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RUNEUSD trade ideas

RUNEUSD The 1D Golden Cross is the last buy opportunity to $38.THORChain (RUNEUSD) is about to form a Golden Cross on the 1D time-frame. It will be the first since September 06 2023, which at the time was incredibly bullish for the crypto. As you can see basically, the pattern since the March 13 2024 High is quite similar to the price action from February 08 2023 to the time of the first 1D Golden Cross. Both sequences started declining under Lower Highs trend-lines and once broken, the 1D RSI turned overbought while the price entered a consolidation phase inside a Triangle pattern. On the September 06 2023 Golden Cross, that Triangle broke to the upside just a week later and 6 months later it completed a +1368.50% rise from the bottom, reaching almost $11.500. As a result, we expect a similar bullish break-out to take place and the upcoming 1D Golden Cross could perhaps be the last opportunity to buy. If the price follows another +1368.50% rise pattern, then we may very will see RUNE at $38.000 at the end of it. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RUNEUSDLong
by TradingShot
RUNEafter we printed a complete wxy, in a bigger wave 2. we saw an impulsive wave arise and a perfect hit in our green box. Continuing our trend towards the north, we now hope to see a response around the GP. Losing the blue "undecided" box would not be good, and is also our last support level. The POC of the volume profile also falls in that zone. We would rather not see it losing that level, but it is also not impossible. Losing the $3.30 is a hard stop for myself. for now i'm pretty bull on Rune
BINANCE:RUNEUSDLong
by TraderStoffel84
RUNE Analysis - What Shall we Expect !!!BINANCE:RUNEUSDT RUNE continues to consolidate within a bullish symmetrical triangle pattern. The ongoing consolidation maintains a bullish outlook for RUNE in the near term👀 ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
CRYPTO:RUNEUSDLong
by CobraVanguard
RUNE: Poised for an Imminent SurgeI’m waiting for this setup as it still shows strength. CRYPTOCAP:RUNE There are two demand zones at the bottom, with a breaker and an S/R flip in play. I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction. My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
BINANCE:RUNEUSDLong
by ZelfTrade
RUNEUSD Bull Flag completed. Expect x10 rise at least!THORChain (RUNEUSD) is on its 1W MA50 (blue trend-line) for the 3rd straight week, after holding and rebounding on the 1W MA100 (green trend-line). In our view, this has completed the long-term Bull Flag (Channel Down) pattern that emerged after a +1428% rise from the June 2023 market bottom. If we take a look at the previous Bull Cycle, a +1400 rise has been a norm during that run, in fact the rally started after a +1467% rise, which got doubled on its on the subsequent two rallies to the market top. As a result, we expect at least another +1428% rise, thus putting our Target at a x10 state at $45.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RUNEUSDLong
by TradingShot
4
Fade Long For Early Position in Next CyclePhone is one of those tickers that I’m watching for the next cycle here with crypto. Currently at interesting inflection point the challenges if it doesn’t stop here then there’s a big hole between the current price and down to the two dollar area or so. That would be my concern starting a position here. One thing to consider is a DCA starting here down to $1.80. Daily Chart Analysis Momentum Analysis : RUNE/USD has been in a downward momentum since April, with lower highs and lower lows. Key Indicators : Fast Momentum: Indicates short-term bearish momentum. Slow Momentum: Indicates longer-term bearish momentum. RexDog Average (RDA): Positioned above the current price, acting as resistance. Support and Resistance : Support: Around $4.00. Resistance: Near $5.00-$5.50, aligned with the RDA. Price Action : The price is consolidating at $4.00, suggesting potential stabilization before the next significant move. Four-Day Chart Analysis Momentum Analysis : Continued downward momentum with lower highs and lower lows. Key Indicators : Fast Momentum: Downward, indicating short-term bearish momentum. Slow Momentum: Downward, reinforcing the bearish momentum. RexDog Average (RDA): Positioned above the current price, providing significant resistance. Mixed 200 (Red and Green Line): Acts as a bias indicator and a reaction area. Support and Resistance : Support: Around $4.00. Resistance: Around $5.00-$5.50, aligned with the RDA and the mixed 200. Price Action : Consolidation at $4.00, suggesting potential stabilization. Combined Analysis and Trading Strategy Reaction Zones : On both the daily and four-day charts, expect reaction zones around $4.50, $5.00, and $5.50 as the price moves up. These areas are aligned with the RDA and mixed 200, significant resistance levels. Entry Zone for Long Trade : The mixed 200 can be considered as an entry zone for a long trade. However, this trade is a fade trade against the predominant bearish momentum. Fade Trade Context : Given that all indications of this chart are biased and momentum is short, this is a counter-momentum trade. Traders should be cautious and look for confirmation signals before entering a long position. Overall, while the setup suggests a bearish sentiment, traders should be vigilant for possible reversal signals, especially around the mixed 200, if considering a fade trade.
BINANCE:RUNEUSDLong
by RexDogActual
Rune - Elliot Wave playI want to preface this with a couple things. The first, I am biased towards Rune in the fact that I own some for the long term and I believe in the project. The second, I really don't like Elliot Wave in general. I think it's use cases are generally arbitrary at best. That being said, this Elliot wave set up almost seems too obvious not to post. If Rune can get going and hold these $5 levels we should be able to move a lot higher. My initial target is $20 at the moment. While MACD is positive, that's the only real "signal" I give credit to, this support zone will have to nullify the MACD downside crossover and some other indicators to give this pattern a shot. Once this happens, it will be a huge indication of strength, however, that all still needs to play out. If you are worried about this area holding, simply scale in your positions and manage your risk accordingly. Cheers, -TCD
BINANCE:RUNEUSDLong
by ChartDudes
very simpleLooking at the latest data that appeared, we find that it made three bearish waves and followed them with three corrective upward waves... leaving another large bearish wave consisting of five internal waves retesting the bottom from which it rose... and we find that this is a large triple correction on the monthly frame, and this is a very healthy correction. In order for it to gather and rise from the bottom to make another peak in its history, but let us not get ahead of events, as this is a big frame and requires a lot of time to achieve it.. Good luck *In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
BINANCE:RUNEUSDShort
by KhaldHegazy
1