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RUNEUSDT

RUNEUSDT.4HBased on the provided market data for the RUNE/USDT pair, we can observe the following: In the short term (4-hour timeframe), the Relative Strength Index (RSI) is at 41.18, indicating that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is at -0.079, suggesting a bearish trend. The Bollinger Bands (BB) midpoint is at 5.75, and the current price is below this, indicating that the pair is on a downtrend. The immediate supports are at 5.200, 4.797, and 4.533, while the resistances are at 5.752, 6.545, and 6.682. In the medium term (1-day timeframe), the RSI is slightly higher at 44.06, and the MACD is at -0.068, both suggesting a bearish trend. The BB midpoint is at 6.056, and the current price is below this, reinforcing the downtrend. The immediate supports are at 5.108, 4.600, and 4.200, while the resistances are at 6.525, 7.350, and 8.700. In the long term (7-day timeframe), the RSI is significantly higher at 74.41, indicating an overbought market and a potential reversal. The MACD is positive at 1.255, suggesting a bullish trend. However, the BB midpoint is at 7.459, considerably above the current price, suggesting an overall downtrend. The immediate supports are at 3.517, 2.243, and 1.433, while the resistances are at 6.685, 7.0, and the third one is not defined. In conclusion, the market data suggests an overall bearish trend for the RUNE/USDT pair in the short to medium term, with potential for a reversal in the long term as indicated by the overbought RSI. However, it's important to take into account other market factors and news that might affect the price. Also, it's advisable to use other technical indicators for a more comprehensive analysis and to confirm these signals. This is just an analysis and not financial advice. Always do your own research before making any trading decisions.
by MarsSignals
RUNE/USDT The breakout for a long trade in has been confirmed!The chart clearly indicates that RUNE has broken out of its resistance. Now is an opportune moment to initiate a long trade. #POLYX/USDT LONG SCALP 🍀 Leverage: 3x Entries: $5.940 Take profit 1: $6.291 Take profit 2: $6.850 Take profit 3: $7.205 Stop Loss: $5.353 Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:) Thanks The sroced. BINANCE:RUNEUSDT.P
Long
by srocedtrading
3
RUNE channelization analysisThis is an analysis based on channelization. Remember that most of the time everything is reflected in the chart and you should look for signs. We have had a diagonal channel that the price has faked out twice, which shows selling pressure. We have also had a dynamic support that has been broken and the price has not been able to recover it. Now all buyers will become sellers and RUNE will experience a lot of selling pressure. The bottom channel is the adjacent channel. I specified the targets.
Short
by behdark
RUNE USDT: SOLD ALL OF MY RUNE... I sold my first 50% on my previous chart that I failed to gauge the right top. Now, here I am again thinking that this will be the top. Relatively it is. More on sentiment reasons. I will not explain further, since the explanation are very much the same with the previous chart I did. Here it will be just a bit more detailed and applied with sentiment. SOLD 6.9 I just find it funny, and related to the fibs. Tried to drag it further while still respecting the levels. Thank you. PS: I added Trend line. I will short accordingly.
Short
by osodatsismoso