RUNEUSDT
THORChain (RUNE) formed Gartley for upto 21.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Previously we I shared a long-term trade setup which produced almost 340% pump as below:
Now on a daily time frame, RUNE has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RUNE/USDT is Ready For a Potential Correction | RUNE Analysis💎Paradisers, turn your attention to RUNE/USDT. Currently, it's meandering within a falling channel, and we're on high alert for a possible downward breakout in the near future.
💎If this breakout unfolds as we expect, prepare for a swift corrective movement.
💎It's important to highlight the two verified order blocks in the shorter time frame. These zones are probable targets for the THORChain (RUNE), considering the liquidity present there.
💎Reflecting on past trends, we saw a transition from a demand to a supply zone, resulting in a significant price drop and targeting the previous Order Block (OB).
💎In the ever-evolving landscape of crypto, staying vigilant and flexible is essential. Keep those charts refreshed and stay tuned for more updates! 🌴
Be carefulThe recent rise of the currency is a triple rise, not a five-year rise. It is a corrective rise only, and it will return to a strong decline again, All data and explanations are mentioned on the drawing.
Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look
Good luck
RUNE Coin is on the long sheet with 1.499 levelAIHermes has identified RUNE Coin on the long sheet with 1.499 level
Entry model - breakout! 20X leverage
On the growth of Bitcoin, the coin made an impulse and gave a movement of 15%!
Stop short Leverage 20X
Almost 300% to the amount of the trade!
Trading from levels - it's simple, clear and safe!
RUNE: Breakout after BreakoutHello friends!
Few days ago I've put BINANCE:RUNEUSDT on my list cause I've seen it to be close to the breakout of the new short-term resistance formed on 1h TF. Interestingly enough, it had just broke out of the long going resistance level two weeks ago, went through the point of BoS (Breaking of structure) (by creating the new higher high after the one that has been under that previous resistance at 1.969) and by this moment it is creating the new Higher Low.
Again, interestingly enough, while forming the new lower low it is creating the new zone of interest by creating this new resistance I was talking about and actually breaking through it. At this particular moment, the breakout isn't yet totally confirmed cause it hasn't gone through the new BoS, but this point might be this new higher low.
So:
If you are risky enough, consider the Entry 1 Zone with the Stop Loss below the previous Low. In case if the Higher Low isn't yet catched, the price can go to the zone of $1.2-1. Consider re-entering at that point.
If you don't like the risk - wait until the break of structure will be confirmed and consider Entry 2.
First Targets will be within the fulfilling of the wick that led us to the previous BoS. Fulfilling it strongly will most probably lead RUNE to the next zone: $2.9-3.1
RUNEUSDTIf this labeling is correct, we can expect the short-term growth of this currency in the form of a hypothetical wave B.
It goes without saying that the current four-hour candlestick can be the final confirmation of this scenario..if it closes like this..
We know that wave B will be time-consuming and complex and can be in any form.
Trading in corrective waves is always associated with high risks and risks, so we must have capital management and a moving stop.
Is #Rune going to fill M FVG?After significant pump, Rune faced strong rejection from W FVG at 2.012$
I expect, that the coin will continue its bearish move towards to 1.15$, where we have W FVG + D 100 ema, where it may bounce and continue going down to other strong support levels (green lines) that you can see on the chart ( black line no 1)
coin returns to be bullish again, only if after testing the support level at 1.15$ the coin will return to 1.5$ price level. (black line no 2)
RUNEUSDTThis is a 1D frame analysis for RUNEUSDT Analysis of the crypto market: After breaking the resistance line which is currently playing the role of a support line, the price has been able to experience a good rise and slightly move above the resistance line, however it was unable to sustain above it and take a corrective price action. Currently, if the price is unable to hold above the support line and fully consolidate below it, we can expect a pullback to the second support line. But if it is able to hold above the support line after the collision and show signs of market reversal, we can be with the price at the resistance line. Suggestion: If friends who have still bought this currency and are in loss, wait for the price to consolidate above the first support line and buy again on the support zone and take profit on the resistance zone so that they can reduce their loss or exit the trade with profit.
Runeusdt Short IdeaRune very close to resistance zone. there are some reasons for short position;
1)funding rate turned negative
2)daily rsi pumped so hard, must fall
3)%73 slong/short ratio in binance
4)aggregated cvd spot increasing rate is slowing in 1 hour chart.
5)very far away from 25, 50 and 100 EMA.
using low leverage i believe that we can get good profit
entry : 1.69
stop: 1.85
tp: 1.46 - 1.30 - 1.18
RUNE gonna rune?Most crypto asset are all going to test the May 2022 level before getting rejected. Some get there, so do not and get there and pass it but still get rejected over time. Rune started similar race toward same level and it is still holding, but will that continue till the top of 2021, I doubt it, but if it does, its goo for entry 3. For now i expect the direction as shown on the chart using the CSTP indicator to analyze the market volume sentiment conditions.
#tradesmartly
RUNE WHAT NEXT?!!👀 ThorChain Today Analysis💎Rune is gearing up for an intriguing move. It's currently following a descending channel as resistance and is likely preparing for an upward shift.
💎 Previously, we noticed that demand turned into supply, resulting in a significant price drop. Currently, we have an order block in the 4-hour timeframe, and it's likely that the price will reach this level and initiate a bullish move.
💎 An interesting observation is the price rejection after grabbing liquidity at the OB. However, caution is advised as there's another OB below that the price might mitigate before initiating a bullish move.
💎 If a daily candle closes as a rejection with substantial volume at the OB, it could signal a good trading opportunity.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Retracement on THORChain after its strong bullish move?After a very impressive performance of +120% in 12 days, RUNE is now showing some signs of weakness, with sell signals on the Strength Reversion (BSR), while the Rainbow Score (BRS) is approaching the red zone. We could possibly look for an entry-level buy around the $1.15 level, before continuing the upward trend.