RUNEUSDTThis is a 1D frame analysis for RUNEUSDT Analysis of the crypto market: After breaking the resistance line which is currently playing the role of a support line, the price has been able to experience a good rise and slightly move above the resistance line, however it was unable to sustain above it and take a corrective price action. Currently, if the price is unable to hold above the support line and fully consolidate below it, we can expect a pullback to the second support line. But if it is able to hold above the support line after the collision and show signs of market reversal, we can be with the price at the resistance line. Suggestion: If friends who have still bought this currency and are in loss, wait for the price to consolidate above the first support line and buy again on the support zone and take profit on the resistance zone so that they can reduce their loss or exit the trade with profit.
RUNEUSDT
Runeusdt Short IdeaRune very close to resistance zone. there are some reasons for short position;
1)funding rate turned negative
2)daily rsi pumped so hard, must fall
3)%73 slong/short ratio in binance
4)aggregated cvd spot increasing rate is slowing in 1 hour chart.
5)very far away from 25, 50 and 100 EMA.
using low leverage i believe that we can get good profit
entry : 1.69
stop: 1.85
tp: 1.46 - 1.30 - 1.18
RUNE gonna rune?Most crypto asset are all going to test the May 2022 level before getting rejected. Some get there, so do not and get there and pass it but still get rejected over time. Rune started similar race toward same level and it is still holding, but will that continue till the top of 2021, I doubt it, but if it does, its goo for entry 3. For now i expect the direction as shown on the chart using the CSTP indicator to analyze the market volume sentiment conditions.
#tradesmartly
RUNE WHAT NEXT?!!👀 ThorChain Today Analysis💎Rune is gearing up for an intriguing move. It's currently following a descending channel as resistance and is likely preparing for an upward shift.
💎 Previously, we noticed that demand turned into supply, resulting in a significant price drop. Currently, we have an order block in the 4-hour timeframe, and it's likely that the price will reach this level and initiate a bullish move.
💎 An interesting observation is the price rejection after grabbing liquidity at the OB. However, caution is advised as there's another OB below that the price might mitigate before initiating a bullish move.
💎 If a daily candle closes as a rejection with substantial volume at the OB, it could signal a good trading opportunity.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Retracement on THORChain after its strong bullish move?After a very impressive performance of +120% in 12 days, RUNE is now showing some signs of weakness, with sell signals on the Strength Reversion (BSR), while the Rainbow Score (BRS) is approaching the red zone. We could possibly look for an entry-level buy around the $1.15 level, before continuing the upward trend.
RUNE/USDT - THORChain: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the CRYPTOCAP:RUNE / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 1.701 | 1.814 | 2.079, and the major support zones can be found at 1.436 | 1.284 | 1.019. Consider entering at the current price zone of 1.59 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: 1.59 ₮
▣ 24HVol: 6,243,173.236 ₮
▣ 24H Chng: 2.647%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 1.701 | 1.814 | 2.079
◢ Support: 1.436 | 1.284 | 1.019
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ 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
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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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
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
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 👑
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