RUNEUSDT RUNEUSDT (1H Chart) Technical Analysis Update
Channel Breakout
RUNE/USDT currently trading at $11.32
Buy-level: $11.00 - $11.30
Stop loss: Below $10.33
Target 1: $11.90
Target 2: $12.70
Target 3: $14.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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RUNEUSDT
Climb or fall🧗🏻♂️Good day, wolves🔥
There is an interesting formation for you.
Flag pattern on RUNE/USDT crypto pair.
The price entered into consolidation after a confident bullish sentiment.
Moreover the price bounced triple time from support and resistance zones.
Follow the chart and look for the breakout carefully.
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RUNE / Thorchain in a clean bullish wedgeEver since the 80%+ run up, RUNE has been in a consolidating wedge. I expect resolution time to before April 8th, risk/reward points to bullish.
Target: 10.5 -> 11.8 --> 12.5
Resistance: 9.2 - 8.8 - if broken, wedge is invalidated.
Event risk is always one of the most profitable but also riskiest market opportunities. In this case, due to the extensive testing done by Thor devs, I lean bullish.
This is not financial advice.
Head&Shoulders🎢Get your wallets ready, wolves🔥
Did you miss Head and Shoulders formation? Here it is!
Head and Shoulders on RUNEUSDT crypto pair.
All the parts are done and now the price is heading to the breakout.
Moreover there is a historical bullish trend and now the price is close to the support zone. If the price breaks it then Bearish movement will be furious
Follow the chart and look for the breakout carefully.
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If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
RUNEUSDT – Potential 72% gainsBUY: 5.79 – 6.12
TARGETS:
1) 10
STOP: 4h candle close below 4.9
Rationale:
-Price is moving upwards in a channel and broken through a key level (in blue).
-Price has touched the top of the channel multiple times and is showing strength to break through.
-As long as price remains above the key level we are bullish.
-Expect a small retracement back to the buy zone before bouncing up.
-If bitcoin dumps I would suggest cutting this position early and waiting for the market to stabilize before entering again.
Your risk, your reward. This is not financial advice.
Happy trading.
THORCHAIN 240 MIN TF.THORCHAIN is leaving an ascending bullish continuation channel in which we see rising highs and rising lows. Within the same bullish channel we see how the price has entered a phase in which it does not look like it is going to look for the lower divergence again. In the daily chart we can see how the price has tested the 6$ zone several times. I think that if the price returns to this area can break with force, which indicates that we could go to look for at least $8.50.
For our pattern to occur we will look for a candle in TF: 240 min with decision and closing near the previous high.
Don't get RUiNEd! 2Tracking RUNE last few weeks. See the related idea for more details. Triangle broken up, but now I do expect a pullback to the upper traingle edge (BUY-LIMIT level) in order to backtest it before going up again. SL is last local low. Target is height of the triangle projected from midpoint of the local range. Actually TP is bit lower, as 8 is round number. Invalidated when SL/TP level hit (even if BUY LIMIT not filled before). RRR 3.7
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RUNEUSDT Ride The WAVE 📈February 10th - 17th RUNE nosedived . A move that must have shaken paper hands I guess.
But this time most coins had tsunami. Eventful week.
From thence RUNE picked upwards again.
Completed a wiggly move( W ). Then Boom it broke a familiar resistance level to $5 region
Here it meets another resistance
Potential Support at $4.3 mark. To break $5 cap 🎓, it needs a healthy retrace.
It should bounce off here upwards. Then completes its move down Key Level support.
From here to a new moon 🚀 with full throttle.
I will take my Long entry near Key Level. Below Resistance ( As in Chart )
I expect a long candle wick through to hit.
Bears can SHORT it from current price
FA :
RUNE has a unique future. Hidden in plain sight.
Audited code. Birthed by ThorChain
Speculatively GoTo tech. if BTC be regulated .
Huge potential in terms of Use-Case.
Market Cap is over $1 Billion . Wow!!!
What more can I say, 🤷♀️ DYOR !
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RUNE DAILY CHART
RUNE is breaking a bullish accumulation zone. The price is compressing leaving more compact highs and lows, which is a clear sign of price continuation. We are looking for a price target at least in the same range as the previous impulse. We can either join the trend or wait for a retracement of the divergence to look for more profit.
RUNE (THORchainHello!
Possible breakout on THORchain if Btc stays chill and alts stay bull.
Price and RSI has tested this supressing resistance line already a few times.
We did get a break out on RSI. We still need to go threw that 50EMA (Brown line) and close on top.
Like we can see 200EMA (red line) and previous structure worked as support.
Small volume also behind.
We can also retest that RSI as a support and bounce from there if we close above it.
Let's see what happens ;)
What I have researched RUNE sounds like an interesting project.
If you do take trades and are not holding for long term use stop loss.
Otherwise you will get your ass burned!
-Jebu