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.
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RUNEUSDT
RUNE ANALYSIS🔮 #RUNE Analysis
🌟🚀 As we sail earlier, #RUNE performed the same. Currently #RUNE is trading above its major support zone and we could see a retest before our next target
🔖 Current Price: $5.575
⏳ Target Price: $7.232
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RUNE #Cryptocurrency #DYOR
RUNEUSDTRUNEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
$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
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(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.
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(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.
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(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.
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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.
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(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.
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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.
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Have a good time.
Thank you.
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- 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
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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
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.
RUNEUSDT Forms Bullish Triangle PatternRUNEUSDT Technical analysis update
RUNE has been trading inside the triangle for the last 30 days and is now moving toward the breakout on the 4-hour chart. If the breakout occurs, we can expect a significant bullish move. The price is trading above the 100 and 200 EMA on the daily chart, which act as support for the current triangle.
#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🌴
RUNE Analysis - What Shall we Expect !!!BINANCE:RUNEUSDT
RUNE continues to consolidate within a bullish symmetrical triangle pattern.
The ongoing consolidation maintains a bullish outlook for RUNE in the near term👀
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Rune: Rolling or Rune dIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bullish Scenario:
Price Holds Above $4.945: If the price holds above this interim high and continues to follow the Elliott Wave structure, it may head toward the next Fibonacci extension target of $6.50 and beyond.
Bearish Scenario:
Price Breaks Below $4.945: If the price drops below the $4.945 support level, it would indicate a deeper correction or possible invalidation of the current bullish count.
Invalidation Below $4.565: If the price falls below $4.565, the current bullish wave count would be invalid.
In conclusion:
Bullish if price holds above $4.945, targeting $6.50 and higher.
Bearish if price drops below $4.565, indicating further downside potential.
Trade Safe.
Trade Clarity.
#RUNE/USDT#RUNE
The price is moving in an ascending channel on the 1-day frame and is sticking to it very well
We have a bounce from a major support area in green at 2.80
We have a downtrend RSI that has been broken upwards which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 4.00
First target 5.20
Second target 6.28
Third target 7.75
RUNE: Poised for an Imminent SurgeI’m waiting for this setup as it still shows strength. CRYPTOCAP:RUNE
There are two demand zones at the bottom, with a breaker and an S/R flip in play.
I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction.
My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
Eyes on $4.50 BreakoutRUNE is currently trading at $4.12, showing bullish momentum on both the 1-hour and 4-hour charts. Recent developments in the DeFi space and strategic partnerships, like with Kujira, are enhancing liquidity and platform growth, which could drive further price action.
Indicator Breakdown:
Volume (4H): 1.555M - Significant increase, indicating heightened interest and activity in RUNE.
Parabolic SAR: $3.80 on the 4H, signaling strong bullish support just below the current price.
SMA (4H): $3.96 - Price is above the SMA, reinforcing the bullish trend.
Bollinger Bands:
1H Upper: $4.16 – Price is testing the upper band, signaling overbought conditions in the short term.
4H Upper: $4.16 – Consistency across timeframes suggests further upside potential if the upper limit is breached.
Stochastic (4H) : %K at 83.67, %D at 64.88 – Shows momentum in the overbought zone, indicating a possible short-term pullback before continuing upwards.
RSI (4H): 59.02 - Nearing overbought, but with room for growth, supporting the case for continued price increase.
MACD (4H):
Histogram: 0.003 - Positive momentum but mild; MACD line above signal line suggests growing bullish momentum.
ADX (4H): 14.27 - Low trend strength, suggesting a cautious approach, but rising volume could trigger stronger directional moves.
Short-Term Prediction:
RUNE is on the verge of breaking $4.16, which, if sustained with rising volume, could see it pushing towards the $4.50 resistance level. Watch for a breakout here—this level has historically acted as a cap for short-term rallies. However, if RUNE faces rejection at $4.16, expect a pullback towards $4.00 or even $3.80, which are strong support levels.
Call to Action:
We could engage now!
With RUNE approaching key resistance levels and trading at $4.12, this could be a pivotal time for traders and investors. Watch closely for a breakout at $4.16 or a potential retest of $4.00 for a better entry point.
RUNE/USDT: LOOKS READY FOR A 100% PUMP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
RUNE looks good here. Breaking out from the falling wedge pattern in a 12-hour time frame and currently retesting the wedge. Buy some here at this retest level and add more in the dip.
Targets:- $4.96/$7.22/$8.88
SL:- $3.18
What are your thoughts on RUNE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Will RUNEUSDT Breakout Lead to a Massive Surge?
Yello Paradisers! Could this be the moment #RUNEUSDT finally breaks out for good? Let’s dive into the recent action and find out if this is the move we’ve been waiting for!
💎#RUNEUSDT has been showing strong fundamentals, and recently, it has broken out of a descending resistance trendline on the major timeframe. After the breakout, the pair successfully retested the trendline, now acting as a support level—a bullish signal for potential upward movement.
💎The pair is sitting just above a solid support area, which increases the chances of a move to the upside. The current trendline, once a resistance, has now flipped to support.
💎The pair will face resistance at $4.388, a minor zone to keep an eye on. Should market sentiment turn bullish, further resistance is expected at $5.30, followed by a stronger barrier around $7.00.
