#Rune / #USDT : Analysishello? Traders, welcome.
Notes related to this analysis :
- The upward trend of the price has weakened
- The Medline has become resistance !
- The rsi trend may also break
So, if the upward trend of the price breaks down, there is a possibility that the price will reach the bottom of the channel
Rune / BTC Chart :
The price has reached the supply area and is likely to drop further
-------------------------------------
If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!
RUNEUSDT
RUNEUSDT
Hello 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 R1 and R2 as our resistance areas and they represent the disability of the price in order to rise. And S1 is our long-term support line that includes the support of the price at some points. At the present, we see the price fluctuating over R1 We expect it to fall to R1 (which is a good point to consider a long position) and then it is possible for the price to rise toward R2. We suggest you to the activate stop loss point(s) due to the unstable situation of the market. Also, it is probable for the price to move below R1 and even face more fall to S1.
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 can retrace back by 20%Rune price dropped massively during the recent crypto crash amid inflation, Ukrain-Russia War & CPI report. Rune regained momentum after printing a LL of 1.43. After that point till tomorrow price has increased by 68%. There was a clear cup & handle formation spotted on the chart and major targets are already been met. After the breakout of C&H formation, price has rallied all the way up by 26%.
The price is expected to fall between 1.75-1.65 region as correction. A lot of liquidity is sitting on this region. Keep a close eye on Bitcoin for clear direction. If price pumps above 2.47 then the set-up will be invalidated & we will expect an upward trend.
Bulls are ready to make RUNE flyHello traders! Welcome back to another episode with Analyst Aadil1000x.
Rune is strongly bullish and it's retracing now. We will buy RUNE from Reversal point.
The 2.210 True reversal point has 5 Star rating means it can hold the price even market touches it 4-5 times. But after 4-5 touches the strength will fade away. Our Buy limit is little above the TR point.
Rune 2.219 Buy Limit
Stoploss 2.116 (-4.68%)
Target 2.509(+13%)
Risk management tips,
Use 10% of account max with 10x leverage.
RUNE/USD - Major reversal pattern confirmed! Next is $3 🚀Rune has made a perfect reversal pattern:
1️⃣ Inverted Head and Shoulder - reversal pattern in downtrend
2️⃣ Price broke above the neckline - pattern confirmed
3️⃣ Breakout was on increasing volume = high confidence
This puts the price on a clear path to the next resistance at $3.
Then re-assess. For now, the bias is bullish and the trend is clear in my eyes.
Stop-loss under the neckline.
Like and follow if you liked my idea!
RuneusdMid term target is around 100% with the potential for greater gains if q3 and q4 are as releiving for the markets as they are supposed to be
Entire crypto market captitulated to levels not seen in along time
Psycologically this area will prove the smart money buy zone after some potential accumulation imo
Essential network protocols and tokens will do fine, coins with strong narratives relating to traditional finance
624% here to .618 fib lvl which i would target in bull markets
Hard to say if the relief bounce would go this far but long term that area could be on the cards
RUNEUSDT 4H analysisRune has been trading in a downward Channel since early may and has recently bounced of the major Resistance of the upper end of the channel. It broken the local support at the $2.75 - $2.84 region and is retesting the major Support of lower end of the channel at $1.99 - $2.01 Wait for a bounce or a breakdown of the Channel Support before entering a trade.
