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RUNERUNERUNE
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RUNE

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RUNEUSD trade ideas

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. Follow us, like the idea and leave a comment below!!
CRYPTO:RUNEUSD
by TheCryptagon
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. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RUNEUSDLong
by TradingShot
2
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). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RUNEUSDLong
by TradingShot
2
✴️ THORChain [NYA]We have a classic pattern here for RUNEUSDT (THORChain). The Adam & Eve pattern is a bottom formation and here we can appreciate a break and close above EMA50 as well. This can both confirms the bottom and pattern as having a bullish breakout. (Supported by high volume not shown on this chart) The MACD has gone bullish and the RSI is super strong above 60, daily timeframe. RUNEUSDT can easily move to 1.90 short-term, medium-term it can go above 5 or even 6 with much more potential available in the long-term. Namaste.
CRYPTO:RUNEUSDLong
by AlanSantana
3
Meditations of the stoic emperor I buy with few amounts every month cause in this case fomo is sacred, fomo is not bad for hundreds of KX or tens of KX as long as 1 is valid Wave 3 is not the shortest wave and since the higher the price is the higher the bubble will be i think the target is 1.27 & 1.618 possibly higher levels, study fundamentals My guestimate for buying huge is 0.618 but the bear might go to the cave at 0.5 on rune since btc might turn bullish Do as you think it is right cause at the end it is relatively right Long live the holder
BINANCE:RUNEUSD
by UnknownUnicorn10828932
7