RUNEUSDT.PS trade ideas
RUNEUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement (marked as xxxx).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. same idea Ive always been using.. just a trade idea, not financial advise
🚨THORChain(RUNE) Can Drop more than ➖50%🚨🧐Today, I decided to analyze the THORChain(RUNE) project for you. The THORChain(RUNE) has grown more than ➕100% in the last month, but the question is whether the tour will continue to grow or not .
📚What Is THORChain (RUNE)❗️❓
THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks including Bitcoin and Ethereum without losing full custody of their assets in the process.
🏃♂️The THORChain (RUNE) is currently moving near important Resistance lines and the 🔴 Resistance zone($7.20_$5.80) 🔴.
💡 We can see Regular Divergence(RD-) between two Consecutive Peaks .
💡We can see Hidden Divergence (HD-) between two Main Consecutive Peaks .
🌊According to the theory of Elliott waves , if the THORChain (RUNE) breaks the resistance lines, we can validly consider the recent movement as the beginning of a main impulsive movement, and if the THORChain (RUNE) falls and loses the 🟢 Support zone($3.56_$3.00) 🟢, this upward rally should also be a corrective wave.
🔔I expect that the THORChain (RUNE) needs to be corrected to break the resistance lines and 🔴 Resistance zone($7.20_$5.80) 🔴, this correction could cause the THORChain (RUNE) to lose ➖50% of its value.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
THORChain Analyze (RUNEUSDT), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚧RUNEUSDT is bullish🚧 & many Traders don't see it 👀!!!Hi.
➡️Pair shows a falling wedge pattern forming on the 4-hour chart which could lead to a bullish breakout.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
RUNEUSDT.4HBased on the provided market data for the RUNE/USDT pair, we can observe the following:
In the short term (4-hour timeframe), the Relative Strength Index (RSI) is at 41.18, indicating that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is at -0.079, suggesting a bearish trend. The Bollinger Bands (BB) midpoint is at 5.75, and the current price is below this, indicating that the pair is on a downtrend. The immediate supports are at 5.200, 4.797, and 4.533, while the resistances are at 5.752, 6.545, and 6.682.
In the medium term (1-day timeframe), the RSI is slightly higher at 44.06, and the MACD is at -0.068, both suggesting a bearish trend. The BB midpoint is at 6.056, and the current price is below this, reinforcing the downtrend. The immediate supports are at 5.108, 4.600, and 4.200, while the resistances are at 6.525, 7.350, and 8.700.
In the long term (7-day timeframe), the RSI is significantly higher at 74.41, indicating an overbought market and a potential reversal. The MACD is positive at 1.255, suggesting a bullish trend. However, the BB midpoint is at 7.459, considerably above the current price, suggesting an overall downtrend. The immediate supports are at 3.517, 2.243, and 1.433, while the resistances are at 6.685, 7.0, and the third one is not defined.
In conclusion, the market data suggests an overall bearish trend for the RUNE/USDT pair in the short to medium term, with potential for a reversal in the long term as indicated by the overbought RSI. However, it's important to take into account other market factors and news that might affect the price. Also, it's advisable to use other technical indicators for a more comprehensive analysis and to confirm these signals. This is just an analysis and not financial advice. Always do your own research before making any trading decisions.
RUNE/USDT +7% TODAY SOOON !!The RUNE/USDT trading pair has exhibited a significant 7% gain today, indicating potential forthcoming opportunities. Traders and investors are closely monitoring this currency pair, anticipating possible market movements. This sudden increase could be attributed to various factors, including positive news developments, technical advancements, or emerging trends. It is crucial to remain vigilant and conduct in-depth analysis before making trading decisions to capitalize on this bullish trend.
RUNE(RUNEUSDT): One More Bullish Wave Coming 👋 ↪️The price of 📈RUNE has surpassed and successfully crossed over a declining resistance line of a descending triangle pattern on the 4-hour chart. Currently, it is undergoing a test of a strong support area accompanied by a bearish candlestick with high momentum.
The next resistance for the buyers seems to be at 7.200, which will likely be their next target.
For potential entry points, it would be wise to wait for occasional retests of the previously broken resistance, which now acts as a support...Trades safely 👍✅️
RUNEUSDT (Daily) - Bearish reversalHi Traders
RUNEUSDT (Daily Timeframe)
Waiting for the downward break of 5.0530 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 6.4880 would cancel the bearish scenario.
Trade details
Entry: 5.0530
Stop loss: 6.4880
Take profit 1: 4.1660
Take profit 2: 2.7400
Score: 4
Strategy: Bearish reversal
Trade signal | THORChain (RUNE) setup for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Recently we caught more than 27% pump of RUNE as below:
Now on a 4-hr time frame, RUNE has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RUNEUSDT - BULLISH OUTLOOKRUNEUSDT is currently exhibiting a bullish trend on the Daily Time Frame, suggesting a potential extension of the upward momentum. The 1-hour time frame further reveals a bullish divergence, reinforcing the positive outlook.
For entry, consider a price zone between $5.55 and $4.80,
with a strategic stop loss set at $4.50 to manage potential risks effectively.
The take-profit levels are structured as follows:
Take Profit 1 (TP1): = $6.60
Take Profit 2 (TP2): = $7.65
Take Profit 3 (TP3): = $8.70
Take Profit 4 (TP4): = $9.75
Take Profit 5 (TP5): = $10.80
This setup integrates structured profit-taking at different levels, providing a balanced approach to potential market movements. Continuous monitoring of price action is recommended, allowing for adjustments based on evolving market conditions.
RUNE ImpulseAbsolute beast of a ripper on RUNE.
Putting a possibility of attacking that 3.618 algo. Bear in mind that we might have not yet completed that wave 3.
Honestly i woulndt play with fire and long this one now.
Great chances that we take some time to form wave 4 right now as well just like on LINK.