Runeusdtlong
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.
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#RUNE/USDT#RUNE
The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside
The price rebounded well from the lower border of the channel at the green support level of 4.50
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 5.90
The first goal is 6.68
Second goal 8.32
Third goal 9.77
RUNE: breakout renge📊Analysis by AhmadArz:
🔍Entry: 6
🛑Stop Loss: 5.594
🎯Take Profit: 6.227 - 6.654 - 7.240
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RUNE: 📊Analysis by AhmadArz:
🔍Entry: 5.673
🛑Stop Loss: 5.520
🎯Take Profit: 5.843 -6.026 -6.223
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Rune - Elliot Wave playI want to preface this with a couple things.
The first, I am biased towards Rune in the fact that I own some for the long term and I believe in the project.
The second, I really don't like Elliot Wave in general. I think it's use cases are generally arbitrary at best.
That being said, this Elliot wave set up almost seems too obvious not to post. If Rune can get going and hold these $5 levels we should be able to move a lot higher. My initial target is $20 at the moment. While MACD is positive, that's the only real "signal" I give credit to, this support zone will have to nullify the MACD downside crossover and some other indicators to give this pattern a shot. Once this happens, it will be a huge indication of strength, however, that all still needs to play out.
If you are worried about this area holding, simply scale in your positions and manage your risk accordingly.
Cheers,
-TCD
RUNE IS READY TO REIGNRUNE has some pretty great news in the coming days. They are gonna burn 60 Million RUNE which now has a face value of 360 MILLION DOLLARS. And this is being done as part of their upgrade related to the loan proposal against BITCOIN AND ETHEREUM.
People can borrow 50% of the face-value of your assets without paying any interest or getting liquidated against the loan that you borrowed.
This is gonna change a lot of things for the THORCHAIN adoption, when you can just park your BTC and get 50% facevalue as loan without paying any interest.
Highly BULLISH ON RUNE
RUNEUSDT Bullish Bias(1H Divergence, Long Sentiment, 0.78% Fib)RUNEUSDT price action retraced to 0.78% level with 1H Divergence. Now the open interest/long sentiment is also rising showing price might pull back to making higher highs.
Trade Plan (Bullish Bias)
SL: Previous LL
Entry: Buy Stop previous LH
TP: 1:1 risk and reward
What do you think, will it work?
Disclaimer: Crypto trades are mostly high risk. Always manage your risk decisively.
Trade signal | THORChain (RUNE) setup for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Recently we caught more than 27% pump of RUNE as below:
Now on a 4-hr time frame, RUNE has formed a bullish BAT move for the next price reversal.
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.
Trade signal | THORChain (RUNE) setup for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Previously we caught more than 400% pump of RUNE as below:
On a 4-hr time frame, RUNE has formed a bullish AB=CD 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.