Rune H&S on it way..From the chart it seems its forming a H&S pattern and it can go to 5.05-5.1. If it breaks 5, then more downward move.
RUNEUSDT trade ideas
RUNE (the strong bull)RUNE / USDT
One of strongest coin in this bull wave of altcoins
Rune just made 3 consecutive breakouts one after the other
The last breakout (trendline) is the most important one
As long as it hold above major trendline in weekly basis it can push easily to 10$ or higher in short term
Not a financial advice
Indecision Zone then Massive Move | Short BiasOn week chart
The first sign what I see is the big indecision candle last week
Besides, the level $6 is also Golden Ratio 0.618 FibRe.
I'm waiting for breakout or breakdown to trade on lower timeframes
Time will tell
RUNEUSDT (Daily) - Bullish breakoutHi Traders
RUNEUSDT (Daily Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 6.67 resistance level. Only the downward break of 4.83 would cancel the bullish scenario.
Trade details
Entry: 6.67
Stop loss: 4.83
Take profit 1: 7.90
Take profit 2: 9.90
Score: 8
Strategy: Bullish breakout
Retrace? or party RUIN'd Elliott Wave
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RUNE update.
Rejected from area identified.
Bounced, a bit, off the precise price level identified.
Is it going to hold, though?
Here's the #Elliottwave patterns I am watching and corresponding levels.
here-4.50 ideal.
Below 4.00 🤨
RUNE USDT 10X Gains | Where to EnterRUNE USDT is indeed considered a promising project. If you're searching for an advantageous entry point in RUNE, this video is worth watching.
**Analysis:**
1. RUNE USDT has displayed bearish divergence and is in the process of correcting itself. According to Elliott Wave theory (EW theory), a possible ABC correction is expected.
2. RUNE USDT seems to be on a bearish trend, with the potential for the price to drop to approximately $1.34.
3. There is a potential further dip in the price of RUNE USDT, which could reach around $1.09. This could provide an optimal entry point for the RUNE token.
**Risk Involved:**
It's important to acknowledge the inherent risks in cryptocurrency investments. Market conditions can be volatile and unpredictable. Always be cautious and consider risk management strategies.
**Target:**
We anticipate RUNE USDT reaching values of $8 and $11 during the upcoming bull run. Entering the market at around $1.09 could potentially yield returns of 8X to 10X.
Nevertheless, it's crucial to emphasize that the price is unlikely to skyrocket to $8 and $11 immediately. Patiently holding your position is vital for achieving the desired results.
RUNE 1D CorrectionRUNE needs correction. You can see the targets on the chart. The closest support is approximately 4.5.
RUNEUSDT.PHello Trader BINANCE:RUNEUSDT.P
the area I take for short is very critical because the area is likely to bounce down.
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Disclamer: Not Financial Advice
RUNE 40-50% pull back few low market cap sky rocket to print 5x-10x profit ,Rune one of them .rune start showing weakness of upward move not too much room left for grow .
entry DCA : 5.5 to 6.16 $
SL :6.78
TP : 40-50% rejection
RUNEUSDT - Bullish TrendRUNEUSDT.P is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
$RUNE - LONG
RUNE in price narrowing for next price increase. If RUNE breaks the $7.5 support, it is most likely that we will go to $10
RUNE NEXT INJ?Thanks for reading this update.
RUne seems to have the trend of INJ that did increase this coin to higher level.
Rune "Unlocking Potential: The Perfect Entry Point for ProfitsShort Fundamental Analysis of RUNE
Native Cross-Chain Swaps: THORChain is a decentralized liquidity network that enables users to swap cryptocurrency assets across different blockchains without the need for intermediaries or wrapped tokens. This eliminates the risks associated with bridges and wrapped tokens, such as centralization and security vulnerabilities.
Trustless and Secure: THORChain's design is based on a secure and trustless protocol that minimizes the reliance on trusted intermediaries. The network is secured by its native token, RUNE, which incentivizes validators to maintain the network's integrity and security.
Growing Ecosystem: THORChain has a growing ecosystem of decentralized applications (DApps) that are built on top of its network. This includes DEX aggregators, lending protocols, and synthetic asset platforms.
