RUNEUSDT
RuneUSDT Bullish or Bearish time comes?Rising wedge of Rune showing for us possible of lower but in this market we see a lot of breaking of rising wedge BUT this time is different we have very low BTC.D where we need bounce and make some rejections.
1. Hopefully bids is possible also if we get BTC lower if we didnt hold.
2. BTC.D bounce possiblity
3. Rising Wedge
4. Crossing EMAS what's not good sign.
You have never enough RUNE in portfolioAnother ascending triangle may lead RUNE to 20+ area . Volume is a bit lower but still nice.
RUNE is token of thorchain.org a multichain DEX. The higher liquidity is locked in, the higher price of RUNE.
Not financial advice. Always DYOR. Watch BTC.
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"During times like this when Bitcoin & Ethereum are retracing, look very careful at what alts are showing relative strength. This is where the money is going next." -$trong Gems
RUNE longLooking for MULTIPLE 4 HR closes around the 16.7 area and the retest of support.
Or even a daily CLOSE above that level.
RUNE is rank #44 on coinmarket cap and arguably has a lot of room to grow.
Inverse head and shoulder btw..
Be careful about BTC since the market is dictated by it right now. Ill update if I feel like taking a long position or if people ask for targets and stop losses.
sorry about the mess Ive been day trading it like a degen
Potential UptrendTechnical Analysis:
Showing healthy uptrend in coming days. Let me know in the comment if you think otherwise.
Fundamental Analysis:
Price rallied every since Thorchain released Multichain Chaosnet (MCCN) and DEX about 2 weeks ago.
It should be going up and people showing support to the project.
It is a good project, however I'm not sure if it's widely used or not. Pls comment if you do know any info
NFA and still learning! Forgive me for any mistake
$RUNE - Will be looking to buy the ODIN ZONE on this coin. Mixed signals from this coin have me guessing at whether the ABC is done yet or not. On one hand we have confluence on this bounce matched with the 0.5-0.55 fib regions. On the other hand I'd like to see a deeper correction on this wave 4 matched with divergences across the board. I'm about 70% sure we will see RUNE hit the .618 region before making its next leg into ATH. Don't forget your SLs and Trade Safe!
RUNE / THORChain in bullflag
RUNE has been chopping for almost two weeks now. It's almost time for an ATH.
Since the crypto market is in shambles, RUNE may test a lower low (10.5 - 9.7). It may also just go direct to the higher levels.
Expect chop and set levels accordingly. This is not financial advice.
Resolution time: 7 days or less
Target: 14+
RUNEBUSD - Zone of SupportA confluence of Western Technical indicators identify a zone of support suitable for placing buy orders.
Entry: 5.80
SL: 4.88
T1: 8.35
T2: 9.90
T3: 12.00
RR: 2.76, 4.43, 6.70
3M: Pivots PP
1D: Bollinger Band Lower
1D: Fibonacci 61.80% retracement, EMA 144
1D: Ichimoku Senkou A
RUNEUSDT Hello to you all. Mars Signals team wishes you high profits at all times.
After the fall, the market has hit the support line and the support has started to move upwards. We intend to be able to touch its targets if the market stabilizes.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!