RUNEUSD 1DRUNE ~ 1W 📈
#RUNE Successfully penetrate this Resistance Line, Make purchases Gradually when retesting this resistance line, with a Minimum Target of 15%++ 🚀
RUNEUSDT
RUNE Showing an impressive investment opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 870 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
RUNE IS READY TO REIGNRUNE has some pretty great news in the coming days. They are gonna burn 60 Million RUNE which now has a face value of 360 MILLION DOLLARS. And this is being done as part of their upgrade related to the loan proposal against BITCOIN AND ETHEREUM.
People can borrow 50% of the face-value of your assets without paying any interest or getting liquidated against the loan that you borrowed.
This is gonna change a lot of things for the THORCHAIN adoption, when you can just park your BTC and get 50% facevalue as loan without paying any interest.
Highly BULLISH ON RUNE
THORCHAIN ANALYSIS - Could RUNE Be In A New Bull Market???As you may be aware, I've been closely monitoring the Top 50 cryptocurrencies recently and have formulated several hypotheses aligning with the Bitcoin pattern, based on strict metrics. However, one particular crypto deviates from this trend, prompting me to investigate further. Despite not fitting the established pattern, the inherent pattern suggests significant upside potential—I've even heard predictions of $180, a figure I find plausible.
I believe this crypto is poised for a substantial surge, and while I'm not suggesting a long-term trade idea just yet, I wanted to alert you to my observation.
If the bullish momentum continues to build, I intend to consider trading it.
TOP 50 CRYPTO BREAKDOWN - Where In The Wave D Are We???At our cryptotrading hub, we're all about maximizing profits while minimizing time investment. Hence, I've devised a novel strategy.
Why not classify cryptocurrencies according to the progress of their corrective patterns? As one movement concludes, another begins, enabling us to swiftly transition to new crypto trades, rinse, and repeat.
This approach capitalizes on a unique opportunity we're currently experiencing.
We've barely scratched the surface; there's a whole realm to explore, including gaming coins and potentially other metrics for further filtering based on additional criteria.
Let's embark on this journey now.
RUNE is going up in the channelRUNE is going up in the channel.
🔵Entry Zone 5.506 - 5.778
🔴SL 5.0699
🟢TP1 6.1010
🟢TP2 6.7777
🟢TP3 8.4198
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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RUNE ANALYSIS🔮 #RUNE Analysis - Support and Resistance 🚀🚀
💲💲 #RUNE is trading around its major resistance zone and #RUNE is trying to retest the zone. If #RUNE breakout and closes above the resistance zone and sustain the higher price, it will indicate a good bullish move and will achieve the next target easily📈
🔖 Current Price: $5.387
⏳️ Target Price: $6.065
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#RUNE #Cryptocurrency #Support #Resistance #DYOR
RUNEUSDT.1DBased on the given market data, the currency RUNE is currently priced at 5.409 USDT. In terms of technical indicators, the RSI (Relative Strength Index) at different time frames (4h, 1d, 7d) are 64.93, 60.24, and 68.94 respectively. These values suggest that the currency is neither overbought nor oversold.
The MACD (Moving Average Convergence Divergence) for 4h, 1d, and 7d are 0.040, 0.160, and 0.752 respectively, which indicates a bullish trend. This is further supported by the Bollinger Bands (Bb) data, with the current price being below the upper band for all time frames, suggesting potential for price growth.
Looking at the support and resistance levels, the immediate support level in the 4h timeframe is at 5.224, and if it breaks this level, the next supports are at 4.947 and 4.408. On the other hand, the immediate resistance level is at 5.632, and if it breaks this level, the next resistances are at 5.980 and 6.113. These levels for the 1d and 7d timeframes are relatively higher, indicating a bullish market sentiment.
Considering the above analysis, it seems that there is a positive trend for RUNE in the short term. However, as with any investment, it is recommended to consider other factors such as news, market sentiment, and risk tolerance before making a decision.
RUNEUSDTHi guys
The bearish scenario is valid for us as long as we maintain the $6.24 area. In a way, this price zone is our loss limit.
