RUNE/BTC: Key Resistances for Parabolic Move Ahead📊 RUNE/BTC Analysis
RUNE against Bitcoin is facing a historically important level that has reacted 8 times since 2020!
🔹 This static level has acted as both support and resistance at different times. Right now, it's acting as resistance again, but if broken, there's a high chance it will turn into
RUNE/BTC ThorChain Bullish Exit. Chance to triple your Bitcoin!BINANCE:RUNEBTC is forming a perfect trade setup with a clear defined stop loss and a few targets at +50%, +75% and 3x the current price.
I've been watching RUNE for a long time, and I have made two calls in the past year that were both correct in direction but never reached their targets.
The
THORChain Double-Bottom & Local Support (100%+ Growth Potential)Here we have a very nice chart setup because we have two sets of bullish signals; the first one is a double-bottom between August 2024 and October 2023 and the second one is a move above 'local support.'
As long as RUNEBTC trades above this blue line, local support, the pair can be considered extre
Trading Signal for RUNEBTC Currency PairDirection: Sell
Enter Price: 6.829E-05
Take Profit: 6.691E-05
Stop Loss: 7.001E-05
We advise entering a sell position for the RUNEBTC currency pair at an entry price of 6.829E-05. The take profit level is set at 6.691E-05, and the stop loss is set at 7.001E-05.
This recommendation is based on our
RUNEBTC 1HThe given bearers for the RUNE/BTC pair are 0.0000281 and 0.0000252. These are the levels where prices have had a hard time falling in the past. This means that these levels can be considered 'floors' or 'barriers', where the fall in price can slow down or be stopped.
The resistances are at 0.00003
RUNE BTC USDTTHORCHAIN
Strong fundamentals
After multiple blockchain integration , we got savers (earning passive) ~ NATIVE only not wrapped.
Easy swaps natively.
More upcoming = Lending / borrow
Minting and Burning
Kill switch completion Ahead
Technicals :
Bullish Reversal Megaphone + Double bottom + Bulli
RUNEBTC 1DRUNEBTC is still heavy, even coming out of the accumulative triangle, it didn't get buying strength to explode upwards and sideways, now we expect that this resistance at 0.0000734 will be the last and then it will surpass the resistances of 0.0000865/ 0.0000946 and 0.0001080 and reach your target.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.