RUNEUSDT.PS trade ideas
RUNE: Approaching ResistanceTHORchain (RUNE) technical analysis:
Trade setup : Trends are mixed. Wait for price to 1) break above $1.50 resistance, with upside potential to $2.00, or 2) pull back near $1.00 support for swing entry.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.50 (previous support), then $2.50, and $3.00.
RLinda ! RUNEUSD-> Bulls break through resistance. What's next?RUNEUSDT shows the position of the bulls, who are trying to overcome the resistance of the bears. The price breaks through important resistance and moves into the long zone
On the chart we see the formed "descending wedge" pattern, a break of which resistance can activate quite a strong bullish impulse.
Now the price touches the resistance at 1.433 and is in the consolidation phase between 1.433 and 1.282.
I expect the formation of a local ascending triangle to the level of 1.433, breakthrough of which will send the price to 2.09 (medium-term target), and after that - to 3.04.
Regards, R. Linda!
RUNE 21.12.22 (Short-Term)RUNE continues to move in the price range I expected. If it continues like this, it is likely to reach the price range of $1.44 - $1.45 , the upper level of the channel.
I'm thinking of making a short position from the area specified in the chart to the bottom of the channel. If the price comes to the $1.44 level, it should be watched carefully.
If there is a pump in BTC in terms of a possible liquidity cleanup, there is a possibility that RUNE will break the channel. Therefore, I will wait for the return indicator before opening a short.
What I write here serves as a note to myself. Does not include investment advice.
#RUNE/USDT - Long - Potential 21.35%#RUNE/USDT provided by the pro trader BlockParty SPOT|USDT
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
Target 3 : 1.725 22.25%
Target 2 : 1.617 14.6%
Target 1 : 1.438 1.91%
Entry: 1.365 ⌁ 1.422
Current market price: 1.419
Stop: 1.266 (-10.28%)
Technical indicators:
24h Volume: 5074936.3455
Satoshis: 1.411
Primed to pump from support following CPI data coming in bullish at 7.1% YOY
Trade: RUNEUSDT 13/12/2022 13:33
Account: SPOT
Volume last 24h: 5074936.35 USDT
Volume in buy range: 8147.63 USDT
🔥 RUNE Perfect Bounce: Looking Exceptionally BullishLast week I made an analysis on RUNE where I anticipated a minor fall from a bearish divergence and a bounce from the area between the bottom two supports. Remember that the bottom two support lines are just copies from the top resistance line but anchored to different points.
As seen on the chart, the trade was a success. Currently, we're still trading above the bottom support, which is a fairly bullish signal.
In my view, we're going to see some kind of pump in the near future, which will likely mark the intermediate end of the bullish trend. Not sure when it will occur, but the longer BTC will trade bullish, the sooner it will come.
Target for the next bullish move would be the top of the channel. Wait for a candle close above the dotted blue resistance to confirm the move.
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for RUNEUSDT
In the current chart, there are R2 and R1 as our resistance areas which express the price was not able to rise at some points. And S1 and S2 are the support areas at the bottom of our chart. Hence, we have the price fluctuating upward in an ascending triangular shape above S1 line. We predict two scenarios to happen here. Either we will receive some confirmation candles to rise and then an increase would be there for the price to reach R2. Or it is possible that the price gives us some falling signs and faces more decline by moving below S1. Note that by the time the price does not leave the shape, there won't be a precise prediction. Please follow our updates and make sure you are attentive to anything.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck