$RUNE possible 5th wave extended. CRYPTOCAP:RUNE possible 5th wave extended.
possible targets for RUNE are $2.4 normal 5th wave, and $3.6 for an extended 5th wave.
RUNEUSDT trade ideas
RUNE retesting resistanceRUNE UPDATE: RUNE at daily bearish OB again…. RUNE need to break above 2.077 on daily TF for bullish continuation and if it get rejected here again, we might need to revisit 1.649 for daily support again…. Those red price above are the take profit zones if we flip daily resistance as support ok daily timeframe…. I might look for short here if I see any change of character on 15mins timeframe….. stay safe
Chat me up me if you want trade setup for profit outcome and follow for more trading analysis
RUNE Cup and Handle target 2.52h time frame
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RUNE is creating a potential cup and handle srtucture, also in the phase of continuation structure, which pumping wave is 0.905 ~ 2.028. Critical resistance is obvious at 1.973, if RUNE can break above it then we can have higher target based on the cup and handle structure.
TP: 2.493~2.665
SL: 1.414
#RUNEUSDT.P - RETRACEMENT TIME !If we look at the daily chart we can see very clear Bullish Flag. But when when we look at the low time frame, it must make a retracement. Because of that; my idea #RUNEUSDT.P will make a correction for go more higher !
You can see my targets on the chart !
It's not an investment advice !!
Rune Sell EntryWelcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
Falling Wedge, wait for breakoutChart 1H TF
I figured out a reversal pattern, Falling Wedge.
This pattern combines with Support zone around 1.7 that is very good for reversal.
So wait for a signal to confirm this pattern
Rising Wedge or Diagonal Wave | Short BiasChart 4H TF
I figure out a Diagonal Wave might be done around 2 or little higher
RUNE has Resistance by Previous High around 2 and Support by Ascending Trend Line
If my analysis is true, I expect RUNE will come back to 1.72 then up and down awhile
So wait and see what happen
RUNE Trend End🔆#RUNE Analysis : TREND END ⛔️⛔️
As we can see that #RUNE was in uptrend but there is a bearish diversion in RSI so there is no more uptrend and there are two support zone. This may come back into trend after retest the support zone.📈📈
🔖 Current Price: $1.722
⏳️ Target Price: $1.390
⁉️ What to do?
- According to the chart it will go down to 1.400. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RUNEAnalysis #Cryptocurrency #TrendEnd #DYOR
RUNEUSDTRUNEUSDT just enter into the bearish trend.
Bearish divergence also shown in RSI.
Printing LH and LL.
This indicates trend is going down.
We wait and watch for the breakout of last LL.
RUNE 2 countsYellow count represents wishfull thinking. IT would look like an absolute beast of an impulse.
THen we could prepare for the potential pullback and set our longs.
Red count would be more realistic.
While red ii took time to correct, wave iv was just a consolidation.
Cant be sure of the actual count so i provide both...
Will update
If this analysis helped you, dont hesitate to support my work. Thank you :)
Rune Futures | Possible Short Position In my opinion, the recent rises are nothing but a new correction wave and the forced removal of old bears from the system to make room for new bears.
A Short position should work perfect if we could reach the area between 1.7 & 1.8
And we can book some profits starting from 1.555
RUNE/USDT probably +12%?I saw a lot of buying pressure in the past few days, and the trend still appears to be bullish.
Order Book also shows that there are a lot of long orders where the green box is, and very less sell orders. I don’t think that we will go past the TP3, but like I said there aren’t many sell orders, so the trend might continue.
RSI is also looking great, and I expect RUNE to go up even more in the upcoming days.
If you decide to open a position I don’t recommend doing it on Futures because the market has been very volatile.
Triangle Breakout Signals Bullish Momentum for RUNEUSDT💎 Since its low in June, #RUNEUSDT has demonstrated impressive strength, boasting a remarkable 140% price surge. This performance places it among the top performers in recent times. Notably, the price journey broke free from a descending channel, catapulting from $1 to the psychological resistance at $2.
💎 Following this substantial upward move, a consolidation phase ensued. During this period, #RUNE established robust support at $1.385, corresponding to the 38.2% Fibonacci retracement level. Within the confines of this consolidation, a triangle pattern took shape. Recently, #RUNE decisively breached the upper boundary of this triangle, signaling a robust bullish sentiment.
💎 Simultaneously, the breakout extended beyond the confines of the previous descending channel. This demonstrated a compelling surge in buying pressure. As a result, it's reasonable to assume that the overall trend remains bullish. According to Elliott Wave theory, there appears to be potential for at least one more upward wave.
💎 Evaluating the factors at play, including the strength of the preceding uptrend, the presence of trendline resistance, and the 161.8% Fibonacci retracement level, we can anticipate #RUNE's next move. There is a high probability of #RUNEUSDT aiming for the $2.434 resistance area in the near future.
