RUNEUSDT 1WRUNE ~ 1W
#RUNE Looks like the decline is over.
Bulls managed to defend this support Block and are now trying to break the local resistance Line here.
RUNEUSDT trade ideas
#RUNE/USDT 1500%+ Potential.#RUNE is looking prime on the daily chart, presenting a highly lucrative opportunity. A flip of $5 could trigger a parabolic move!
The invalidation level is at $2.7. The risk-to-reward ratio is incredibly high—just take a look at the chart!
DYOR, NFA.
#cryptocurrency #runecoin
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Thank you
#PEACE
RUNE - Updated Weekly ChartThis is an updated chart to the post we made all the way back in November of 2023 which can be found here:
We identified this important purple trendline from the past and so far it has continued to be important. Right now price is fighting that purple trendline, if we are able to close above that should give us the signal of a momentum flip back to the upside.
Here are some other reasons RUNE is starting to look like a good buy on the weekly:
- Bottom held white trendline (important based on weekly candle bodies)
- RSI held the 37-38 level (Yellow line on bottom chart)
- Price held the 100 MA on the weekly (red MA)
- Price held the 0.786 fib level (lower blue line)
A break above our last high of $11.50 ish should lead price towards $16 then look to retest the previous highs around $20.
RUNE is one of the best coins nowFlipped the major level in the form of a correction, and that correction is getting completed with respect to the whole market.
Coins like these usually make new all-time highs.
Targets are on the chart.
Invalidation: if price stays below $3 and fails to reclaim it.
Long-term hold till May 2025.
RUNEUSDT: Short Opportunity, Bearish Reversal Signals 54,30%?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:RUNEUSDT
The chart has formed a compelling Head and Shoulders pattern and has decisively moved below the neckline, signaling a powerful shift from a bullish to a bearish trend. This bearish transition is confirmed by the price movement dropping below the EMA200 line. We anticipate an exciting continuation of this bearish momentum, targeting the Unfilled Order Area at 2.750. Following a potential pullback to the historical resistance area, the downward journey is expected to continue toward an enticing target of 2.052.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on ThorChain Coin."
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RUNE / RUNEUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
RUNEYou may see RUNE macro chart.
We will see when it is entered to consolidation area (Gray Box ) Let see how long will stay there .
RUNE USDT Long is going to Explode !I know the bear market is over
We are finishing the downtrend, most likely
Pay attention, most likely
Everything is based on probabilities
This setup will work, most likely, not necessarily
Otherwise, we will be stopped by a few percent
H&SClose below $3.9 first signal of possible head & shoulder is in play with a target of $1.4 that coincides with horizontal support zone ($1.4-$2)
waiting to confirm a downwards bounce from $3.9
what speaks against continuation of move down is (if confirmed on daily close) Bullish Divergence on RSI / Priceaction and that volume is not high compared to previous priceaction
Is RUNE Bottoming?I pointed out that a lot of alts looked liked they were bottoming yesterday and shared RUNE as an example. As I said, I wanted to see a close above $4.30 to confirm any sort of trade idea, which did not happen. Important that you always have a trigger and do not jump too early.
That said, this still looks the same, as do most alts. This drop is “scary,” but appears to be building more potential bullish divergence on a number of coins, if they make lower lows in price, and sending some further oversold. For now, I remain cautiously optimistic or at least interested in looking for some bottom signals on alts.
Nothing to do yet.
RUNE ABOUT TO PUMP?While there is no confirmation here of a reversal, I love the setup.
I want to see price above the resistance at $4.30 - that would be a sign for me that the bottom is likely in.
As you can see, we have clear oversold bullish divergence on the daily chart, a huge long signal in my opinion. We also have Trading Alpha showing 4 “Bs,” which are bottom signals. Price above $4.3 would also be above the trackline on this indicator.
I really like the potential here, but need to see the breakout.
#RUNEUSDT H & S pattern ?After completing the beautiful double bottom floor pattern
It is probably making a head & shoulder pattern (red).
If it cannot go above the black line,
it can be on the way to complete the pattern
Good green support lines are evident on the chart
#RUNE/USDT breaks the Diagonal Trendline in 1-Hour TF!#RUNE/USDT breaks the Diagonal Trendline in 1-Hour TF!
CRYPTOCAP:RUNE needs to bounce from here. The local resistance level is PML $4.5. The local support level is $3.9. Looking good for a long position.
RUNE Long Trade SetupCurrent Situation:
BTC Trend: BTC potentially setting a bottom, which is usually a positive signal for altcoins.
RUNE Technicals: RUNE is forming a double bottom at its range low support line. Historically, RUNE has performed well in bullish markets.
Trade Strategy:
Entry Point: Enter a long position in the range of $4 to $4.70.
Take Profit Targets:
First Target: $5.60
Second Target: $6.95
Stop Loss: Set a stop loss at a daily close below $3.80 to manage risk.
Summary:
With BTC potentially setting a bottom, RUNE is showing a strong double bottom pattern at its range low support. This presents a good buying opportunity if the bullish market sentiment continues. The strategy involves entering at $4 to $4.70, with profit targets at $5.60 and $6.95. The stop loss is set to trigger on a daily close below $3.80 to limit downside risk.
RUNE - rejection or continuation ? #RUNE/USDT #Analysis
Description
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+ The price has reached the support zone and it's uncertain whether the support will hold or break.
+ If the support breaks, the next support level is around 3. If the support holds, I expect a strong reversal, providing us with a trading opportunity.
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VectorAlgo Trade Details
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Entry Price: 2.657 - 4.246
Stop Loss: 2.00
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Target 1: 5.305
Target 2: 7.354
Target 3: 10.998
Target 4: 16.216
Target 5: 21.139
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Timeframe: 1W (Long Term)
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Rune 1h chart
Break out imminent
Good opportunity to long or short
Wait for break out and confirmation and btc's move next couple of days
RUNEUSDT 1D#RUNE is moving inside a falling wedge pattern on the daily chart. It is currently trading above the support zone, with the RSI in the oversold area. Let's see how it will play out. The targets are:
$5.400
$6.695
$7.605
$8.515
$9.640
$11.460
Chart Idea - RUNEUSDT LongRUNEUSDT has broken the downtrend on daily timeframe and successfully retested it.
RUNEUSDT Long
Entry: 5.380
TP: 13
SL: 4.284
It's a swing trade and can go for weeks. Will keep on updating this thread.
RUNE starting to round out at W balance area. or a W HS ? I am playing long off of support in D OS for a bounce.
But could be a W HS if BTC goes lower .
There's a high possibility of reaching $6.5 and $6.8RUNE has strong support at $6 on the 4-hour timeframe. There's a high possibility of reaching $6.5 and $6.8. Keep an eye on these levels.
Rune ready for $10!RUNE is ready to fly
●Rune never gave any daily candle closing below the (Daily 15May FVG) which and took out the ITL $5.950 level.
●Get ready to fly target $7.870 and $10.
These are swing trade targets.
