Rune The correction structure is completed and it is expected to have a strong pump in the coming days
RUNEUSDT
$RUNE PUSHING TO $11-$11.6 (1H)Looking at the Strong upward momentum, $11 will be reached and for the weak resistance, the wave can break easily and head $RUNE towards $11.6
$RUNE is crossing $11.Looking and the momentum wave pushing upward toward $11 and above. Weak resistance will be broken with it if $RUNE continues with such Force
THORChain (RUNE)Happy Nowrouz
Happy New Year my dear Persian fellows
and hope yall enjoy crypto Spring as well
Today we gonna talk about one of the good crypto projects
THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process. with THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool ,see automated market maker. The native utility token of the THORChain platform is $RUNE
we just passed 3 Billion Marketcap and 4 Billion is on the way too
what do you think about Rune?
THORChain (RUNE) with bearish divergence - correction healthyTHORChain (RUNE) with bearish divergence on RSI - correction healthy
A correction to volume support at $6.37 would be healthy and not concerning for Bulls.
At least at FIB golden pocket ($12.13-$12.60) a correction might start.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
RUNE (RUNEUSDT) mid to Daily tf Range Updated till 26-3-22RUNE (RUNEUSDT) Mid-tier to Daily timeframe range. if you look at it even with intermediate trader's prospective its a profitable coin. specially a asset thats moves a lot within its respected zones range is a profitable asset. it provided some decent midtier timeframe setups too and it had swing and position traders setups. it was possible by look at its volume it had some quality buyers for now. if retail interest keeps on it maybe it act same.
$RUNE looks ready$RUNE :
* Trailing to previous predictions ., chart exactly played what it suppose to.
Pumped till the yellow dot as predicted .
From now the possible scenarios could be -
IMO :
Scenario 1 :
If today's Close break this major resistance
it might pump to yellow zone.
Scenario 2 :
If today's close fails to break this line
(assuming a long wick is formed showing huge loss of volume).,
We might see a small dip.
Happy trading
RUNE potential targets THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.
I'm showing the possible targets that you can trade them when the price reach them.
A possible SHORT is at $10.00 and $13.15
A possible LONG or Spot Buy at $7.00 and $4.00
RUNEUSDT - SETUPRUNE price has just moved positively after breaking the descending channel and flag, let's see how the price reacts.
RUNEUSDT, buy?Hello, dear Tradingview community. Today I would like to show a view on RUNE. As you can see from the chart we are in uptrend and right now it's correcting. There is a chance that we might see RUNE $13 at 17-23 April. Good luck in trades, buddy.
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.
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.
Time to Look Bearish on RUNERUNE had a spectacular run over the past week. We know a pullback is likely coming sooner than later, and it looks like the time has come. Price has been losing momentum over the last 24hrs and the daily uptrend has just broken bearish. Waiting for a lower low on the 4hr if you are conservative.
Thorchain (RUNE) Update: 420% gain back to the ATH, currently...Thorchain (RUNE) Update: 420% gain back to the ATH, currently RUNE is only 147% gain away from the previous ATH @ $21.90.
RUNE reversal shortPrice made big run up, getting rejected at daily resistance / over extended. Price is now making lower lows as of recent price action indicating a reversal. Price formed head and shoulders pattern on 15 min chart with a 61.8% retracement from high to low. Bearish divergence on 15 min recent bullish action.
Scalp Rune Usdt Sell Zone For Instant Profit.Sort around 9.5-9.3 TP 8.8-8.1 stop loss 9.8.
Rune has rise three fold recently due to recent news of opening ethereum and btc blockchain. Now news is sold out seeing a huge dump to around 8.
Confirmed by declining 4H Volume.
I must say don't sort like a swing. take it as a scalp. A long move is already predicted in my previous analysis.
Clear cup and Holder Pattern on 30 Min Chart PatternRune Break Handle of Newly Cup and Handle Pattern on 30 Minute time frame chart pattern. Here we added new entry.
Close all sort around 9.2
Entry 9-9.3 Target 10 atleasdt.
Stoploss according to rule is below 8.8
RUNE to retracement and backExpetcting RUNE go to retracement level, and yhen with long signal will take positions to new highs
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.....
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.
--------------------
$RUNE$RUNE :
Eyeing for the Yellow dot as it exactly did a Bullish Flag pattern (Shown in dotted)
IMO :
It might dip further down to red zones if it fails to break the Yellow dot (0.375lvl)
or
It might break the Yellow dot level to reach further up around the yellow rectangle zone (*minor resistance at $9.2)
or
It might move side ways (as shown in Red dots after reaching the 0.375Lvl)
Happy trading
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.
