RUNE IS READY TO REIGNRUNE has some pretty great news in the coming days. They are gonna burn 60 Million RUNE which now has a face value of 360 MILLION DOLLARS. And this is being done as part of their upgrade related to the loan proposal against BITCOIN AND ETHEREUM.
People can borrow 50% of the face-value of your assets without paying any interest or getting liquidated against the loan that you borrowed.
This is gonna change a lot of things for the THORCHAIN adoption, when you can just park your BTC and get 50% facevalue as loan without paying any interest.
Highly BULLISH ON RUNE
RUNEBTC
RUNE is going up in the channelRUNE is going up in the channel.
🔵Entry Zone 5.506 - 5.778
🔴SL 5.0699
🟢TP1 6.1010
🟢TP2 6.7777
🟢TP3 8.4198
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Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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The RUNE engine will restart !It looks like RUNE is completing a diametric in wave X format. With the completion of the G wave, we can expect another upward step from RUNE.
We marked the TPs on the chart.
If it returns to the green range, you can enter the buy/long position towards the specified TPs.
Closing a daily candle below the green range 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
Trade signal | THORChain (RUNE) setup for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Recently we caught more than 27% pump of RUNE as below:
Now on a 4-hr time frame, RUNE has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Trade signal | THORChain (RUNE) setup for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Previously we caught more than 400% pump of RUNE as below:
On a 4-hr time frame, RUNE has formed a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RUNE is turning to bearish trendOn the chart, we have an important level, which we determined that if we have several 4-hour candles under this level, the bearish view on the rune will increase, and the second confirmation is a bearish ch, which, if it occurs, can drop the price to the green area.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RUNE channelization analysisThis is an analysis based on channelization.
Remember that most of the time everything is reflected in the chart and you should look for signs.
We have had a diagonal channel that the price has faked out twice, which shows selling pressure.
We have also had a dynamic support that has been broken and the price has not been able to recover it.
Now all buyers will become sellers and RUNE will experience a lot of selling pressure.
The bottom channel is the adjacent channel.
I specified the targets.
RUNE SHORT SETUPThe RUNE symbol is one of the bullish symbols of the market. But we have signs on the chart that show that the rise of the RUNE symbol seems to be over.
It can go back up to the specified range to collect orders and complete reversal waves. In the specified range, we are looking for confirmation to take sell/short transactions. Until this range is reached, it is risky to enter sell/short positions.
I specified the invalidation level, closing a candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RUNE/USD - Great Run, Now PullbackRUNE had a great run after its lending mechanism went live.
However, the price has hit a major resistance at $2.2 and it's unlikely the price will push higher at this time.
Momentum indicators are also turning a bit bearish after such a rally. So expect a pullback.
The area at $1.3 looks interesting for buyers.
Bias a bit bearish in the short term.
Like and follow for more updates!
THORChain (RUNE) formed Gartley for upto 21.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Previously we I shared a long-term trade setup which produced almost 340% pump as below:
Now on a daily time frame, RUNE has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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.
RUNE WILL GO TO HELLHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RUNE symbol.
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/USDT Technical Analysis (REQUEST 18)
The first 15 charts for the following alts have been posted on my other social platforms:-
Check the links in my bio.
1. LQTY ✅
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I will be covering 14 more charts from here.
DM me if you have any requests, and I will try to cover them.
Let's get back to the chart.
RUNE is one of the strongest coins out there.
It's up 60%+ from the bottom.
Currently, hitting the local resistance.
IMHO, Buying the retest around the $1.5 area would be a smart move with a target of HKEX:2 +
Any dip will be a blessing.
For leverage traders, $1.4 to $1.7 is the trading range in the short term.
Let me know what you think and do hit the like button and share your view in the comment section.
Thank you
#PEACE