THORChain Bullish Confirmed: 361% Back To Baseline Potential
When a Cryptocurrency trading pair moves and closes daily above EMA13, this confirms a bullish bias. The longer the moving average the stronger the signal/confirmation.
Here we are looking at RUNEUSDT (THORChain) and we can see a move and close above EMA13 and EMA21. The move above EMA21 happened today and this one is confirmed only when the session (daily candle) closes above this level.
EMA13 is a short-term exponential moving average when it comes to Cryptocurrency trading charts. A move above this level signals the change of a bearish bias towards a bullish one.
The fact that RUNEUSDT is moving also above EMA21 fully confirms the short-term bullish signal given by the break above EMA13. In simple terms, we are going up —bullish confirmed.
When there is a strong drop, as shown in this chart, there is always a counter move "back to baseline." The baseline here is the last high because of a double-top between May and December 2024.
Back to baseline would give us a minimum of 361% potential for growth. This is short-term. There is sure to be more, much more because we are in a bull-market year. Prepare for massive growth. This is an easy chart, an easy trade.
Thank you for reading.
Your continued support is highly appreciated.
Namaste.
Here we are looking at RUNEUSDT (THORChain) and we can see a move and close above EMA13 and EMA21. The move above EMA21 happened today and this one is confirmed only when the session (daily candle) closes above this level.
EMA13 is a short-term exponential moving average when it comes to Cryptocurrency trading charts. A move above this level signals the change of a bearish bias towards a bullish one.
The fact that RUNEUSDT is moving also above EMA21 fully confirms the short-term bullish signal given by the break above EMA13. In simple terms, we are going up —bullish confirmed.
When there is a strong drop, as shown in this chart, there is always a counter move "back to baseline." The baseline here is the last high because of a double-top between May and December 2024.
Back to baseline would give us a minimum of 361% potential for growth. This is short-term. There is sure to be more, much more because we are in a bull-market year. Prepare for massive growth. This is an easy chart, an easy trade.
Thank you for reading.
Your continued support is highly appreciated.
Namaste.
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🚨 Long-term Success & Freedom Available Now! (Avoid Mistakes) —PREMIUM Channels 👉 lamatrades.com (Since 2017)
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-numbers
anandatrades.com
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.