RUNEUSDT trade ideas
🔥 RUNE Perfect Bounce: Looking Exceptionally BullishLast week I made an analysis on RUNE where I anticipated a minor fall from a bearish divergence and a bounce from the area between the bottom two supports. Remember that the bottom two support lines are just copies from the top resistance line but anchored to different points.
As seen on the chart, the trade was a success. Currently, we're still trading above the bottom support, which is a fairly bullish signal.
In my view, we're going to see some kind of pump in the near future, which will likely mark the intermediate end of the bullish trend. Not sure when it will occur, but the longer BTC will trade bullish, the sooner it will come.
Target for the next bullish move would be the top of the channel. Wait for a candle close above the dotted blue resistance to confirm the move.
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for RUNEUSDT
In the current chart, there are R2 and R1 as our resistance areas which express the price was not able to rise at some points. And S1 and S2 are the support areas at the bottom of our chart. Hence, we have the price fluctuating upward in an ascending triangular shape above S1 line. We predict two scenarios to happen here. Either we will receive some confirmation candles to rise and then an increase would be there for the price to reach R2. Or it is possible that the price gives us some falling signs and faces more decline by moving below S1. Note that by the time the price does not leave the shape, there won't be a precise prediction. Please follow our updates and make sure you are attentive to anything.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
🔥 RUNE Bullish Channel: Optimal Reversal PointRUNE has been trading very bullish over the last two weeks. At the moment we're seeing some minor bearish divergence (yellow dotted lines), so I'm anticipating a further drop.
However, the trend will likely stay bullish, so I'm waiting for a reversal from the bullish channel's support area. The area between the bottom two support lines is the most likely to cause the reversal.
Note that the dotted supports are not anchored to 2 or more points, they are exact copies from the top trend line and moved down to anchor on the previous two higher-lows.
#RUNUSDT#D#BTC#ETHHi everyone. I am a SHAHAN and I wanted to share my opinion and analysis with you friends. I follow many cases and rules in my analysis, but I tried to draw fewer lines and patterns so that my chart would not be crowded and it would be easier for everyone to understand. Thank you for your attention and I will be happy if I know your opinion. If you want any analysis, I will do it for you. Be successful and profitable.
By the way, this is just an analysis and not a buy and sell signal at all. Please check with your strategy and trading system. Thank you all
Bear pennant.A bear pennant pattern has been spotted on daily time frame.
With a pottential target of 0.80$ looks a good shorting opportunity.
What Is a Pennant Chart Pattern in Technical Analysis?
In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole. (INVESTOPEDIA)
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for RUNEUSDT
Here we observe R2 and R1 as the resistance areas which include the disability of the price in order to rise. And S1 is a support area that contains the well support of price at different points. At the present, we have the price fluctuating below R1 and we believe it will continue its rising trend toward R1. There we must wait for two options. In case we receive some rising signs, surely an increase is predicted for it to reach R2. But if the price is not supported at R1, more decline is there down to S1 or lower amounts. It is highly recommended to pay attention to the confirmation candles before deciding what to do in your trades and then act wisely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck