RUNEUSD Major bullish break-out above the 1 year pattern.THORChain (RUNEUSD) broke above the top (Lower Highs trend-line) of the 1 year Falling Wedge pattern (since the August 11 2022). This is a major bullish break-out, considering that the price also broke above not just the 1D MA200 (orange trend-line) but also the 1W MA50 (red trend-line) for the first time since April 26 2022.
As long as the 1.7250 - 1.9750 Resistance Zone holds, we expect a better buy opportunity back on the 0.382 Fibonacci retracement level assuming the 1D MA50 (blue trend-line) supports. The long-term target is 3.15000 (Resistance 3).
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RUNEUSD
RUNE : BACK TO R LEVELRUNE seems interesting for the low time frame, we will check in the coming time if this coin is able to break out to $1.68 and from there a confirmed building trend.
The reason for the update is the important small-time confirmation.
There is a good chance for a breakout in the coming time.
Rune at resistance#Rune will go in 1.25 - 1.40 Range.
If it breaks red descending channel then it will enter in green Ascending channel and will start hitting targets 1.69 - 3.00
If it retest 1.10 range then it's ok but if any daily candle closed below it then risky.
This is just an update/analysis.
This is not a signal.
For complete signals with Entry Stoploss Tp
Contact @srtradersAdmin
RUNE WILL GO TO HELLHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RUNE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✅TS ❕ RUNEUSD: downtrend✅✅ RUNE rebounded from the resistance area.
The chart is moving in a downtrend.
We think that the asset will continue to decline. ✅
🚀 SELL scenario: short to the support area. 🚀
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#RUNE/USDT Technical Analysis (REQUEST 18)
The first 15 charts for the following alts have been posted on my other social platforms:-
Check the links in my bio.
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I will be covering 14 more charts from here.
DM me if you have any requests, and I will try to cover them.
Let's get back to the chart.
RUNE is one of the strongest coins out there.
It's up 60%+ from the bottom.
Currently, hitting the local resistance.
IMHO, Buying the retest around the $1.5 area would be a smart move with a target of HKEX:2 +
Any dip will be a blessing.
For leverage traders, $1.4 to $1.7 is the trading range in the short term.
Let me know what you think and do hit the like button and share your view in the comment section.
Thank you
#PEACE
Long Term Investment on RUNERUNE is currently down for about 91% from its ATH. Meaning, if you buy now and it goes back to its ATH, you may have more than 10x profit.
Even if it doesn't go to its ATH, some possible scenarios:
- Closest support-turned resistance = 92% potential gain
- Closest weekly high = 5x profit potential
More supporting data from indicator to support this thesis =
Broke out 21 EMA
RSI shows bullish divergence
RUNE/USDT AnalysisFor the past few weeks whole market has been green all the way. But recently it is forming up bearish channel/patterns (ETH, BNB, MATIC etc). For RUNE it has formed up clean bearish channel which you could see here. For my analysis, RUNE could face big drop in coming few days! Watch out!
RUNE BTC USDTTHORCHAIN
Strong fundamentals
After multiple blockchain integration , we got savers (earning passive) ~ NATIVE only not wrapped.
Easy swaps natively.
More upcoming = Lending / borrow
Minting and Burning
Kill switch completion Ahead
Technicals :
Bullish Reversal Megaphone + Double bottom + Bullish Divergence + Break of Trendline in Candles + RSI
RUNE Thorchain Long spot trade I think RUNE will make a big move...very soon. And It's gonna run fast when it breaks daily (and weekly trend). If market continue to explode RUNE will be one of the really fast movers. In this spot trade I wouldn't wait for the trendbreak. I think the risk reward ratios is good as it is 1.6. RUNE is lagging compare to many other coins and I think its high probability that RUNE is one of the next coins that makes a big move - non financial advice.
RUNE SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RUNE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RLinda ! RUNEUSD-> Bulls break through resistance. What's next?RUNEUSDT shows the position of the bulls, who are trying to overcome the resistance of the bears. The price breaks through important resistance and moves into the long zone
On the chart we see the formed "descending wedge" pattern, a break of which resistance can activate quite a strong bullish impulse.
Now the price touches the resistance at 1.433 and is in the consolidation phase between 1.433 and 1.282.
I expect the formation of a local ascending triangle to the level of 1.433, breakthrough of which will send the price to 2.09 (medium-term target), and after that - to 3.04.
Regards, R. Linda!
RUNEUSD Is preparing a major bullish moveTHORChain (RUNEUSD) has been trading within a Channel Down pattern since the June 13 2022 (weekly) low inside a longer-term Bearish Megaphone since the May 17 (weekly) High. The 1W LMACD is close to forming a Bullish Cross. If completed, the short-term target will be the 1D MA200 (red trend-line). A break above the 1W MA50 will further be a bullish break-out signal, targeting the top (Lower Highs trend-line) of the Bearish Megaphone.
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