🚧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 trade ideas
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.
RUNE/USDT The breakout for a long trade in has been confirmed!The chart clearly indicates that RUNE has broken out of its resistance. Now is an opportune moment to initiate a long trade.
#POLYX/USDT LONG SCALP 🍀
Leverage: 3x
Entries: $5.940
Take profit 1: $6.291
Take profit 2: $6.850
Take profit 3: $7.205
Stop Loss: $5.353
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced. BINANCE:RUNEUSDT.P
Rune "Riding the Wave: A Strong Buy Signal Emerges!"**Thorchain (RUNE) Fundamental Analysis**
**Overview**
Thorchain is a decentralized cross-chain liquidity protocol that allows users to swap native assets between different blockchains without the need for wrapping or pegged tokens. It is powered by its native token, RUNE, which serves multiple purposes within the network, including:
* **Staking:** Staking RUNE helps secure the network and earn rewards in the form of RUNE and other supported assets.
* **Governance:** RUNE holders have the right to vote on network proposals and participate in the governance of Thorchain.
* **Liquidity Provision:** Providing liquidity to liquidity pools on Thorchain allows users to earn yield from transaction fees.
**Fundamentals**
* **Unique Value Proposition:** Thorchain's native asset swap functionality provides a unique value proposition compared to other cross-chain protocols that rely on wrapped or pegged tokens.
* **Growing Decentralized Exchange (DEX) Ecosystem:** Thorchain's ecosystem is expanding with the addition of new DEX interfaces and the development of new features like dual liquidity and savers vaults.
* **Strong Community Engagement:** Thorchain has a vibrant and engaged community that is actively involved in the development and governance of the project.
**Recent News**
* **THORChain Price Upswing:** RUNE's price has been on an upswing in recent months, reaching over $5.00 in December 2023.
* **Cosmos Integration:** Thorchain announced its integration with the Cosmos Hub, which allows users to swap assets between the Cosmos ecosystem and other supported blockchains.
* **Expansion of Validator Nodes:** The number of validator nodes on Thorchain's network has continued to grow, increasing the network's security and decentralization.
**Disclaimer**
Cryptocurrency investment is inherently risky, and past performance is not a reliable indicator of future results. Please do your own research and consider your financial situation before investing in any cryptocurrency, including RUNE.
Trade signal | THORChain (RUNE) setup for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of THORChain (RUNE) with US Dollar pair.
Previously we caught more than 400% pump of RUNE as below:
On a 4-hr time frame, RUNE has formed a bullish AB=CD move for the next pump.
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.