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Runeusdtanalysis

$RUNEUSDT: Ready to Break Out! BINANCE:RUNEUSDT has recently broken out of its downtrend and is now forming a symmetrical triangle, signaling a potential breakout that could lead to a significant upward movement. The fundamentals behind CRYPTOCAP:RUNE are strong, supported by a dedicated community, which adds to its long-term potential. Traders should keep an eye on the breakout from the triangle, as this could ignite a major price surge. As always, remember to set a stop loss to manage risk effectively while taking advantage of this exciting opportunity. BINANCE:RUNEUSDT Currently trading at $5.2 Buy level: Above $5.25 Stop loss: Below $4.38 TP1: $5.7 TP2: $7 TP3: $9 TP4: $11 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Will RUNEUSDT Breakout Lead to a Massive Surge? Yello Paradisers! Could this be the moment #RUNEUSDT finally breaks out for good? Let’s dive into the recent action and find out if this is the move we’ve been waiting for! 💎#RUNEUSDT has been showing strong fundamentals, and recently, it has broken out of a descending resistance trendline on the major timeframe. After the breakout, the pair successfully retested the trendline, now acting as a support level—a bullish signal for potential upward movement. 💎The pair is sitting just above a solid support area, which increases the chances of a move to the upside. The current trendline, once a resistance, has now flipped to support. 💎The pair will face resistance at $4.388, a minor zone to keep an eye on. Should market sentiment turn bullish, further resistance is expected at $5.30, followed by a stronger barrier around $7.00. 💎If the bullish momentum holds, RUNEUSDT could first target $3.494, as this trendline support provides a solid base. After overcoming the $4.388 resistance, the path to higher levels opens up, possibly reaching $7.00 if the market continues to show strength. 💎However, the bullish outlook will be invalidated if RUNEUSDT sees a daily candle close below the key support level at $3.197. In this case, further downside could be expected. So, what’s your move? Will RUNEUSDT make a run for it, or will support break down? Stay focused, Paradisers. The next few days will be crucial! Stay sharp, Paradisers! The next few moves could offer some excellent trading opportunities, but always remember to manage your risks. Discipline and patience are key to navigating this market successfully. Let’s keep pushing forward and make the most out of these setups! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
Is RUNEUSDT Ready to Break Out? Here's What You Need to Know!Yello Paradisers! Have you noticed how #RUNEUSDT has been making waves lately? If you’ve been following this pair, you might have seen it in a descending resistance pattern with multiple taps—almost like it’s been teasing a breakout. But here’s where things get interesting, RUNEUSDT has been forming higher highs on the higher timeframes, a strong bullish signal that you don’t want to miss. 💎#RUNEUSDT , recently , retrace back to a previous bullish order block. This level held strong, and the price bounced back up, respecting that support beautifully. This kind of price action usually indicates that the bulls are in control, and it’s no surprise that we’re seeing a Change of Character (ChoCh) confirming a probable move to the upside. 💎If the bullish momentum continues, the first area to watch is the resistance level at $4.248. However, if the price doesn’t break this resistance, we might see a pullback to the bullish order block around $3.872. Should the pair find support there, the next resistance levels to watch would be $4.355 and a strong resistance at $4.536. 💎But remember, this bullish outlook hinges on one critical level: the $3.748 mark. If we see a 4-hour candle close below this level, our bullish thesis will be invalidated, and we might need to reassess the situation. Stay sharp, Paradisers! This could be a crucial move in the making, so make sure to manage your risk and trade smart. Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
RUNEUSDT Poised for a Major Breakout: Are You Ready?Yello, Paradisers! Are you prepared for what could be one of the most significant moves for #RUNEUSDT? 💎#RUNE is approaching a critical trendline breakout level, signaling a potential seismic shift in its market trajectory. The current setup is teetering on the edge of a bullish flag formation—a pattern that could propel RUNE into a powerful upward rally. 💎If RUNE can maintain strength above the 4.30 level, it will enter a strong bullish domain, targeting higher levels. Initially, price could see RUNE aiming for the 4.80 mark. Should the momentum continue, RUNE will challenge the strong resistance zone between 5.15 and 5.40—This is where significant profit-taking could occur. But if the bulls keep pushing, RUNE could surprise us all with an extended rally towards the 7.40 to 7.80 levels. 💎On the downside, RUNE has solid support around the 3.750 level, with an additional bullish order block region between 3.10 and 2.80 that initiated the recent pullback. If these supports hold, RUNE could be gearing up for an impressive move upward in the coming days. Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
