🚨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.
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Runeusdtanalysis
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.
RUNEUSDT.1DBased on the provided market data, the currency RUNE is currently trading at a price of 5.823 USDT.
From a technical standpoint, the 4-hour Relative Strength Index (RSI) is at 77.35, which is typically considered overbought. This could indicate that the market may be due for a correction or pullback. The Moving Average Convergence Divergence (MACD) for the same period is 0.302, suggesting a bullish trend.
On a daily scale, the RSI is at a very high 90.94, which is significantly overbought and could indicate a potential market correction in the near term. The MACD for the daily timeframe is 0.766, which is bullish.
Looking at the Bollinger Bands (Bb), the currency is trading slightly below the upper band in both the 4-hour and daily timeframes, indicating that it is trading near a high range, which could suggest a potential pullback.
In terms of support and resistance levels, the immediate resistance on the 4-hour chart is at 5.849, followed by 6.432 and 6.351. The supports are at 5.153, 4.563, and 4.102. On a daily basis, the resistance levels are at 8.962, 11.900, and 13.700, while the supports are at 3.446, 2.137, and 1.357.
In conclusion, while the currency is in a bullish trend as indicated by the MACD, the high RSI suggests that it is overbought and may be due for a correction. Traders should proceed with caution and consider setting stop losses to protect against potential downturns. This is just an analysis and not a trading advice. Please do your own research before making any investment decisions.
RUNE - the power of thor (god of market making)RUNE - the power of thor (god of market making)
yeh so RUNE was an absolute beast last run. like FTM. and SOL and a few others.
these beasts did 100x+
naturally i am playing their return pumps.
RUNE also, uniquely, has an interesting real world appeal. a defi system that is able to run independently of central regulation choke points. this is going to be a big deal as regulators and big bankers come into take control of this market. and they will. this token embodies some of the original cyber punk ideals that actually bought some of us in. i understand now its all about the pump but back then most of us loved the idea of crypto smashing the shackles of the everyday person allowing us to p2p money with strong fundamentals by way of solid algo and decentralization.
anyway i do like RUNE . lfg degens
RUNEUSDTBINANCE:RUNEUSDT
I missed the entry point for the short position, but it is possible for the price to return to that point
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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RUNEUSDT - Buy SetupRUNEUSDT (1D Chart) Technical analysis
RUNEUSDT (1D Chart) Currently trading at $1.959
Buy level: Above $1.95
Stop loss: Below $1.55
TP1: $2.2
TP2: $3
TP3: $4
TP4: $5
Max Leverage 2x
Always keep Stop loss
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RUNE Cup and Handle target 2.52h time frame
-
RUNE is creating a potential cup and handle srtucture, also in the phase of continuation structure, which pumping wave is 0.905 ~ 2.028. Critical resistance is obvious at 1.973, if RUNE can break above it then we can have higher target based on the cup and handle structure.
TP: 2.493~2.665
SL: 1.414
RUNE Trend End🔆#RUNE Analysis : TREND END ⛔️⛔️
As we can see that #RUNE was in uptrend but there is a bearish diversion in RSI so there is no more uptrend and there are two support zone. This may come back into trend after retest the support zone.📈📈
🔖 Current Price: $1.722
⏳️ Target Price: $1.390
⁉️ What to do?
- According to the chart it will go down to 1.400. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RUNEAnalysis #Cryptocurrency #TrendEnd #DYOR
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 recent update "RuneUSDT on Higher Time Frame:
As we said in our earlier analysis, Rune dropped by 10-15%, but it didn't reach our main target
For now I anticipate a correction of around 30-40% in Rune's price in the next few days. Overall, I am bullish
Remember, this is just an idea. Research before making decisions.
Best of luck! If you're happy with our content, please consider supporting us. Happy trading!"
Rune/Usdt Update Rune/usdt
In our previous discussions, we talked about a Rising Wedge / Bearish channel, but Rune doesn't seem to be following any bearish patterns
Right now, I think the price might go down by around 20-30% after it reaches the 1.40-42 level. Let's wait and see.
Remember, this is just an idea. Before making any decisions, do your own research.
Best of luck! 👑
If you're happy with our insights, please consider supporting us.
Wishing you successful trading!
#RUNE/USDT Technical Analysis (REQUEST 18)
The first 15 charts for the following alts have been posted on my other social platforms:-
Check the links in my bio.
1. LQTY ✅
2. SOL ✅
3. DOGE ✅
4. MASK ✅
5. OP ✅
6. DATA ✅
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8. MOVR ✅
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I will be covering 14 more charts from here.
DM me if you have any requests, and I will try to cover them.
Let's get back to the chart.
RUNE is one of the strongest coins out there.
It's up 60%+ from the bottom.
Currently, hitting the local resistance.
IMHO, Buying the retest around the $1.5 area would be a smart move with a target of HKEX:2 +
Any dip will be a blessing.
For leverage traders, $1.4 to $1.7 is the trading range in the short term.
Let me know what you think and do hit the like button and share your view in the comment section.
Thank you
#PEACE
RUNEUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Runeusdt - selling this coin because bulshit news..
price broke through the support level. (blue level).
On the retest, I will look for a opens short.
The main thing that the market would not turn around.
Graphically, everything is shouting for a short.
.
Here's the bullshit news for the real cryptans.
❗️Important information for EXPERIENC cryptans.
Many of you probably know that Trust Wallet (TWT) has chosen ThorCHAIN (RUNE) as their primary crosschain partner. Here's a repost of CZ (head of binans) tweeting about it: twitter.com
❗️Of course, ThorCHAIN doesn't have its own API and, in fact, Trust Wallet uses the ThorSWAP (THOR) API built on ThorCHAIN. Here is the official ThorSWAP tweet: twitter.com
❗️Please note the ThorSWAP logo and compare it to the partner logo listed on Trust Wallet swaps (swaps are only available on Android for now). This is exactly ThorSWAP, not ThorCHAIN...
If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your friends.
RUNE/BTCRUNE/BTC
1 WEEK TF
Alot of fundamentals development in bear market. Currently it is undervalued as well as technical parameters/analysis seems good to go with.
Holding Above Trend line Support (Major)
Recently Breakout Trend and moving upside in bitcoin pair.
Possible move 100% atleast from Current price.
Weekly TF signal.
Expecting atleast 2 months to complete or early.
RUNE = THORCHAIN
DEX EXCHANGE THORSWAP
RUNEUSDT DOUBLE BOTTOMAfter we break even, now we see two bottom patterns forming.
You can enter earlier on the black line but we will be waiting for the green line which is the last entry point of course.
Don't forget your stop loss.
This is not financial advice.
Our record state… #learnitdonttradeit
{We only use X50 leverage for all our trades with the same capital per trade, however, we don’t post financial advice, make your own research, please!}
Trades posted - 6
Entries hits - 3
Stop losses hits - 2
Targets hits -
Open trades -
Accumulated profits -
Accumulated losses - 87%
Canceled/missed trades - 3
Period - First month -
1st month C & QP & QL - $5
RUNE/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
---------------------------------------------------------
⚡️⚡️ RUNE/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 1.58 - 100.0% (117.676 USDT)
Take-Profit Orders:
1) 1.691 - 65.0%
2) 1.874 - 20.0%
3) 2.088 - 10.0%
4) 2.741 - 4.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)