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RUNEUSDT

RUNE AT DOUBLE TOP RSI AND VOLUME DIVERGENCEWe successfully scalped rune selling zone previous day. Sort at 9.5 and Exist at 8.9 and entry at 9.2 exist at 8.8. Now two possibility of Rune in few days. One is metaverse and other is short term price falls up to 6.6-6.8. As you see double top in 4 hours candle. With declining volume and RSI divergence. One can take a short positions on basis of RSI. In my experience RSI will hit 59.9 then price is around 8.9. So open sort at 8.9 and DCA at 9.3. Stop loss 9.8 Target 1 8.6, Target 2 8.1 and target 3 7.6 Target 4 6.8. Ultimately Rune will head towards ATH (Weekly Volume is Increasing and All time High). To do this rune will slowly fall to 6 dollar zone to swap liquidity and create fear. When few peoples are in trade. Then within 2-3 days it will conquer 11 dollar zone. Don't open new long above 8 dollars. BTC will decline which results in RUNE correction or pullback to 6.6-6.1 dollars. Parallel Channel will break as in micro frame like 30 minute price showing bounce but with less volume.
Short
by themdrizwanahmad
RUNE/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Link to previous chart: The chart looks similar to audio chart with a double three corrective wave. Currently we're below the .238 fib levels with a double bottom that played out. A lot of charts are looking similar to these and we're in accumulation zone. Either we resume up for the wave (3) impulse wave or we get another corrective wave. Everything depends on BTC's movement and a triple three corrective wave is still at play (appears more frequently in a bear market). Despite all of the crazy things that has been going on and cryptocurrency is still going strong, I don't think we will see a bear market anytime soon, at least another year up. BTC was at 3k in march 2020 so it's only normal that we pullback a little. 3k to 42k is 14x. 69k to 42k is a healthy 35% pullback. Anyways this is the wrong chart to talk about btc lol happy trading if you're using this chart.
by AyoKu
BUYED THE DIP AT 4 AND NOW ITS 9.3 BUT SOLD AT 8.3Here I want to share some tips that helps in buying the dip. WAIT FOR WEEKLY CLOSE....IF PRICE NOT DROP. LIKE ELEVATOR...OPEN A LONG AT 8-8.3 If you have any ideas of buying the dip please share through comment. 5 REAONS ITS A DIP 1. SUDDEN FALL (Don't Buy, If its not the first one or extremely low...like last time I buyed BNB at 335 and its dip further to 321. But still hold cause its extremely low. Now stop Loss at 376.1 2. If it's in downtrend then must be declining volume. 3. It's exist point of short traders. 4. It's a support reason. 5. long wick in bottom in smaller time frame (5 Min is best). 6. Bous buy the second or third(Sometimes) in smaller time frame. Share Your trading strategy.....taurenidus@gamil.com. I'm curious to learn.....
Long
by themdrizwanahmad
THORChain (RUNE) Sell ZoneTHORChain (RUNE) Sell Zone -------------------- BIAS Mid-Term : Neutral Long-Term : Bullish Risk : High THORChain is showing short-term weakness, and could easily go for one for retest dive down to our mid-term support zone -------------------- $RUNE/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 8.8 - 9.5 TP 1 : 8.31 TP 2 : 7.9 TP 3 : 7.68 TP 4 : 7.36 TP 5 : 7 TP 6 : 6.5 TP 7 : 6.18 TP 8 : 5.835 Stop Loss : 10 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Short
by Zerene
4
RUNE potential profitable LONG above 7.900It's a nice and simple chart for $RUNEUSDT It came as an unexpected drop today for RUNE considering as JASMY and WAVE have been holding and running an uptrend. However, on the upside, as BITCOIN seems to rally up, if RUNE breaks through 7.900 price mark, we will see a continuation to above ~8,100 levels, and higher. It is best to watch the 15m chart with a clear view on the 4h as RUNE has good trading volume currently.
Long
by UnknownUnicorn35305092
$RUNE could be headed to $14, then $75$Rune has been showing huge volume and huge strength lately. On the weekly timeframe we can see an RSI "breakout" of a descending trendline, as well as strong candles in the price action. Upside resistance might show up at $14~ or so which is the downtrend line, then the measured move could take us to around $75. I dont expect to break out of this setup in the first go, some pullbacks are expected. On a fundamental level, RUNE is solving some of the issues with swapping assets cross-chain which is a huge paint point in crypto currently. Their tokenomics is designed so that as the network grows in TvL (total value locked), upwards price pressure is put on the token. Not financial advice, do your own research.
Long
by dagenn99