice.
RUNEBTC
RUNEUSDT Forms Bullish Triangle PatternRUNEUSDT Technical analysis update
RUNE has been trading inside the triangle for the last 30 days and is now moving toward the breakout on the 4-hour chart. If the breakout occurs, we can expect a significant bullish move. The price is trading above the 100 and 200 EMA on the daily chart, which act as support for the current triangle.
#RUNE/USDT#RUNE
The price is moving in an ascending channel on the 1-day frame and is sticking to it very well
We have a bounce from a major support area in green at 2.80
We have a downtrend RSI that has been broken upwards which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 4.00
First target 5.20
Second target 6.28
Third target 7.75
Will RUNEUSDT Breakout Lead to a Massive Surge?
Yello Paradisers! Could this be the moment #RUNEUSDT finally breaks out for good? Let’s dive into the recent action and find out if this is the move we’ve been waiting for!
💎#RUNEUSDT has been showing strong fundamentals, and recently, it has broken out of a descending resistance trendline on the major timeframe. After the breakout, the pair successfully retested the trendline, now acting as a support level—a bullish signal for potential upward movement.
💎The pair is sitting just above a solid support area, which increases the chances of a move to the upside. The current trendline, once a resistance, has now flipped to support.
💎The pair will face resistance at $4.388, a minor zone to keep an eye on. Should market sentiment turn bullish, further resistance is expected at $5.30, followed by a stronger barrier around $7.00.
💎If the bullish momentum holds, RUNEUSDT could first target $3.494, as this trendline support provides a solid base. After overcoming the $4.388 resistance, the path to higher levels opens up, possibly reaching $7.00 if the market continues to show strength.
💎However, the bullish outlook will be invalidated if RUNEUSDT sees a daily candle close below the key support level at $3.197. In this case, further downside could be expected.
So, what’s your move? Will RUNEUSDT make a run for it, or will support break down? Stay focused, Paradisers. The next few days will be crucial!
Stay sharp, Paradisers! The next few moves could offer some excellent trading opportunities, but always remember to manage your risks. Discipline and patience are key to navigating this market successfully. Let’s keep pushing forward and make the most out of these setups!
MyCryptoParadise
iFeel the success🌴
Is RUNEUSDT Ready to Break Out? Here's What You Need to Know!Yello Paradisers! Have you noticed how #RUNEUSDT has been making waves lately? If you’ve been following this pair, you might have seen it in a descending resistance pattern with multiple taps—almost like it’s been teasing a breakout. But here’s where things get interesting, RUNEUSDT has been forming higher highs on the higher timeframes, a strong bullish signal that you don’t want to miss.
💎#RUNEUSDT , recently , retrace back to a previous bullish order block. This level held strong, and the price bounced back up, respecting that support beautifully. This kind of price action usually indicates that the bulls are in control, and it’s no surprise that we’re seeing a Change of Character (ChoCh) confirming a probable move to the upside.
💎If the bullish momentum continues, the first area to watch is the resistance level at $4.248. However, if the price doesn’t break this resistance, we might see a pullback to the bullish order block around $3.872. Should the pair find support there, the next resistance levels to watch would be $4.355 and a strong resistance at $4.536.
💎But remember, this bullish outlook hinges on one critical level: the $3.748 mark. If we see a 4-hour candle close below this level, our bullish thesis will be invalidated, and we might need to reassess the situation.
Stay sharp, Paradisers! This could be a crucial move in the making, so make sure to manage your risk and trade smart.
Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Rune (Thorchain) - DCA, the bottom is nearRune - the fundamentals looks super super strong.
Streaming swaps, new chains and exchanges make Rune grow in a rapid pace.
If you still think we are in a bull market and believe in Rune... this could be a great time to DCA into Rune.
I see Rune 3.00-3.65 dollar as a gift and probably the last time we see Rune so cheap
We have 0.5 fib level at 3.56 to watch out for.
Massive Opportunity: Will RUNE's Breakout Ignite a Bull Run?Yello, Paradisers! Are you ready for the next big move in #RUNEUSDT? Price has seen a pivotal key resistance reclaimed & its holding it strong—time to see where it's headed next!
