Runeeth
RUNEUSDT 1D TA: 2022-06-04As we can see in the chart, support is forming in response to its downtrend line. Currently, the support and resistance ranges are clear in the chart. We expect price support from the ob range in the short term.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
$RUNE 1D Support Break$RUNE has broken and held under the huge 3.3 support level, show with the large wick retest and failure on May 13.
RSI is already very low, so trend is clearly bearish but may see some consolidation for a bit. Possible levels of support are as shown.
GREATEST BUYING OPPORTUNITY FOR THORCHAIN! - $RUNE ANALYSISChart above us is what we call a Fifth Wave Extension Impulsive move.
Basically a fifth wave extension impulse move has the fifth wave to be the longest of the 3 impulsive moves to the upside and wave 3 to not be the shortest, which leaves us with wave 1 being the shortes of the three
At the End of a Fith wave extension move, Price usually retraces the entire move, i.e from the start of the fifth wave to the end of it, which means we can expect a 100% retracement.
However, it also says that Wave 5 always retraces 61.8% which RUNE hasnt done so far and would have us our first buy orders at the 61.8 region before even dreaming of a bottom (tho i bought some at support on the dip)
We can place orders at the 0.764 fib support region as there was a lot of volume traded there, and should hold as support and as a worst case scenario as seen below
Note that in a fifth wave extension, it is very important that there is no overlapping.
Should note also charts like this are a reason I'm still bearish on Bitcoin.
check out the Bitcoin analysis below.
If you agree, pls leave a like and share your thoughts in the comments.
Feedback is always appreciated.
RUNEBTCRUNE shows a very good chart and I think we can trust Rune and publicly we see a positive movement in the coming days
RUNE fueling upone of my fav project recently bad about rune in the market but this badboy remains the same and getting closer to make new ATH and i am strongly confident that this project can make new ATH this year
RUNE/BTC (Daily Bear Flag Confirmed?)💎Technical Analysis Summary💎
BINANCE: RUNEBTC
-RUNE is now confirming a daily Bear flag coming from 5000s sat
-If the daily candle close red, the Bears may have won the game
-The downside potential target is around 3000s sat area
-So please be cautious and follow your stop loss location
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
RUNE/BTC (Bounce at Key Support?)💎Technical Analysis Summary💎
BINANCE: RUNEBTC
-Retesting key support area for the 3rd time
-If this area can hold for a few days
-A chance of trendline resistance is on the line
-From there, it is a decision time to break or fall
-Trading Altcoins these days are highly high risk
-So please plan your idea accordingly
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
RUNE/BTC (Test Key Resistance Area)💎Technical Analysis Summary💎
BINANCE: RUNEBTC
-RUNE is trading inside a rising channel which is Bearish
-It is also approaching key level of resistance at 5600 sat area
-If you are looking for potential Sell entries
-Wait for the channel to breakdown because it give a Sell bias
-The downside target could reach the recent Swing Low area
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
RUNE THORCHAIN 4H chart AnalysingRUNE or Thorchain made a significant rise today and keeps abve $0.7 for few weeks .
It sarted rising from $0,4 and ade a huge pump.
But i think it will start falling after profit sells . Because trading volume is very losw when compared to other DeFi projects.
Also If a coin cant rise and stays stable between a gap, a huge dump comes after BTC little correction.
It will be nice price for putting short order above $0.9 and take a good profit.
Good luck
