Get started

RUNEUSD

RUNEUSD (Thorchain) analysis updatePrice has gone up around 15% since yesterdays analysis, however i still see there being further downside on this pair. While this has gone up, ETH and LTC have stayed relatively stagnant, while BTC is currently ranging between 50-55k. As shown on the chart we can see a head and shoulders pattern has formed along with a hanging man at the strong resistance level around $5.80-$6.00. We can also see that price has shot up straight into the TL where we could see a rejection from. I also find usually when price shoots up during the Asian session/early morning GMT time, we usually see a reversal of this movement later on in the day producing a wick on the daily candle. I still see BTC hitting at least 49k which will also bring ALTS down further and adding confluence to this analysis. And finally we are also nearing the end of the monthly candle. If we close around the level we are at now, we should see a wick in the new monthly candle into $4.20 before a continuation of the uptrend.
FTX:RUNEPERPShort
by Kai-FX
RUNEUSDT – Potential 72% gainsBUY: 5.79 – 6.12 TARGETS: 1) 10 STOP: 4h candle close below 4.9 Rationale: -Price is moving upwards in a channel and broken through a key level (in blue). -Price has touched the top of the channel multiple times and is showing strength to break through. -As long as price remains above the key level we are bullish. -Expect a small retracement back to the buy zone before bouncing up. -If bitcoin dumps I would suggest cutting this position early and waiting for the market to stabilize before entering again. Your risk, your reward. This is not financial advice. Happy trading.
Long
by ForgeTrades
THORCHAIN 240 MIN TF.THORCHAIN is leaving an ascending bullish continuation channel in which we see rising highs and rising lows. Within the same bullish channel we see how the price has entered a phase in which it does not look like it is going to look for the lower divergence again. In the daily chart we can see how the price has tested the 6$ zone several times. I think that if the price returns to this area can break with force, which indicates that we could go to look for at least $8.50. For our pattern to occur we will look for a candle in TF: 240 min with decision and closing near the previous high.
Long
by alvarogctmr
RUNEUSDT - Breakout potential on 4 hour chartRune is looking good for a breakout and continue the uptrend. There is a bullish acending triangle with a flat top with the $3.60 line providing support and $4.20 resistance. The 50MA has provided good support for Rune and is forming the acending line in our triangle. Look for the price to meet it and bounce to new highs. The MACD histogram is beginning to flip and we have a bullish cross coming in play. The Fib extension gives us a target of the $5.50+ range. This has been a pretty common pattern recently, so hoping this plays out the same way as I have seen it play in other coins.
Long
by gopher
✳️THORChain/USDT Analysis (23/1) #RUNE $RUNEAfter the strong dump yesterday, RUNE has recovered very strongly with very good buying power. If RUNE closes 1Day candlestick above $2 zone, it will rise to $2.8 zone by the end of January. 📅NEWS 👉Jan 30 : Multichain Testnet 👉Jul 31, 2022 : Planned Obsolescence 📈BUY -Buy: 1.9-2.0$ if A. SL if B -Buy: 1.6-1.7$. SL if B 📉SELL -Sell: 2.8-2.9$. SL if A ♻️BACK-UP -Sell: 1.6-1.7$ if B. SL if A -Buy: 1.2-1.3$. SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
RUNE/BTC (Daily Bear Flag Confirmed?)💎Technical Analysis Summary💎 BINANCE: RUNEBTC -RUNE is now confirming a daily Bear flag coming from 5000s sat -If the daily candle close red, the Bears may have won the game -The downside potential target is around 3000s sat area -So please be cautious and follow your stop loss location A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
6