💎#RUNE has recently reclaimed a pivotal key resistance, and since then, a significant push to the upside is underway. However, the price is currently approaching several resistances. Holding onto the minor support level of 4.30 is crucial for maintaining bullish momentum.
💎Resistance at 5.15 is critical as it also holds the daily EMA-200. A decisive move above $5.15 could unleash a powerful bull run, potentially unleashing bulls towards the levels of 5.85 and 7.28.
💎Meanwhile there is minor support positioned at 4.30. This minor support holds both horizontal as well as dynamic support from the EMA-50. Any dip into this region could be an excellent opportunity for sidelined bulls to add fresh positions. In case of a deeper pullback, $3.90 level offers strong support.
Paradisers! be disciplined with your trading strategy, and keep mastering your willpower.
MyCryptoParadise
iFeel the success🌴
RUNE looks bullish (1D)RUNE appears to be creating a large triangle whose sides we have labeled abcde on the chart.
Now the candles are at a "Key Level" and only when the candles are at this level, the RUNE is actually bullish.
In the coming weeks, it is expected to reach the $7 channel and then correct for wave e of this triangle.
For this wave (wave d) the target is $7
When wave e is over, we can again look for buy/long positions.
Closing a daily candle below the invalidation level will violate this analysis and view.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RUNE UPDATE (1D)This analysis is an update of the analysis you see in the "Related Ideas" section.
We have not yet reached the green range of the previous analysis.
Now we have more data on the chart.
Wave D of the previous analysis looks like an ABC, while Wave B is a triangle.
A swap resistance range is also formed for us on the chart, if the price reaches this range, we expect the price to reject downwards.
The green area is the best place to shop. If the price reaches the green range, we will look for buy/long positions.
Closing a candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RUNE is one of the best coins nowFlipped the major level in the form of a correction, and that correction is getting completed with respect to the whole market.
Coins like these usually make new all-time highs.
Targets are on the chart.
Invalidation: if price stays below $3 and fails to reclaim it.
Long-term hold till May 2025.
RUNE / RUNEUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
$RUNE/USDT trading plan. Great coin to hodl, I explain whySome History, so that we know what we are talking about:
Thorchain is a decentralized liquidity protocol that allows users to easily swap assets across different blockchains in a permissionless and trustless manner. It enables cross-chain decentralized finance (DeFi) transactions by providing liquidity pools for various cryptocurrencies, allowing users to exchange assets without relying on centralized intermediaries.
The project was created by a team of developers led by Chad Barraford, also known as "Chadwick Strange," who is the co-founder and CEO of Thorchain. The team behind Thorchain aims to address the issue of liquidity fragmentation in the DeFi space by enabling seamless interoperability between different blockchain networks. Thorchain's native token, RUNE, plays a crucial role in the protocol's operations, serving as a means of liquidity provision, governance, and security.
Circulating Supply: 335,641,741 RUNE
Total: 414,274,277 RUNE
Issue Date: 2019-06-20
CRYPTOCAP:RUNE is supported by a resilient team that has been continuously updating since 2019.
CRYPTOCAP:RUNE has 90% of its supply released to the public, reducing the risk of VC dumping and token releases. Most tokens are now used as treasury, which is favorable.
CRYPTOCAP:RUNE , along with its main project Thorswap, is constantly adding new bridges and experiencing steady growth.
CRYPTOCAP:RUNE preserves the anonymity of transactions, which aligns with the core principles of cryptocurrency.
CRYPTOCAP:RUNE competes with Uniswap, which faces regulatory issues with the SEC. Consequently, many users may seek alternative platforms like Thorswap for coin swapping, providing potential benefits to $RUNE.
I have been trading CRYPTOCAP:RUNE since it was worth $1.5 and it is now around $5 during this bull run, presenting a good buying opportunity and recovering strongly from the last CRYPTOCAP:BTC dump.
The take-profit are indicated on the chart. It's important to note that this coin is highly volatile; it can experience sharp drops but also significant gains. Do Your Own Research (DYOR) and trade safely. Feel free to share your profits in the comments!
