RUNEHello everyone...
Potential and good currency with an attractive foundation
In the weekly time frame, the candlestick has created a cover
I do not think now is the time to buy
We should let this currency test the $ 6.2 price again
Because it grew very fast and did not allow people to trade ...
Do the shopping step by step. This currency is not something that will disappoint you in the long run ...
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If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...
RUNEUSDT
THORChain (RUNE) Buy ZoneTHORChain (RUNE) Buy Zone
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BIAS
Mid-Term : Bullish
RISK : Medium
On its 4 hours time frames, The THORChain graph formed a bullish patterns. We expect will touch it's low once again before moving up.
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$RUNE/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 5.98 - 6.47
TP 1 : 6.625
TP 2 : 6.76
TP 3 : 6.91
TP 4 : 7.16
TP 5 : 7.64
TP 6 : 8.37
TP 7 : 9.29
TP 8 : 10.15+
Stop Loss : 5.452
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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THORChain (RUNE) is a clear "WAIT" at the momentTHORChain (RUNE) is a clear "WAIT" at the moment...
... volume resistance has to be broken
... more volume for breakout needed
... breakout on OBV needed
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
RUNE looking amazing relative to bitcoinThis chart represents RUNE/BTC (thorchain dominance over bitcoin)a nd has been in this channel for quite a long time. Every time we touch support we have a massive run to the upside, and every time we touch resistance, we tank. You can see the RSI being a useful indicator here as it signaled the bottom for the previous two, recent major pumps. Current levels are around the same and we are just touching support on the channel.
You guys think we will continue the trend and run upwards and potentially even breaking out of it as there is mainnet news this month? Or will we break down.
Rune usdt long scenario.I feel bullish on rune, as we saw recent rally above 17$ even after its Hack attack on Thor Chain, fell from 22$ to 3$. Back up to 17$ showed growth potential as well as Community power and An outstanding dev team.
1) broke the recent trend line and need to close above 7.780 on daily time frame in order get back the bullish momentum. (OTHERWISE THIS SCENARIO FAILS)
2) major resistance 10.250 if that breaks we are back on the track to 17+ for sure.
3) Good news from the TC Devs Regarding Mainnet launch from Chaosnet, And they are working 24/7 to make the code flawless during Chaosnet so some system Halts were Expected and they want TC to be On point when Mainnet Launches. That caused a delay on current expectation of launch in the end of December (WHICH IS NOW EXPECTED TO BE END OF JANUARY OR Q1 OF 2022).
From these scenarios I speculate that Rune will be above 17$ for sure.
Rune Road to 25$ & Beyond Welcome to AHJ Chart Analysis
Today we are looking RUNE on weekly timeframe last week we saw a 30% dump in RUNE but it held the previous low quite beautifully & also retested downwards trendline which is quite bullish
For those who want to trade this.
Entry: 7.7 (40%)
DCA: 6.9 (40%) , 6.3 (20%)
SL 5.7
TP: 15 (15%) , 21 (25%) , 30 (35%) , 50 (15%) , 70 (10%)
This is not financial advice. Always manage Risks
Rune back to $9!I do like Rune at the moment, it seems to be lagging compared to other coins but I still see that it’s got an inefficiency to fill at 9.24.
I think we do fill this soon, I have bought some on spot with the intention of offloading the majority once we hit that level.
Still a potential 26% gain to be had here! Invalidation would be closing the daily under 7.26-7.28. In which case I’d be looking to buy back at a lower level.
RUNE TA - possible Bullish Scenario 4hI am longing at this level with a tight Stop loss. This trade is a risky one. Be aware of a fast wick down movement.
The main reasons for longing it:
* 4x bounces from the 0.618 fib level
* We are in the longterm in a bullish trend
* Bounces many times from the supportline (NOT support zone)
* The momentum is going up
Trading setup:
Entry: $10.55
SL: $9.88
TP: $13.53
Disclaimer: DYOR. No financial advice. Just for your impression.
ThorChain / Rune to $40 by Q1 2022Everything about this chart looks pretty good. a series of higher low accumulation points since the bounced lows in July.
First aim would be to take out the highs it got rejected from at the start of November around $16.5, generally 3rd tap of resistance leads to expansion, so a move up to this area I would expect an extended move beyond.
Looking pretty strong fundamentally at the moment, and hasn't been on a run for a while - anticipating this to start making a move at some point soon.
Target is pretty aggressive, but in crypto I don't think it's unreasonable.
RUNEUSDT Very BullishRUNEUSDT will be very bullish during the next month and exactly on 25th of December - MARRY CHRISTMAS from now.
The main reason is because Thorchain will launch its mainnet on 25-dec. it is already 50% lower than its ATH, and the current price has been PC for several weeks. strong trendline and fundamental comes together to reach a new ATH.
I just got into it and accumulate more from now partially.
NFA
DYOR
KEEP calm and Marry Christmas