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RUNEUSDT

RUNE - Dont let it RUNe off without youCharted on 21st April RUNE aims to be a decentralised cross-chain dex which offers trading of native assets on-chain rather than wrapped tokens or represented tokens controlled and stored in a cex. Rune is needed to bootstrap liquidity in LPs (in an overcollateralized manner), synergistic with Terra due to decentralised nature and UST adoption, and finally burnt to mint THOR.USD (new!). As posted in my own substack, expecting ecosystems with native stablecoins and defi to pick up steam as the current narrative. Very bullish - 30% Rune trading volume up for decentralised preferences, supply shock from the collateralization (LP), synergistic effect of DEX benefitting from increased trading volumes due to THOR.USD and supply drain due to burn-to-mint function would be the main catalyst to send Thorchain up. Am expecting a retest of $12.18 and $12.88 which would be the 0.5 fib and the descending trendline which acts as resistance. We would want to see a break of the descending trendline which would mark the end of a year-long range and expect more upside. A retest of demand after breaking out from the resistance would let us target the previous upside fibs at $14.3, $17.3 and ATH ~$22 Strategy would be to add on 0.382 fibs ($10), on 0.5 fibs ($12.8 retest) post resistance breakout and consolidations above the 0.786 fibs at $17.3 Conservative Bullish - 40% Cautious traders who buy RUN E would aim for better risk:reward especially since it has been hacked before, as well as lack of volume from people who want to derisk from LUNA/ Do Kwon. This scenario would see RUNE ranging in the 0.236 to 0.382 fibs, between 7.3 and 10. I would then expect this to test the descending trendline and be rejected, with $10 as a good re-add zone due to 1) psychological round whole number and 2) 0.382 fib retest. Strategy would be to rinse buying RUNE near $7 and selling at $10, re-adding at $10 upon rejection or breakout of the trendline, with a target of 14.3 and 17.3 as conservative bullish targets. Bearish - 30% Looking at UST or algorithm/ecosystem stablecoins created via collateralization to be fudded, causing the meta to shift away from this narrative, as well as seasonal weakness in May which could also cause massive shorting to hedge. It would still be a great protocol to add and DCA on dips. Would be possibly looking at RUNE retracing from here downwards to old support $6.73 and ranging back towards the 0.382 fib ($10). Any closure below the old support would let us see a sweep of lows and thus the possibility of a $3-4 RUNE. You may choose to DCA at old support 6.73 and prepare to add heavily if $3-4 RUNE DCA opportunity comes, or short at the descending resistance trendline or the 0.382 fib on a range retrace with a target of $3.5 RUNE has been a key component of defi and crypto ethos and it has a resilient community waiting on the success of such a protocol. LPs exist on Thoryield and you may choose to earn by being validators through running THOR nodes too. As it is a volatile coin, I would recommend spot trading for RUNE on exchanges like Bybit rather than touching perps if you are not an experienced trader.
by Zyale
Why i am buying RUNE/USDTsince 2021 rune has been my best trading pair because it always come with an uncomplicated pattern and i believe this time won't be exemptional. currently we can see RUNE is retuning to retest the ascending channel support after it brokeout from the previous temporal descending channel which i view as the first impulse wave. i am expecting the price to start reversing from +$7 after which the next target could be 18 - 21 however i am concerned about that which seem to be double top as you can see the two arrows of the pick on the chart pointing down, which i know the bears will be looking as they make trading decision more so bitcoin is not yet suitable and as we all know the price action of bitcoin has impact on alts although i am expecting bitcoin to loss its dominance to give alts breathing space to rise, if this happens then we could see another all time high on RUNE. CHEERS TRADE SAFE I would be looking forward to hear your view on the comment section.
Long
by Italkbet
3
THORChain | RUNE short-term bullish outlook confirmed 30% potentRUNE has been on a massive run lately. Most recently, Rune showed a golden cross, which is definition a bullish sign. I could see RUNE dipping a little lower to test the MA200 for support, but by then we should have enough rocket fuel to lead us towards $12. Keep in mind that we are in an area, that has proven to show lots of volume in the past few weeks. Once we break through the big white trend line around $12, I could see RUNE moving towards $18 and then ATH if the overall market conditions are good enough. My targets are in the chart. Let's see how this plays out. Thanks for your support. Have a good one.
Long
by PagaLui
RUNE/USDT did 220% Profit so Massive Profit Guys#RUNE/USDT Profit Update:- $RUNE currently trading at $9.60 and went upto $13.20 As I told this is Very bullish. $RUNE gave 220% from our entry. And still 150% up from our entry level. Congrats for Huge profit 220% Entry:- $4.10 filled ✅ You cam book profit if you are happy. If you want to hold Move Stop Loss at $7 I am expecting $17 in mid term. Targets:- $17/$43 Honestly I sold 70% of positions and now holding only 30% positions. This is Risk Management. Support:- $7$5 Resistance:- $12/$17
Long
by CryptoPatel
RUNE/USDT TRADE SETUP! LOOKS BULLISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this RUNE/USDT TRADE setup. RUNE looks good here. RUNE breaks out from the falling wedge-like structure and a retest is also done. I/m expecting a good pump in RUNE. Buy some now and add more in dips. Entry range:- $8.82-$9.24 Target1:- $10.4 Target2:- $11.8 Targte3:- $13.2 Target4:- $14.4 SL:- $8.36 Use low leverage 2x-4x. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
4