RUNEBTC trade ideas
✳️ThorChain [RUNE/BTC] on Aug 28 #RUNE $RUNE #RUNEBTCThe RUNE is in a fairly clear uptrend and will quickly hit the upper trendline of the Rising Wedge pattern in the 12000sts zone and break it to rise strongly to the 17000sts zone in early September.
This plan will be invalidated if RUNE breaks below trendline and falls off the 6200sts.
Private Idea :
RUNE Confirm Two Continue Pattern...Really important to me Please support my work by like or leave a comment
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"THANKS" you in advance for your support
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According to number of candles in this time frame
MACD + RSI,are off
we have here two continue pattern:
1.Bullish flag
2.Cup and Handle
I set up trigger and stop loss for reduced the risk as much as possible.
GOOD LUCK
RUNE is breakout!SWING TRADING STRATEGY
4 Hour Timeframe
RUNE broke strong resistence after tested 4 times, after the breakout the next target is mapped using violet lines
Becareful if you want to catch breakout Alts, need to plan it first and stick with it
My plan :
Buy Entry 1 : 8224
Buy Entry 2 : 7671
Target 1 : 10.230
Target 2 : 10.959
Stop Loss : 7300
Enjoy the trade!
Daily descending triangleSeems pretty obvious. Lower highs in the past week, hitting 7 times the support channel between 6450-6750 sats. Volume also stabilized.
Just a matter of time this will fall through support and bounce back. To make another lower low.
Targets between the two red lines.
Not a financial advice. Make your own analyzes.
RUNEBTC CROSSED 50% PROFITAfter breaking up the resistance, RUNEBTC has given 53% profits in just 5 days from this signal entry at 5700. Our final target remains the same as mentioned 5 days "the target is 100% profit as per the chart"
✅ Target 1: 6300
✅ Target 2: 6700
✅ Target 3: 7200
✅ Target 4: 8000
✅ Target 5: 8700
☑️ Target 6: 9500
🎯Profit: 53%
🔥🔥🔥🚀🚀🚀💸💸💸
THORChain (RUNE) Project OverviewAbout THORChain
THORChain describes itself as a decentralized liquidity network that allows users to swap assets instantly at manipulation-resistant market prices. Swaps are done through permissionless cross-chain liquidity pools that allow users to stake their assets to earn trading fees. Traders can monitor pool prices and earn by arbitraging back to fair market prices. Projects can reportedly stake their treasuries to give their tokens deep liquidity.
Source: Coinmarketcap.com
Website: thorchain.org
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This is a new add on Binance... The project seems to be very strong.
As for the chart... It is already high up there and prices bouncing so it can go either way.
This is a young chart so no analysis of the signals can be done.
Thanks a lot for your support.
Namaste.
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Remember that this is not a piece of financial nor trading advice.
This information is shared for your own learning/educational purposes only.
RUNE/BTC AnalysisRUNE or ThorChain is one of new coin listedd on Binance and already got pumped before listing .
Some of profit sales were made but still thinking of more profit sales mihgt come soon .
it's price just got pumpet and hits 55k sats and returned fro the resistance.
Considering it's prie just rised up over %22
It's already pumped coin and it's price is likely to fall to 48,5k sats and if 48k sats support breaks,
its next target will be 43k sats .
Good luck and enjoy your day.
RUNEBTC POTNETIAL SETUP IN THE MAKING. MUST WAIT FOR CONFIRMATIO1. BOUNCED OF SUPPORT
2. RESPECTED DIAGONAL TRENDLINE ON A FEW TOUCHED
3. TRIANGLE FORMATION
NEED TO SEE.
1. STAY ABOVE DIAGONAL
2. BREAK DIAGONAL 1(ENTER SMALL SIZE)
3. BREAK DIAGONAL 2(ADD SOME MORE)
4.BREAK DIAGONAL 3( ADD SOME MORE)
5.BREAK DIAGONAL 4 AND RETEST( ADD ON RETEST)