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RUNEUSDT

RUNEUSDT: A Major Breakout or a Deeper Correction?Yello, Paradisers! Is RUNE about to explode or will it face a major rejection? Here's what you need to watch closely to avoid any costly mistakes. 💎Currently, RUNE is testing a critical resistance level at $7.7. A confirmed breakout above this zone will signal a bullish continuation, potentially opening the path for a mid-term rally towards our target major resistance area. 💎However, if RUNE faces rejection at $7.7, the price could pull back to the key demand area around $5.6. This level has acted as strong support before, and a successful bounce from here could reignite the bullish momentum. 💎But what happens if RUNE fails to hold at $5.6? Here's where caution is needed. Below the demand zone lies a key support trendline. If a breakdown occurs, this would trigger a bearish signal, increasing the probability of a move towards the next strong support area. 💎Looking back at RUNE's price history, the strong support area has been respected multiple times, making it a significant level to watch. Should RUNE retest this zone, there's potential for a rebound. 💎If RUNE closes a candle below $4.2, this would invalidate the bullish outlook. A breakdown here could lead to deeper losses, so stay cautious if price approaches this zone. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
TradeCityPro | RUNEUSDT The Best Opportunity of the Week👋 Welcome to TradeCityPro Channel! Let’s analyze another cryptocurrency in detail, as the market is relatively calm right now, providing the perfect time to review and align our triggers. 🌍 Market Overview As always, let’s start with Bitcoin. Over the past two days, Bitcoin hasn’t shown any significant movements, mostly ranging due to the weekend—something quite normal. These consolidations were needed for the upcoming moves. For the week ahead, if Bitcoin breaks the 100,400 resistance and its dominance declines, make sure to focus on altcoins for potential positions or purchases. Conversely, if Bitcoin dominance rises, consider trading Bitcoin or coins paired with Bitcoin that are showing bullish trends. 🕒 Weekly Time Frame RUNE is one of the coins that has shown some movement before the broader market moves began. It hasn’t risen from its all-time low but instead from its 2024 bottom, maintaining a bullish trend behind it. You can consider buying after the weekly candle closes above 6.950, as this would indicate a breakout of weekly resistance. The volume is favorable, and the RSI has entered overbought territory. Place a stop-loss at 3.038 to participate in the potential move. After initiating its move and finding support at 3.038, you can draw a Fibonacci retracement. The 0.382 level aligns with this support, and upon breaking the high (currently in progress), the Fibonacci extension levels suggest targets of 11.64, 26.431, and 46.375. Some might wonder why the March 2024 movement wasn’t used for Fibonacci. This is because that movement was overly impulsive and later rejected, with a pullback to the previously established resistance at 6.95. Hence, this range is more appropriate for analysis. 📊 Daily Time Frame RUNE is currently encountering a critical daily resistance. A breakout could lead to a move toward 10.695. For a purchase in this timeframe, you can consider entering after a breakout above 7.32 with a stop-loss around 4.92. This would be a slightly riskier entry. Confirmation could come from an RSI pullback to 70 and a subsequent upward movement. RUNE hasn’t shown much activity recently, but money appears to be flowing into it. Considering the weekly uptrend, it’s worth positioning ahead of a potential move. 🕒 4-Hour Time Frame On the 4-hour chart, RUNE is following a parabolic curve and has reached the 7.352 resistance. After being rejected initially, it didn’t drop significantly, and on the next attempt, volume increased as it approached the high again. This second rejection further validates the resistance. 📈 Long Position Trigger the trigger is clear enter after breaking 7.352. Use a wide stop-loss as this is a daily resistance breakout and may experience fluctuations; missing the move is not an option. 📉 Short Position Trigger I’m still not interested, just as I’ve been in recent days. I prefer either resting or providing analyses for the community so we can collectively reduce stop-loss hits while building a stronger TradingView presence. 💡 BTC Pair Insight RUNE, compared to Bitcoin, is in a favorable position. Unlike many altcoins, it’s not at its absolute bottom but rather near its 2024 low. Confirmation of an upward trend would come from breaking the weekly trendline or surpassing 0.00008139, which would likely initiate a significant pump. This relative strength compared to Bitcoin is a positive point for us. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
