RUNE could go anywhere, next few weeks it will resolveunclear directions for RUNE USDT, will likely depend to resolve on its broader markets
RUNEUSDTRUNE made a classic false breakout and now it seems to be forming daily BEARISH ENGULFING. Both arguments support further downside, at least temporarily.
RUNE Indicator AnalysisRune chart is looking quite bullish.
This Token did not have these kind of gains, like we can see on the Crypro Market (e.g. XRP, XLM, HBAR, ADA, ALGO). But I believe, this is due to RUNEs chart-structure. The Chart seems to be in an earlier stage of the Cycle.
The Coins named in brackets seem
Watching RUNEUSD Crypto Up 6.5% so far today. At breakout level
On the 15m chart you can see the current blue candle 15m pink vertical line indicating time/date (I'm in Australia), I had this red line marked as a resistance price and above this price RUNEUSD should continue to breakout more.
Up 6.5% so far today, a good day for a Crypto can be 20% to 40% so
Crypto RUNEUSD. Trade I took long 1hr ago. Lined up on the Daily
Thought I would briefly describe this long trade i entered in RUNEUSD about an hour ago. Volume levels are about average for Crypto, it is now aligned perfectly on the 2ooEMA Daily.
Price has moved back on me a bit. But I think it might go okay from here,
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#RUNE Elliott-Wave AnalysisMomentum is shortterm bearish, but many signs for turnaround in near future
RUNE is preparingThe idea is to check 2 other times that a similar situation was brewing.
If you look at the chart, in around 7-8 weeks of consolidation, after that it will pump like crazy.
I put my target in the range of 30-44$
RUNE - Target $20 - Falling wedge break outOn the weekly timeframe RUNE is breaking out from a Falling wedge pattern and can reach $20 te comming days / weeks.
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