Thorchain RUNE long-term analysis My RUNEUSD long-term analysis.
Higher timeframes provide clear view . BUT can you see it?
Will be buying in the zone provided. Be smart.
If anyone have any questions feel free to contact me or drop a comment.
RUNE ChartHey,
Most of my holdings have been going very well the recent years.
However the performance of RUNE is not really that significant.
It was nice to get in at $1,40 and see it go near $10, but my target is +$20...
Price is shaping up pretty good now.
Expecting a catching-up run to the upside
RUNE/USD Elliott Wave Analysis: Bullish Wave 3 Elliott Wave Analysis: Bullish Wave 3 Confirmation
The updated chart suggests that Wave 2 of the Elliott Wave cycle is nearing its completion, and we are positioned for the beginning of Wave 3, the most impulsive wave.
Wave 2 Levels and Structure
Price Levels:
The correction of Wave 2 has r
RUNEUSD: Rebound at the bottom of the Channel UpTHORChain is neutral on its 1D technical outlook (RSI = 45.391, MACD = -0.566, ADX = 34.736) as it recovered the bearish action of Wednesday. That was straight after the price made a new HL at the bottom of the long term Channel Up. The 1D RSI is rebounding in the exact same way as the August 5th 20
RUNE - SELL CALL - SNIPER ENTRYMarket is forming its 1st LH and we are waiting to take entry at the formation of 1st LH. market is currently taking correction from good support level and most likely it will touch market " entry point" which is FIB Golden Level i.e. 0.38. After testing this resistance level it will continue rally
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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