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Runeusdtanalysis

RUNEUSDT: A Major Breakout or a Deeper Correction?Yello, Paradisers! Is RUNE about to explode or will it face a major rejection? Here's what you need to watch closely to avoid any costly mistakes. 💎Currently, RUNE is testing a critical resistance level at $7.7. A confirmed breakout above this zone will signal a bullish continuation, potentially opening the path for a mid-term rally towards our target major resistance area. 💎However, if RUNE faces rejection at $7.7, the price could pull back to the key demand area around $5.6. This level has acted as strong support before, and a successful bounce from here could reignite the bullish momentum. 💎But what happens if RUNE fails to hold at $5.6? Here's where caution is needed. Below the demand zone lies a key support trendline. If a breakdown occurs, this would trigger a bearish signal, increasing the probability of a move towards the next strong support area. 💎Looking back at RUNE's price history, the strong support area has been respected multiple times, making it a significant level to watch. Should RUNE retest this zone, there's potential for a rebound. 💎If RUNE closes a candle below $4.2, this would invalidate the bullish outlook. A breakdown here could lead to deeper losses, so stay cautious if price approaches this zone. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
📈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
2
$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
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
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
🚨THORChain(RUNE) Can Drop more than ➖50%🚨🧐Today, I decided to analyze the THORChain(RUNE) project for you. The THORChain(RUNE) has grown more than ➕100% in the last month, but the question is whether the tour will continue to grow or not . 📚What Is THORChain (RUNE)❗️❓ THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks including Bitcoin and Ethereum without losing full custody of their assets in the process. 🏃‍♂️The THORChain (RUNE) is currently moving near important Resistance lines and the 🔴 Resistance zone($7.20_$5.80) 🔴. 💡 We can see Regular Divergence(RD-) between two Consecutive Peaks . 💡We can see Hidden Divergence (HD-) between two Main Consecutive Peaks . 🌊According to the theory of Elliott waves , if the THORChain (RUNE) breaks the resistance lines, we can validly consider the recent movement as the beginning of a main impulsive movement, and if the THORChain (RUNE) falls and loses the 🟢 Support zone($3.56_$3.00) 🟢, this upward rally should also be a corrective wave. 🔔I expect that the THORChain (RUNE) needs to be corrected to break the resistance lines and 🔴 Resistance zone($7.20_$5.80) 🔴, this correction could cause the THORChain (RUNE) to lose ➖50% of its value. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. THORChain Analyze (RUNEUSDT), Weekly time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
9