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Runeforecast

$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/USDT 2HOUR UPDATE BY CRYPTOSANDERS !!Hello, community members welcome to the RUNE/USDT chart analysis. I have tried my best to bring the best possible outcome to this chart. As we can see from the above-mentioned chart that RUNE/USDT broke the triangle pattern and retested well. According to the current scenario, it can move up by almost 25% from the green zone which is also a support zone. So, here we can take a long position for some short-term profit gains. Entry:- CMP AND $6.05 Traget:- 25% Stoploss:- $5.795 Remember:-This is not a piece of financial advice. All investment made by me is at 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 language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
is RUNE about to Fall?After checked in 30m, 1h and 2h timeframes, i trace some pivote zones that i considere relevant for this analysis. As we can see in chart, 3rd Elliott's wave already finished but i only focus myself from 5th wave to C Elliott's, also seems in 2h chart that Wyckoff move for complete supply is about to be reached to it creates a triangle which also match with Elliott's and Wyckoff next moves. Regarding indicators i saw high momentum in squeeze indicator (yellow crosses), no MACD, CRSI divergences even that i saw CRSI above 97 which indicates for now that RUNE is overbought and bearish move is around the corner.
Short
by Edwinox92
1
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..
Long
by CryptoSanders9563
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...
Long
by CryptoSanders9563
Thorchain (RUNE) Bottom @ $2.98, 200% gain back to ATH @ $21.09Thorchain (RUNE) Update 19/10/21: Bottom @ $2.98, 200% gain back to ATH @ $21.09. Rune price targets from the current price level: 127.20% at $26.01 (259% Gain) 161.80% at $32.27 (346% Gain) 261.80% at $50.38 (600% Gain) 423.60% at $79.68 (996% Gain) Please see previous analysis below. Happy trading :) Thorchain (RUNE) Bottom @ $2.98 05/10/21: Thorchain (RUNE) Bottom found @ $2.98 on the 20th July, expect 200 MA retest and break above this key level @ $8. We expect RUNE to retest the ATH level over the next few weeks/months. From the 31st March until the crash on May 19th (48 Days), Rune rallied 167% from $7 to $21.27. Rune is on course to recover to previous Highs experienced during March, April, May as the 13 EMA crossover above the 50 SMA signals strong bullish momentum (Swing Call Script Activated). We have been buying the bottom since the crash for Rune between $3-$7 with long targets back to the ATH @ $21.27, 200% Gain from current price level. This will not be a straightforward push back to the ATH but we can expect 2-3 different push phases.
Long
by CryptocurrencyMagnet
RUNE 12h Project Overview and Long-Term Purchase LevelsTHORChain (RUNE) is a decentralized liquidity protocol or, more simply, Defi exchange. Quite a young project since 2019, but the launch of the main network took place in early 2021. The cost of the RUNE token should be based on the price of $0.90-1 , exactly this price was before the launch of the main network. And then the RUNEUSDT trading pair grew rapidly to $21 The May correction in the crypto market also affected the value of RUNE, falling by 80% . A lot, but all cryptocurrencies have gone through this. Another question is that not all crypto projects survived after this. The picture on the RUNEUSDT chart looks pretty positive. During the entire fall, increased volumes were observed, there are investors who are ready to buy at a lower price. Given these facts, it is hard to believe that the RUNEUSD price will drop below $4 in the near future, we more believe in a rebound to $8.5 The planned for Q3 2021 mainnet update (DEX cross-chain / ASGARDEX wallet) also adds a positive impact. However, it is worth keeping in mind an alternative scenario , if the entire crypto market goes significantly lower, then the RUNEUSD price will not hold either. Below $4 per RUNE will open the way for a fall to $1.60. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
31