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Runecoin

#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
Long
by CryptoAnalystSignal
RUNE - the power of thor (god of market making)RUNE - the power of thor (god of market making) yeh so RUNE was an absolute beast last run. like FTM. and SOL and a few others. these beasts did 100x+ naturally i am playing their return pumps. RUNE also, uniquely, has an interesting real world appeal. a defi system that is able to run independently of central regulation choke points. this is going to be a big deal as regulators and big bankers come into take control of this market. and they will. this token embodies some of the original cyber punk ideals that actually bought some of us in. i understand now its all about the pump but back then most of us loved the idea of crypto smashing the shackles of the everyday person allowing us to p2p money with strong fundamentals by way of solid algo and decentralization. anyway i do like RUNE . lfg degens
Long
by Crypto-Quantum-Fox
4
$RUNE will drop in MayBINANCE:RUNEUSDT Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Touched 10$ ➡️Next target 0.5 lvl fib. 12$ ➡️After next FRS meeting price can drop to test downtrend line fib on 1D timeframe in MAY 2022 Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
4
$RUNE - A clear bid to Freedom! Price has been moving in a 24% downtrend range since it's breakdown from its $4 support. See my weekly swing analysis for lines drawn in the sand here: - (Take note of the full Fib retracement since ATHs @ 0.236 red level $4.09 - RESISTANCE) Standard DEVIATIONS can be seen at the top of the range at 13 & 16 May – there’s also one persistent deviation at the bottom of the range between 26-29 May. Currently, price seems to be trading in deviation out of the smaller parallel channel you can see on the 45(ish) degree angle – thus reenforcing my bullish weekly swing scenario trend analysis (see link above^) I project that we see price rejection @ Fib level blue 0.66 – around this level there are three clusters of price action toward the top of the range acting as HEAVY RESISTENCE. The price action here is accumulating here in a demand zone after falling through its $4 support. (Use the Googles to search “supply and demand resistance and support” for further information.) Given we can agree that we are accumulating rather than distributing - it stands to reason that the upcoming movements away from the range are… – up only! The strategy I would employ requires three layers – or bullets – as I like to call ‘em. Begin layering your position with a bid from @ fib green 0.5 followed by two more bids through to @ fib gold 0.382. You can see what bid prices I use on the right of the graphic - but choose as you will. Why three bids? Given how bullish price action is behaving – It’s easy – I would be way too sorry to assume my most greedy bid would be filled! If I snag 1 or 2 hey! At least I’m in. Long and short of it ( no puns intended ) – My weekly idea for a $7 Runecoin is just warming up. Get them bids in! or don’t! --------- This is not intended as financial advice – educational and entertainment purposes only.
Long
by daveibo1ster
$RUNE - Weekly swing ideaThis looks like it's in the making for a triple bottom. Price Action is in ranging in an 82% band since All Time Highs Price has been rejected at support near the $3 mark twice - this looks like the third bounce. The FACTS 1. Third time the 3 dollar mark is being tested. 2. On Balance Volume OBV is printing a massive BULLISH DIVERGENCE against the Price Action - see dotted white lines. 3. Relative Strength Index RSI is holding at JAN 22 last printed support level. 4. First major resistance zone is allocated in the red box - confluence found yellow fib level 0.382 5. $3 mark is classed as support. Conclusion Spot buys right now are looking irresistible - a buy now with a Stop Loss S/L set pretty tight near range LOW of $2.45 is advised. Higher resolution analysis is needed for HIGH leverage plays (x5-x20) - hold tight! The THREE percentage gains marked at FIB LEVELS are PROFIT TAKING situations. Once! and only once profit is taken should you be looking for adding position in due course. DO NOT ADD BLINDLY!!!!!
