RUNEUSDT
RUNE in for a leg downI don't follow much RUNE, to be honest I haven't checked many altcoins lately because of this uncertain market influenced by the war, however I've been asked to check RUNE so here we are.
Over the last 13 days RUNE had a gread pump (that explain why it kept popping on my social's feed) but as you can see it has currently bounced on the EMA 200 and has currently retraced a bit, in a zone where as you can see, in the past there was a good amount of trades (check VLPR on the left). Also, there's a noticeable DIV on OBV, it could either be an hidden bullish or a bearish DIV, I'm more inclined to think it's the latter.
On the 4h (I'll add a screenshot in the comments) price has reached a zone with poor liquidity and that's why it wasn't able to breach over EMA 200. Always at this timeframe there's a possible Elliot Wave harmonic pattern in formation with wave 3 ended, which could increase the possibility of a retracement (wave 4).
Right now I would look for a good entry point for a short or, in case I have some, I'd sell mine at profit. If I'm wrong at least you locked your profit.
Good luck
RUNE double bottom #RUNE/USDT
$RUNE shaped double bottom pattern and head up to descending resistance that is around 0.382 fib level of swing down.
🐮 if price break out from descending resistance, it will increase to 2 fib level to complete the double bottom pattern.
🐻 rejection from descending resistance can drop price to support zone around $6.
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price moved up nicely after hitting the support zone and is now at the resistance zone. If it is rejected from here, it will move down to the support areas and if it is broken, it will move up to the next resistance zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Trading Signal For RUNEUSDT Trading Setup:
There is a Trading Signal to Sell in RUNEUSDT THORChain (Futures)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 8.21
⭕️SL @ 9.06
🔵TP1 @ 6.98
🔵TP2 @ 5.94
🔵TP3 @ 4.60
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
RUNE/USDT 65% profit within a week#RUNE/USDT Profit Update:-
$RUNE currently trading at $6.40 and went upto $6.75
As I mentioned in Last post that was Retest zone.
And strong bounced from Retest level.
Now 65% up from our entry.
Congrats for Huge profit 65%
Entry:- $4.10 filled ✅
You cam book profit if you are happy.
And You cam placed stop loss at entry level $4
I am expecting $17 in mid term.
Exit below $3 ( Only for Long term HODLer )
Targets:- $17/$43
Support:- $4/$3
Resistance:- $8/$12/$17
THORChain (RUNE) with confirmed breakoutTHORChain (RUNE) with confirmed breakout of price resistance trendline by daily close above $6.05.
Will this happen today?
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/USDT 50-100% Potential RUNE Double bottom on monthly chart, first try break make rejection on resistance and back to retest on EMA20 . and Now second try to breakout resistance with Big buy volume , expecting break out and back to bullish again
growth big volume on resistance . weekly stochastic & MACD showing oversold at the time bullish crossover
Confirmation indicator all of positive , this good setup for entry
Target mentioned on the chart. Green line long term target
RUNEUSDT 1D TA : Resistance ZoneAccording to the chart, after breaking the downward trend line and completing the pullback, it has reached the resistance range. In case of failure of this range, we have the possibility of increasing the price. In case of failure, resistance range is recommended for purchase.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohmad Teriz - @AtonicShark
$RUNE +42% setupWe can see positive clusters on 1 hour and 4 hours timeframe, but negative delta on daily timeframe. In general $RUNE in downtrend, but look at the graph. We can see strong support zone (green), where was last summer low. It's accumulation zone with active buyer. At this moment active was in the accumulation zone for 47 days. Resistant zone starts from $6. First breaking attempt was unsuccessful.
Now we in the second breaking attempt with bull RSI and price above 50MA and 100MA.
This is good position for LONG with SL under $4 (local low).
In case of new high (above $6), we can go as high as $8.33 and it's 42% from current price.
R/R 1.4 isn't so cool, but OK.
is RUNE about to Fall?After checked in 30m, 1h and 2h timeframes, i trace some pivote zones that i considere relevant for this analysis.
As we can see in chart, 3rd Elliott's wave already finished but i only focus myself from 5th wave to C Elliott's, also seems in 2h chart that Wyckoff move for complete supply is about to be reached to it creates a triangle which also match with Elliott's and Wyckoff next moves.
Regarding indicators i saw high momentum in squeeze indicator (yellow crosses), no MACD, CRSI divergences even that i saw CRSI above 97 which indicates for now that RUNE is overbought and bearish move is around the corner.
RUNE/USDT Is potential to 10x from here#RUNE/USDT TA Update:-
$RUNE currently trading at $4.20
As per chart this is bullish in mid term.
Parallel Channel resistance already broke out.
And now rested at support level.
I am trying to accumulate at dip.
Long term I am expecting $17 and $43
Strong support is $3.10
If hold this support then it will give huge returns.
Its can give 10x returns in mid term.
Entry:- $3.10-$4.10
Targets:- $17/$43
Stop Loss:- if HTF candle close below $3