BTC UPDATE The bullish momentum on higher timeframes is currently losing strength.
However, the lower timeframes show an oversold market with the potential for forming a departure leg.
Once this leg is complete, a short-lived bullish move is expected in the coming weeks. And the price will likely range between $40k and $43k.
If the price breaks support at $40,275, a retest at $36,748 may occur.
Alternatively, a breakout from $43,423 could lead to a retest of $48,840 before a potential reversal.
Remember to be cautious during choppy market conditions and consider staying on the sidelines.
Trading isn't mandatory every day, and preserving gains is crucial.
Happy weekend, tribe. ✨✨
~𝕬𝖓𝖎𝖙𝖆 𝕯𝖚𝖆𝖉𝖔
𝕿𝖍𝖆𝖙 𝕿𝖗𝖆𝖉𝖊𝖗 𝖙𝖍𝖆𝖙 𝖂𝖗𝖎𝖙𝖊𝖘
RUNEUSDT trade ideas
RUNE correction - where to buyhi traders
Rune has been correcting since the top on 3rd of December.
I believe that it will correct even more before resuming an uptrend.
Buy zone: 2,70 -3 $
target: 6,40 -6,70$
MACD looks bearish, increasing negative momentum and signal lines below the histogram is not what bulls want to see here.
Do you agree?
RUNE - God of the pump - PART 2RUNE - God of the pump - PART 2
part 1 (linked) was a 5-6x bagger.
Been under the radar even though it outperformed almost everything. Which means most didn't have a bag initially. Thats good.
"selling your winners and holding your losers is like cutting the flowers and watering the weeds."
Peter Lynch
LFG
✴️ ThorChain | Better Safe Than SorryOne last hurray?
One last jump?
The final jump?
Or simply a bull-trap?
Notice how here Thorchain (RUNEUSDT) still trades within a lower high... This is true for Solana, XRP, ADA and many other major Altcoins.
➖ This pair is getting closer to a correction.
WARNING: Bullish only above the last high ($7.30).
👉 Any trading below this level and high potential for a correction is active (going down).
Better safe than sorry.
We like those that are trading low/near support. Once they are high up, it becomes too risky.
Buy low, sell high.
Namaste.
RUNE long hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
The RUNE engine will restart !It looks like RUNE is completing a diametric in wave X format. With the completion of the G wave, we can expect another upward step from RUNE.
We marked the TPs on the chart.
If it returns to the green range, you can enter the buy/long position towards the specified TPs.
Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#RUNEUSDTA possible bullish continuation, expect the movement to clear the liquidity above and maybe a retest and further pump.
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RUNE ANALYSIS🔴 #RUNE Analysis : ❓️❓️
🔮There is a formation of Bullish Pennant Pattern in #RUNE. If the candle closes above the channel then there will be a confirmation of breakout which shows the continuation of bullish trend. We may see a rise in #RUNE📈📈
🔰 Current Price: $5.415
🎯 Target Price: $9.872
⚡️What to do ?
👀Keep an eye on #RUNE price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RUNE #Cryptocurrency #TechnicalAnalysis #DYOR
$RUNE - COSMOS Ecosystem Analysis SeriesI will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins.
Here is the fourth project in my long term buy list: Rune - ThorChain. I will be adding more RUNE on the dips to my buy zones shown on the chart.
Not a lot of people know this but the RUNE token has been developed with the COSMOS SDK and it is an integral part of the Cosmos ecosystem, represents a significant advancement in the world of decentralized finance (DeFi) and cross-chain interoperability. Here are some key facts about the RUNE (ThorChain) project:
Cross-Chain Liquidity Protocol: ThorChain is a decentralized liquidity protocol that allows users to seamlessly exchange assets across different blockchain networks without losing custody of their assets. This is a groundbreaking step towards true cross-chain interoperability in the DeFi space.
Native Token - RUNE: RUNE is the native token of ThorChain and plays a critical role in the ecosystem. It is used for liquidity, governance, security, and rewards within the ThorChain network.
Decentralized and Permissionless: ThorChain operates as a completely decentralized and permissionless network, enabling users worldwide to participate without the need for intermediaries. This aligns with the ethos of blockchain technology, promoting a trustless and open financial system.
Innovative Security Model: ThorChain utilizes a unique security model called "Continuous Liquidity Pools" (CLPs), which incentivize users to supply liquidity and thereby ensure the security and stability of the network.
Yield Farming and Staking Opportunities: RUNE token holders can engage in yield farming and staking, providing them with opportunities to earn rewards while contributing to the network's liquidity and security.
Resilient Against Centralization: ThorChain's design inherently resists centralization, promoting a more equitable and decentralized network structure, which is less prone to manipulation or control by any single entity.
Enables Direct Asset Swaps: Unlike many DeFi platforms that require intermediary tokens for swaps, ThorChain enables direct trading between different assets, simplifying the user experience and reducing transaction costs.
Community-Driven Development: ThorChain follows a community-driven approach to development and governance, allowing token holders and participants to have a say in the future direction of the project.
Focus on Transparency and Trust: The project emphasizes transparency and trust, with open-source code and clear communication channels, fostering a strong and engaged community.
Continuous Growth and Expansion: ThorChain is continually evolving, with plans to integrate more blockchains and expand its feature set, demonstrating a commitment to growing and enhancing the DeFi ecosystem.
ThorChain's RUNE project stands as a testament to the possibilities of cross-chain liquidity and decentralized finance, showing how innovative blockchain technology can break down barriers and create a more interconnected and efficient financial system.
RUNE ANALYSIS🔴 #RUNE Analysis : ❓️❓️
🔮There is a formation of Head and Shoulder Pattern in #RUNE. If the candle closes below the neckline then there will be a confirmation of breakdown which shows the continuation of downfall trend. We may see a fall in #RUNE📉📉
🔰 Current Price: $5.079
🎯 Target Price: $3.825
⚡️What to do ?
👀Keep an eye on #RUNE price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#RUNE #Cryptocurrency #TechnicalAnalysis #DYOR
RUNE TWO ZONES FOR DCAA coin that made a return of 7x and which, in my opinion, is fundamentally very high quality. The zones I'm looking at for entry because more things match: the bottom of the range from February 5, 2021 to June 5, 2022.
Immediately a little below the weekly level plus 200DMA. That's a 65% discount to take advantage of. Of course, there is also the last zone of demand at $2.3, but I don't know if it will come and I don't want to miss it like last time.
If you like this free content, hit that rocket and check out some more of my analysis
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.