Rune to ruin? Elliott Wave Only 2 possibilities after an impulse pattern in EWI Elliott Wave, either a retrace to take out its low or an internal retracement and then trend continuation. In this is situation I am seeing both possibilities, atm so its all on how this retrace plays out. If inspiring/helpful, boost and follow. Cheers!
RUNEUSDT
RUNEBTC 4HThe channel issue in this study shows the intense accumulation zone that despite the overbought RSI, we will probably have a breakout and we will have a reversal to an uptrend, after that, the market just needs to have strength to be able to continue this reversal state, overcome the resistances of $0.0001065 and $0.0001136, to get to $0.0001197.
Rune Ruined? Elliott WaveLooks like it printed a pretty classic correction into resistance before the dump, which is looking like a decent impulsive move down from the AOI of the last chart. Looks like it could be ready for a correction, so I am watching for it to correct in potentially the same way into some resistance before more down. If this helps please boost and follow, Cheers!
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RUNEUSDT
In this chart, we have R1 that used to be a support line. And S1 and S2 are our support areas which both include the support of the price at some points. At the present, we have the price fluctuating below R1 and our prediction would be a rise to this line and then here is a defining point. If we receive some confirmation candles, we consider the short position and a decline will happen for the price to S1. In case the price is able to move above R1 and fix there, it will have more rise.
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/USDT: On his way for bullish reversal---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LIN)-------
RUNE/USDT: On his way for bullish reversal
Context
- The Global Crypto market leads by BTC and ETH reversed a new bullish trend - RUNE for now is still lagging versus ETH
- We are watching at 3,25/3,77 area to bypassed to extend the bullish recovery in progress
- Watch 2.00 as key support
Previous analysis : 18/08/2022 :
Market configuration
- Graphical Elements :
Graphical Resistance = 3,25/3,77 & 8,35 & 13,50
Graphical Support = 2,00
- Mathematical Indicators:
EMA ( Exp Moving averages) are now support at 2,69 = Bullish / Neutral
RSI indicator (below) is now above 50% area = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target E (B) has been already reached = 1, 42
Fibonacci resistance of the wave in progress = 3,25/3,77
Fibonacci support of the wave E (B)(max extension) = 1,42
Fibonacci Bullish Target = 5,48 & 6,25 (auto-similar move)
Conclusion
Preferred case => AS long as 2,00 remain support, we are looking at buy the dips in the buying area in order to challenged 3,25/3,77 and surpass this zone to confirm a bullish reversal towards 5,48 in a first step
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📌 Friends, I want to share with you technical analysis on #Run, I think there are options to break through the first target of $3.040
📌It will be safer to open a deal from the borders of the trend line, my entry will be from the trend line!
Write comments and like what do you think about this?👇
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Trend line retest entry ($2.630)
Sample deal plan:
-Entrance 2.630
-Stop-loss $2.423
-Take profit 2.995$
Stop set a little below the trend line, may give a false takeaway.
RUNE at lower level of upwards channelHas been consistently putting in higher highs and is currently at the bottom of the upwards channel its been following.
This could be a strong LONG entry, however there is a strong resistance level indicated by the box. This is where id be looking for entries based on how it reacts!
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for RUNEUSDT
According to our last analysis on July 19, we expected a falling trend and at the present, this has happened and all of our targets are hit. In the current chart, we have R2 and R1 as the resistance areas and they involve the unsuccessful triumphs of the price to rise. And S1 is our support area which includes the support of the price at some points since the past. Here the price is fluctuating below R1 and we believe it will rise to R1 and at that point, it will face two scenarios. Either it is able to fix over this line and face more increase toward R2. Or it may lose the support at R1 area and start a decline 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
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RUNE is testing the support that was previously resistance, I think it is still in this zone, after which we will go down to about $2.262
Rune Bearish countHave some interesting Elliott Wave price action on this one. Some nice potential impulses to play off of. This would be the bearish variant. Bulls really need to break above and flip 3-3.40. Could be done at this point but there is a potential for one more leg up, before either more sideway or another leg lower. If helpful, like, follow and boost. Cheers.