THORChain (RUNE) formed big bullish Cypher for upto 369% rallyHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE).
Previously we had a nice trade of RUNE:
Now during the current drop, on the weekly time frame chart, RUNE has formed a bullish harmonic Cypher pattern for a big bullish reversal move.
Thorchain
RUNE - THORCHAIN POSSIBLE BOUNCE TRADE Rune after a long period of correction is coming to the strongest support - the base line! A nice buy at around 3-3.15$ would be perfect for the LONG RUN !
CRYPTODROU
See You To The Moon
RUNE broke out resistance#RUNE/USDT
$RUNE broke out descending resistance, if price hold the current support around $6.15, it will head up to touch resistance zone between $10 and $11.
if bulls success to break out descending resistance around $14, a butterfly pattern can shape that its target will be around $25.
Is RUNE will be 10x soon ??As fundamental , rune is one if the best defi project with lots of advantages such as use much less number of pools to swap coins and it is realy decentralize.
As technically you can see in chart that it completed pattern and also the price located in the bottom of its channel and start running after pulled back to its support.
You can have it in your portfolio in 2022
Buy 5% of total of your portfolio
Risk management on you
Happy new year 2022
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...
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.
--------------------
$RUNE/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 5.98 - 6.47
TP 1 : 6.625
TP 2 : 6.76
TP 3 : 6.91
TP 4 : 7.16
TP 5 : 7.64
TP 6 : 8.37
TP 7 : 9.29
TP 8 : 10.15+
Stop Loss : 5.452
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------
THORChain (RUNE) is a clear "WAIT" at the momentTHORChain (RUNE) is a clear "WAIT" at the moment...
... volume resistance has to be broken
... more volume for breakout needed
... breakout on OBV needed
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Rune usdt long scenario.I feel bullish on rune, as we saw recent rally above 17$ 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.
🆓THORChain (RUNE) Dec-6 #RUNE $RUNE
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 6$ zone
🔴Buy : 7 - 6
🔴Sell : 9 - 11 - 14
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 6$ zone
🔵Sell : 6
🔵Buy : 5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
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.
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.
THORCHAIN - LONGTHORchain has been struggling with some issues the past year or so... this has been holding back this project, however this particular setup has caught my eye, im awaiting a break in the trendline to the upside and then look to enter some positions, ideally on a retest of the trendline...
rune THORChain#1
rune neowave analysis
rune update . you can see previous analysis
PULLBACK on support zone ,good for entry
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!
THORChain (RUNEUSD) decision is nearTHORChain now has to decide either it goes up or down - sideways less possible.
Support by bullish divergence on 4 hourly RSI and possible break-out conformation on OBV.
If the green trendline on price chart breaks... well, its beginning was 20.07.2021 - so important IMO.
*no financial advice
do your own research before investing
RUNEUSDT LONGHello Traders,
RUNE is in a good position to buy. Depending on your Risk-taking and trading strategy, apply the following suggestions
From low risk to high risk buying instruction:
1- Buy after perfect break of the yellow line, reverse and then perfect reaction to the break ponit.
2- Buy after perfect simply break of the yellow line.
3- Buy after reaction to the green upward line.
4- Buy after reaction to the green oval range.
5- Buy right now!
Take progit
TP1: 13.413
TP2: 15.841
TP3: 20.697 (This price can be touched in a month)
Stop Loss:
From low risk to high risk selling in loss instruction:
After staying below the following prices
1- 8.557
2- 6.129
3- 3.701
ATTENTION:
Follow the principles of capital management.
Pay attention to your strategy.
No analysis is 100% accurate, even if it sounds perfectly good.
You are responsible for your own trades, so do it carefully.
Cryptocurrencies are volatile and have been highly correlated with bitcoin in the past
My RUNE long orders before possible uptrend rally to new ATHsThis idea will only be valid if RUNE/BTC also respect the middle of the channel and the fib resistence area (0.618-0.66).
Possibly taking some few profits (~40%) on both weekly resistence above. I say possibly because if resistence turns into support without even having time been rejected I wont take any. If resistence are respected as they are, I would take major profits but no more than 70% and keep the 30% in for moves above previous ATH.
RUNEUSDT , We should be conscious for buyingGood morning guys
Today we analysed one the powerful project in crypto that name is ThorChain
In here we had a rally that started from long days ago and now after new breakwave we need to have pullback to the area that we broken
We had a little pullback but its not enough for continuing the way and in abou 17$ is the place of settlement for traders and in here in buy zone area we can buy and take long position until the 1st target reach and after it can break successfully the 1st Tp the others one is in our way
In buy zone area we need to take signal in multi-time frame like 4h - 1h - 15mins - 5 mins and ...
After we take signal like hammer or ascending cover or pattern price we can take position and put our stop loss as same as we shown on chart
Becareful because maybe the price should come down to stop hunter the buy position below that hammer that made
If you have any question just send us a message
Be with us and reign
Good Luck
Abtin