RUNEUSDT Poised for a Major Breakout: Are You Ready?Yello, Paradisers! Are you prepared for what could be one of the most significant moves for #RUNEUSDT?
💎#RUNE is approaching a critical trendline breakout level, signaling a potential seismic shift in its market trajectory. The current setup is teetering on the edge of a bullish flag formation—a pattern that could propel RUNE into a powerful upward rally.
💎If RUNE can maintain strength above the 4.30 level, it will enter a strong bullish domain, targeting higher levels. Initially, price could see RUNE aiming for the 4.80 mark. Should the momentum continue, RUNE will challenge the strong resistance zone between 5.15 and 5.40—This is where significant profit-taking could occur. But if the bulls keep pushing, RUNE could surprise us all with an extended rally towards the 7.40 to 7.80 levels.
💎On the downside, RUNE has solid support around the 3.750 level, with an additional bullish order block region between 3.10 and 2.80 that initiated the recent pullback. If these supports hold, RUNE could be gearing up for an impressive move upward in the coming days.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
iFeel the success🌴
RUNEUSDT
Rune (Thorchain) - DCA, the bottom is nearRune - the fundamentals looks super super strong.
Streaming swaps, new chains and exchanges make Rune grow in a rapid pace.
If you still think we are in a bull market and believe in Rune... this could be a great time to DCA into Rune.
I see Rune 3.00-3.65 dollar as a gift and probably the last time we see Rune so cheap
We have 0.5 fib level at 3.56 to watch out for.
ALTS in ACCUMULATION ZONE !The accumulation zone is your ideal BUY zone. The reason being, is that with some patience the next part of the cycle is the increase / impulse wave UP.
1) SHIB
2) DOGE
3) RUNE
4) FANTOM
There are a few more, but that's what we have time for today! Catch us here again tomorrow for more updates.
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BINANCE:FTMUSDT BINANCE:RUNEUSDT BINANCE:DOGEUSDT BINANCE:SHIBUSDT
RUNEUSDT.4HThe chart you've presented for RUNE/USDT on a 4-hour timeframe offers a clear perspective on the price dynamics of Thorchain (RUNE) against Tether (USDT). Here's my detailed analysis based on the information available on the chart:
Current Situation
Price Level: RUNE is currently trading at $3.865.
Recent Price Action: The chart depicts a declining trendline from past highs, followed by a period of consolidation. Recently, there seems to be a slight upward movement.
Support and Resistance Levels
Resistance Levels (R1 and R2):
R1: $4.528
R2: $3.106
Support Levels (S1 and S2):
S1: $3.106
S2: $2.545
Technical Indicators
The chart does not explicitly show the MACD or RSI indicators, but the price action near the support and resistance levels can be used to gauge potential movements.
Analysis and Conclusion
From my analysis, RUNE is currently testing the lower boundary of its recent price range. The level at $3.106, which acts both as a support and lower resistance level depending on the price’s position relative to it, is crucial. The current trading price near this pivot suggests that RUNE might either stabilize around this level or attempt a breakout.
Trading Strategy
Bullish Scenario: If RUNE breaks above the $3.106 resistance-turned-support with convincing volume and market sentiment, it could target the next resistance at $4.528. This movement would likely require broader market support or positive developments specific to Thorchain.
Bearish Scenario: A breakdown below the support level of $3.106 could see RUNE testing further lows towards $2.545. A breach below this second support could intensify selling pressure, possibly leading to steeper declines.
Final Thoughts
It's crucial to monitor RUNE closely around these key levels. Setting stop losses just below support levels for long positions can help mitigate potential losses in the event of a downward break. Additionally, any trader should remain vigilant to changes in overall market sentiment and updates within the Thorchain ecosystem, as these can significantly influence price actions. Always align trading decisions with personal risk tolerance and market conditions.