Potential for Scalability: THORChain's architecture is designed to be scalable, with the ability to support a large number of assets and users. The network is currently in the process of implementing several upgrades to improve its scalability and performance.
Recent News
THORChain has announced a partnership with the Cosmos Hub, which will enable the two networks to interoperate more seamlessly. This integration will make it easier for users to swap assets between THORChain and the Cosmos ecosystem.
THORChain has also announced a new feature called "Savers Vaults," which will allow users to earn yield on their RUNE holdings by providing liquidity to the network. Savers Vaults will be a risk-free way for users to participate in THORChain's ecosystem and earn rewards.
Disclaimer
The information provided in this summary is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
RUNEUSDT.1DBased on the provided market data, the currency RUNE is currently trading at a price of 5.823 USDT.
From a technical standpoint, the 4-hour Relative Strength Index (RSI) is at 77.35, which is typically considered overbought. This could indicate that the market may be due for a correction or pullback. The Moving Average Convergence Divergence (MACD) for the same period is 0.302, suggesting a bullish trend.
On a daily scale, the RSI is at a very high 90.94, which is significantly overbought and could indicate a potential market correction in the near term. The MACD for the daily timeframe is 0.766, which is bullish.
Looking at the Bollinger Bands (Bb), the currency is trading slightly below the upper band in both the 4-hour and daily timeframes, indicating that it is trading near a high range, which could suggest a potential pullback.
In terms of support and resistance levels, the immediate resistance on the 4-hour chart is at 5.849, followed by 6.432 and 6.351. The supports are at 5.153, 4.563, and 4.102. On a daily basis, the resistance levels are at 8.962, 11.900, and 13.700, while the supports are at 3.446, 2.137, and 1.357.
In conclusion, while the currency is in a bullish trend as indicated by the MACD, the high RSI suggests that it is overbought and may be due for a correction. Traders should proceed with caution and consider setting stop losses to protect against potential downturns. This is just an analysis and not a trading advice. Please do your own research before making any investment decisions.
RUNE THE VOLUME COIN SEEMS TO COMEThank you for reading our update. Please keep in mind that this is not trading advice.
RUNE seems to build new volume what can bring RUNE TO UP $3
RUNEUSDTRUNE / USDT ( Futures )
Trade Type : long
Buy Between: 5.34$ TO 5.28$
Targets:
TP1: 5.40$
TP2: 5.52$
TP3: 5.64$
TP4: 5.75$
SL: 4.70$
This is how you should tradehope this helps your trading style , I have marked here few ranges for you to watch how the trade ranges and generate volumes in zones and then move up and down accordingly ..
Is that RUNE ready to go north?RUNE has been completed their descending broadening wedge after 308 days in 1W chart. but no need to rush since there are some many momentum to do. I personally will wait for several weeks for retest in 1.65 - 1.78 range or break confirmation in 2.02u
Also, 1.4u is a good for set stoploss range as a fakeout
NFA, DYOR
Runeusdt Big Buy opportunity RUNE has exhibited a bullish breakout from its prevailing downtrend resistance. This shift often indicates the potential commencement of a new upward trend or, at the very least, a temporary bullish phase.
Notably, we're anticipating a potential pullback towards the recently breached trendline. Historically, a retest of such a trendline after a breakout can provide a robust buying opportunity. If the price does revisit the trendline and respects it as a newfound support, it would pose an excellent buy opportunity. It's expected that the trendline will act as a strong defensive line against any bearish push.
The upside target for this potential long setup has been marked on the chart. As always, it's vital to ensure you have a clear exit strategy in place.
Ensuring proper risk management is critical. Keep a keen eye on the price action as it approaches the trendline. Should the price close beneath the trendline, it would likely invalidate our bullish outlook, suggesting the need for a strategy reassessment.
RUNE SCALP SHORT, STILL BULISH FOR LONGin the analysis below I have shown two scenarios that I see (the link will be in the description) rejection from 2.2 or continuation of filling all levels up to 3.35.
Since the second scenario happened, I expect a slight cooling to at least 2.7, and if it is risky to short the upward trend, Daily divergence on RSI is displayed and at 4H it is already taking place.
I remain bullish on this coin, but I will certainly try to hedge position