44
Last Chance: $RUNE Poised for Parabolic Move Beyond ATHsThis could be the last chance to enter before CRYPTOCAP:RUNE begins its parabolic move, or at least starts expanding, leaving everyone behind. The new weekly trend is about to confirm, and it’s at a pivotal area. If it breaks above $7, this will trigger an even bigger upside. I believe CRYPTOCAP:RUNE is on track to break beyond its all-time highs and could potentially reach the second target near $75. It may seem ambitious, but the chart is signaling a strong move ahead. BINANCE:RUNEUSDT Buying as close as possible to $6.60 for this setup. Previous entries are posted here
Long
by ZelfTrade
RUNE Analysis: Ready for a Historic Surge?✨🚀 RUNE Analysis: Ready for a Historic Surge? 🚀✨ After a deep correction, RUNE is now entering a phase many analysts consider the beginning of its major upward movement. This cryptocurrency, which previously saw an incredible 65x growth from September 2020 to May 2021, is now poised to break new all-time highs. 🔍 Recent History: June 2023: Formed a historical low at $0.77 March 2024: Reached $11 August 2024: Corrected to $2.5 RUNE is now at a key resistance level. If it breaks $7.5, it’s expected to reach the following targets: 🎯 Target 1: $30 (300% profit) 🎯 Target 2: $130 (1600% profit) 🔥 RUNE is ready to explode; don’t miss this opportunity! 💎
Long
by arzdigitalistha
2
RUNE/BTC ThorChain Bullish Exit. Chance to triple your Bitcoin!BINANCE:RUNEBTC is forming a perfect trade setup with a clear defined stop loss and a few targets at +50%, +75% and 3x the current price. I've been watching RUNE for a long time, and I have made two calls in the past year that were both correct in direction but never reached their targets. The first call: On the week of 12 April 2024 when this triangle was broken, I called a target of 3116 Sats. The target was never reached. We ultimately reached a low of 5100 Sats, but we did so in a gradual fashion respecting a descending trendline, which supported the price and acted as a lower line of a falling wedge structure that looks like this: This was my second call with a target of 10,200 Sats. That target wasn't hit either. The same lower line of that orange falling wedge now, in light blue, defines the bottom of a new falling wedge structure which is the main subject of this trade. Price has broken above the falling wedge, then attempted a reversal off the top of it. Four times, the upper line supported price only to be broken the fifth time. A week later, price broke again above the line. I believe this is a perfect setup for a trade with a tight yet reasonable stop loss, and potentially a 3x bullish target. Bear in mind, I'm calling 3x versus Bitcoin. I'm not talking about BINANCE:RUNEUSDT , which may well reach higher gains. The stop loss is represented by the descending support line (dotted light blue) beneath the Falling Wedge's upper side. The Targets are: 50% up to 8400 Sats. 75% up to 10,280 Sats. 200% (3x) up to 18,000 Sats. Whether RUNE's price will reach these targets depends on the strength of the move. In the case where price gets rejected before or at reaching the first target at 8400 Sats, we can judge the momentum to be too weak, and expect a drop back to the falling wedge, this time, reaching the bearish target of my first call at 3116 Sats. If the move is strong enough to reach the second target of 10,280 Sats, I expect a pull back and re-accumulation phase into what I labelled the Launching Platform on the chart. (Should've simply called it a Launchpad XD). This could be a bull pennant or an ascending triangle. That's what will push price to the third and log-scale target of 18k Sats. Follow this chart here .
