RUNE - ANOTHER LEG UP?We've seen this in the past. Is history going to repeat itself? If so, prepare for another 3x!
RUNEUSD trade ideas
Rune completed Elliott wavesHello everyone !
As you can see all waves have been completed, So it might be the time for the price to retracement, I think if Rune loss the 3 Dollar Support Level, Its safe to say that this token would loss a lot of value.
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thorchain in the 2nd wavecrab harmonic pattern:
X=$45.2
A=$0.004
AB=0.38 XA
BC=0.38 AB
1.6 BC=$0.32
2 BC=$0.54
2.24 BC=$0.74
2.6 BC=$1.21
3.6 BC=$4.55
0.78 XA=$6.17
4.23 BC=$10.28
0.88 XA=$15.65
1.13 XA=$151
6.85 BC=$323
1.27 XA=$567
1.41 XA=$2047
1.6 XA=$14167
Rune/USD Short term bearish before breakoutRuneUSD has pulled back from the upper trendline resistance
The most probable scenario in the short term is gonna be a pullback towards its support around 8.35$, which is an area where i would accumulate.
After this, and if support will hold, we should re-test the upper trendline around 10.73$, before breaking out of the triangle pattern.
If a clear breakout occurs, the target should be around 16.55$
This should help get a medium term picture of the opportunities offered by Rune atm.
Enjoy staking moar coins!
Rune 4h TradeSetup: Rune has been up on an uptrend recently and has bounced off its 200D EMA, meaning the uptrend is still intact. Furthermore, Rune has good fundamentals in its ThorSwap, increasing demand for Rune
Entry: 9.6445
TP: 11.816( trail using SAR)
SL: Trailing SL using SAR
THORChain (RUNE) with bull flag breakoutTHORChain (RUNE) with bull flag breakout and room to grow on RSI.
Furthermore we got a nice bullish divergence even visible on the daily chart.
A break of $14.61 (FIB 78.6%) and the bull party can start.
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
THORChain RUNE in healthy correctionTHORChain RUNE in healthy correction after bearish divergence on RSI.
This correction started at FIB golden pocket ($12.13-$12.60) as I proposed 2 weeks ago.
A correction to volume support at $6.37 would be healthy and not concerning for Bulls.
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
RUNEUSD 50MA SupportIn this small downtrend formed on RUNE the 50MA has been tested twice and rejected bullishly both times, this is happening again on the 50MA currently, price will likely bounce off the 50MA and break the down channel
The 100MA was tested once during this downtrend (orange)
RUNE - daily timeframe viewpointCurrent momentum is still downwards . Price action is slowing down and can be considered rangebound. Break of either range will dictate its next move. Short-term higher highs or lower lows will be required. Once we receive these we should see the setup play out.
Trade safe,
Sunny Kumar
RUNE NEARING RESISTANCE - KEY ZONEAfter buying RUNE @ $3.50, Looking for a short back down the descending triangle.
OR we can see a breakout confirmation out to the topside.
RUNE - THOR Chain (1D)RUNE has seen a strong rally above the 150 MA - very bullish, avobe the 8 MA
Currently extending in overbought RSI, fast and slow.
Looking for price to top at the red dashed arc, and complete the 5th wave on the (1D) and begin an ABC correction on a 5-3-5 EW count.
RUNEUSDT BUY LIMITTrade using screener combined with orderblocks method, money management is on your risk.
THORChain (RUNE) with bearish divergence - correction healthyTHORChain (RUNE) with bearish divergence on RSI - correction healthy
A correction to volume support at $6.37 would be healthy and not concerning for Bulls.
At least at FIB golden pocket ($12.13-$12.60) a correction might start.
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
Rune15m quadruple bat patterns never seen a chart look so good I have rune in a butterfly pattern with a pcz just over 8 wave structure implies this is going much higher and this structure implies moon soon
i like rune here when this thing goes its gone
4 bats (3 bullish 1 bearish)
stacked bats rip hard
pin bar / liquidity grab below emas *especially 200ema on 5min*
oscillators giving trade signals
Thorchain (RUNE) Update: 420% gain back to the ATH, currently...Thorchain (RUNE) Update: 420% gain back to the ATH, currently RUNE is only 147% gain away from the previous ATH @ $21.90.
Rune looking hopefulIt's a beautiful view on the weekly. Decreasing volume over the whole trading range, then a spring-like pop at the end just recently. Currently testing the MA200 and a break out of the COG (bottom) looks likely if the MA200 is broken. Dunno, I like it though. I think we have a potential accumulative scheme over this whole structure and I expect a test to the top of the structure in the coming weeks/months.
5th wave target for RUNE is 10.815th wave target for RUNE is 10.81
5th wave target for RUNE is 10.81
HODL your spot
The ax is not that heavy! But it will go down anyway! RUNE looks tasty...... But... due to the oscilations of Bitcoin is very likely that he will eventually re-test the support.
Thorchain (RUNE) 420% gain back to the ATHThorchain (RUNE) 420% gain back to the ATH strong Buy Signal on the Daily
THORChain (RUNE) with confirmed breakoutTHORChain (RUNE) with confirmed breakout of price resistance trendline by daily close above $6.05.
Will this happen today?
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
RUNEUSD broke above the 1D MA50. Buy signal.RUNE had a great 1D candle yesterday, the strongest since February 2021. As it broke above the 1D MA50 (blue trend-line), a buy signal emerged, as this has been its Resistance since December 01 2021.
Last time the 1D MA50 broke following such a long-term correction, was on July 30 2021. The crossing of the MA50 gave an instant buy signal, with a Bull Flag later forming just after the price hit the 0.5 Fibonacci retracement level and the 1D MA200 (orange trend-line). The eventual High of that bullish sequence was made above the 0.786 Fibonacci retracement level, forming eventually the All Time Highs Resistance. Based on the above, we can expect at least a $12.00 High in Q2 2022.
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