RUNEUSDTWe can attempt to short RUNEUSDT from specified level if it break HL , also there is bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
RUNEUSDT trade ideas
RUNE/USDT: LOOKS READY FOR A 100% PUMP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
RUNE looks good here. Breaking out from the falling wedge pattern in a 12-hour time frame and currently retesting the wedge. Buy some here at this retest level and add more in the dip.
Targets:- $4.96/$7.22/$8.88
SL:- $3.18
What are your thoughts on RUNE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Buy Trade Idea for RUNE (THORChain)Description
RUNE, the native token of THORChain, presents a promising buy opportunity due to its strong fundamentals and growing role within the decentralized finance (DeFi) space. Key factors supporting RUNE include:
Cross-Chain Liquidity: THORChain enables seamless, decentralized cross-chain trading between major cryptocurrencies, including Bitcoin, Ethereum, and others. This positions RUNE as a critical asset for facilitating liquidity across various blockchain networks.
Growing DeFi Ecosystem: As DeFi continues to expand, THORChain plays a vital role in supporting decentralized exchanges (DEXs) and liquidity pools, creating significant demand for RUNE tokens within its ecosystem.
Token Utility: RUNE is essential for network governance, security, and liquidity provision. It acts as a settlement asset within the protocol, making it an integral part of THORChain’s growing ecosystem.
Increased Adoption: With THORChain gaining attention from the broader DeFi community and its protocol improvements, the adoption of RUNE is likely to grow, driving long-term demand.
These fundamental factors make RUNE an attractive option for investors seeking exposure to the expanding DeFi market.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Will RUNEUSDT Breakout Lead to a Massive Surge?
Yello Paradisers! Could this be the moment #RUNEUSDT finally breaks out for good? Let’s dive into the recent action and find out if this is the move we’ve been waiting for!
💎#RUNEUSDT has been showing strong fundamentals, and recently, it has broken out of a descending resistance trendline on the major timeframe. After the breakout, the pair successfully retested the trendline, now acting as a support level—a bullish signal for potential upward movement.
💎The pair is sitting just above a solid support area, which increases the chances of a move to the upside. The current trendline, once a resistance, has now flipped to support.
💎The pair will face resistance at $4.388, a minor zone to keep an eye on. Should market sentiment turn bullish, further resistance is expected at $5.30, followed by a stronger barrier around $7.00.
💎If the bullish momentum holds, RUNEUSDT could first target $3.494, as this trendline support provides a solid base. After overcoming the $4.388 resistance, the path to higher levels opens up, possibly reaching $7.00 if the market continues to show strength.
💎However, the bullish outlook will be invalidated if RUNEUSDT sees a daily candle close below the key support level at $3.197. In this case, further downside could be expected.
So, what’s your move? Will RUNEUSDT make a run for it, or will support break down? Stay focused, Paradisers. The next few days will be crucial!
Stay sharp, Paradisers! The next few moves could offer some excellent trading opportunities, but always remember to manage your risks. Discipline and patience are key to navigating this market successfully. Let’s keep pushing forward and make the most out of these setups!
MyCryptoParadise
iFeel the success🌴
RUNE Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
RUNE is one of the oldest Layer 1 projects with solid utility. The price recently faced rejection at the 50 EMA resistance and is now leaning toward the $3 support level.
This support is crucial for RUNE because a breakdown, followed by a weekly close below it, could push the price down to $1.2. For a bullish scenario, RUNE needs to rebound from the $3 support and break above the 50 EMA to test the resistance trendline around $7.4.
The RSI is nearing the oversold zone, suggesting there is still some room for the price to drop further.
Key Levels:
- Crucial Support/Accumulation: $3.
- Lower Support/Strong Buy: $1.2.
- Primary Resistance: 50 EMA & $7.4.
- Long-Term Target: $21.28.
DYOR, NFA.
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Is RUNEUSDT Ready to Break Out? Here's What You Need to Know!Yello Paradisers! Have you noticed how #RUNEUSDT has been making waves lately? If you’ve been following this pair, you might have seen it in a descending resistance pattern with multiple taps—almost like it’s been teasing a breakout. But here’s where things get interesting, RUNEUSDT has been forming higher highs on the higher timeframes, a strong bullish signal that you don’t want to miss.