RUNE/USDT: Buying area reached - Bullish reversal expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LIN)-------
RUNE/USDT: Buying area reached
Context
The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets RUNE is suffering about negative global market situation which should be ended once the crypto market gonna start the bullish reversal
However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding the wave swing configuration of the trading range
Market configuration
- Graphical Elements :
Graphical Resistance = 10,20
Graphical Support = 1,20 & 3,00
- Mathematical Indicators:
EMA ( Exp Moving averages) are capping the market = Bearish
RSI indicator (below) is bouncing off key support = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target E (B) has been already reached = 3,00
Fibonacci resistance of the wave in progress = 10,20
Fibonacci support of the wave E (B)(max extension) = 1,20
Fibonacci Bullish Target = 17 & 25 (auto-similar move)
Conclusion
Preferred case => Regarding the mid-term element, RUNE is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 17,00 as long as 1,20 remains support - 10,20 is expecting to acts as an intermediate resistance to confirm the bullish exit from the consolidation
Strong conviction => ABove 1,20 buy now (3,00) to reach 10,20 area = common part
THORChain (RUNE/USDT) : Strong bullish potential THORChain (RUNE/USDT) : Strong bullish potential
Context :
RUNE/USDT is evolving within a clear picture since the launch of the Token in october 2020. We can see a clear upside trend in 5th up wave (impulsion) before a pause in a trading range (yellow) in 3 abc waves (corrective).... It is a real ''school case'' and the logic is now to draw a second upside trend (auto-similar move) with a test of the upside limit of the range before. The recent bounce above the lower limit of the range reinforce the idea of a direct rise with an RSI indicator now in positive area with potential and the EMA activating a golden cross and acting as support.
Key Elements (Daily Chart basis):
- Auto-similar potential at 145
- Upper limit of the range potential at 17/25
- Key Fibonacci level at 5.00 + EMA support in the same area
- RSI is above 50%
Tactical view on 3 to 6 weeks:
As long as 5 remains a key tactical support, the market offer opportunity to buy in dips and accumulate bullish position in order to play a freelunch target at 17 even 25. On a longer run (multi-month) the market is expected to break above 25 to rise towards auto-similar potential at 145
Enjoy my Friends !
Runeusdt (THORChain)If you look at my previous analysis, I analyze very simply and I do not use any special complexity
I think the path is drawn and The M pattern is evident in RSI and its Chart.
Given that it was delist from the FTX exchange today.
If you buy from the specified point, the first step can be good...
It is not financial advice to be on your strategy
$RUNE - A clear bid to Freedom! Price has been moving in a 24% downtrend range since it's breakdown from its $4 support. See my weekly swing analysis for lines drawn in the sand here: -
(Take note of the full Fib retracement since ATHs @ 0.236 red level $4.09 - RESISTANCE)
Standard DEVIATIONS can be seen at the top of the range at 13 & 16 May – there’s also one persistent deviation at the bottom of the range between 26-29 May.
Currently, price seems to be trading in deviation out of the smaller parallel channel you can see on the 45(ish) degree angle – thus reenforcing my bullish weekly swing scenario trend analysis (see link above^)
I project that we see price rejection @ Fib level blue 0.66 – around this level there are three clusters of price action toward the top of the range acting as HEAVY RESISTENCE.
The price action here is accumulating here in a demand zone after falling through its $4 support.
(Use the Googles to search “supply and demand resistance and support” for further information.)
Given we can agree that we are accumulating rather than distributing - it stands to reason that the upcoming movements away from the range are… – up only!
The strategy I would employ requires three layers – or bullets – as I like to call ‘em. Begin layering your position with a bid from @ fib green 0.5 followed by two more bids through to @ fib gold 0.382.
You can see what bid prices I use on the right of the graphic - but choose as you will.
Why three bids? Given how bullish price action is behaving – It’s easy – I would be way too sorry to assume my most greedy bid would be filled! If I snag 1 or 2 hey! At least I’m in.
Long and short of it ( no puns intended ) – My weekly idea for a $7 Runecoin is just warming up.
Get them bids in! or don’t!
---------
This is not intended as financial advice – educational and entertainment purposes only.
RUNEUSDT - SETUPRUNEUSDT price is formed critical support and trying to honor it by moving around from few sessions. In the meanwhile, price reached very near a falling trendline. Any effort by bulls can break it and create a strong momentum or maybe it will take some more sessions to build momentum.
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
Long RuneusdtRUNEUSDT is in accumulation phase. Now, it is forming a right shoulder before going up.
Rune has is a very good coin, it should be forming inverse head and shoulder for it to go up.
First target should be double top at 3.9 usdt.
Stoploss: adjust based on ur preferences.
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.