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Thorchain

THORChain (RUNE) Buy ZoneTHORChain (RUNE) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium On 4 hours timeframe, THORChain is currently forming a lower time frame bull-flag above its second to local high support of $3.9 zone. The buying pressure and the bullish momentum is extreme, which will very likely break to the upside any second. -------------------- $RUNE/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 3.8 - 4.1 TP 1 : 4.26 TP 2 : 4.43 TP 3 : 4.67 TP 4 : 4.95 TP 5 : 5.25 TP 6 : 5.52 TP 7 : 5.85 TP 8 : 6.375 Stop Loss : 3.295 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1
RUNE Descending Wedge on Watch - Potential Bullish BreakoutWatching for a potential bullish breakout for RUNE on a clearly defined long-term descending wedge. This is not an easy type of trade to take in my opinion because you need to be present during the breakout and observe the price action. You want to be entering on the break when there is volume coming through. If the price breaks out and quickly gets rejected or trades sideways with little volume, then you just sell out at breakeven or a small loss and consider it a dud. The key is to minimize your risk in an attempt to catch a large swing move because a bounce on the weekly timeframe for RUNE is likely coming sooner than later. If you choose to enter prior to it breaking out I would put the stop at $4.06 which is only a 3.3% loss for a potential 18-20% gain. Understand that probability will likely lean towards getting stopped out in this scenario but the risk to reward is worth it. What we are attempting to do is catch the weekly bounce which could be anywhere between a 20-100% move to the upside.
Long
by CryptoCentsTA
RUNEHello everyone... Potential and good currency with an attractive foundation In the weekly time frame, the candlestick has created a cover I do not think now is the time to buy We should let this currency test the $ 6.2 price again Because it grew very fast and did not allow people to trade ... Do the shopping step by step. This currency is not something that will disappoint you in the long run ... . . . If you have any questions, you can write it in comments below, and I will answer them And please don't forget to support this idea with your like and follow, thank you...
Long
by MohammadWaezi
7
THORChain (RUNE) Buy ZoneTHORChain (RUNE) Buy Zone -------------------- BIAS Mid-Term : Bullish RISK : Medium On its 4 hours time frames, The THORChain graph formed a bullish patterns. We expect will touch it's low once again before moving up. -------------------- $RUNE/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 5.98 - 6.47 TP 1 : 6.625 TP 2 : 6.76 TP 3 : 6.91 TP 4 : 7.16 TP 5 : 7.64 TP 6 : 8.37 TP 7 : 9.29 TP 8 : 10.15+ Stop Loss : 5.452 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1
Rune usdt long scenario.I feel bullish on rune, as we saw recent rally above 17$ even after its Hack attack on Thor Chain, fell from 22$ to 3$. Back up to 17$ showed growth potential as well as Community power and An outstanding dev team. 1) broke the recent trend line and need to close above 7.780 on daily time frame in order get back the bullish momentum. (OTHERWISE THIS SCENARIO FAILS) 2) major resistance 10.250 if that breaks we are back on the track to 17+ for sure. 3) Good news from the TC Devs Regarding Mainnet launch from Chaosnet, And they are working 24/7 to make the code flawless during Chaosnet so some system Halts were Expected and they want TC to be On point when Mainnet Launches. That caused a delay on current expectation of launch in the end of December (WHICH IS NOW EXPECTED TO BE END OF JANUARY OR Q1 OF 2022). From these scenarios I speculate that Rune will be above 17$ for sure.
Long
by chammar
ThorChain / Rune to $40 by Q1 2022Everything about this chart looks pretty good. a series of higher low accumulation points since the bounced lows in July. First aim would be to take out the highs it got rejected from at the start of November around $16.5, generally 3rd tap of resistance leads to expansion, so a move up to this area I would expect an extended move beyond. Looking pretty strong fundamentally at the moment, and hasn't been on a run for a while - anticipating this to start making a move at some point soon. Target is pretty aggressive, but in crypto I don't think it's unreasonable.
Long
by resolutemex
1
rune THORChainRUNE UPDATE CHART What Is THORChain (RUNE)? THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process. With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker). The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million RUNE to participate in its rotating consensus process. THORChain was funded through an initial DEX offering (IDO) which launched through the Binance DEX in July 2019. Its mainnet originally launched in January 2021, but a multi-chain upgrade is currently scheduled for 2021.
RLong
by Cryptonix-Empire
2
RUNE to outpace BTC by 6xLooking at RUNE/BTC on the daily we can see that since launch, RUNE has been steadily outpacing BTC through several upswings followed by minor correction and accumulation phases. These accumulation phases have lasted between ~100 and 150 days, the last three of which had RSI similar values before the next euphoric upswing. Today, RUNE sits at a similar RSI value and is around 140 days into its current accumulation phase and the MACD is turning bullish. RUNE is poised to explode! Judging by its fairly consistent previous rallies, this baby can do an 6x multiplier against BTC in the next months!
Long
by odyszeus