short and long positions of entry are marked in red and greencurrently the yellow zone is the position you should not take any entries, after we've experienced a large drop,
advice is to find another crypto with less volatility to hedge against. once rune moves past one of these 2 lines.
we are moving in a bearish flag pattern, with greater resistance towards to topside, if rune moves up 5.8% I'd consider a short.
RUNEUSDT
SWING TRADE - RUNEUSDT - LONG POSITIONGartley Harmonic pattern is al ready completed, Price action is breaking BB upper band level it will go high, it has to touch level of 11 (1.2fib) however in doing so, it has to break a strong resistance at 10.64.
Entry : 10.06 or now,
Stop : 9.4
Take profit: 11
RUNE - Next to Pump?Chart is in our liking, over the biggest resistance and far away from all time highs..Looks good!
Thorchain is a project we have covered before, not one of ur top-picks but definitely in our radar and occasionally in our portfolio.
Could this be Rune'S WEEKEND TO SHINE? Possibly!
News:
How To Participate In The Rune & CoinMarketCap Airdrop
NFTs and other digital items worth $75,000 will be won by 1,000 lucky participants.
Another Airdrop Beckons
The fantasy role-playing game, Rune, has launched a must-see airdrop campaign. Crypto tools website, CoinMarketCap will host the airdrop.
In an August 25 tweet, Rune announced the campaign and disclosed what participants would be winning:
"$70,000 in NFTs and Item Drops, 1,000 Winners!" the platform tweeted.
According to the tweet, the airdrop campaign will last from Aug 25 till Sept 8, 17:00 UTC.
One Love,
the FXPROFESSOR
RUNEUSDT Technical Analysis
⏳ Spot
💎 RUNEUSDT as broken above the resistance. It has also broken above the triangle which it formed. We expect a pullback to the pullback zone before it goes higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 10.000
☕️ TP1 11.030
🍺 TP2 11.500
🍻 TP3 12.000
🍾 TP4 12.500
🍷 TP5 13.000
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 9.300
Good Luck 🎲
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Bullish rally in RUNE* RUNE is in a steady uptrend respecting the below ascending trend-line as support creating higher-highs and higher-lows forming a expanding channel.
* Every time the price moves to test the lower trend-line (support) it bounces back up creating a new higher-high.
* Currently the price is facing a resistance near $10.8,if it breaks the resistance we can expect a bullish move till $12.5.
RUNE - Ready for Impulse wave 5RUNE has recently bounced from its daily trendline support after doing 50% correction of Impulse wave 3. It has been making Pennant on 4 hour timeframe which was recently broken upward as shown below:
As you can see the opening of pennant has height of ~4.6$, which indicates upward movement of same height. The macro 0.617 Fib also lies around that height along with the height of impulse wave 5 according to impulse wave 1.
Both of these are indicating a strong upward movement up to 0.618 Fib.
SWING TRADE - RUNEUSDT - LONG POSITION (UNDER FORMATION)wait for PATTREN CONFIRMATION, BULLISH GARTLEY
Why I am waiting for this trade???
If the pattren happens to form without fail, then bull run will start, and once that bull run starts it will hit 1.2 fib level that is 11 dollors then next resistance is at 13dollors then there is no major resistance at all till 25 dollars,
So lets hope the pattern forms without fail!!!!!
#RUNEUSDT 170%+ Potential Rally ahead! Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
RUNE Broke out of the Inverse Head and Shoulders Pattern in HTF.
the price is retesting right now.
The pattern started forming on June 21st, 2021, and broke out on Aug 21st.
60 days of formation broke out a few days back. It couldn't be that weak.
The chart is pointing towards a 170% + rally.
Best entry:- $8.92 to $10.4
Targets:-
$10.96
$12.56
$13.88
$14.11
$15.89
$15.77
$18.26
25% Position you can hold till. $25
Stop Loss:- $8.33
Do your own research before investing.
I put my maximum effort into finding these setups. Please try to put some of yours too, before investing.
What's your thought on this?
Do you think this correction is over?
Do you think RUNE could easily start pumping from this level?
Do hit the like button if you like this setup and share your views in the comment section.
Thank you
#PEACE
RUNE/USDT. Pullback likely (following btc pullback effect)RUNE is facing last resistance..
This coin truly have a good potential for next month.
But i think. this time. RUNE/USDT will pullback to retest the support
(following the fib 5.0). Pullback target will follow the bars pattern.
and then continue rally. (i don't have any RUNE coins. i TP' already at $10.7 yesterday.. and im waiting to accumulate at fib 5.0 point)
waddya think?
*not financial advice)
Rune , nice R/R tradehello my friends , do not forget to push like for more updates , i introduced Rune at 3-4 $ , i see bright future for rune and i have a big bag of it . layer 1 of layer 1 s , price is in support right now , if it can fix in and above support it will go to orange tps , invalidation will be close below support