RUNE/USDT - THORChain: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $RUNE / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 1.519 | 1.604 | 1.802, and the major support zones can be found at 1.321 | 1.208 | 1.01. Consider entering a trade at the current price zone of 1.652 and targeting higher levels.
◰◲ General info :
▣ Name: THORChain
▣ Rank: N/A
▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Poloniex, Mexc
▣ Category/Sector: N/A
▣ Overview: THORChain project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 1.652 ₮
▣ 24HVol: 14,598,026.973 ₮
▣ 24H Chng: 5.492%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 1.519 | 1.604 | 1.802
◢ Support: 1.321 | 1.208 | 1.01
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.70 - Bullish
▣ Reddit sentiment score is 0.76 - V. Bullish
▣ In-depth RUNEUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
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RUNEUSDT
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/usdt recent update "RuneUSDT on Higher Time Frame:
As we said in our earlier analysis, Rune dropped by 10-15%, but it didn't reach our main target
For now I anticipate a correction of around 30-40% in Rune's price in the next few days. Overall, I am bullish
Remember, this is just an idea. Research before making decisions.
Best of luck! If you're happy with our content, please consider supporting us. Happy trading!"
Falling Wedge | Reversal soonWeekly Chart
BINANCE:RUNEUSDT has downed over 96% from ATH and RUNE's in the Falling Wedge. That means it can be reversed soon
Daily Chart
BINANCE:RUNEUSDT is trading at 0.92x and going down to the support (Fair Value Gap) around 0.87
We can BUY if RUNE reject that level
Wait for next move
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/Usdt Update Rune/usdt
In our previous discussions, we talked about a Rising Wedge / Bearish channel, but Rune doesn't seem to be following any bearish patterns
Right now, I think the price might go down by around 20-30% after it reaches the 1.40-42 level. Let's wait and see.
Remember, this is just an idea. Before making any decisions, do your own research.
Best of luck! 👑
If you're happy with our insights, please consider supporting us.
Wishing you successful trading!
RUNE. Governance token for the descending channel.The price did not touch the upper border of the channel for almost 500 days. Assets with a capitalization like RUNE classically behave characteristically to patterns. We are testing the middle of the channel for the fourth time and imo it will be broken, besides, at the moment there is a positive info background on Twitter around RUNE and its bridge/swap. RSI also allows the upward movement to continue.
So, it is logical to expect 113% gain if your glass is half full... Or after testing the middle of the channel, the fall will continue if your glass is half empty.
Rune/Usdt Update Runeusdt
On the daily time-frame :
1. There's a bearish pennant, which suggests the price might go down.
2. If we notice 1 or 2 red candles at this resistance point, it could create a double top pattern, indicating more potential for a drop.
3. Rising Wedge Pattern Also Bearisg
Overall, we might see the Rune price go down atleast 15-30% if it gets rejected. Remember, we should wait for confirmation of the rejection.
Best of luck!
Note : This is just an idea, do your own research before taking any decision
Happy trading 👑
If you are satisfied with our work kindly make sure to support us.
Will RUNE/USDT hit $21 Mean 40x From Here in Next BullRun?Analyzing the Bull Run Potential of RUNE/USDT: A Promising Investment Opportunity
The Previous Bull Run:
The last bull market for RUNE/USDT showcased an extraordinary performance for holders. Starting from September 21, 2020, with a price of around $0.322, the pair skyrocketed to $21.28 by May 17, 2021. This impressive rally resulted in a staggering 6626% increase within just 238 days, demonstrating the tremendous potential of the asset.
The Subsequent Bear Market:
Following the all-time high of $21.28, a bear market ensued. Over a span of 756 days, the price of RUNE/USDT plummeted by approximately 96%, reaching a low of $0.777 on June 12, 2023. This significant decline from the ATH presents an attractive opportunity for accumulation, with the expectation of future upward movement.
Accumulation Strategy:
Considering the current price level of $1.028, it is an opportune time to start accumulating. While a potential further 30-50% downward move is possible, attempting to predict the market with 100% accuracy is challenging. Therefore, gradual accumulation is recommended.
Entry Zones:
To capitalize on the anticipated price movement, two entry zones are proposed:
First Lot Entry: $1-$0.90
Second Lot Entry: $0.6-$0.5
Timing and Targets:
The expected price decline may occur towards the end of 2023, making the late 2023 and early 2024 period ideal for entering the market. With historical evidence of significant bull runs, the targets for the next uptrend are projected to be impressive.
TP1: $5/$10/$15/$20
This suggests a potential 40x increase from the bottom if Lot 2 entry zone is reached.
Key Levels:
Bullish Breakout Level: $1.40
Breaking this resistance level could trigger a skyrocketing price movement for RUNE/USDT.
Support Levels: $0.8/$0.5
Resistance Levels: $1.40/$3.50/$11
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Conduct thorough research and consult with a financial professional before investing in any cryptocurrency.
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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
Now make 10% profit on RUNEUSDThi every one
complete pullback to the trendline with 10% profit Potential
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisio
Rune Thorchain RUNEUSDTPrice is at 2.5 yr old support level.
Projected targets are up there.
I will further breakdown this trade in trade update section
dont miss those moves.
GL
RUNEUSDT LONGNot a financial advisor.
Trend change confirms for the last bearish trend on 4 hours chart, We are waiting for a simple/little retreat before the momentum comes in.
The first entry for the first green box (earlier entry).
The second entry is for the second box and if you are the kind that likes to hold your breath underwater, then the green line entry (late entry) is for you.
Target is 3 dollars.
Expected results: Min of1:22
We will be looking out for any red flags after entry cause this was not called on multiple/necessary confluences, it is more like chasing trade, you know.
Minimize your loss and follow proper risk management, this is not financial advice.
RUNEusdt may be donerune/usdt. RUNEUSDT has recently exhibited a Descending Broadening Wedge pattern on the weekly chart, with wave ABC already complete and the coin preparing for Wave D. Price is forming a leading diagonal immediately after wave C, suggesting that the bullish trend may continue to form Wave D.
The expected target of Wave D is 50%-61.8% of Wave BC, indicating a potential price range of around $5.357-$6.986. We should keep an eye on this range as it may signal a potential trend reversal or continuation if price manage to break the zone.
Furthermore, the wave E is expected to form our Ultimate Buy zone, making it a critical level for us to watch. The Ultimate Buy zone is the point where the price of the asset is expected to reverse back up from the downtrend and start moving up again.
As with all technical analysis patterns, we should consider all factors before entering a position, including other technical indicators, fundamental factors, and market sentiment. While the Descending Broadening Wedge pattern suggests a bullish trend, there are always risks and uncertainties involved in trading.
Trade wisely and stay safe. Do not forget to appreciate my effort with your likes.
tankyou
please like
I love rune