RUNEUSDT TRENDRune has been doing exceptionally well towards the ending of last month with virtually 150% increase. My analysis implies more uptrends are expected to the previous highs as its seen there are missed resistance level to restest and patterns indicates a reversal trend. At the time writing, rune is now close to strong resistance levels and its likely we first up see a retest of the top of the green zone(support zone) before the next bull trend if it fails to break. This possibility rate of RUNEUSDT hitting the target will be high if btc can break the bearish ihs pattern and the descending channel where the price is consolidating. My latest btc can be easily accessed in related ideas at the bottom page.
All info on support and target prices have been provided on chart. Observe well before taking position.
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Runeusdtanalysis
💥RUNE BUY SETUP TO $7.40Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $5.9 - $6.08
Stop loss - $5.650
Take profit 1 - $7.30
Take profit 2 - $7.40
Currently waiting for a pull back to the right shoulder before a buy position is taken to the respective take profits.
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RUNEUSDT Can Move Higher
Welcome back Traders, Investors, and Community!
Hi Traders, RUNEUSDT on H4 if it gets above the Resistance from the channel it could go higher.
⬆️Buy now or Buy at 3.900
⭕️SL @ 3.210
✅TP1 @ 5.50
✅TP2 @ 7.0
✅TP3 @ 10.0
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
RUNEUSDT (1D CHART) Falling Wedge PatternRUNEUSDT (1D CHART) Technical Analysis
RUNEUSDT (1D CHART) Currently trading at $4.73
Buy-level: Above $4.90(Buy after Breakout)
Stop loss: Below $2.98
Target 1: $6.63
Target 2: $8.41
Target 3: $10.25
Target 4: $13.65
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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RUNE 12h Project Overview and Long-Term Purchase LevelsTHORChain (RUNE) is a decentralized liquidity protocol or, more simply, Defi exchange.
Quite a young project since 2019, but the launch of the main network took place in early 2021.
The cost of the RUNE token should be based on the price of $0.90-1 , exactly this price was before the launch of the main network. And then the RUNEUSDT trading pair grew rapidly to $21
The May correction in the crypto market also affected the value of RUNE, falling by 80% . A lot, but all cryptocurrencies have gone through this. Another question is that not all crypto projects survived after this.
The picture on the RUNEUSDT chart looks pretty positive.
During the entire fall, increased volumes were observed, there are investors who are ready to buy at a lower price.
Given these facts, it is hard to believe that the RUNEUSD price will drop below $4 in the near future, we more believe in a rebound to $8.5
The planned for Q3 2021 mainnet update (DEX cross-chain / ASGARDEX wallet) also adds a positive impact.
However, it is worth keeping in mind an alternative scenario , if the entire crypto market goes significantly lower, then the RUNEUSD price will not hold either. Below $4 per RUNE will open the way for a fall to $1.60.
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