RUNEUSD trade ideas
THORChain (RUNE) with bearish divergence - correction healthyTHORChain (RUNE) with bearish divergence on RSI - correction healthy
A correction to volume support at $6.37 would be healthy and not concerning for Bulls.
At least at FIB golden pocket ($12.13-$12.60) a correction might start.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Rune15m quadruple bat patterns never seen a chart look so good I have rune in a butterfly pattern with a pcz just over 8 wave structure implies this is going much higher and this structure implies moon soon
i like rune here when this thing goes its gone
4 bats (3 bullish 1 bearish)
stacked bats rip hard
pin bar / liquidity grab below emas *especially 200ema on 5min*
oscillators giving trade signals
Rune looking hopefulIt's a beautiful view on the weekly. Decreasing volume over the whole trading range, then a spring-like pop at the end just recently. Currently testing the MA200 and a break out of the COG (bottom) looks likely if the MA200 is broken. Dunno, I like it though. I think we have a potential accumulative scheme over this whole structure and I expect a test to the top of the structure in the coming weeks/months.
THORChain (RUNE) with confirmed breakoutTHORChain (RUNE) with confirmed breakout of price resistance trendline by daily close above $6.05.
Will this happen today?
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
RUNEUSD broke above the 1D MA50. Buy signal.RUNE had a great 1D candle yesterday, the strongest since February 2021. As it broke above the 1D MA50 (blue trend-line), a buy signal emerged, as this has been its Resistance since December 01 2021.
Last time the 1D MA50 broke following such a long-term correction, was on July 30 2021. The crossing of the MA50 gave an instant buy signal, with a Bull Flag later forming just after the price hit the 0.5 Fibonacci retracement level and the 1D MA200 (orange trend-line). The eventual High of that bullish sequence was made above the 0.786 Fibonacci retracement level, forming eventually the All Time Highs Resistance. Based on the above, we can expect at least a $12.00 High in Q2 2022.
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This Coin Is Looking to Lose Over 99% of It's ValueWe have a Potential Logscale Deep Crab BAMM that will be Confirmed once we break down below the level of B; Upon breaking through B our downside target will be the Logscale 1.618 Fibonacci Extension Below which will take us all the way down to approximately 2.5 cents.
THORChain (RUNE) is a clear "WAIT" at the momentTHORChain (RUNE) is a clear "WAIT" at the moment...
... volume resistance has to be broken
... more volume for breakout needed
... breakout on OBV needed
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
RUNE/USDT - Long analisysLooks like the bottom imo. Or we could be consolidating for the push up or down.
Could get some rounding for a good sign of up consolidation.
Price seems to be bouncing of areas of resistance. We shall see what BTC does, for BTC i still have an open-mind for 26k, but will explain in another post.