RUNEUSDT (1D CHART) Falling Wedge PatternRUNEUSDT (1D CHART) Technical Analysis
RUNEUSDT (1D CHART) Currently trading at $4.73
Buy-level: Above $4.90(Buy after Breakout)
Stop loss: Below $2.98
Target 1: $6.63
Target 2: $8.41
Target 3: $10.25
Target 4: $13.65
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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RUNEUSD
RUNEUSDT (30m CHART) Trend Breakout+Ascending TriangleRUNEUSDT (30m CHART) Technical Analysis
Buy-level: Above $6.412
Stop loss: Below $6.148
Target 1: $6.601
Target 2: $6.745
Target 3: $7.112
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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RUNE/USDT has a Great bullish potential.Hi every one
RUNE/USDT
RUNE/USDT has been in a falling wedge pattern but the price has managed to break out of this pattern. so now that the break out has happened the price has a chance to reach the top of the wedge once again but there are Hidden bullish Divergences on Both MACD and RSI Indicators so this means there must be a pullback to the wedge pattern before continuing the bullish trend.
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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.
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Thorchain (RUNE) • Is this rune powerful enough to buy?In this video I go through some level mapping using trendlines and take observations on volumes and momentum.
Can this go up? Yes
Is it a good time to buy? Check the video for full reasoning.
RUNE - 100X Altcoin GemRune is another 100x altcoin gem. Highly correlated to the price movement in Bitcoin. It went from $0.3 at the start of the bull run up to $21 at the previous ATH putting in an almost 100x increase. This means the investment increased the amount of bitcoin's available on the RUNEBTC pair. The bull run is not over and when going into the second half it might be worth investing in these altcoin gems to get better retrun on your initial investment. Great tech and technical co-founders as well looking to big things in the space.
RuneUSDT Bullish or Bearish time comes?Rising wedge of Rune showing for us possible of lower but in this market we see a lot of breaking of rising wedge BUT this time is different we have very low BTC.D where we need bounce and make some rejections.
1. Hopefully bids is possible also if we get BTC lower if we didnt hold.
2. BTC.D bounce possiblity
3. Rising Wedge
4. Crossing EMAS what's not good sign.
RUNE / THORChain in bullflag
RUNE has been chopping for almost two weeks now. It's almost time for an ATH.
Since the crypto market is in shambles, RUNE may test a lower low (10.5 - 9.7). It may also just go direct to the higher levels.
Expect chop and set levels accordingly. This is not financial advice.
Resolution time: 7 days or less
Target: 14+
RUNEBUSD - Zone of SupportA confluence of Western Technical indicators identify a zone of support suitable for placing buy orders.
Entry: 5.80
SL: 4.88
T1: 8.35
T2: 9.90
T3: 12.00
RR: 2.76, 4.43, 6.70
3M: Pivots PP
1D: Bollinger Band Lower
1D: Fibonacci 61.80% retracement, EMA 144
1D: Ichimoku Senkou A
RUNEUSDT RUNEUSDT (1H Chart) Technical Analysis Update
Channel Breakout
RUNE/USDT currently trading at $11.32
Buy-level: $11.00 - $11.30
Stop loss: Below $10.33
Target 1: $11.90
Target 2: $12.70
Target 3: $14.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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RUNE / Thorchain in a clean bullish wedgeEver since the 80%+ run up, RUNE has been in a consolidating wedge. I expect resolution time to before April 8th, risk/reward points to bullish.
Target: 10.5 -> 11.8 --> 12.5
Resistance: 9.2 - 8.8 - if broken, wedge is invalidated.
Event risk is always one of the most profitable but also riskiest market opportunities. In this case, due to the extensive testing done by Thor devs, I lean bullish.
This is not financial advice.