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Thorchain

ThorChain / Rune to $40 by Q1 2022Everything about this chart looks pretty good. a series of higher low accumulation points since the bounced lows in July. First aim would be to take out the highs it got rejected from at the start of November around $16.5, generally 3rd tap of resistance leads to expansion, so a move up to this area I would expect an extended move beyond. Looking pretty strong fundamentally at the moment, and hasn't been on a run for a while - anticipating this to start making a move at some point soon. Target is pretty aggressive, but in crypto I don't think it's unreasonable.
Long
by resolutemex
1
rune THORChainRUNE UPDATE CHART What Is THORChain (RUNE)? THORCHain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process. With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker). The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million RUNE to participate in its rotating consensus process. THORChain was funded through an initial DEX offering (IDO) which launched through the Binance DEX in July 2019. Its mainnet originally launched in January 2021, but a multi-chain upgrade is currently scheduled for 2021.
RLong
by Cryptonix-Empire
2
RUNE to outpace BTC by 6xLooking at RUNE/BTC on the daily we can see that since launch, RUNE has been steadily outpacing BTC through several upswings followed by minor correction and accumulation phases. These accumulation phases have lasted between ~100 and 150 days, the last three of which had RSI similar values before the next euphoric upswing. Today, RUNE sits at a similar RSI value and is around 140 days into its current accumulation phase and the MACD is turning bullish. RUNE is poised to explode! Judging by its fairly consistent previous rallies, this baby can do an 6x multiplier against BTC in the next months!
Long
by odyszeus
RUNEUSDT LONGHello Traders, RUNE is in a good position to buy. Depending on your Risk-taking and trading strategy, apply the following suggestions From low risk to high risk buying instruction: 1- Buy after perfect break of the yellow line, reverse and then perfect reaction to the break ponit. 2- Buy after perfect simply break of the yellow line. 3- Buy after reaction to the green upward line. 4- Buy after reaction to the green oval range. 5- Buy right now! Take progit TP1: 13.413 TP2: 15.841 TP3: 20.697 (This price can be touched in a month) Stop Loss: From low risk to high risk selling in loss instruction: After staying below the following prices 1- 8.557 2- 6.129 3- 3.701 ATTENTION: Follow the principles of capital management. Pay attention to your strategy. No analysis is 100% accurate, even if it sounds perfectly good. You are responsible for your own trades, so do it carefully. Cryptocurrencies are volatile and have been highly correlated with bitcoin in the past
Long
by AliSignals
1
My RUNE long orders before possible uptrend rally to new ATHsThis idea will only be valid if RUNE/BTC also respect the middle of the channel and the fib resistence area (0.618-0.66). Possibly taking some few profits (~40%) on both weekly resistence above. I say possibly because if resistence turns into support without even having time been rejected I wont take any. If resistence are respected as they are, I would take major profits but no more than 70% and keep the 30% in for moves above previous ATH.