💎If the bullish momentum holds, RUNEUSDT could first target $3.494, as this trendline support provides a solid base. After overcoming the $4.388 resistance, the path to higher levels opens up, possibly reaching $7.00 if the market continues to show strength.
💎However, the bullish outlook will be invalidated if RUNEUSDT sees a daily candle close below the key support level at $3.197. In this case, further downside could be expected.
So, what’s your move? Will RUNEUSDT make a run for it, or will support break down? Stay focused, Paradisers. The next few days will be crucial!
Stay sharp, Paradisers! The next few moves could offer some excellent trading opportunities, but always remember to manage your risks. Discipline and patience are key to navigating this market successfully. Let’s keep pushing forward and make the most out of these setups!
MyCryptoParadise
iFeel the success🌴
BEST Altcoins You can BUY NOWMany altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP:
1) POPCAT COINEX:POPCATUSDT
Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price doesn't drop as low.
2) SUI BYBIT:SUIUSDT
Looking good after a strong V-shaped recover and making higher lows, which is a bullish sign. I'd say first major resistance is 90c - if we can close candles ABOVE and towards 96c, I'd say more increase is very likely.
Just keep an eye on BTC. Wouldn't want to see a fake-out above 90c just to get another drop. So a conservative approach is closes above 96c zone.
3) LINK BINANCE:LINKUSDT
Chainlink is an old-timer, and a safe bet for the next bullish impulse wave.
4) RUNE BINANCE:RUNEUSDT
Another top-pick for 2024. I' be happy to buy anywhere between these two zones:
5) RNDR BINANCE:RENDERUSDT
I'd like to hope we'll see a lower entry on Render, but if the price keeps closing above the upper white trendline it's unlikely we'll drop to the lower buy zones
6) DOGE BINANCE:DOGEUSDT
An altcoin compilation wouldn't be an alt compilation without Doge! Happy to buy between these two zones:
7) FTM BINANCE:FTMUSDT
My ideal buy zone would be the middle area, I doubt we'll see the lower zones soon
8) NEAR BINANCE:NEARUSDT
I'd be happy to buy anywhere between these two zones:
There are MANY more, but for the sake of time and space... let's get started with these!
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RUNE Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
RUNE is one of the oldest Layer 1 projects with solid utility. The price recently faced rejection at the 50 EMA resistance and is now leaning toward the $3 support level.
This support is crucial for RUNE because a breakdown, followed by a weekly close below it, could push the price down to $1.2. For a bullish scenario, RUNE needs to rebound from the $3 support and break above the 50 EMA to test the resistance trendline around $7.4.
The RSI is nearing the oversold zone, suggesting there is still some room for the price to drop further.
Key Levels:
- Crucial Support/Accumulation: $3.
- Lower Support/Strong Buy: $1.2.
- Primary Resistance: 50 EMA & $7.4.
- Long-Term Target: $21.28.
DYOR, NFA.
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Is RUNEUSDT Ready to Break Out? Here's What You Need to Know!Yello Paradisers! Have you noticed how #RUNEUSDT has been making waves lately? If you’ve been following this pair, you might have seen it in a descending resistance pattern with multiple taps—almost like it’s been teasing a breakout. But here’s where things get interesting, RUNEUSDT has been forming higher highs on the higher timeframes, a strong bullish signal that you don’t want to miss.
💎#RUNEUSDT , recently , retrace back to a previous bullish order block. This level held strong, and the price bounced back up, respecting that support beautifully. This kind of price action usually indicates that the bulls are in control, and it’s no surprise that we’re seeing a Change of Character (ChoCh) confirming a probable move to the upside.
💎If the bullish momentum continues, the first area to watch is the resistance level at $4.248. However, if the price doesn’t break this resistance, we might see a pullback to the bullish order block around $3.872. Should the pair find support there, the next resistance levels to watch would be $4.355 and a strong resistance at $4.536.
💎But remember, this bullish outlook hinges on one critical level: the $3.748 mark. If we see a 4-hour candle close below this level, our bullish thesis will be invalidated, and we might need to reassess the situation.
Stay sharp, Paradisers! This could be a crucial move in the making, so make sure to manage your risk and trade smart.
Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
RUNEUSDT Poised for a Major Breakout: Are You Ready?Yello, Paradisers! Are you prepared for what could be one of the most significant moves for #RUNEUSDT?
💎#RUNE is approaching a critical trendline breakout level, signaling a potential seismic shift in its market trajectory. The current setup is teetering on the edge of a bullish flag formation—a pattern that could propel RUNE into a powerful upward rally.
💎If RUNE can maintain strength above the 4.30 level, it will enter a strong bullish domain, targeting higher levels. Initially, price could see RUNE aiming for the 4.80 mark. Should the momentum continue, RUNE will challenge the strong resistance zone between 5.15 and 5.40—This is where significant profit-taking could occur. But if the bulls keep pushing, RUNE could surprise us all with an extended rally towards the 7.40 to 7.80 levels.
💎On the downside, RUNE has solid support around the 3.750 level, with an additional bullish order block region between 3.10 and 2.80 that initiated the recent pullback. If these supports hold, RUNE could be gearing up for an impressive move upward in the coming days.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
iFeel the success🌴