💎#RUNEUSDT , recently , retrace back to a previous bullish order block. This level held strong, and the price bounced back up, respecting that support beautifully. This kind of price action usually indicates that the bulls are in control, and it’s no surprise that we’re seeing a Change of Character (ChoCh) confirming a probable move to the upside.
💎If the bullish momentum continues, the first area to watch is the resistance level at $4.248. However, if the price doesn’t break this resistance, we might see a pullback to the bullish order block around $3.872. Should the pair find support there, the next resistance levels to watch would be $4.355 and a strong resistance at $4.536.
💎But remember, this bullish outlook hinges on one critical level: the $3.748 mark. If we see a 4-hour candle close below this level, our bullish thesis will be invalidated, and we might need to reassess the situation.
Stay sharp, Paradisers! This could be a crucial move in the making, so make sure to manage your risk and trade smart.
Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
RUNEUSDT Poised for a Major Breakout: Are You Ready?Yello, Paradisers! Are you prepared for what could be one of the most significant moves for #RUNEUSDT?
💎#RUNE is approaching a critical trendline breakout level, signaling a potential seismic shift in its market trajectory. The current setup is teetering on the edge of a bullish flag formation—a pattern that could propel RUNE into a powerful upward rally.
💎If RUNE can maintain strength above the 4.30 level, it will enter a strong bullish domain, targeting higher levels. Initially, price could see RUNE aiming for the 4.80 mark. Should the momentum continue, RUNE will challenge the strong resistance zone between 5.15 and 5.40—This is where significant profit-taking could occur. But if the bulls keep pushing, RUNE could surprise us all with an extended rally towards the 7.40 to 7.80 levels.
💎On the downside, RUNE has solid support around the 3.750 level, with an additional bullish order block region between 3.10 and 2.80 that initiated the recent pullback. If these supports hold, RUNE could be gearing up for an impressive move upward in the coming days.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
iFeel the success🌴
Rune (Thorchain) - DCA, the bottom is nearRune - the fundamentals looks super super strong.
Streaming swaps, new chains and exchanges make Rune grow in a rapid pace.
If you still think we are in a bull market and believe in Rune... this could be a great time to DCA into Rune.
I see Rune 3.00-3.65 dollar as a gift and probably the last time we see Rune so cheap
We have 0.5 fib level at 3.56 to watch out for.
RUNE - BIG GAIN (BIG PICTURE)Dear friends,
I will show another coin next to the LINK where I see Elliot wave expressed.. For LINKCHAIN, you have an analysis below this post..
First I would like to show my old projections related to RUNE and the exact take profit and return to DCA on it..
Here is a projection of profit taking.. and an accurately expressed mass jump of the first wave..
Then marked zones for returning to the market.
Now that all that has happened, I have scenario A and B. The first scenario is that the bottom is behind us and that the first purchase is an excellent decision, on the other hand, we also have plan B because there is great resistance at $5.
If the price does not show strength, the last buying target would be 2.2. Below that there is a very large volume and below that the door opens for a big risk (FOR NOW I'M VERY BULLISH)
The first target will be scalar from $30 and on.
This will all happen only if BTC manages to break the ATH
XRP ANALYSIS (breakout)🔮 #XRP Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #XRP. It's a daily time frame breakout and we will see more higher price in long-term. After a successful retest, we could see proper a rally 📈📈
💸Current Price -- $4.395
📈Target Price -- $9.510
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#XRP #Cryptocurrency #Breakout #DYOR
RUNE Breaking Out!A week ago, I posted the article below that discusses RUNE's potential breakout.
Today, the token makes its first attempt. RUNE is already up 7%, pumping above the long-term trend line. If it a) can confirm the breakout and b) the markets continue bullish, we could easily see RUNE pumping 150%!
Remember, this pattern has formed for almost half a year. Accordingly, a confirmed breakout is a massive bullish sign.
As always, don't get too excited. We are on the daily chart and don't have to rush. Especially when aiming for big gains, it is most important to close the candle above the downtrend on the daily chart.
Let's see what the day brings!
Rune ShortRight now small consolidation around 3.950
which is downtrend line resistance. + weekly below 7ema
a short is opened here. Target around 10% down from here 3.390 zone
stoploss 3.980
bitcoin is also near the resistance.
RUNEUSDT.4HThe chart you've presented for RUNE/USDT on a 4-hour timeframe offers a clear perspective on the price dynamics of Thorchain (RUNE) against Tether (USDT). Here's my detailed analysis based on the information available on the chart:
Current Situation
Price Level: RUNE is currently trading at $3.865.