Long
by Hahatrip
RUNEUSDT , We should be conscious for buyingGood morning guys Today we analysed one the powerful project in crypto that name is ThorChain In here we had a rally that started from long days ago and now after new breakwave we need to have pullback to the area that we broken We had a little pullback but its not enough for continuing the way and in abou 17$ is the place of settlement for traders and in here in buy zone area we can buy and take long position until the 1st target reach and after it can break successfully the 1st Tp the others one is in our way In buy zone area we need to take signal in multi-time frame like 4h - 1h - 15mins - 5 mins and ... After we take signal like hammer or ascending cover or pattern price we can take position and put our stop loss as same as we shown on chart Becareful because maybe the price should come down to stop hunter the buy position below that hammer that made If you have any question just send us a message Be with us and reign Good Luck Abtin
Long
by Abtin00
$RUNE - going to under $2 ??Here's a look at Thorchain, ticker $Rune This looks like it an incomplete wave 2, having completed the X leg after getting rejected below the 88.7% fib. The corrective fib (multi color) and the impulsive fib (orange) line up between 1.60 and 1.20. This matches up with an Inside pitchfork, on the 2nd S.dev (standard deviation) line...the pitchfork isn't shown here to keep things a little cleaner. Time target for the bottom is between beginning of February to mid April. These dates are also where the 2nd S.dev line intersects the two fibs, so we have some technical confluence. There should be trade opportunities in between for those that want to swing this coin. I've labelled the 3 wave corrective move to come where it coincides with the supply and demand zones as well as the median and 1st S.dev lines of the pitchfork. Roughly the targets are $3.50 and $10, though i cant be sure of the time frames, likely Dec/Jan i think. If you're a long term crypto bull and want some alt exposure to (as i understand it) a solid project, this would be a great opportunity to load up. I should mention that im not a crypto dev and dont know much about the technical aspects of this token, but i've heard from some crypto devs that its a solid project, unlike a lot of the Doge clones popular with the kids these days. But as always, DYDD as this is not financial advice. This analysis is invalidated if $Rune crosses $21.60 or falls below $1
RShort
by ir-rizzle
3
👨‍🎤🎸 RUNE -Up 40% Since Last Post🤘⚔️Exact same post like last time with a little update: Price got rejected at the 15$ mark which it will likely attempt to breach in the next hours/days forward. Will the price flirt with new all time highs (21$) ? Most likely it should ⚔️Fundamentals: Full release on November 1st 🤘 ''$THOR will first be launched on Thorstarter on November 1st. ''This will be a capped token launch, meaning each participant is capped at $300 per participant. This is intended to encourage much broader community participation (minimum 2500 participants) and to limit whale activity. Thorstarter has built a first-of-its-kind model: a token launchpad that combines decentralized liquidity with an investment DAO and helps to bootstrap promising projects!https://thorswap.medium.com/thor-launch-begins-november-1st-on-thorstarter-94eb11dedd80'' The Thorchain price popped sharply on Friday even as other cryptocurrencies pulled back. RUNE is trading at $10.30, which is about 62% above the lowest level this month. This performance brings its market capitalization to more than $2.3 billion, making it the 60th biggest cryptocurrency in the world. What is RUNE? Thorchain is a blockchain project that was built using Cosmos blockchain technology. It is a cross-chain decentralized exchange (DEX) that uses the automated market maker ( AMM ) model. The network allows traders to trade cryptocurrency assets. RUNE is the native currency for this ecosystem and is what powers the technology. Let's hope that Bitcoin helps... (ps. Thanks to my good friend, the Big Bulgarian Bear, for the info and links) One Love, the FXPROFESSOR
Long
by FX_Professor
2
Thorchain (RUNE) Bottom @ $2.98, 62% gain back to ATH @ $21.09Thorchain (RUNE) Update: 25/10/21: Bottom @ $2.98, 62% gain back to ATH @ $21.09. Since the buy signal triggered on the daily chart, RUNE has grown over 80% in the last 5 days. 100% Gain to the 127.20% fibs @ $26.01 and 149% gain to the 161.80% fibs @ $33.27. Please see previous analysis below. Happy Trading :) Thorchain (RUNE) Update 19/10/21: Bottom @ $2.98, 200% gain back to ATH @ $21.09. Rune price targets from the current price level: 127.20% at $26. 01 (100% Gain) 161.80% at $32.27 (149% Gain) 261.80% at $50.38 (287% Gain) 423.60% at $79.68 (515% Gain) Please see previous analysis below. Happy trading :) Thorchain (RUNE) Bottom @ $2.98 05 /10/21: Thorchain (RUNE) Bottom found @ $2.98 on the 20th July, expect 200 MA retest and break above this key level @ $8. We expect RUNE to retest the ATH level over the next few weeks/months. From the 31st March until the crash on May 19th (48 Days), Rune rallied 167% from $7 to $21.27. Rune is on course to recover to previous Highs experienced during March, April, May as the 13 EMA crossover above the 50 SMA signals strong bullish momentum (Swing Call Script Activated). We have been buying the bottom since the crash for Rune between $3-$7 with long targets back to the ATH @ $21.27, 200% Gain from current price level. This will not be a straightforward push back to the ATH but we can expect 2-3 different push phases.
