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
Thorchain
$RUNE - going to under $2 ??Here's a look at Thorchain, ticker $Rune
This looks like it an incomplete wave 2, having completed the X leg after getting rejected below the 88.7% fib. The corrective fib (multi color) and the impulsive fib (orange) line up between 1.60 and 1.20. This matches up with an Inside pitchfork, on the 2nd S.dev (standard deviation) line...the pitchfork isn't shown here to keep things a little cleaner.
Time target for the bottom is between beginning of February to mid April. These dates are also where the 2nd S.dev line intersects the two fibs, so we have some technical confluence.
There should be trade opportunities in between for those that want to swing this coin. I've labelled the 3 wave corrective move to come where it coincides with the supply and demand zones as well as the median and 1st S.dev lines of the pitchfork. Roughly the targets are $3.50 and $10, though i cant be sure of the time frames, likely Dec/Jan i think.
If you're a long term crypto bull and want some alt exposure to (as i understand it) a solid project, this would be a great opportunity to load up. I should mention that im not a crypto dev and dont know much about the technical aspects of this token, but i've heard from some crypto devs that its a solid project, unlike a lot of the Doge clones popular with the kids these days. But as always, DYDD as this is not financial advice.
This analysis is invalidated if $Rune crosses $21.60 or falls below $1
👨🎤🎸 RUNE -Up 40% Since Last Post🤘⚔️Exact same post like last time with a little update:
Price got rejected at the 15$ mark which it will likely attempt to breach in the next hours/days forward. Will the price flirt with new all time highs (21$) ?
Most likely it should
⚔️Fundamentals:
Full release on November 1st 🤘
''$THOR will first be launched on Thorstarter on November 1st.
''This will be a capped token launch, meaning each participant is capped at $300 per participant. This is intended to encourage much broader community participation (minimum 2500 participants) and to limit whale activity.
Thorstarter has built a first-of-its-kind model: a token launchpad that combines decentralized liquidity with an investment DAO and helps to bootstrap promising projects!https://thorswap.medium.com/thor-launch-begins-november-1st-on-thorstarter-94eb11dedd80''
The Thorchain price popped sharply on Friday even as other cryptocurrencies pulled back. RUNE is trading at $10.30, which is about 62% above the lowest level this month. This performance brings its market capitalization to more than $2.3 billion, making it the 60th biggest cryptocurrency in the world.
What is RUNE?
Thorchain is a blockchain project that was built using Cosmos blockchain technology. It is a cross-chain decentralized exchange (DEX) that uses the automated market maker ( AMM ) model. The network allows traders to trade cryptocurrency assets. RUNE is the native currency for this ecosystem and is what powers the technology.
Let's hope that Bitcoin helps...
(ps. Thanks to my good friend, the Big Bulgarian Bear, for the info and links)
One Love,
the FXPROFESSOR
RUNE: Target hit perfectly.I don’t know what to expect now. I’m fully out of this trade, but i’ll start to buy something back once we touch the yellow trendline again.
If the price consolidates under the $15 resistance for some time, it will be a bullish signal for me and i’ll buy back hard. In the last few weeks a lot of altcoins had bullish consolidations under resistance just to explode shortly after.
Thorchain (RUNE) Bottom @ $2.98, 62% gain back to ATH @ $21.09Thorchain (RUNE) Update: 25/10/21: Bottom @ $2.98, 62% gain back to ATH @ $21.09. Since the buy signal triggered on the daily chart, RUNE has grown over 80% in the last 5 days. 100% Gain to the 127.20% fibs @ $26.01 and 149% gain to the 161.80% fibs @ $33.27. Please see previous analysis below. Happy Trading :)
Thorchain (RUNE) Update 19/10/21: Bottom @ $2.98, 200% gain back to ATH @ $21.09.
Rune price targets from the current price level:
127.20% at $26. 01 (100% Gain)
161.80% at $32.27 (149% Gain)
261.80% at $50.38 (287% Gain)
423.60% at $79.68 (515% Gain)
Please see previous analysis below. Happy trading :)
Thorchain (RUNE) Bottom @ $2.98 05 /10/21: Thorchain (RUNE) Bottom found @ $2.98 on the 20th July, expect 200 MA retest and break above this key level @ $8. We expect RUNE to retest the ATH level over the next few weeks/months. From the 31st March until the crash on May 19th (48 Days), Rune rallied 167% from $7 to $21.27.
Rune is on course to recover to previous Highs experienced during March, April, May as the 13 EMA crossover above the 50 SMA signals strong bullish momentum (Swing Call Script Activated). We have been buying the bottom since the crash for Rune between $3-$7 with long targets back to the ATH @ $21.27, 200% Gain from current price level. This will not be a straightforward push back to the ATH but we can expect 2-3 different push phases.
👨🎤🎸 RUNE - $THOR Token Launch! 🤘⚔️⚔️Fundamentals:
Full release on November 1st 🤘
''$THOR will first be launched on Thorstarter on November 1st.
''This will be a capped token launch, meaning each participant is capped at $300 per participant. This is intended to encourage much broader community participation (minimum 2500 participants) and to limit whale activity.
