RUNE Near targetI told you a month ago to wait to buy RUNE lower (or to sell if you use futures) and price is reaching my goal. I will update when i will start to enter long, waiting for a good setup
RUNEUSDT.P trade ideas
$RUNE - COSMOS Ecosystem Analysis SeriesI will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins.
Here is the fourth project in my long term buy list: Rune - ThorChain. I will be adding more RUNE on the dips to my buy zones shown on the chart.
Not a lot of people know this but the RUNE token has been developed with the COSMOS SDK and it is an integral part of the Cosmos ecosystem, represents a significant advancement in the world of decentralized finance (DeFi) and cross-chain interoperability. Here are some key facts about the RUNE (ThorChain) project:
Cross-Chain Liquidity Protocol: ThorChain is a decentralized liquidity protocol that allows users to seamlessly exchange assets across different blockchain networks without losing custody of their assets. This is a groundbreaking step towards true cross-chain interoperability in the DeFi space.
Native Token - RUNE: RUNE is the native token of ThorChain and plays a critical role in the ecosystem. It is used for liquidity, governance, security, and rewards within the ThorChain network.
Decentralized and Permissionless: ThorChain operates as a completely decentralized and permissionless network, enabling users worldwide to participate without the need for intermediaries. This aligns with the ethos of blockchain technology, promoting a trustless and open financial system.
Innovative Security Model: ThorChain utilizes a unique security model called "Continuous Liquidity Pools" (CLPs), which incentivize users to supply liquidity and thereby ensure the security and stability of the network.
Yield Farming and Staking Opportunities: RUNE token holders can engage in yield farming and staking, providing them with opportunities to earn rewards while contributing to the network's liquidity and security.
Resilient Against Centralization: ThorChain's design inherently resists centralization, promoting a more equitable and decentralized network structure, which is less prone to manipulation or control by any single entity.
Enables Direct Asset Swaps: Unlike many DeFi platforms that require intermediary tokens for swaps, ThorChain enables direct trading between different assets, simplifying the user experience and reducing transaction costs.
Community-Driven Development: ThorChain follows a community-driven approach to development and governance, allowing token holders and participants to have a say in the future direction of the project.
Focus on Transparency and Trust: The project emphasizes transparency and trust, with open-source code and clear communication channels, fostering a strong and engaged community.
Continuous Growth and Expansion: ThorChain is continually evolving, with plans to integrate more blockchains and expand its feature set, demonstrating a commitment to growing and enhancing the DeFi ecosystem.
ThorChain's RUNE project stands as a testament to the possibilities of cross-chain liquidity and decentralized finance, showing how innovative blockchain technology can break down barriers and create a more interconnected and efficient financial system.
Possible Squeeze Higher?Adding longs in Rune under 5.1 with tight stoploss.
Adding margin entry.
Risk managed.
Will close if holds below 5 or looks really bad.
I think it pushes higher from here.
Note: Not a Financial Advice.
RUNE ANALYSIS🔴 #RUNE Analysis : ❓️❓️
🔮There is a formation of Head and Shoulder Pattern in #RUNE. If the candle closes below the neckline then there will be a confirmation of breakdown which shows the continuation of downfall trend. We may see a fall in #RUNE📉📉
🔰 Current Price: $5.079
🎯 Target Price: $3.825
⚡️What to do ?
👀Keep an eye on #RUNE price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RUNE #Cryptocurrency #TechnicalAnalysis #DYOR
RUNE TWO ZONES FOR DCAA coin that made a return of 7x and which, in my opinion, is fundamentally very high quality. The zones I'm looking at for entry because more things match: the bottom of the range from February 5, 2021 to June 5, 2022.
Immediately a little below the weekly level plus 200DMA. That's a 65% discount to take advantage of. Of course, there is also the last zone of demand at $2.3, but I don't know if it will come and I don't want to miss it like last time.
If you like this free content, hit that rocket and check out some more of my analysis
RUNEUSDT in 4H wants to rune !!ascending pattern created...
Although the market situation is not clear, you can think about this
Rune Technical AnalysisTechnical Analysis For #Rune
On monday i found this trend before giving the short trade, most people will say that the price fall immediatly due to btc crash but the trend was very obvious.
RUNEUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement (marked as xxxx).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. same idea Ive always been using.. just a trade idea, not financial advise
🚨THORChain(RUNE) Can Drop more than ➖50%🚨🧐Today, I decided to analyze the THORChain(RUNE) project for you. The THORChain(RUNE) has grown more than ➕100% in the last month, but the question is whether the tour will continue to grow or not .
📚What Is THORChain (RUNE)❗️❓
THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks including Bitcoin and Ethereum without losing full custody of their assets in the process.
🏃♂️The THORChain (RUNE) is currently moving near important Resistance lines and the 🔴 Resistance zone($7.20_$5.80) 🔴.
💡 We can see Regular Divergence(RD-) between two Consecutive Peaks .
💡We can see Hidden Divergence (HD-) between two Main Consecutive Peaks .
🌊According to the theory of Elliott waves , if the THORChain (RUNE) breaks the resistance lines, we can validly consider the recent movement as the beginning of a main impulsive movement, and if the THORChain (RUNE) falls and loses the 🟢 Support zone($3.56_$3.00) 🟢, this upward rally should also be a corrective wave.