Long
by CryptocurrencyMagnet
👨‍🎤🎸 RUNE - $THOR Token Launch! 🤘⚔️⚔️Fundamentals: Full release on November 1st 🤘 ''$THOR will first be launched on Thorstarter on November 1st. ''This will be a capped token launch, meaning each participant is capped at $300 per participant. This is intended to encourage much broader community participation (minimum 2500 participants) and to limit whale activity. Thorstarter has built a first-of-its-kind model: a token launchpad that combines decentralized liquidity with an investment DAO and helps to bootstrap promising projects! thorswap.medium.com '' The Thorchain price popped sharply on Friday even as other cryptocurrencies pulled back. RUNE is trading at $10.30, which is about 62% above the lowest level this month. This performance brings its market capitalization to more than $2.3 billion, making it the 60th biggest cryptocurrency in the world. What is RUNE? Thorchain is a blockchain project that was built using Cosmos blockchain technology. It is a cross-chain decentralized exchange (DEX) that uses the automated market maker (AMM) model. The network allows traders to trade cryptocurrency assets. RUNE is the native currency for this ecosystem and is what powers the technology. Let's hope that Bitcoin helps... (ps. Thanks to my good friend, the Big Bulgarian Bear, for the info and links) One Love, the FXPROFESSOR
Long
by FX_Professor
5
RUNE: Approaching an important zone.RUNE has seen some massive gains over the last days, jumping from $7.5 to $11.5. It is now approaching an important price point, well respected various times already. This can be a good time to book some profits. Those who bought at $7-8 are up ~50% and are yet to take profits as shown by the parabolic move. On the other hand, If it does clear the $12 area, it’s full send to $14 imho. Regardless, be careful if you long this. We are just under resistance. Good luck!
by Verve97
⚔ RUNE smashing levels-broadening wedge-- There are still 3 hours left for this daily candle to close, so in case it breaks out of the wedge I will update this idea later. -- After forming a double bottom under 200EMA on daily chart, yesterday the price smashed right through both moving averages and the key level of 9.23 finally reaching the top of the broadening wedge formation where it faced strong rejection. It would be healthy price action if we saw a pullback to retest the daily dynamic resistance as well as key level (9.23) But keep in mind even though RUNE is now trading above all major resistances it is still inside of a descending formation. Entry: average buy 9.70 - 8.40 -- or wait for breakout from the formation (buy above 10.5 on a local pullback) TP1: 10.57 TP2: 12.91 TP3: 16.82 TP4: 21.29 (~130%) TP5: OPEN++
Long
by V0VOLAN
Thorchain (RUNE) Bottom @ $2.98, 200% gain back to ATH @ $21.09Thorchain (RUNE) Update 19/10/21: Bottom @ $2.98, 200% gain back to ATH @ $21.09. Rune price targets from the current price level: 127.20% at $26.01 (259% Gain) 161.80% at $32.27 (346% Gain) 261.80% at $50.38 (600% Gain) 423.60% at $79.68 (996% Gain) Please see previous analysis below. Happy trading :) Thorchain (RUNE) Bottom @ $2.98 05/10/21: Thorchain (RUNE) Bottom found @ $2.98 on the 20th July, expect 200 MA retest and break above this key level @ $8. We expect RUNE to retest the ATH level over the next few weeks/months. From the 31st March until the crash on May 19th (48 Days), Rune rallied 167% from $7 to $21.27. Rune is on course to recover to previous Highs experienced during March, April, May as the 13 EMA crossover above the 50 SMA signals strong bullish momentum (Swing Call Script Activated). We have been buying the bottom since the crash for Rune between $3-$7 with long targets back to the ATH @ $21.27, 200% Gain from current price level. This will not be a straightforward push back to the ATH but we can expect 2-3 different push phases.
Long
by CryptocurrencyMagnet