Pay close attention to negative divergences. We have now reached a daily resistance zone.
What do you think?
RUNE Approaching level of interestRUNE is currently in short-term bearish trend. I expect a continuation till the support zone at 4.85/4.95, that also fit with the main trendline. It's possible to see a bounce there targeting 5.2 first and 5.5 next
RUNE Long Opportunity We are seeing a clear picture that Rune in uptrend making Higher-highs and Higher-Lows.
As you can see a break and retest of structure on the 12H Chart. Entered Long here because of that. I could be wrong that's why i am using stop loss 😆😅
RUNEUSDT Bullish Bias(1H Divergence, Long Sentiment, 0.78% Fib)RUNEUSDT price action retraced to 0.78% level with 1H Divergence. Now the open interest/long sentiment is also rising showing price might pull back to making higher highs.
Trade Plan (Bullish Bias)
SL: Previous LL
Entry: Buy Stop previous LH
TP: 1:1 risk and reward
What do you think, will it work?
Disclaimer: Crypto trades are mostly high risk. Always manage your risk decisively.
RUNE/USDT On the Cusp of a Bullish Break from Demand Zone? 👀💎 Paradisers, get set for a lucrative trading moment with #RUNEUSDT, as signs point towards a bullish continuation from a key demand level.
💎 Exploring #thorchain current path, it's encountering resistance at the $6.094 supply level. We're positioned for a bullish turnaround from the demand level of $5.503. Should the price maintain its drive, a strong bullish trajectory is anticipated, setting the stage for another assault on the formidable supply zone.
💎 If the drive behind #RUNE starts to wane, anticipate a bullish resurgence from the established demand at $5.034. The significant liquidity at this level boosts the chances of a bullish push. Yet, a descent below this critical point may signal a shift towards bearish territory.
#RUNE/USDT#RUNE
The price is moving in a descending channel pattern on a 1-day frame
We are about to break the channel upwards and also break the moving average 100
We have buying momentum on the MACD indicator
Entry price is 4.65
The first goal is 4.88
Second goal 5.51
Third goal 6.14
RUNE/USDT Analysis1. Overview:
The RUNE/USDT trading pair represents the exchange between THORChain (RUNE) and the US Dollar (USDT). Currently, there seems to be a potential buying opportunity based on technical analysis and possibly other factors.
2. Technical Analysis:
General Trend:
Identify short, medium, and long-term trends. Use indicators such as moving averages, Relative Strength Index (RSI), and Bollinger Bands to assess the overall market direction.
Potential Buying Zones:
Identify key support levels where the price has historically bounced. Use tools like Fibonacci retracements to determine potential buying zones.
Technical Indicators:
Examine indicators such as Moving Average Convergence Divergence (MACD) for detecting trend reversal or continuation signals.
3. Fundamental Analysis:
News and Events:
Examine recent news and events related to THORChain that could influence the price. Announcements of partnerships, development updates, and industry events can have a significant impact.
Project Fundamentals:
Evaluate the fundamentals of the THORChain project, including its value proposition, development team, adoption, and long-term prospects.
4. Risk Management:
Stop Loss and Take Profit:
Set stop-loss levels to limit losses in case of unfavorable movements. Also, identify take-profit levels based on resistances or predefined targets.
Risk/Reward Ratio:
Ensure that the risk/reward ratio is favorable before entering a position. This means that the potential for gain should outweigh the risk involved.
5. Conclusion:
In conclusion, based on technical and fundamental analysis, there appears to be an interesting buying opportunity on the RUNE/USDT pair. However, it is imperative to closely monitor market movements, implement appropriate risk management, and adjust the strategy based on market developments.
RUNE ANALYSIS🔮 #RUNE Analysis 🚀🚀
💲💲 #RUNE was trading in a Descending Channel Pattern, give a perfect breakout. If this breakout sustains then we will see a bullish move. 📈📈
💸Current Price -- $4.710
📈Target Price -- $6.086
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RUNE #Cryptocurrency #Breakout #DYOR
RUNE is going bullish if this scenario happenedfirst thing we need to see move up and break the ressistance of 4.82 $ and we see the first higher high if that happened then apt is goin bollish, first target will be 6.61$
this is my analyse it's not a recomandation to buy or sell !!