🔔I expect that the THORChain (RUNE) needs to be corrected to break the resistance lines and 🔴 Resistance zone($7.20_$5.80) 🔴, this correction could cause the THORChain (RUNE) to lose ➖50% of its value.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
THORChain Analyze (RUNEUSDT), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
RUNEUSDTBINANCE:RUNEUSDT Short idea
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR
Don't forget to 🚀 and comment
Rune $ Long Targets 10$ / 20$ Rune is looking bullish for the upcoming market, especially with all the decentralization happening in the Rune project. This could potentially be a 3 to 5 times return on your investment.
🚧RUNEUSDT is bullish🚧 & many Traders don't see it 👀!!!Hi.
➡️Pair shows a falling wedge pattern forming on the 4-hour chart which could lead to a bullish breakout.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
🌟 RUNE/USDT Trading Signal Alert! 📊💡 RUNEUSDT presents a promising opportunity for a 15% profit. However, stay alert as we will confirm this in the upcoming hours.
⏳ Be vigilant and stay tuned for updates!
rune getting ready for another bullish rally towards 10$seems like getting ready to clear bullish pennant consolidation in h8 timeframe and expecting successful breakout
incase of successful breakout expecting move towards 10$ in coming days keep eyes on that
RUNE VS TETHER DOMINANCE - ROTATION INTO ALT SEASON HAS BEGONRUNE ready to make a big move UP
Tether dominance falling to the floor
Rotation into alt season has begun...
Buckle up....
RUNEUSDT.4HBased on the provided market data for the RUNE/USDT pair, we can observe the following:
In the short term (4-hour timeframe), the Relative Strength Index (RSI) is at 41.18, indicating that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is at -0.079, suggesting a bearish trend. The Bollinger Bands (BB) midpoint is at 5.75, and the current price is below this, indicating that the pair is on a downtrend. The immediate supports are at 5.200, 4.797, and 4.533, while the resistances are at 5.752, 6.545, and 6.682.
In the medium term (1-day timeframe), the RSI is slightly higher at 44.06, and the MACD is at -0.068, both suggesting a bearish trend. The BB midpoint is at 6.056, and the current price is below this, reinforcing the downtrend. The immediate supports are at 5.108, 4.600, and 4.200, while the resistances are at 6.525, 7.350, and 8.700.
In the long term (7-day timeframe), the RSI is significantly higher at 74.41, indicating an overbought market and a potential reversal. The MACD is positive at 1.255, suggesting a bullish trend. However, the BB midpoint is at 7.459, considerably above the current price, suggesting an overall downtrend. The immediate supports are at 3.517, 2.243, and 1.433, while the resistances are at 6.685, 7.0, and the third one is not defined.
In conclusion, the market data suggests an overall bearish trend for the RUNE/USDT pair in the short to medium term, with potential for a reversal in the long term as indicated by the overbought RSI. However, it's important to take into account other market factors and news that might affect the price. Also, it's advisable to use other technical indicators for a more comprehensive analysis and to confirm these signals. This is just an analysis and not financial advice. Always do your own research before making any trading decisions.
RUNE might test lower levelsRune might retest lower support levels before continuing the longer term uptrend.
The first buy the dip target I have for Rune is $4.90-$4.83 zone.
If we close below 4.83 on weekly, we are headed for the next zone at around $3.30.
RUNEusdte open for purchase with SL at 5.5 is 1.84%
The first TP at the level of working out the wedge is 8.75%
The second TP at the level of working out the second wedge on the daily chart, the top of the yellow line is 16%
Good profits to all, please like and subscribe
Mock Up Price Action for RUNE | Mid Term (12HR)Mock Up Price Action for RUNE | Mid Term (12HR)
- Watching and waiting for opportunity to enter short
RUNE/USDT +7% TODAY SOOON !!The RUNE/USDT trading pair has exhibited a significant 7% gain today, indicating potential forthcoming opportunities. Traders and investors are closely monitoring this currency pair, anticipating possible market movements. This sudden increase could be attributed to various factors, including positive news developments, technical advancements, or emerging trends. It is crucial to remain vigilant and conduct in-depth analysis before making trading decisions to capitalize on this bullish trend.
RUNE(RUNEUSDT): One More Bullish Wave Coming 👋 ↪️The price of 📈RUNE has surpassed and successfully crossed over a declining resistance line of a descending triangle pattern on the 4-hour chart. Currently, it is undergoing a test of a strong support area accompanied by a bearish candlestick with high momentum.
The next resistance for the buyers seems to be at 7.200, which will likely be their next target.
For potential entry points, it would be wise to wait for occasional retests of the previously broken resistance, which now acts as a support...Trades safely 👍✅️
RUNEUSDT (Daily) - Bearish reversalHi Traders
RUNEUSDT (Daily Timeframe)
Waiting for the downward break of 5.0530 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 6.4880 would cancel the bearish scenario.
Trade details
Entry: 5.0530
Stop loss: 6.4880
Take profit 1: 4.1660
Take profit 2: 2.7400
Score: 4
Strategy: Bearish reversal
