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Runeshort

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.
Short
by Crypto-Oracle1
RUNE USDT the journey of getting back-in.I would love to see RUNE go back in these FIB levels. (These fib levels are mine do not get confused or do not chat the proper way of using fib. Because I do not give a single damn about what you are about to tell me, unless you will take time to improve it and share to me then I will be willing to learn) As I'm analyzing this chart, I see several signals that hint at why a pullback to the 0.886 or 0.84 Fibonacci level is plausible. First, the Fibonacci tool is crucial in my analysis—it provides a roadmap of where prices might find support or resistance. These particular levels are known to act as a magnet for price after a significant move, indicating a natural retracement. The Heikin Ashi candles, with their smoothed presentation, show a trend losing its momentum, and that's my first clue that a retracement might be on the horizon. Then, I look at the moving averages: the 20, 50, and 200-period MAs. Prices tend to gravitate back to these lines, especially after a prolonged move away from them—it's like an elastic band snapping back. Now, the Stoch RSI Divergence is especially telling. It's been in the overbought territory with 'R' signals flashing. This suggests that the market's energy is waning, and a reset is due—a dip to lower levels where the market has previously found equilibrium. It's a cycle I've seen repeatedly: a burst of activity, overextension, and then a return to a level that the market perceives as more balanced. The Smart Money Concepts indicator aligns with this. It suggests that the institutional money, the 'smart money', may be taking profits or repositioning. These players have significant influence, and their actions can signal a forthcoming change in direction. Combining these signals, I can infer that there's a confluence of factors suggesting a retracement. It's like the market has sprinted up a hill and now needs to catch its breath before deciding on the next move. The 0.886 or 0.84 Fibonacci levels are where I expect the market to find a foothold—if it aligns with the 'smart money' and the Stoch RSI reset, then that's where I'd anticipate a potential rebound or consolidation. It's all about reading the market's language through these indicators, and right now, they're speaking the language of a reset.
Short
by osodatsismoso
3
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$, 13$.....
Long
by TRADER-Dulaj
2
RUNEUSDT Ride The WAVE 📈February 10th - 17th RUNE nosedived . A move that must have shaken paper hands I guess. But this time most coins had tsunami. Eventful week. From thence RUNE picked upwards again. Completed a wiggly move( W ). Then Boom it broke a familiar resistance level to $5 region Here it meets another resistance Potential Support at $4.3 mark. To break $5 cap 🎓, it needs a healthy retrace. It should bounce off here upwards. Then completes its move down Key Level support. From here to a new moon 🚀 with full throttle. I will take my Long entry near Key Level. Below Resistance ( As in Chart ) I expect a long candle wick through to hit. Bears can SHORT it from current price FA : RUNE has a unique future. Hidden in plain sight. Audited code. Birthed by ThorChain Speculatively GoTo tech. if BTC be regulated . Huge potential in terms of Use-Case. Market Cap is over $1 Billion . Wow!!! What more can I say, 🤷‍♀️ DYOR ! Follow 🚶 Like 👍 Share your thoughts !
Long
by CryptonKidd
2