Rune- Correction is probably overAfter an impressive 7x rally that began in mid-summer last year and peaked above 7, Rune initiated a correction in December, dropping 50% from its peak.
At this moment, Rune/USDT has reversed from the golden zone of the last leg up and appears poised to continue its upward trajectory.
As long as the 3.5 zone remains intact, I anticipate a retest of at least 7, if not even 10.
RUNE/USDT Downward go to key level or break out the pattern ??💎 RUNE has recently experienced significant developments in the market. There is a possibility that RUNE may continue its downward trajectory and test the Bullish OB area around 3.28, with the potential for a significant bounce after reaching this area.
💎 However, if RUNE manages to break out of the descending channel pattern without hitting the Bullish OB, it could lead to an upward movement, and there is a chance it will probability attempt to break through the Bearish OB area towards our target.
💎 On the other hand, if RUNE fails to show a positive response while at the Bullish OB area and instead consolidates with weak volume, this could be a concerning sign. It may indicate a breakdown of the area, potentially leading to a continued downward movement towards the support area.
💎 The support area is critical, and a bounce from this level is necessary to maintain the potential for an upward movement. If this bounce doesn't occur, the price could continue its bearish trend and move lower.
RUNE - Huge Downtrend Breakout ! THORChain (RUNE) has been entrenched in a substantial downtrend since May 2021, consistently forming lower lows. Recent price action, including a retest of the downtrend line, suggests a potential shift in market dynamics. The expectation is for a retracement to the support zone, coinciding with the 0.5 Fibonacci level, before a potential upward move.
🔄 Prolonged Downtrend Analysis:
The extended duration of the downtrend indicates persistent bearish sentiment in the RUNE market. Lower lows have been a consistent feature, reflecting the dominance of sellers. Each attempt to rally has been met with resistance, leaving a trail of lower highs.
📉 Retesting the Downtrend Line:
The recent retest of the downtrend line signifies an important technical event. The fact that the downtrend line held as resistance suggests its continued relevance. This event highlights the importance of the downtrend line in influencing price movements.
🔍 Anticipating a Reversal:
The expectation of a retracement to the support zone aligns with the broader technical analysis. A move towards the 0.5 Fibonacci level, coinciding with a key support area, could serve as a crucial juncture. The convergence of these factors increases the likelihood of a potential reversal.
📈 Potential Scenarios:
Retracement to Support: A retracement to the support zone, especially the 0.5 Fibonacci level, would align with historical patterns and provide a potential springboard for a bullish reversal.
Confirmation of Support: Traders should closely monitor the price action in the support zone for signs of confirmation. Increased buying interest, reduced selling pressure, and the establishment of higher lows would be positive indicators.
Upside Momentum: A successful bounce off the support zone could signal the beginning of an upward move. Confirmation of a break above the downtrend line and higher highs would strengthen the bullish case.
💡 Trading Strategy:
Traders considering RUNE should exercise caution and await confirmation of a potential reversal. Entering a position at or near the support zone, with a clear risk management strategy in place, can help mitigate potential losses. Stop-loss orders below key support levels are advisable.
🔮 Future Outlook:
While the technical analysis suggests the possibility of a reversal, traders should remain vigilant and adapt their strategies based on real-time market data. The cryptocurrency market is known for its dynamic nature, and unexpected developments can influence price movements. A successful reversal would require sustained buying interest and a break above key resistance levels to validate a new bullish trend in THORChain.
RUNE/USDT BINANCE:RUNEUSDT
Local Long ( Buy stop limit 4.2$)
All targets are indicated on the graph.
- Risk 0.5% on deposit
- R/R 1/2 - 1/4
P.S (This is not an investment recommendation, this is my personal opinion.
runeIt provides us with opportunities to buy, but I find it appropriate to make a safe purchase in the following points
