RUNEUSDT, Its time to take decision ...Hello everybody
We backed with another analysis, one of the most powerful project that is working of LP base and want to solve this problem of Defi.
Its amazing project but ...
According to the chart and previous serial analysis we shown on chart that the price was moving in downward trend and until its not get out of this downward trend the price can reach to the lower price and now at this time we impact to the resistance zone and the key point level if the price can break this zone and pullback to it and continue it movement the price can temporary move in upward trend and the target that we shown on chart is on our way but if the price can not break this resistance level the price can drop to re-test again the support zone and if its not support in there it can drop more .
Previous analysis :
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Abtin
RUNEBTC
GREATEST BUYING OPPORTUNITY FOR THORCHAIN! - $RUNE ANALYSISChart above us is what we call a Fifth Wave Extension Impulsive move.
Basically a fifth wave extension impulse move has the fifth wave to be the longest of the 3 impulsive moves to the upside and wave 3 to not be the shortest, which leaves us with wave 1 being the shortes of the three
At the End of a Fith wave extension move, Price usually retraces the entire move, i.e from the start of the fifth wave to the end of it, which means we can expect a 100% retracement.
However, it also says that Wave 5 always retraces 61.8% which RUNE hasnt done so far and would have us our first buy orders at the 61.8 region before even dreaming of a bottom (tho i bought some at support on the dip)
We can place orders at the 0.764 fib support region as there was a lot of volume traded there, and should hold as support and as a worst case scenario as seen below
Note that in a fifth wave extension, it is very important that there is no overlapping.
Should note also charts like this are a reason I'm still bearish on Bitcoin.
check out the Bitcoin analysis below.
If you agree, pls leave a like and share your thoughts in the comments.
Feedback is always appreciated.
RUNE/BTC 1DAY UPDATEWelcome to this quick RUNE/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- RUNE/BTC Triangle pattern create and CMP and buy the dip and green zone
Entry:- buy green zone
Target:- 200% to 250%
Stop loss:-0.0001100
green zone downside candle
close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages
Do hit the like button if you like it and share your charts in the comments section.
Thank you..
RUNE LONGRUNE/USDT
RUNE/BTC
Very bullish Technically as well as fundamentally ( Doge chain and Cosmos Chain ) Soon Live on Thorchain Stagenet.
Mainnet Launch Next month.
Inverse H and S at RSI on RUNE/BTC PAIR
Breakout of Resistance
CUP AND HANDLE PATTERN on RUNE/BTC PAIR
Expecting 40~50% pump this or next week.
Double Bottom Sketch Could be form as well.
EMA CROSS AND GOLDEN CROSS INCOMING which changes the trend as well.
X1 is easily possible.
HAVEFUN
RUNE is on a breakout setup!!!THIS ANALYSIS IS TOTALLY DEPENDS ON BTC MARKET MOVEMENT. BECAUSE NOW BTC IS IN A DANGEROUS SITUATION.
Rune breaks its downtrend wedge and now it is on a triangle pattern.
There is a rounded bottom pattern and a cup and handle also.
50 and 200 EMA s made a GOLDEN CROSS already.
Wait for a retest to be safe trading.
Mainly supports on Demand Zone at 6$ -7$
Wait to long it after the TRIANGLE BREAKOUT CONFIRMATION in the short-term ...
For the long term, you can buy it here for targets at 8$, 9.25$ , 10$, 13$.....
RUNEHello everyone...
Potential and good currency with an attractive foundation
In the weekly time frame, the candlestick has created a cover
I do not think now is the time to buy
We should let this currency test the $ 6.2 price again
Because it grew very fast and did not allow people to trade ...
Do the shopping step by step. This currency is not something that will disappoint you in the long run ...
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If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...
RUNE looking amazing relative to bitcoinThis chart represents RUNE/BTC (thorchain dominance over bitcoin)a nd has been in this channel for quite a long time. Every time we touch support we have a massive run to the upside, and every time we touch resistance, we tank. You can see the RSI being a useful indicator here as it signaled the bottom for the previous two, recent major pumps. Current levels are around the same and we are just touching support on the channel.
You guys think we will continue the trend and run upwards and potentially even breaking out of it as there is mainnet news this month? Or will we break down.
RUNE to outpace BTC by 6xLooking at RUNE/BTC on the daily we can see that since launch, RUNE has been steadily outpacing BTC through several upswings followed by minor correction and accumulation phases. These accumulation phases have lasted between ~100 and 150 days, the last three of which had RSI similar values before the next euphoric upswing. Today, RUNE sits at a similar RSI value and is around 140 days into its current accumulation phase and the MACD is turning bullish.
RUNE is poised to explode! Judging by its fairly consistent previous rallies, this baby can do an 6x multiplier against BTC in the next months!
RUNE/USDT 4HOUR UPDATEWelcome to this quick
RUNE/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- RUNE/USDT analysis is inverse head and shoulder and buy the dip.
Entry:- buy in green zone
Traget:- 25% to 30%
Stoploss:- NA
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
RUNE THORCHAIN LONG OPPORTUNITY: NEED BREAKOUT CONFIRMATIONRUNE has been a perfect Crypto Asset for Trading.
For now, there is a good opportunity for Long Trade.
Sig: Red -> Green
Confirmation: Breakout the Resistance of the Structure.
Good Luck
RUNE, RUNEUSD, RUNEUSDT, RUNEUSDTP,THORCHAIN, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
My RUNE long orders before possible uptrend rally to new ATHsThis idea will only be valid if RUNE/BTC also respect the middle of the channel and the fib resistence area (0.618-0.66).
Possibly taking some few profits (~40%) on both weekly resistence above. I say possibly because if resistence turns into support without even having time been rejected I wont take any. If resistence are respected as they are, I would take major profits but no more than 70% and keep the 30% in for moves above previous ATH.
RUNEUSDT , We should be conscious for buyingGood morning guys
Today we analysed one the powerful project in crypto that name is ThorChain
In here we had a rally that started from long days ago and now after new breakwave we need to have pullback to the area that we broken
We had a little pullback but its not enough for continuing the way and in abou 17$ is the place of settlement for traders and in here in buy zone area we can buy and take long position until the 1st target reach and after it can break successfully the 1st Tp the others one is in our way
In buy zone area we need to take signal in multi-time frame like 4h - 1h - 15mins - 5 mins and ...
After we take signal like hammer or ascending cover or pattern price we can take position and put our stop loss as same as we shown on chart
Becareful because maybe the price should come down to stop hunter the buy position below that hammer that made
If you have any question just send us a message
Be with us and reign
Good Luck
Abtin