Massive Opportunity: Will RUNE's Breakout Ignite a Bull Run?Yello, Paradisers! Are you ready for the next big move in #RUNEUSDT? Price has seen a pivotal key resistance reclaimed & its holding it strong—time to see where it's headed next! 💎#RUNE has recently reclaimed a pivotal key resistance, and since then, a significant push to the upside is underway. However, the price is currently approaching several resistances. Holding onto the minor support level of 4.30 is crucial for maintaining bullish momentum. 💎Resistance at 5.15 is critical as it also holds the daily EMA-200. A decisive move above $5.15 could unleash a powerful bull run, potentially unleashing bulls towards the levels of 5.85 and 7.28. 💎Meanwhile there is minor support positioned at 4.30. This minor support holds both horizontal as well as dynamic support from the EMA-50. Any dip into this region could be an excellent opportunity for sidelined bulls to add fresh positions. In case of a deeper pullback, $3.90 level offers strong support. Paradisers! be disciplined with your trading strategy, and keep mastering your willpower. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
2
RUNR: in channel📊Analysis by AhmadArz: 1. Support and Resistance Levels:** - Support:** Around $6.100 and $5.995. - Resistance:** Approximately $8.397 and $8.717. 2. Trend Channels:** - The price is moving within an upward channel marked by blue lines. - There is a clear uptrend with higher highs and higher lows. 3. Trading Strategy:** - Buy Zone:** Enter buy positions around the support area of $6.100 by SL: $5.935. - Target Prices (TP):** - TP-1:** $6.731 - TP-2:** $7.298 - TP-3:** $8.284 4. Overall Trend:** The trend is currently bullish within the ascending channel. The price is expected to move towards the target prices if the support levels hold. In summary, consider entering buy trades in the support zone and aim for the target prices within the upward trend channel. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Long
by ahmadarz
📈RUNE can go high to $40 level / Alt Season rally📉BINANCE:RUNEUSDT KRAKEN:RUNEUSD Hello Traders Rune is one of my suggestions for the altcoin market. You can clearly see that volume has increased continuously. ---> Highly potential for the alt rally season. RUNE is the native token of the THORChain network. It represents a multi-purpose universal token that supports all functions on the THORChain network and helps run the protocol. RUNE is used in governance, for staking, bonding for validator Nodes, and trading. The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
Long
by CrazyS
THORChain RUNE Price wondering where to turn nextThe RUNEUSDT price does not behave like most altcoins or even BTC. So, we can assume that MM is leading it "where it needs to go." The previous wave of RUNE price growth was also "on its own" - it was driven up without any correction and despite negative news inputs on the market. We don't know whether the same situation will happen again now, but we will be watching the price of THORChain token very closely around $5.25 - If it is fixed higher, then we take the blue scenario as a reference point. - If sales begin and the price does not go above $5.25, then the red scenario will become quite realistic. Frankly speaking, after such a wave of growth as we had in the second half of 2023 (almost uncorrected), it would be nice to see a deeper correction, perhaps even to $2.40 If we don't see this, then the targets for the pump are much higher, and we will need "to jump on board" in time _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
RUNE/USDT Keep an eye on the key area. Descending channel!!💎RUNE has recently displayed noteworthy market dynamics, forming a descending channel pattern. 💎 Last week, it encountered resistance within this pattern and faced rejection. Currently, it's retracing back to the demand area in an attempt to gather new momentum and potentially break out of the pattern. 💎 However, if RUNE fails to find support upon reaching the demand area, the price could continue its downward trajectory towards the Bullish OB area. Conversely, a bounce from the Bullish OB area could lead to a significant upward movement, potentially resulting in a breakout of the pattern and a return to a bullish trend. 💎 Yet, if RUNE struggles to bounce even at the Bullish OB area or breaks down from it, this could signify a bearish momentum, indicating further downside potential for the price.
by MyCryptoParadise_Nathan
1
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.
by MyCryptoParadise