rune THORChainRUNE UPDATE CHART
What Is THORChain (RUNE)?
THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.
With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker).
The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million RUNE to participate in its rotating consensus process.
THORChain was funded through an initial DEX offering (IDO) which launched through the Binance DEX in July 2019. Its mainnet originally launched in January 2021, but a multi-chain upgrade is currently scheduled for 2021.
Rune
Rune Should RunRune has its Mainnet launch Dec 25th Its low on the Daily and 4hr, needs to come down on the 1hr.
Not Financial Advice..
chanell break outIt is located at the bottom of a long-term ascending canal
The short-term downtrend line has broken and completed the pullback
THORCHAIN - LONGTHORchain has been struggling with some issues the past year or so... this has been holding back this project, however this particular setup has caught my eye, im awaiting a break in the trendline to the upside and then look to enter some positions, ideally on a retest of the trendline...
RUNE TA - possible Bullish UPDATEUpdate to the previous TA I gave. Looks like my second scenario plays out :) . DYOR. no financial advice. just for your impression.
RUNE TA - possible Bullish ScenariosSince we broke the falling trendline I am bullish on RUNE for the next few Days. We also bounced from the fib 0.381 level and the support zone and the Momentum shows a green DOT. Target is the end of the arrowpath to take some profits. DYOR. Just for impressions :)
RUNE IS HEADING TO 17++ PRICE LEVELWe saw price break out of structure and retested our OB. We expect it to run to 17usdt level.
RUNE 3H BUYRUNE 3H support is at ~$10.8
Enter 50% here
and try to set some buy orders near the support zone
If RUNE holds above the trendline,
the Take-Profit target would be $11.88, $12.96, and $15.12
Cheers
rune THORChain#1
rune neowave analysis
rune update . you can see previous analysis
PULLBACK on support zone ,good for entry
RUNE - stretching MA's indicating strong upliftRUNE preparing to breakthrough the range that has formed in the accumulation zone
RUNE to outpace BTC by 6xLooking at RUNE/BTC on the daily we can see that since launch, RUNE has been steadily outpacing BTC through several upswings followed by minor correction and accumulation phases. These accumulation phases have lasted between ~100 and 150 days, the last three of which had RSI similar values before the next euphoric upswing. Today, RUNE sits at a similar RSI value and is around 140 days into its current accumulation phase and the MACD is turning bullish.
RUNE is poised to explode! Judging by its fairly consistent previous rallies, this baby can do an 6x multiplier against BTC in the next months!
RUNE break the descending channel in 4h RUNE break the descending channel and make its retest i think it is ready to go upward.
RUNE THORCHAIN LONG OPPORTUNITY: NEED BREAKOUT CONFIRMATIONRUNE has been a perfect Crypto Asset for Trading.
For now, there is a good opportunity for Long Trade.
Sig: Red -> Green
Confirmation: Breakout the Resistance of the Structure.
Good Luck
RUNE, RUNEUSD, RUNEUSDT, RUNEUSDTP,THORCHAIN, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
RUNEUSDT LONGHello Traders,
RUNE is in a good position to buy. Depending on your Risk-taking and trading strategy, apply the following suggestions
From low risk to high risk buying instruction:
1- Buy after perfect break of the yellow line, reverse and then perfect reaction to the break ponit.
2- Buy after perfect simply break of the yellow line.
3- Buy after reaction to the green upward line.
4- Buy after reaction to the green oval range.
5- Buy right now!
Take progit
TP1: 13.413
TP2: 15.841
TP3: 20.697 (This price can be touched in a month)
Stop Loss:
From low risk to high risk selling in loss instruction:
After staying below the following prices
1- 8.557
2- 6.129
3- 3.701
ATTENTION:
Follow the principles of capital management.
Pay attention to your strategy.
No analysis is 100% accurate, even if it sounds perfectly good.
You are responsible for your own trades, so do it carefully.
Cryptocurrencies are volatile and have been highly correlated with bitcoin in the past
RUNE ANALYSISHere's a quick look at RUNE 4hr chart . As we can see, the price has been showing a broadening pattern . RUNE gets pullback ,ready to move to take shoot.
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry below 9.23$-6.04$
Target s
1 12.366$
2 14.4$
3 17.447$
IF YOU LIKE THIS SHOW SOME LIKE AND FOLLOW THAT WILL ENCOURAGE ME
THANK YOU
Key level RUNE▪Descending trendline serving as key level to the next point,
▪If break and consolidating above, great R:R for a long position,
▪Another test with liquidity engine, great buy zone on the dip at green boxes
RUNE/USDTit holds the support strongly. may be it can bounce very high. it is good to take the trade.
CAN RUNE REPEAT THE SAME PATTERN? RUNE has been very bullish but it got failed at the resistance, however, it seems like RUNE is coming back to retest the support of 200EMA if Bulls can hold this area we'll see a massive pumped towards $20-$25!
If you've liked the idea, give a thumbs up guys!
$RUNE Repeat formation before ATH'sLets hope this works out - previously before we saw ATH with $RUNE, we saw this triangular pattern form along with retracement. While the majority of market was bullish at the time, ThorChain retraced, with almost exactly the same conditions seen this time.
ATH coming up after sellers are exhausted
rune SHORTDue to the weakness of the trend and the break of the 4-hour uptrend trend line, I expect correction to the lower areas.
RUNE; my targets for new ATH!RUNE has been consolidating for a good while in this area now and the price has been holding up. GREAT BUY OPPORTUNITY!
Soon the price will break out of this area and most likely end up in the 20-24 or 28-33 zones.
BULLISH AF!
