RUNEUSD is falling for wave 2 or B. As we can see the completion of 5 impulse waves retracement around fibo 0.5 to 0.618 is expected for wave b or wave 2. Shortby aayushmainali08Published 0
RUNEUSD This Bull Flag can take it to 3.1500 by end of the yearWe last looked into THORChain (RUNEUSD) 3 weeks ago (see chart below) when we called for a pause of the enormous uptrend within the Resistance Zone: As expected, the price got rejected on the 1.9750 Resistance and pulled-back to the 0.382 Fibonacci retracement level. Needless to say that after breaking above the Falling Wedge pattern, as well as the 1W MA50 (red trend-line), the cryptocurrency has entered a new long-term bullish trend. The very same 1W MA50 has turned into a Support and held twice already (August 18, 16), while the 1D MA50 (blue trend-line) is crossing today above the 1D MA200 (orange trend-line), forming a Golden Cross. Now the last 1D Golden Cross (February 17) had a bearish outcome but at the time not only was the price below the 1W MA50 but also the 1D MACD failed to form a Bullish Cross. As a result, it the 1D MACD forms the Bullish Cross (which is in course of completing in 2 days), we expect the current consolidation to be just a Bull Flag pattern that will break this time above 1.9750 (Resistance 1) that has been holding since February 02. Our long-term target is 3.1500 (Resistance 2) on the long-term, which is the August 11 2022 High. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShotPublished 2214
Rune elliott wave analysisaccording to my count there is a possibility for a new bottom. It can happen in late november or early december.Shortby LEVI_ZUpdated 1
RUNEUSD Major bullish break-out above the 1 year pattern.THORChain (RUNEUSD) broke above the top (Lower Highs trend-line) of the 1 year Falling Wedge pattern (since the August 11 2022). This is a major bullish break-out, considering that the price also broke above not just the 1D MA200 (orange trend-line) but also the 1W MA50 (red trend-line) for the first time since April 26 2022. As long as the 1.7250 - 1.9750 Resistance Zone holds, we expect a better buy opportunity back on the 0.382 Fibonacci retracement level assuming the 1D MA50 (blue trend-line) supports. The long-term target is 3.15000 (Resistance 3). ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShotPublished 2214
β΄οΈ THORChain [NYA]We have a classic pattern here for RUNEUSDT (THORChain). The Adam & Eve pattern is a bottom formation and here we can appreciate a break and close above EMA50 as well. This can both confirms the bottom and pattern as having a bullish breakout. (Supported by high volume not shown on this chart) The MACD has gone bullish and the RSI is super strong above 60, daily timeframe. RUNEUSDT can easily move to 1.90 short-term, medium-term it can go above 5 or even 6 with much more potential available in the long-term. Namaste.Longby AlanSantanaUpdated 3324
Short RUNEInteresting fractal on RUNE. I am shorting this. Probably going to retest the base.Shortby BencosemansPublished 1
RUNE TO $18SL: $ 0.7 (IF YOU MUST YOU USE LEVERAGE) If you want to play this in the short term first exit @ TP1: $ 6 Longer-term spot exit TP2 : $ 18Longby MichaelNnajiPublished 0
RUNE TO $6SL: $ 0.7 (IF YOU MUST YOU USE LEVERAGE) If you want to play this in the short term first exit @ TP1: $ 6 Longer-term spot exit TP2 : $ 18Longby MichaelNnajiPublished 0
RUNEUSD - Up ChannelRUNE is currently within a large up channel and has poised itself in the middle roughly A bull breakout is shown in the green bars pattern, this is the continuation of the channel result Moving Up above the yellow line by BixleyPublished 1
RUNE = on the vergeWeekly needs to close above $1.70 for RUNE to break this long downtrend.Longby BencosemansPublished 0
i think rune is make bullish pattern CRYPTO:RUNEUSD i think rune is make bullish pattern we must wait and seeLongby ITTGPublished 1
RUNEUSDTAs shown in previous analyzes, the currency is likely to rise by a greater percentage, and currently a downtrend has been broken, and it is expected to be retested, then launch to the shaded areaLongby KhaldHegazyUpdated 4
Update on RUNEInverted H&S RUNE could go down to 1.30 - 1.10. WATCH outShortby BencosemansPublished 0
RUNE MA200Rune just reclaimed the MA200. Looking promising as all other coins are at resistance or facing upthrust concerns.Longby zakkh333Updated 0
RuneusdBullish? 36% on a unique funamentals project Same setup as most alts rn Dxy breaking down by olliecoughlandPublished 0
RUNE MA200 RejectionJust noticed that RUNE rejected off the MA200 a few days ago. Nothing to act on now, too late for a short, but keep an eye out for a retest. by zakkh333Updated 0
ThorChain [RUNE] - outlook Seems like an inverted H&S forming. Short term pullback, but massive gains once it starts gaining traction...Longby BencosemansPublished 3
RUNEUSDTFrom the new data, it became clear that the decline, wave B, has already ended, and that we are in the making of wave C, with a strong final declineShortby KhaldHegazyPublished 3
Meditations of the stoic emperor I buy with few amounts every month cause in this case fomo is sacred, fomo is not bad for hundreds of KX or tens of KX as long as 1 is valid Wave 3 is not the shortest wave and since the higher the price is the higher the bubble will be i think the target is 1.27 & 1.618 possibly higher levels, study fundamentals My guestimate for buying huge is 0.618 but the bear might go to the cave at 0.5 on rune since btc might turn bullish Do as you think it is right cause at the end it is relatively right Long live the holder by UnknownUnicorn10828932Published 777
RUNE RejectionSomething like this is plausible, temporarily breaking through the MA50 but not holding. Shortby zakkh333Published 0
RUNEUSD Is preparing a major bullish moveTHORChain (RUNEUSD) has been trading within a Channel Down pattern since the June 13 2022 (weekly) low inside a longer-term Bearish Megaphone since the May 17 (weekly) High. The 1W LMACD is close to forming a Bullish Cross. If completed, the short-term target will be the 1D MA200 (red trend-line). A break above the 1W MA50 will further be a bullish break-out signal, targeting the top (Lower Highs trend-line) of the Bearish Megaphone. ------------------------------------------------------------------------------- ** Please LIKE π, SUBSCRIBE β , SHARE π and COMMENT β 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 me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME πββοΈπββοΈ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! ππ ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShotPublished 336