Thorstarter has built a first-of-its-kind model: a token launchpad that combines decentralized liquidity with an investment DAO and helps to bootstrap promising projects! thorswap.medium.com ''
The Thorchain price popped sharply on Friday even as other cryptocurrencies pulled back. RUNE is trading at $10.30, which is about 62% above the lowest level this month. This performance brings its market capitalization to more than $2.3 billion, making it the 60th biggest cryptocurrency in the world.
What is RUNE?
Thorchain is a blockchain project that was built using Cosmos blockchain technology. It is a cross-chain decentralized exchange (DEX) that uses the automated market maker (AMM) model. The network allows traders to trade cryptocurrency assets. RUNE is the native currency for this ecosystem and is what powers the technology.
Let's hope that Bitcoin helps...
(ps. Thanks to my good friend, the Big Bulgarian Bear, for the info and links)
One Love,
the FXPROFESSOR
RUNE: Approaching an important zone.RUNE has seen some massive gains over the last days, jumping from $7.5 to $11.5. It is now approaching an important price point, well respected various times already.
This can be a good time to book some profits. Those who bought at $7-8 are up ~50% and are yet to take profits as shown by the parabolic move.
On the other hand, If it does clear the $12 area, it’s full send to $14 imho.
Regardless, be careful if you long this. We are just under resistance. Good luck!
⚔ RUNE smashing levels-broadening wedge-- There are still 3 hours left for this daily candle to close, so in case it breaks out of the wedge I will update this idea later. --
After forming a double bottom under 200EMA on daily chart, yesterday the price smashed right through both moving averages and the key level of 9.23 finally reaching the top of the broadening wedge formation where it faced strong rejection.
It would be healthy price action if we saw a pullback to retest the daily dynamic resistance as well as key level (9.23) But keep in mind even though RUNE is now trading above all major resistances it is still inside of a descending formation.
Entry: average buy 9.70 - 8.40 -- or wait for breakout from the formation (buy above 10.5 on a local pullback)
TP1: 10.57
TP2: 12.91
TP3: 16.82
TP4: 21.29 (~130%)
TP5: OPEN++
Potential breakout on Rune After months of accumulation/distribution I think there is a breakout opportunity. I think this is due to the positive sentiment of crypto and the refusal to drop further on the demand levels. I also see the trend forming a pattern that is starting to look like a positive breakout
Thorchain (RUNE) Bottom @ $2.98, 200% gain back to ATH @ $21.09Thorchain (RUNE) Update 19/10/21: Bottom @ $2.98, 200% gain back to ATH @ $21.09.
Rune price targets from the current price level:
127.20% at $26.01 (259% Gain)
161.80% at $32.27 (346% Gain)
261.80% at $50.38 (600% Gain)
423.60% at $79.68 (996% Gain)
Please see previous analysis below. Happy trading :)
Thorchain (RUNE) Bottom @ $2.98 05/10/21: Thorchain (RUNE) Bottom found @ $2.98 on the 20th July, expect 200 MA retest and break above this key level @ $8. We expect RUNE to retest the ATH level over the next few weeks/months. From the 31st March until the crash on May 19th (48 Days), Rune rallied 167% from $7 to $21.27.
Rune is on course to recover to previous Highs experienced during March, April, May as the 13 EMA crossover above the 50 SMA signals strong bullish momentum (Swing Call Script Activated). We have been buying the bottom since the crash for Rune between $3-$7 with long targets back to the ATH @ $21.27, 200% Gain from current price level. This will not be a straightforward push back to the ATH but we can expect 2-3 different push phases.
Thorchain - RUNE to the MUNEBeen a rough couple months of accumulation for a lot of coins, I think we begin a new cycle and double ATHS going into Nov-Dec.
Not financial advice.
👨🎤🎸 The RUNE, the Rune, the rune is on FIRE 🤘⚔️Professor is in a GOOD mood today.
I know a break-out when I see it and Rune is the next potential break-out.
I am listening to this by the way: www.youtube.com 👨🎤🤘
thorchain.org for fundamentals, if you don't know the project already.
Market Cap at 2,3 Billion can easily reach 5 billion given to what is happening in comparison (ICP at 13 for example...why?)
One Love,
Let's PUMP IT UP party people!
the FXPROFESSOR
RUNE - Next to Pump?Chart is in our liking, over the biggest resistance and far away from all time highs..Looks good!
Thorchain is a project we have covered before, not one of ur top-picks but definitely in our radar and occasionally in our portfolio.
Could this be Rune'S WEEKEND TO SHINE? Possibly!
News:
How To Participate In The Rune & CoinMarketCap Airdrop
NFTs and other digital items worth $75,000 will be won by 1,000 lucky participants.
Another Airdrop Beckons
The fantasy role-playing game, Rune, has launched a must-see airdrop campaign. Crypto tools website, CoinMarketCap will host the airdrop.
In an August 25 tweet, Rune announced the campaign and disclosed what participants would be winning:
"$70,000 in NFTs and Item Drops, 1,000 Winners!" the platform tweeted.
According to the tweet, the airdrop campaign will last from Aug 25 till Sept 8, 17:00 UTC.
One Love,
the FXPROFESSOR
Rune , nice R/R tradehello my friends , do not forget to push like for more updates , i introduced Rune at 3-4 $ , i see bright future for rune and i have a big bag of it . layer 1 of layer 1 s , price is in support right now , if it can fix in and above support it will go to orange tps , invalidation will be close below support