💎 Nevertheless, Paradisers, it's essential to remain prepared for potential range-trading and even short-term pullbacks before the uptrend fully resumes. Given the recent pace of growth, any uptrend resumption is likely to be relatively swift.
RUNE SHORTRUNE look good to short
Did CHoCH on 30mins TF and I'm expecting a retest of the OB above
Short from the OB above
Rune analysis Rune should dump
POI on Daily timeframe is 1.743..losing 1.743 level on weekly chart and next target for Rune will be 1.588..
*Daily POI is 1.743
*4h POI 1.717
Rune/Usdt Short Rune 4h frame Bat Harmonic
Entry 1 : 1.936
Entry 2 : 1.974
Target 1 : 1.764 (9.70% )
Target 2 : 1.699 (13.12 % )
Target 3 1.634 (16.40% )
Stop loss : 2.052 (-5%)
RUNEUSDT → A retest of resistance could break the line BINANCE:RUNEUSDT gives us new prerequisites for further strengthening of the price. Another resistance retest is forming, which can break this zone on the background of local BINANCE:BTCUSD growth
Several key elements are marked on the chart. The descending wedge, resistance retest, pre-breakout consolidation - all this can be regarded as a complex signal for a breakout of resistance. On the background of bitcoin's local strengthening, which occurs after breaking out of resistance, this could date a chance for RUNE and in such a case, the price when breaking through the indicated line could head towards 3.04 and give us almost 60% net move.
The moving averages formed a strong signal a few days ago, which could be confirmed soon when the price breaks the upper boundary of the range
Support levels: 1.722, 1.433
Resistance levels: upper boundary of the wedge, 1.942, 2.015.
I expect that on the background of the next retest of the trend resistance the price may break it and start an active phase of strengthening towards 3.040
Regards R. Linda!
Breakout by Breakout | Long BiasWeekly Chart
Wait a breakout and close above 1.9 that's confirm for next bullish up to 3.1
Chart 4H TF
RUNE is trading around 1.82x it closed above 1.72 and moving up to 2
RUNE can go up and down in range 1.7 - 2 awhile before breakout, so this time for collect part by part.
Time will tell
#RUNE/USDT 1D (ByBit) Descending trendline fakeoutTHOR Chain is about to print an evening star deviation and RSI looks overbought, seems likely to retrace down to 200MA support.
⚡️⚡️ #RUNE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 5.0%
Current Price:
1.649
Entry Targets:
1) 1.727
Take-Profit Targets:
1) 1.292
Stop Targets:
1) 1.945
Published By: @Zblaba
CRYPTOCAP:RUNE #RUNEUSDT #ThorChain #DeFi
Risk/Reward= 1:2
Expected Profit= +80.6%
Possible Loss= -40.4%
Estimated Gaintime= 4-6 weeks
thorchain.org
#RUNUSDT IDEACRYPTOCAP:RUNE is on the strong resistance, im looking for a SHORT now
ENTRY: 1.591 - 1.619
SL: 1.663
Tp;
1). 1.510
2). 1.445
3). 1.375
RR: 1:3
💡Trade Idea #RUNE/USDT:Some of you asked me to analyze t#RUNE. Here you go, this is what I see. This #cryptocoin has a huge percentage movement. Use smaller leverage if you are going with this one.
Brief Analysis——RUNEThere was a significant increase in RUNE some time ago, with the price rising from 0.92 to 2, almost doubling. The current price remains fluctuating above 1.4. Let’s make a brief analysis on RUNE today.
At the daily level, you can find that RUNE has been volatile after its rise in early August, and the price seems to start a new round of rise at a certain point.
However, judging from the signals given by the WTA indicator, whales participated in the initial rise, but gradually decreased during the subsequent fluctuation, until retail investors contributed all participation. This is not a good phenomenon. Continued fluctuation may mean that whales are continuing to take profits and close the position.
Switching to the 4h level, we can see that the whales have shown signs of reduction during the previous rise. In the green box, the giant whale seems to disappear all of a sudden. Although the RUNE remain rising, the whale has begun to take profits here. During the subsequent fluctuation, the number of whales was low.
What the WTA indicator reflected in the two cycles tells us that the whale has taken profits after raising the price. The rise may be coming to an end.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
RUNE/USDT 4H - Extension Breakout SHORTI've been looking at RUNE, After being able to set what seems to be a pretty good range, I'm going to wait for that Fibonacci extension to see how to price reacts at that zone.
-We have a juicy node that matches that 4h level
-Breakout seems playing well, currently looking for support trendline after breaks
-Waiting for the same reaction in BTC, that might be delayed
*Could be.. retest of the POC to jump to that 4h level.