ALTS That are INCREASING as BTC Dips1) NOTUSDT BINANCE:NOTUSDT
Great bounce from the support, RSI bottoms:
strong in the 4h:
2) RUNEUSDT KUCOIN:RUNEUSDT
From the 1h up to the daily, it seems as though RUNE is increasing after establishing a bottom of being oversold:
3) AVAXUSDT BINANCE:AVAXUSDT
AVAX makes a turn around after bottoming out in the buyback zone:
4) BNBUSDT BINANCE:BNBUSDT
BNB up 20 % in two days as buyers scoop up lower prices:
5) JUPUSDT BINANCE:JUPUSDT
JUP increases 16% in one day:
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$RUNE: simple head and shoulder pattern: buy zone for longCRYPTOCAP:RUNE is an established DeFi protocol that works and is solid, based on its own blockchain, Thorchain. No token unlocks, all tokens are vested, making it relatively safe from rug pulls. However, like many other altcoins, it has been overheated and is undergoing a drastic cooldown.
This pattern is a classic one, easy to identify, and therefore the target is below the neckline at $2 or less. It looks very low, but if you look at the Weekly MACD, you can see that it is not oversold and needs more downside to reset before a reversal.
Even if it bounces because CRYPTOCAP:BTC has another pump, the chart pattern suggests not buying above this zone as it would go against the chart theory.
Do what you want, but I have put my buy order in the green zone, which guarantees me a significant profit if it gets filled. If not, I will buy another coin.
Always do your own research (DYOR). This is not financial advice; I am just articulating what the chart indicates. It is up to you to make any informed decision based on that.
Trading Signal For RUNEUSDT Trading Setup:
A Trading Signal is seen in the RUNEUSDT THORChain (4h) (futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 4.600
⭕️SL @ 4.185
🔵TP1 @ 6.000
🔵TP2 @ 7.350
🔵TP3 @ 9.535
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
RUNE perfomance in last 9 months to 2024We have seen a sharp decline in altcoins recently. Including RUNE. Looking at the whole process, RUNE had a strong price increase and then fell again. What are the buying and selling points? With the S1-TM strategy, we had 68 closed orderss, with a net profit of ~240% (including commissions). This is quite good for autotrade.
NOTE: This is my personal opinion on this strategy. This is not investment advice!!!. The market always has risks and opportunities. Please consider carefully before making any decision!
Massive Opportunity: Will RUNE's Breakout Ignite a Bull Run?Yello, Paradisers! Are you ready for the next big move in #RUNEUSDT? Price has seen a pivotal key resistance reclaimed & its holding it strong—time to see where it's headed next!
💎#RUNE has recently reclaimed a pivotal key resistance, and since then, a significant push to the upside is underway. However, the price is currently approaching several resistances. Holding onto the minor support level of 4.30 is crucial for maintaining bullish momentum.
💎Resistance at 5.15 is critical as it also holds the daily EMA-200. A decisive move above $5.15 could unleash a powerful bull run, potentially unleashing bulls towards the levels of 5.85 and 7.28.
💎Meanwhile there is minor support positioned at 4.30. This minor support holds both horizontal as well as dynamic support from the EMA-50. Any dip into this region could be an excellent opportunity for sidelined bulls to add fresh positions. In case of a deeper pullback, $3.90 level offers strong support.
Paradisers! be disciplined with your trading strategy, and keep mastering your willpower.
MyCryptoParadise
iFeel the success🌴
RUNEUSDT.1DBased on the provided chart of RUNE/USDT (Thorchain against US Dollar Tether), here is an in-depth technical analysis:
Current Price Action:
As observed, RUNE is currently trading at $4.718, following a recent upswing from lower levels. The price movement since May shows a bearish trend, culminating in a sharp decline, followed by a recovery phase that is currently underway.
Key Levels on the Chart:
Support (S1) at $3.818: This level acts as the primary support, where we observed some buying interest that propelled the price upwards.
Resistance 1 (R1) at $5.676: This level previously acted as support during the downtrend and may now serve as resistance.