Long
by TechNerdOmar
📈RUNE can go high to $40 level / Alt Season rally📉BINANCE:RUNEUSDT KRAKEN:RUNEUSD Hello Traders Rune is one of my suggestions for the altcoin market. You can clearly see that volume has increased continuously. ---> Highly potential for the alt rally season. RUNE is the native token of the THORChain network. It represents a multi-purpose universal token that supports all functions on the THORChain network and helps run the protocol. RUNE is used in governance, for staking, bonding for validator Nodes, and trading. The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
Long
by CrazyS
2
2 ALTCOINS in 2 MINUTES | AAVE & RUNE | Great UpsideTwo altcoins in under two minutes - each with a bright future and good-looking upside potential. BINANCE:AAVEUSDT AAVE might e heading back to retest a crucial support zone, in other words - you could get a cheaper entry. A good place to look for potential buy zones, is on the moving averages in the daily. The price is on the right-hand panel, and indicates possible bounce zones: BINANCE:RUNEUSDT RUNE is slightly more advanced in the bullish cycle, forming higher highs after retesting the key support. There is still a major upside potential. Ultimately, the earlier / lower you buy, the better (unless you are a swing trader or scalp trader). Either way , many altcoins will begin to pick up now that BTC is trading sideways. ______________________________
Long
by CryptoCheck-
1
$RUNEUSDT: Ready to Break Out! BINANCE:RUNEUSDT has recently broken out of its downtrend and is now forming a symmetrical triangle, signaling a potential breakout that could lead to a significant upward movement. The fundamentals behind CRYPTOCAP:RUNE are strong, supported by a dedicated community, which adds to its long-term potential. Traders should keep an eye on the breakout from the triangle, as this could ignite a major price surge. As always, remember to set a stop loss to manage risk effectively while taking advantage of this exciting opportunity. BINANCE:RUNEUSDT Currently trading at $5.2 Buy level: Above $5.25 Stop loss: Below $4.38 TP1: $5.7 TP2: $7 TP3: $9 TP4: $11 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Important volume profile section: 5.163 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTC.D 1M chart) I think that in order for the altcoin bull market to start, BTC dominance must fall below 55.01 and be maintained or continue to fall. If BTC dominance rises above 62.47, I think that altcoins are likely to show a sharp decline or plunge. Accordingly, I think that now is not the time to trade altcoins. To trade altcoins, you need to respond quickly and briefly. ---------------------------------------- (RUNEUSDT.P 1M chart) Since a volume profile section has been formed around 5.163, the point to watch is whether it can receive support and rise around 5.163. - (1W chart) In the 4.404-5163 section, the M-Signal of the 1W chart > the M-Signal of the 1M chart, showing signs of transitioning to a regular array. Accordingly, whether there is support around 4.404-5.163 is an important issue. - Based on the current price position, since the HA-High indicator of the 1W chart is formed at the 7.683 point, I think that it is highly likely that a full-fledged uptrend (stepwise uptrend) will begin if the price rises above 7.683 and maintains its level. - (1D chart) The point of interest is whether it can receive support near 5.421 and rise above 6.605. If it falls below the 5.050-5.218 range, you should check for support near 4.404. - Since the StochRSi indicator is located near the 50 point, there is a high possibility of volatility. Therefore, you should check for support and decide when to trade. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Targeting $20: RUNE’s Path to SuccessI had to create another post on RUNE because the last one got super messy with the entries at $3.23. CRYPTOCAP:RUNE I wanted to highlight the strength it will have once it pushes above the moving average and starts printing blue candles. The last time it did that, it pulled a 7x, and this time I’m aiming for $20 as my first target. The weekly chart is also active and could go berserk if it manages to close above the moving average and stay there. I’m adding on dips and holding until BTC peaks around October next year... hopefully! www.tradingview.com
Long
by ZelfTrade
Thorchain "RUNE" long - will start moving soonRUNEs chart looks super strong both in short and long time frames. A daily close above 5.4 can be the starting point of a fairly quick 35% move to the next target which is 7.3. Strong fundamentals will sooner or later be reflected in the price. I think an explosion in price is a possible scenario. We are currently in a market where it may soon be too late to take a position, if you're a rune bull, it's definitely time to be ready to take a position or add. If BTC starts to move rapidly upwards I see RUNE accelerating in price - non financial advice.
Long
by TaTaTaCrypto
#RUNEUSDT Ready for a Major Breakout From the Falling WedgeYello Paradisers! Are you prepared for what could be a game-changing move of the #RUNE? Let's look at the latest analysis of #THORChain: 💎#RUNE is currently showing strong potential for a bullish continuation from a critical support zone at $3.50. We've been closely monitoring #THORChain as it follows a falling wedge pattern, and it now seems poised to break above the descending resistance line. The internal resistance at $5.43 is the next key target for #RUNE. 💎If #RUNEUSDT holds firm at this level, we might be on the brink of a significant bullish rally, reminiscent of previous market moves. A breakout above the crucial resistance at $5.43 could set the stage for a push towards the next resistance zones, potentially taking us even higher. 💎However, it's crucial to exercise caution. If momentum weakens at this critical support, we could see a pullback to the lower support area around $2.53-$2.78. 💎Stay vigilant and keep a close watch on CRYPTOCAP:RUNE 's price action. A daily close below this demand area could invalidate the bullish scenario and open the door to further declines. Stay focused, patient, and disciplined Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2