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RUNEUSDT

THORChain (RUNE) Buy ZoneTHORChain (RUNE) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium On 4 hours timeframe, THORChain is currently forming a lower time frame bull-flag above its second to local high support of $3.9 zone. The buying pressure and the bullish momentum is extreme, which will very likely break to the upside any second. -------------------- $RUNE/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 3.8 - 4.1 TP 1 : 4.26 TP 2 : 4.43 TP 3 : 4.67 TP 4 : 4.95 TP 5 : 5.25 TP 6 : 5.52 TP 7 : 5.85 TP 8 : 6.375 Stop Loss : 3.295 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1
RUNE Descending Wedge on Watch - Potential Bullish BreakoutWatching for a potential bullish breakout for RUNE on a clearly defined long-term descending wedge. This is not an easy type of trade to take in my opinion because you need to be present during the breakout and observe the price action. You want to be entering on the break when there is volume coming through. If the price breaks out and quickly gets rejected or trades sideways with little volume, then you just sell out at breakeven or a small loss and consider it a dud. The key is to minimize your risk in an attempt to catch a large swing move because a bounce on the weekly timeframe for RUNE is likely coming sooner than later. If you choose to enter prior to it breaking out I would put the stop at $4.06 which is only a 3.3% loss for a potential 18-20% gain. Understand that probability will likely lean towards getting stopped out in this scenario but the risk to reward is worth it. What we are attempting to do is catch the weekly bounce which could be anywhere between a 20-100% move to the upside.
Long
by CryptoCentsTA
RUNE/USDT 4 HOURS ANALYSIS Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. RUNE/USDT broke out the symmetrical triangle and retested it. Entry: CMP or upside the 21MA Targets: 30%TO 40% Stop Loss: $3.67 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
RUNE/USDT 4 HOURS ANALYSIS Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. RUNE/USDT broke out the symmetrical triangle and retested it. Entry: CMP or upside the 21MA Targets: 50%TO 60% Stop Loss: $3.67 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
RUNEUSDT: RISING WEDGE, BEARISH CONTINUATION ON ALTCOINS?Hello Enthusiast Coin Addict! Here's short-term outlook for RUNEUSDT , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :) *RUNEUSDT is breaking out of the Rising Wedge Pattern *Breakout of Rising Wedge Pattern could indicate a potential bearish movement in the near future *MACD indicator already crossed below the zero level area, that signify the potential stronger bearish momentum may remains ahead. The roadmap will be invalid after exceeding the resistance/target level *DISCLAIMER: This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
Short
by financialfreedomgoals101