Long
by daveibo1ster
RUNE LONG[SHOT] 📈$RUNE look like it's behaving in a ranging pattern (like most of the crypto market right now) However this pattern i've found on RUNE looks very clean for a long-shot. The FACTS 1. Price action is moving in a 27% range bound since breakdown and restest*** - see fib levels. 2. Price is reaching the very bottom of the 27% price range. 3. Price has respected a very clean yellow trendline from the highs of $3.83 all the way down to current price of $2.8 4. There are two heavy order block resistance points printed at July 21 and Feb 22 - see red box labeled RESISTANCE) Confluence of Indicators Foreword A break on the upside of the yellow trendline would open the line for a long position. I would only shoot for a long once this trendline IS broken with conviction henceforth spying for a RETEST in order to open the LONG. I would be looking for a 20% move to the upside before closing the trade with a relatively tight stop loss in place. 1. A break of conviction above the green dotted line at 2.9 would signal long options. i would like to see price hike over $3-$3.10 and then look to buy long spots at $2.9 2. Red box of Resistance confluences with fib level blue 0.66 and fib level yellow 0.618. - this is one of the golden indicators i use for spotting reversals. - here is where i close the trade. 3. BULLISH DIVERGENCE spotted with dashed yellow lines on OBV AND RSI - powerful indictor of reversal. 4. Price is still respecting the 27% bound range and MAY*** have finished its testing of the lows. Conclusion Potential for a clean 20% upmove with a nice 5R risk to reward (a 4% stop loss) is more than on the cards. Have to see a clean convicted break of yellow trednline!
Long
by daveibo1ster
4
RUNE - Dont let it RUNe off without youCharted on 21st April RUNE aims to be a decentralised cross-chain dex which offers trading of native assets on-chain rather than wrapped tokens or represented tokens controlled and stored in a cex. Rune is needed to bootstrap liquidity in LPs (in an overcollateralized manner), synergistic with Terra due to decentralised nature and UST adoption, and finally burnt to mint THOR.USD (new!). As posted in my own substack, expecting ecosystems with native stablecoins and defi to pick up steam as the current narrative. Very bullish - 30% Rune trading volume up for decentralised preferences, supply shock from the collateralization (LP), synergistic effect of DEX benefitting from increased trading volumes due to THOR.USD and supply drain due to burn-to-mint function would be the main catalyst to send Thorchain up. Am expecting a retest of $12.18 and $12.88 which would be the 0.5 fib and the descending trendline which acts as resistance. We would want to see a break of the descending trendline which would mark the end of a year-long range and expect more upside. A retest of demand after breaking out from the resistance would let us target the previous upside fibs at $14.3, $17.3 and ATH ~$22 Strategy would be to add on 0.382 fibs ($10), on 0.5 fibs ($12.8 retest) post resistance breakout and consolidations above the 0.786 fibs at $17.3 Conservative Bullish - 40% Cautious traders who buy RUN E would aim for better risk:reward especially since it has been hacked before, as well as lack of volume from people who want to derisk from LUNA/ Do Kwon. This scenario would see RUNE ranging in the 0.236 to 0.382 fibs, between 7.3 and 10. I would then expect this to test the descending trendline and be rejected, with $10 as a good re-add zone due to 1) psychological round whole number and 2) 0.382 fib retest. Strategy would be to rinse buying RUNE near $7 and selling at $10, re-adding at $10 upon rejection or breakout of the trendline, with a target of 14.3 and 17.3 as conservative bullish targets. Bearish - 30% Looking at UST or algorithm/ecosystem stablecoins created via collateralization to be fudded, causing the meta to shift away from this narrative, as well as seasonal weakness in May which could also cause massive shorting to hedge. It would still be a great protocol to add and DCA on dips. Would be possibly looking at RUNE retracing from here downwards to old support $6.73 and ranging back towards the 0.382 fib ($10). Any closure below the old support would let us see a sweep of lows and thus the possibility of a $3-4 RUNE. You may choose to DCA at old support 6.73 and prepare to add heavily if $3-4 RUNE DCA opportunity comes, or short at the descending resistance trendline or the 0.382 fib on a range retrace with a target of $3.5 RUNE has been a key component of defi and crypto ethos and it has a resilient community waiting on the success of such a protocol. LPs exist on Thoryield and you may choose to earn by being validators through running THOR nodes too. As it is a volatile coin, I would recommend spot trading for RUNE on exchanges like Bybit rather than touching perps if you are not an experienced trader.
by Zyale