A head and shoulder pattern in runeusdWe might have a head and shoulder pattern. If we break price @ 2.2 and trade below. Bears could push it lower to price @ 8.4.Thats about 30% dip.
RUNEUSD trade ideas
RUNE to Moon Soon?$RUNE seems to be consolidating and is almost at it's bottom of it's upward parallel channel(on log scale). We can expect one more minor pump/retest before the breakout to it's ATH.
Don't sleep on it :)
RUNE - THORCHAINAmazing project, amazing team. One of my favourite looking charts. This coin has had a great run and continues to, enjoy the ride.
THORChain (RUNEUSD) decision is nearTHORChain now has to decide either it goes up or down - sideways less possible.
Support by bullish divergence on 4 hourly RSI and possible break-out conformation on OBV.
If the green trendline on price chart breaks... well, its beginning was 20.07.2021 - so important IMO.
*no financial advice
do your own research before investing
RUNEUSDT BreakoutRUNE breakout of 2 Month Base
As long as 11$~ holds as support
15$ is up next for Rune
Possible Pump and dump scenarioRune has skyrocketed in price alo as of lately. It now reached a previous resistance point and is falling in price. How far down it is going I can't foresee but I personaly put a trade with a stop loss at 14.200 (above previous resistance zone) and a take profit at 10.6 (this was the point where the market started to go in waves instead of the pump) I have a feeling it might find resistance there but I am not perfectly sure.
Due to the high volatility of this asset it would be wise not to bet too much percent of your capital on this pair as it can move 10% + in one day.
RuneBINANCE:RUNEUSDT
The channel of RUNE has a big potential for a bullish run after 1st November. If bitcoin drops, probably RUNE will go after.
RUNE Rune looks good here on the 2hour at trendline support, bullish divergence cmf and macd, bullish bat with a bullish crab as a higher low, rune to bitcoin chart is also displaying 2 nested harmonics at their pattern completion zones. thats enough confluences for me to go long, i gave you stx 30% move in 2 hours after posting a mega pump was imminent, now im giving you RUNE
RUNE to finally get back on track?RUNE has shown very weak Price Action since September (compared to other alts). With the last node (eth) to come back online since the hack, this could be the start of the recovery for RUNE. Lots of upside potential (or catching up to do).
The last dip saw RUNE bounce nicely off the macro trendline and joining 0.786 FIB level. Entering volume at that same level was also a good sign or whale traders waiting.
TP at both FIB levels with the 0.5 to have some strong resistance with the other local highs.
Note: BTC.D will need to play nice for this to have a chance in the short term. Longer term may stretch out if we see more BTC.D climbed back
$RUNE at support, looking for a good risk/reward long playIf RUNE can confirm this level as support, this will be a great long play over the next few days. Our risk is very well defined, and target is offering a risk/reward of 3.5
Rune to the moonStrong bullish channel
break short term bearish trend
wait for pullback
Enter around 5.16
First tp : 69.2
Second tp: 295
RUNEUSDRUNE a close above 7$ historically brings price back up to 11$
RUNE al cerrar sobre los 7$ todo indica históricamente que el precio puede llegar a los 11$
ThorChain "RUNE/USD" - Buy the dip and buy the breakoutPossibly one of the most beautiful charts i've seen in a while.
Easiest "Buy the dip" strategy. And the most glaringly obvious "Buy the breakout" opportunities.
On-wards and upwards.
RUNEPERPRUNE, looks like most alts are headed up for a short while, i'm targeting 5$ reloading lower. Bitcoin still has yet to test 28k levels , i would'nt be surprised if we keep the crab movement intact
Rune | 3$ could be a local bottomThink we will see some distribution around this level for now. I see two scenarios:
1. Double botttom/lower high, take out top of the range and attack 6$
2. Failed double bottom setup, drop to ~2$
Of course, depending on Bitcoins next moves.
Be patient and stay safe.
BINANCE:RUNEUSD
Large volume on RUNE in the last days - BULLISH!Look at that volume! It's HUGE! Could it be showing a trend reversal?
I hope so!
RUNE - $22RUNE is currently trading above the support zone of $5.84. If it can consolidate above this support, we could start seeing a move towards $8.63, $11.23, $13.33, $15.43, $18.41 and $22.22. Failure to hold the support at $5.84 could lead to a drop towards $.39 and $3.01.