RUNR: in channel📊Analysis by AhmadArz:
1. Support and Resistance Levels:**
- Support:** Around $6.100 and $5.995.
- Resistance:** Approximately $8.397 and $8.717.
2. Trend Channels:**
- The price is moving within an upward channel marked by blue lines.
- There is a clear uptrend with higher highs and higher lows.
3. Trading Strategy:**
- Buy Zone:** Enter buy positions around the support area of $6.100 by SL: $5.935.
- Target Prices (TP):**
- TP-1:** $6.731
- TP-2:** $7.298
- TP-3:** $8.284
4. Overall Trend:** The trend is currently bullish within the ascending channel. The price is expected to move towards the target prices if the support levels hold.
In summary, consider entering buy trades in the support zone and aim for the target prices within the upward trend channel.
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#RUNE/USDT#RUNE
The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside
The price rebounded well from the lower border of the channel at the green support level of 4.50
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 5.90
The first goal is 6.68
Second goal 8.32
Third goal 9.77
RUNE: breakout renge📊Analysis by AhmadArz:
🔍Entry: 6
🛑Stop Loss: 5.594
🎯Take Profit: 6.227 - 6.654 - 7.240
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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The RUNE will explodeLooks like RUNE is forming a big, time-consuming diametric to achieve ATH! From where we entered "START" on the chart, we seem to have entered a bullish diametric pattern.
The green area is a low-risk area for buy/long positions.
We specified the targets of wave E on the chart. If an alt party occurs, RUNE can follow this path for the medium and long term
When we reach TP 1, put the stop on the entrance.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RUNE: 📊Analysis by AhmadArz:
🔍Entry: 5.673
🛑Stop Loss: 5.520
🎯Take Profit: 5.843 -6.026 -6.223
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Rune ! Dump To 14 % ?After touching the $7.15 area three times, we can consider this area weak. If the price breaks and the candle closes below this range, we can expect the following targets:
6.88
6.68
6.45
And exit the trade in the range of 6.17 - 6.10.
Things to keep in mind:
This is only a technical analysis and there is no guarantee that targets will be achieved.
Always do your research and use a proper risk management strategy before trading.
The profit and loss of the transaction is for you.
Rune will 15x in 2024! Buy this coin immediately.Technical analysis
Rune is an extremely bullish coin and will hit a new all-time high relatively soon! It's still a good time to buy this coin and make a very nice 1500% profit this year. Why? As we can see, the coin is breaking out of the descending parallel channel on the weekly chart. Always wait for the rarest, but the retest already happened, so I don't think this coin will go down anymore. You can take the profit early or hold it to my ultimate target, which is a 1.618 FIB extension. Volume is extremely high, we have almost a record, which confirms my idea!
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Makes THORChain Unique?
THORChain enables native asset settlement, allowing users to swap Bitcoin, Ether, Stablecoins, and other coins across 9 distinct blockchains. THORChain does not wrap or peg assets, instead it allows value to be exchanged from one coin on one blockchain to another coin on another chain.
THORChain uses a unique system to help mitigate the issue of “impermanent losses” — or the often temporary losses that a liquidity provider can experience when contributing to liquidity pools. It achieves this by using a slip-based fee to help ensure liquidity stays where it is needed.
THORChain combines a range of novel technologies, including on-way state pegs, a state machine, the Bifröst Signer Module and a TSS protocol to seamlessly facilitate cross-chain token swaps permissionlessly. This is all kept behind the scenes, making the platform accessible to even inexperienced traders.
The protocol isn't profit-oriented. All fees generated by the protocol go directly to the participants eg. node operators and liquidity providers, and there are no provisions for the team. Instead, the team is incentivized by simply holding RUNE — just like everyone else.
THORChain enables Streaming Swaps which allow large swaps to be broken up into many smaller swaps over time, which significantly reduces swap fees for users.
Other than swaps, THORChain offers single-sided liquidity provision through Savers. Users can provide Layer 1 assets such as BTC and earn single-sided yield without impermanent loss.
THORChain also hosts a flagship Lending protocol where users can borrow against their native BTC or ETH and receive a USD-denominated debt in the asset of their choosing. The loans have no liquidations, no interest, and no expiration.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.