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
RUNEUSDT trade ideas
Trade signal | THORChain (RUNE) setup for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Recently we caught more than 27% pump of RUNE as below:
Now on a 4-hr time frame, RUNE has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RUNEUSDT - BULLISH OUTLOOKRUNEUSDT is currently exhibiting a bullish trend on the Daily Time Frame, suggesting a potential extension of the upward momentum. The 1-hour time frame further reveals a bullish divergence, reinforcing the positive outlook.
For entry, consider a price zone between $5.55 and $4.80,
with a strategic stop loss set at $4.50 to manage potential risks effectively.
The take-profit levels are structured as follows:
Take Profit 1 (TP1): = $6.60
Take Profit 2 (TP2): = $7.65
Take Profit 3 (TP3): = $8.70
Take Profit 4 (TP4): = $9.75
Take Profit 5 (TP5): = $10.80
This setup integrates structured profit-taking at different levels, providing a balanced approach to potential market movements. Continuous monitoring of price action is recommended, allowing for adjustments based on evolving market conditions.
RUNE ImpulseAbsolute beast of a ripper on RUNE.
Putting a possibility of attacking that 3.618 algo. Bear in mind that we might have not yet completed that wave 3.
Honestly i woulndt play with fire and long this one now.
Great chances that we take some time to form wave 4 right now as well just like on LINK.
RUNE/USDT The breakout for a long trade in has been confirmed!The chart clearly indicates that RUNE has broken out of its resistance. Now is an opportune moment to initiate a long trade.
#POLYX/USDT LONG SCALP 🍀
Leverage: 3x
Entries: $5.940
Take profit 1: $6.291
Take profit 2: $6.850
Take profit 3: $7.205
Stop Loss: $5.353
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced. BINANCE:RUNEUSDT.P
Rune "Riding the Wave: A Strong Buy Signal Emerges!"**Thorchain (RUNE) Fundamental Analysis**
**Overview**
Thorchain is a decentralized cross-chain liquidity protocol that allows users to swap native assets between different blockchains without the need for wrapping or pegged tokens. It is powered by its native token, RUNE, which serves multiple purposes within the network, including:
* **Staking:** Staking RUNE helps secure the network and earn rewards in the form of RUNE and other supported assets.
* **Governance:** RUNE holders have the right to vote on network proposals and participate in the governance of Thorchain.
* **Liquidity Provision:** Providing liquidity to liquidity pools on Thorchain allows users to earn yield from transaction fees.
**Fundamentals**
* **Unique Value Proposition:** Thorchain's native asset swap functionality provides a unique value proposition compared to other cross-chain protocols that rely on wrapped or pegged tokens.
* **Growing Decentralized Exchange (DEX) Ecosystem:** Thorchain's ecosystem is expanding with the addition of new DEX interfaces and the development of new features like dual liquidity and savers vaults.
* **Strong Community Engagement:** Thorchain has a vibrant and engaged community that is actively involved in the development and governance of the project.
**Recent News**
* **THORChain Price Upswing:** RUNE's price has been on an upswing in recent months, reaching over $5.00 in December 2023.
* **Cosmos Integration:** Thorchain announced its integration with the Cosmos Hub, which allows users to swap assets between the Cosmos ecosystem and other supported blockchains.
* **Expansion of Validator Nodes:** The number of validator nodes on Thorchain's network has continued to grow, increasing the network's security and decentralization.
**Disclaimer**
Cryptocurrency investment is inherently risky, and past performance is not a reliable indicator of future results. Please do your own research and consider your financial situation before investing in any cryptocurrency, including RUNE.
Trade signal | THORChain (RUNE) setup for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Previously we caught more than 400% pump of RUNE as below:
On a 4-hr time frame, RUNE has formed a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RUNEUSDT (4H) - Bullish reversalHi Traders
RUNEUSDT (4H Timeframe)
Waiting for the upward break of 5.63 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 5.05 would cancel the bullish scenario.
Trade details
Entry: 5.63
Stop loss: 5.05
Take profit 1: 5.98
Take profit 2: 6.56
Score: 7
Strategy: Bullish reversal
RUNE - Respecting Trend
Rune is trying to bounce off our purple macro trendline that we outlined in the post above. If we are able to break our white trendline of resistance we could see a move all the way to the 0.382 of our macro trend/ 1.618 of our micro trend. This means we could see our next level of resistance around $8.60-$9 if we are able to hold support around this $5 level.
Our Daily RSI is also trying to hold a structural level of support.
rule longRune Stones: Runes are characters or symbols that were historically used in ancient writing systems. Some people find the use of rune stones in divination or meditation practices intriguing. Each rune symbolizes specific meanings or energies, and people may use them for guidance or introspection.
"Rune Long": If you meant something else by "rune long," it could be a term or idea specific to a particular context, culture, or subject. Without more information, it's challenging to provide a precise response.
"Your strength is finished?👀
🔴"Buyers have started a tough battle. And so far, they have been able to increase the value of rune by 244 percent."✅
🔴"But have their strength run out❓"
🔴If buyers are unable to sustain the upward price movement, our first trigger is 5.231, with angry sellers and a break of the support line.🔆
🔴I think the buyers have used up their last strength. What is your opinion? Who do you think will win the battle?⚠️
Rune HTF analysis ●Rune is trading at the Daily +FVG
●It's crucial for Rune to hold $5.729 level and $5.510 level mean Rune should not give daily candle closing below these levels.
●Hodling these levels mean Rune will go up for $7.777 and the main target $9.891
●losing $5.729 & $5.510 then we might see Rune go down for $4.550 and $4.035 levels...
●$4.550 & 4.035 Will be the buying zone for Rune
RUNE is turning to bearish trendOn the chart, we have an important level, which we determined that if we have several 4-hour candles under this level, the bearish view on the rune will increase, and the second confirmation is a bearish ch, which, if it occurs, can drop the price to the green area.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You