Recent Price Action: The chart depicts a declining trendline from past highs, followed by a period of consolidation. Recently, there seems to be a slight upward movement.
Support and Resistance Levels
Resistance Levels (R1 and R2):
R1: $4.528
R2: $3.106
Support Levels (S1 and S2):
S1: $3.106
S2: $2.545
Technical Indicators
The chart does not explicitly show the MACD or RSI indicators, but the price action near the support and resistance levels can be used to gauge potential movements.
Analysis and Conclusion
From my analysis, RUNE is currently testing the lower boundary of its recent price range. The level at $3.106, which acts both as a support and lower resistance level depending on the price’s position relative to it, is crucial. The current trading price near this pivot suggests that RUNE might either stabilize around this level or attempt a breakout.
Trading Strategy
Bullish Scenario: If RUNE breaks above the $3.106 resistance-turned-support with convincing volume and market sentiment, it could target the next resistance at $4.528. This movement would likely require broader market support or positive developments specific to Thorchain.
Bearish Scenario: A breakdown below the support level of $3.106 could see RUNE testing further lows towards $2.545. A breach below this second support could intensify selling pressure, possibly leading to steeper declines.
Final Thoughts
It's crucial to monitor RUNE closely around these key levels. Setting stop losses just below support levels for long positions can help mitigate potential losses in the event of a downward break. Additionally, any trader should remain vigilant to changes in overall market sentiment and updates within the Thorchain ecosystem, as these can significantly influence price actions. Always align trading decisions with personal risk tolerance and market conditions.
RUNEUSDT 1DFalling wedge formation on the #RUNE daily chart. We anticipate a breakout in the coming days, so keep it on your watchlist. In the event of a successful breakout, it could rally up to a 250% target price.
RUNE — Breaking This Pattern Can Send It HIGH!RUNE has been trading in a falling wedge pattern since April. The wedge is a chart pattern formed by converging downward-sloping trendlines.
What's so interesting about a falling wedge? It is considered a strong bullish sign 💪
This might sound strange if you look at the chart and see a constant downtrend.
However, breaking out of this pattern to the top usually ignites a massive pump.
This is especially true if a pattern has formed over a longer timeframe. Just like in RUNE's case!
Watching the trendlines is essential in this case. Although the pattern narrows, RUNE can still bounce back and force a couple of times.
RUNEWe can see a rounding bottom in lower timeframe, a continuation of the ascending triangle breakout. If 4hr timeframe manage to break the neckline, more likely the price will surge to 0.618 fib
RUNE long tradeRUNE looks good on the daily. maybe take some time to play out.
but some good numbers in it.
nice accumulation this week. no sell offs.
Rune .... I think the best resistance area is number 3 to number 3.3
And the best support at the moment is 1 to 1.7
I am waiting to see how the reaction to the number 3.1 is
Currently, I am looking for shorts in the resistance areas, according to the news and war conditions in the Middle East
Rune - Swing trade idea for next week If you read my previous analysis you would know how I traded Rune over the last weeks and it played out perfectly :) Now I believe we see one more drop into 3$ today or at the beginning of next week. As is stated, it will just be a swing trade as I believe Rune will eventually go to 2$ coming months.
There is no further explanation as the chart speaks for itself, I don't know what's going on behind the scenes for Rune, I just care about the chart, that's it :)
Stay safe!
$RUNE: simple head and shoulder pattern: buy zone for longCRYPTOCAP:RUNE is an established DeFi protocol that works and is solid, based on its own blockchain, Thorchain. No token unlocks, all tokens are vested, making it relatively safe from rug pulls. However, like many other altcoins, it has been overheated and is undergoing a drastic cooldown.
This pattern is a classic one, easy to identify, and therefore the target is below the neckline at $2 or less. It looks very low, but if you look at the Weekly MACD, you can see that it is not oversold and needs more downside to reset before a reversal.
Even if it bounces because CRYPTOCAP:BTC has another pump, the chart pattern suggests not buying above this zone as it would go against the chart theory.
Do what you want, but I have put my buy order in the green zone, which guarantees me a significant profit if it gets filled. If not, I will buy another coin.
Always do your own research (DYOR). This is not financial advice; I am just articulating what the chart indicates. It is up to you to make any informed decision based on that.