Resistance 2 (R2) at $6.639: This is a higher resistance level, marking the peak before the recent significant decline.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD line (blue) is above the signal line (orange)
, indicating bullish momentum. This suggests that there might be potential for the price to move upwards towards the resistance levels.
RSI (Relative Strength Index): The RSI stands at 61.02, which is in the upper range of neutral. This positioning indicates increasing buying momentum, yet still shy of the overbought territory, which would signal potential pullbacks.
Analysis and Strategy:
The price structure and the recovery hint at bullish undertones in the short to medium term. Traders should monitor for a solid breakout above the immediate resistance at $5.676, which could open the path towards $6.639. The strategy here would involve setting buy orders on dips near the support level at $3.818, accompanied by stop-loss orders just below this support to minimize potential losses.
The approach to the higher resistance levels should be cautious. Should RUNE approach $5.676 and show signs of stalling or reversing (e.g., bearish candlestick patterns or divergences on the RSI/MACD), it might be prudent to take profits or tighten stop-losses to protect against a downward correction.
Conclusion:
This chart presents a favorable setup for bullish trades, especially if the price maintains its momentum and clears the $5.676 resistance. However, the volatility of RUNE necessitates rigorous risk management, given its sharp price movements historically. Keeping abreast of broader market sentiment and news specific to Thorchain could provide additional clues to future price directions.
RUNE looks bullish (1D)RUNE appears to be creating a large triangle whose sides we have labeled abcde on the chart.
Now the candles are at a "Key Level" and only when the candles are at this level, the RUNE is actually bullish.
In the coming weeks, it is expected to reach the $7 channel and then correct for wave e of this triangle.
For this wave (wave d) the target is $7
When wave e is over, we can again look for buy/long positions.
Closing a daily candle below the invalidation level will violate this analysis and view.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RUNE ANALYSIS🔮 #RUNE Analysis - Breakout 🚀🚀
💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #RUNE is trading around its crucial resistance zone and if #RUNE breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $4.826
📈Target Price -- $21.270
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#RUNE #Cryptocurrency #Breakout #DYOR
RUNEUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked).
Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Buy zone: market and lower
Targets: 13 - 22 - 40 - 60
SL: (depending of ur risk)
Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice. DYOR!
RUNE UPDATE (1D)This analysis is an update of the analysis you see in the "Related Ideas" section.
We have not yet reached the green range of the previous analysis.
Now we have more data on the chart.
Wave D of the previous analysis looks like an ABC, while Wave B is a triangle.
A swap resistance range is also formed for us on the chart, if the price reaches this range, we expect the price to reject downwards.
The green area is the best place to shop. If the price reaches the green range, we will look for buy/long positions.
Closing a candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RUNEUSDT Long PositionMarket Context:
We're looking for RUNEUSDT to break and close above $4.40, indicating a higher high and a potential trend shift towards the upside.
Trade Setup:
Entry: Ladder into a buy around the $4.00 zone, after confirming a break and close above $4.40.
Take Profit:
First target: $5.50
Second target: $7.20
Stop Loss: Place the stop loss at $3.60.
📊 Monitor the breakout confirmation closely and adjust your entry accordingly! #RUNEUSDT #CryptoTrading #TrendReversal 🎯
RUNE is one of the best coins nowFlipped the major level in the form of a correction, and that correction is getting completed with respect to the whole market.
Coins like these usually make new all-time highs.
Targets are on the chart.
Invalidation: if price stays below $3 and fails to reclaim it.
Long-term hold till May 2025.
RUNEUSDT: Short Opportunity, Bearish Reversal Signals 54,30%?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:RUNEUSDT
The chart has formed a compelling Head and Shoulders pattern and has decisively moved below the neckline, signaling a powerful shift from a bullish to a bearish trend. This bearish transition is confirmed by the price movement dropping below the EMA200 line. We anticipate an exciting continuation of this bearish momentum, targeting the Unfilled Order Area at 2.750. Following a potential pullback to the historical resistance area, the downward journey is expected to continue toward an enticing target of 2.052.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on ThorChain Coin."
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