Thorchain
RUNEUSD Testing the 1W MA100. This is how it will reach 5.0000THORChain is rising very aggressively, the same kind it did in early August, naturally turning overbought on the 1D timeframe (RSI = 78.104, MACD = 0.209, ADX = 49.344). In doing so, it reached the 1W MA100 for the first time since May 9th 2022, which is the major Resistance of the new Bull Cycle.
The pattern that seems to be standing out is a Channel Up and the current rise is the new bullish leg to HH. Along those lines, we expect a rejection near the +115% mark and pull back to the 0.382 Fibonacci level, where we will place our new buy. Structurally, the target will again be a +115% rise (TP = 5.000).
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Very first impulse wave will be done around $3Weekly Chart
I figured out the impulse wave begin from 0.777
Now, it's trading around 1.975 and going up further with the target is also resistance around 3.0
That's 1.382 Fib from 2.025
I expect RUNE will pullback to 1.5 before come back to contention
Wait for next move
#THORChain #RUNE Long-Term chart analysis#THORChain #RUNE Long-Term chart analysis
According to the chart and the wave counter marked on it, the downward trend of this currency is probably over. And we can expect the beginning of its long-term upward movement. But since there is a possibility that we will have more decline ahead, so three entry steps are suggested at the current price of $1.53, then the price of $0.80 and finally the price of $0.40.
The primary target of the possible rise is the price of $40 by the end of 2025, which has a good risk-to-reward ratio.
The target are:
target1: 40$
target2: 99$
target3: 165$
target4: 380$
STOP LOSS: 0.30$
TIME: 1 YEAR
RUNEUSD Megaphone rebound aiming higher.THORChain (RUNEUSD) is testing the 1D MA50 (blue trend-line) as short-term Resistance after a clear-cut bounce at the bottom of the Megaphone pattern and just above the 1W MA50 (red trend-line). This mobilizes the 1W MA levels to come into focus and justifies a short-term (at least) buy towards 2.5000 (top of Megaphone and expected contact with the 1W MA100 (yellow trend-line)).
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RUNE EMA's crossing upThe RUNE EMA's have crossed to the upside indicating that this crypto could be reversing its trend from down to up. If this is the case, it will have more upside left.
While it has moved quite a bit, the strength it has shown during this last crypto down move is encouraging. RSI is also showing strength and we have a nice slope up on MACD.
There is no telling if we will get a pullback or not, but for a longer-term hold, rune looks promising.
RUNEUSD Close to making a new 12 month High!THORChain / RUNEUSD is testing yet again Resistance A (1.97500), after after 3 failed attempts to cross over it in the past 6 weeks.
That would favor a bearish move if at the same time the 1week MA50 didn't hold being the Support.
If it closes the week over Resistance A, it will the signal to buy and target 3.5000 (1week MA200). That will be inside the 0.5-0.382 Fibonacci range, a hot zone for the market as it was the long term Support turned to Resistance during the Bear Market.
Expect consolidation inside this range and then another run to 5.000 as the 1week MACD is marginally over the 0 mark, meaning that there is still considerable upside to it.
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#RUNE/USDT 1D (ByBit) Descending trendline fakeoutTHOR Chain is about to print an evening star deviation and RSI looks overbought, seems likely to retrace down to 200MA support.
⚡️⚡️ #RUNE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 5.0%
Current Price:
1.649
Entry Targets:
1) 1.727
Take-Profit Targets:
1) 1.292
Stop Targets:
1) 1.945
Published By: @Zblaba
CRYPTOCAP:RUNE #RUNEUSDT #ThorChain #DeFi
Risk/Reward= 1:2
Expected Profit= +80.6%
Possible Loss= -40.4%
Estimated Gaintime= 4-6 weeks
thorchain.org
ThorChain - RUNEUSDT.PAs you can see in the chart, we see an insane rise, but I think this rise is now over, I share the analysis in the daily time frame, but I will share the H4-H1 images from it, you can make your own analysis and take action, your priority is to use stop, strong needles can flake your money.
RUNEUSD This Bull Flag can take it to 3.1500 by end of the yearWe last looked into THORChain (RUNEUSD) 3 weeks ago (see chart below) when we called for a pause of the enormous uptrend within the Resistance Zone:
As expected, the price got rejected on the 1.9750 Resistance and pulled-back to the 0.382 Fibonacci retracement level. Needless to say that after breaking above the Falling Wedge pattern, as well as the 1W MA50 (red trend-line), the cryptocurrency has entered a new long-term bullish trend. The very same 1W MA50 has turned into a Support and held twice already (August 18, 16), while the 1D MA50 (blue trend-line) is crossing today above the 1D MA200 (orange trend-line), forming a Golden Cross.
Now the last 1D Golden Cross (February 17) had a bearish outcome but at the time not only was the price below the 1W MA50 but also the 1D MACD failed to form a Bullish Cross. As a result, it the 1D MACD forms the Bullish Cross (which is in course of completing in 2 days), we expect the current consolidation to be just a Bull Flag pattern that will break this time above 1.9750 (Resistance 1) that has been holding since February 02. Our long-term target is 3.1500 (Resistance 2) on the long-term, which is the August 11 2022 High.
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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! 🌴
XHV 2 year Parabola coming!XHV recently had a break out back into it's down trend and has now back tested the break out on the price action and the RSI simultaneously. XHV broke out and met the Gaussian channel as resistance. Holding this line and breaking through the gaussian channel is what we will be looking for next. The RSI in this moment should break through the 50 to confirm. The move at that point should come fairly quick to the top of the channel @ around $2.00. This move should turn the Gaussian channel green from red, this move is very positive.
Keep in mind this process should repeat on the top of the channel as well after it breaks through later down the road.
For a long term outlook I have added the silver price in line form. Why? as we can see it has met it as resistance on three occasions in the previous bull run. So, a break above the silver price point will be considered very bullish. The target I have is at aprox $94 at the top of the bull run.
Please remember no price points are guaranteed. Always take profits when they are there.
XHV is a privacy coin that has a few developments planned for the future. One of the big ones is the Bifrost with (RUNE) thorchain, another great project.
I'll leave the research to you, here is a link to the webpage.
havenprotocol.org
kind regards
WeAreSat0shi
Have a blessed 2023!
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.
RUNEUSD Major bullish break-out above the 1 year pattern.THORChain (RUNEUSD) broke above the top (Lower Highs trend-line) of the 1 year Falling Wedge pattern (since the August 11 2022). This is a major bullish break-out, considering that the price also broke above not just the 1D MA200 (orange trend-line) but also the 1W MA50 (red trend-line) for the first time since April 26 2022.
As long as the 1.7250 - 1.9750 Resistance Zone holds, we expect a better buy opportunity back on the 0.382 Fibonacci retracement level assuming the 1D MA50 (blue trend-line) supports. The long-term target is 3.15000 (Resistance 3).
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Rune Thorchain RUNEUSDTPrice is at 2.5 yr old support level.
Projected targets are up there.
I will further breakdown this trade in trade update section
dont miss those moves.
GL