THORChain (RUNEUSD) decision is nearTHORChain now has to decide either it goes up or down - sideways less possible.
Support by bullish divergence on 4 hourly RSI and possible break-out conformation on OBV.
If the green trendline on price chart breaks... well, its beginning was 20.07.2021 - so important IMO.
*no financial advice
do your own research before investing
RUNEUSD
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.
RUNE ANALYSISHere's a quick look at RUNE 4hr chart . As we can see, the price has been showing a broadening pattern . RUNE gets pullback ,ready to move to take shoot.
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry below 9.23$-6.04$
Target s
1 12.366$
2 14.4$
3 17.447$
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RUNEUSDT - WATCH FOR BREAKOUT OF DOWNTRENDBeen dumping for some days, the momentum seems to be stopping from red about to go green for a potential move up.
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
RUNEUSDT DO NOT 'RUNE' IT FOR ME! As a chart-artist, I tend to see and interpret things a little differently than others would. Here is what I see for RUNE, and I think my vision is clear. As to weather or not it plays out exactly this way, the future will tell. I implore you to do your own research and before making any investment decisions. I have done mine and have entered a paper trade to track the progress of this analysis. BINANCE:RUNEUSDT
$RUNE - going to under $2 ??Here's a look at Thorchain, ticker $Rune
This looks like it an incomplete wave 2, having completed the X leg after getting rejected below the 88.7% fib. The corrective fib (multi color) and the impulsive fib (orange) line up between 1.60 and 1.20. This matches up with an Inside pitchfork, on the 2nd S.dev (standard deviation) line...the pitchfork isn't shown here to keep things a little cleaner.
Time target for the bottom is between beginning of February to mid April. These dates are also where the 2nd S.dev line intersects the two fibs, so we have some technical confluence.
There should be trade opportunities in between for those that want to swing this coin. I've labelled the 3 wave corrective move to come where it coincides with the supply and demand zones as well as the median and 1st S.dev lines of the pitchfork. Roughly the targets are $3.50 and $10, though i cant be sure of the time frames, likely Dec/Jan i think.
If you're a long term crypto bull and want some alt exposure to (as i understand it) a solid project, this would be a great opportunity to load up. I should mention that im not a crypto dev and dont know much about the technical aspects of this token, but i've heard from some crypto devs that its a solid project, unlike a lot of the Doge clones popular with the kids these days. But as always, DYDD as this is not financial advice.
This analysis is invalidated if $Rune crosses $21.60 or falls below $1
RUNEUSDT , We need pullback & rest Hello guys
In here we have a amazing coin and chain of the blockchain , At first i should say to anyone that read and wathc this analysis the ThorChain ( RUNE ) is one of the powerful and Amazing coin in crypto .
We can take result that fundametal is powerful and there is a high target in future.
From the technical view we think we are making a triangle and we need some rest for the price and after that we can continue the trend to the new ATH .
if you followed us in past you can see this tutorial about the movement of the wave , Read this educational idea that can more helpfully for everyone :
Be with us and sleep comfortably
Good Luck
Abtin
⚔ RUNE smashing levels-broadening wedge-- There are still 3 hours left for this daily candle to close, so in case it breaks out of the wedge I will update this idea later. --
After forming a double bottom under 200EMA on daily chart, yesterday the price smashed right through both moving averages and the key level of 9.23 finally reaching the top of the broadening wedge formation where it faced strong rejection.
It would be healthy price action if we saw a pullback to retest the daily dynamic resistance as well as key level (9.23) But keep in mind even though RUNE is now trading above all major resistances it is still inside of a descending formation.
Entry: average buy 9.70 - 8.40 -- or wait for breakout from the formation (buy above 10.5 on a local pullback)
TP1: 10.57
TP2: 12.91
TP3: 16.82
TP4: 21.29 (~130%)
TP5: OPEN++
RUNEUSD - Keep an eye on RUNERune formed an channel. It is also the resistance of a big triangle since May.
Bullish Stochastic RSI.
RSI formed a triangle.
Support at 6,4 USD.
Support 21-EMA-Daily.
Support also 50-MA-WEEKLY.
Keep an eye on Rune in the next days.
Just an idea.