RUNEUSDTIn my opinion, the broken trend and retesting is very suitable for long-term buying. And it can grow up to 21 dollars
RUNEUSDT trade ideas
#RUNIn an upward rally in the weekly and daily time, if the resistance range of 6.25 is broken and by maintaining the green box area, it can continue its growth after the resistance is broken in the case of a pullback until the next supply area.
Ascending Apex: RUNE's Breakout Poised to Chart New Heights
Trendline Breakout: The central focus is on the cyan trendline that has been capping the price. A close above this trendline would signify a breakout, indicating bullish momentum. We will be watching for a decisive candlestick close above such a resistance trendline as confirmation of strength before initiating a long position.
Retest Strategy: A conservative and strategic approach involves waiting for a retest of the breakout level, which was previously resistance and may now turn into support. Entry at a retest offers a favorable risk-to-reward ratio because it allows for a tighter stop-loss just below the retested trendline.
200 EMA and the 50 EMA: The price is currently above both EMAs, suggesting a short-term bullish bias. The EMAs also appear to be providing dynamic support for the price action.
Overall Uptrend: The broader perspective shows RUNE in a general uptrend, which is the direction of the path of least resistance. A trend-following trade in an uptrend typically carries a higher probability of success of this trade.
Market Sentiment: Staying attuned to overall market sentiment and news specific to RUNE will provide additional context for the trade, as fundamental factors can swiftly impact technical setups.
In summary for now we are not doing anything and we will be watching closely where today's Candle will close. The close above the cyan trendline followed by a retest offers a prudent long entry point with a confluence of bullish indicators. Patience in waiting for these conditions to be met could provide a more confident entry with a well-defined risk profile. The current position of price relative to the EMAs and the general uptrend add further weight to the bullish scenario. However, it remains critical to monitor the trade and adjust to any new market information or technical developments.
Peace out.
RUNE/USDT LONG MIDTERM The coin is excellent to pump during the growth of the market, the technical cycles of this coin are clearly visible on the graph, we also see the divergence and figure of Adam and Eve, I believe that we can soon see the potential growth of this asset at least 200 % min
First tp - 5.62
2nd tp - 7.96
*** If the market maker wants to surprise the length of the start, then insurance orders will be 0.91 and 0.433
RUNEUSDT LONG-Swept Sell Side Liquidity
-ICT Entry Pattern
-Bullish Daily Bias
Stops Below Raid Level
Tageting Previous Highs / Buy Side Liquidity
ATH ?? Potential future price development of RuneIt sounds maybe too optimistic about the potential future price development of Rune (RUNE) based on its current price trajectory. If the market capitalization reaches around $5 trillion and there's a steady increase in dominance, i foresee a new all-time high (ATH) for RUNE. It's essential to consider various factors, including market conditions, project developments, and broader industry trends, when making price predictions. While my assessment reflects confidence in RUNE's potential, it's crucial to monitor the market closely and adjust your strategy accordingly to manage risks effectively. Pls feel free to comment
Disclaimer: The views expressed here are for informational purposes only and should not be considered financial advice. Cryptocurrency investments are subject to market risks, including price volatility and loss of capital. Before making any investment decisions, individuals should conduct their own research and consult with a qualified financial advisor
RUNEUSD 1DRUNE ~ 1W 📈
#RUNE Successfully penetrate this Resistance Line, Make purchases Gradually when retesting this resistance line, with a Minimum Target of 15%++ 🚀
RUNE Showing an impressive investment opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 870 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
RUNEUSDT.PRUNEUSDT.P is in bullish trend.
Potentially printing HH and HL.
No sign of reversal buyers are strongly active .
RUNE IS READY TO REIGNRUNE has some pretty great news in the coming days. They are gonna burn 60 Million RUNE which now has a face value of 360 MILLION DOLLARS. And this is being done as part of their upgrade related to the loan proposal against BITCOIN AND ETHEREUM.
People can borrow 50% of the face-value of your assets without paying any interest or getting liquidated against the loan that you borrowed.
This is gonna change a lot of things for the THORCHAIN adoption, when you can just park your BTC and get 50% facevalue as loan without paying any interest.
Highly BULLISH ON RUNE
RUNEUSDTRune Bounce Back from its Previous Support on Daily TF. As MSB(MArket Srtucture Break) is also happend in internal Structure on Daily TF.
Descending Channel is formed. If Rune Breakout this channel with strong volumn, then we can expect upside movement toward its SR (Support Resistance) Level.
#RUNEUSDT#RUNEUSDT
CRYPTOCAP:RUNE
Sometimes the market presents itself so cheap, we moving as expected, slowly but surely, expecting more pump on this coin
#forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextips
THORCHAIN ANALYSIS - Could RUNE Be In A New Bull Market???As you may be aware, I've been closely monitoring the Top 50 cryptocurrencies recently and have formulated several hypotheses aligning with the Bitcoin pattern, based on strict metrics. However, one particular crypto deviates from this trend, prompting me to investigate further. Despite not fitting the established pattern, the inherent pattern suggests significant upside potential—I've even heard predictions of $180, a figure I find plausible.
I believe this crypto is poised for a substantial surge, and while I'm not suggesting a long-term trade idea just yet, I wanted to alert you to my observation.
If the bullish momentum continues to build, I intend to consider trading it.
RUNE is going up in the channelRUNE is going up in the channel.
🔵Entry Zone 5.506 - 5.778
🔴SL 5.0699
🟢TP1 6.1010
🟢TP2 6.7777
🟢TP3 8.4198
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Rune another leg up is loading!Rune another leg up is coming $7.7 is near.
●Was expecting Rune to retrace towards the Daily FVG (8 Feb) which would have been the buying area for Rune but Rune was too strong to retrace.
●At current Rune is trading above the Daily FVG(26 Feb), just hold it & upward targets remain
$6.488
$7.3
$7.777 swing target.
●In case the 26 Feb Daily FVG is lost then buy Rune at 4.890 & at 8 Feb Daily FVG.
is Gartley here?a possible target to wave D around 3$-2.7$. At point D the pattern is complete. SL at point 0 and upside target to wave A and a 161.8% increse from point A as a final price target.
RUNEUSDTmy entry on this trade idea is taken from a point of interest above an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
RUNEUSDTshort idea on RUNEUSDT taking a sell on the marked supply order block after price takes out inducement (marked as x).
Rune last leg in progress My target is 11 UPCOM:ISH
Confluence:
Bms for weekly structure via impulsive move
Touched first minor -ve OB
correction from impulsive move to 0.62 fib
I want previous week high to hold, then fly over the rainbow :/
Plan: build my entry between 5-6
Watching 4h price action; entry probably within a 15 god’s fvg
RUNE ANALYSIS🔮 #RUNE Analysis - Support and Resistance 🚀🚀
💲💲 #RUNE is trading around its major resistance zone and #RUNE is trying to retest the zone. If #RUNE breakout and closes above the resistance zone and sustain the higher price, it will indicate a good bullish move and will achieve the next target easily📈
🔖 Current Price: $5.387
⏳️ Target Price: $6.065
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#RUNE #Cryptocurrency #Support #Resistance #DYOR
