RUNEUSDT → Price breaks resistance after retesting the bottom BINANCE:RUNEUSDT is forming a prolonged downtrend. A global setup capable of changing the trend is being formed. After testing the bottom, the price starts to realize the bullish potential
The rebound from 0.777 (market bottom) forms a bullish reaction on the background of bitcoin growth. An active strengthening and breakout of the global trend resistance is formed. The price is sandwiched between local resistance at 1.110 and support at 1.003. A local consolidation may be formed with the subsequent retest of the upper boundary of the flat and realization of the breakout. This move may give the market a new potential and price growth. MA-50 acts as support and MA-200 as resistance. The height of the range is large and this gives scope for the medium term.
Support levels: 1.003, 0.777, MA-50
Resistance levels: 1.110
I expect a retest of 1.110 followed by a breakout and further growth to 1.433 or 1.722.
Regards R. Linda!
RUNEUSDT trade ideas
RUNE USDT PERPHello Trader BINANCE:RUNEUSDT.P
rounding bottom usdt rune area in swing time frame (long term) 4 hours entry point area is on the yellow line
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Disclamer: Not Financial Advice
Rune/Usdt Update Runeusdt
On the daily time-frame :
1. There's a bearish pennant, which suggests the price might go down.
2. If we notice 1 or 2 red candles at this resistance point, it could create a double top pattern, indicating more potential for a drop.
3. Rising Wedge Pattern Also Bearisg
Overall, we might see the Rune price go down atleast 15-30% if it gets rejected. Remember, we should wait for confirmation of the rejection.
Best of luck!
Note : This is just an idea, do your own research before taking any decision
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RUNE Trade setup>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
As we can see some wickness in movement's appear and rsi show some negative divergence that maybe cuse RUNE do short correct for short time to Ex broken downtrend line.(IT's Risky plane)
Just if in short time price jump to 1.10 correction scenario be failed.
You can see situation of RUNE usdt in price chart In longer time frame.
All important resistance's in short- term marked on the chart.
It's Not a financial advise.
PLZ DYOR
With hopping success
Rune Possible Playout ChartThe price movement of THORChain or Rune is predicted to experience a decline towards the $0.945 price area, with a percentage decrease of approximately -4.85%. This could be a good entry point for initial purchases. Currently, the Rune movement has confirmed a breakout and is expected to continue bearish. The decline is projected to reach the price of $0.971 temporarily before continuing further downward. #dyor (Do Your Own Research).
Will RUNE/USDT hit $21 Mean 40x From Here in Next BullRun?Analyzing the Bull Run Potential of RUNE/USDT: A Promising Investment Opportunity
The Previous Bull Run:
The last bull market for RUNE/USDT showcased an extraordinary performance for holders. Starting from September 21, 2020, with a price of around $0.322, the pair skyrocketed to $21.28 by May 17, 2021. This impressive rally resulted in a staggering 6626% increase within just 238 days, demonstrating the tremendous potential of the asset.
The Subsequent Bear Market:
Following the all-time high of $21.28, a bear market ensued. Over a span of 756 days, the price of RUNE/USDT plummeted by approximately 96%, reaching a low of $0.777 on June 12, 2023. This significant decline from the ATH presents an attractive opportunity for accumulation, with the expectation of future upward movement.
Accumulation Strategy:
Considering the current price level of $1.028, it is an opportune time to start accumulating. While a potential further 30-50% downward move is possible, attempting to predict the market with 100% accuracy is challenging. Therefore, gradual accumulation is recommended.
Entry Zones:
To capitalize on the anticipated price movement, two entry zones are proposed:
First Lot Entry: $1-$0.90
Second Lot Entry: $0.6-$0.5
Timing and Targets:
The expected price decline may occur towards the end of 2023, making the late 2023 and early 2024 period ideal for entering the market. With historical evidence of significant bull runs, the targets for the next uptrend are projected to be impressive.
TP1: $5/$10/$15/$20
This suggests a potential 40x increase from the bottom if Lot 2 entry zone is reached.
Key Levels:
Bullish Breakout Level: $1.40
Breaking this resistance level could trigger a skyrocketing price movement for RUNE/USDT.
Support Levels: $0.8/$0.5
Resistance Levels: $1.40/$3.50/$11
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Conduct thorough research and consult with a financial professional before investing in any cryptocurrency.
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RUNEUSDT (4H) - Bullish breakoutHi Traders
RUNEUSDT (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 1.0410 resistance level. Only the downward break of 0.9690 would cancel the bullish scenario.
Trade details
Entry: 1.0410
Stop loss: 0.9690
Take profit 1: 1.0855
Take profit 2: 1.1575
Score: 7
Strategy: Bullish breakout
RUNE WILL GO TO HELLHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the RUNE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Now make 10% profit on RUNEUSDThi every one
complete pullback to the trendline with 10% profit Potential
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THORChain Bull Case!Hello friends,
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The current levels of THORChain present an interesting opportunity for both long-term investors and swing traders.
It's consolidating around 1.1$ level and showing positive signals at this level.
As of now, it trades at 1.18$
For those looking to enter a position:
I recommend a Dollar-Cost Averaging (DCA) strategy while setting a stop loss at 1.00$
This represents a 15% downside from the current price, and thus, provides a risk-managed entry point.
Alternatively, for a safer approach, keep an eye on the key resistance zone between 1.80$ and 2.00$ for a potential bullish breakout.
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NFA
DYOR
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Good Luck!
RUNEUSDT needs the breakoutRUNEUSDT, After receiving a fresh infusion of liquidity from the Weekly support level, the price is now being tested against the daily dynamic support. This pivotal moment is attracting the attention of traders and investors alike.
The daily dynamic support represents a crucial level that indicates the ongoing strength of the market's upward momentum. By successfully holding this support, RUNEUSDT demonstrates resilience and the potential for further gains. Traders who follow the strategies outlined by Plancton, a renowned market analyst, are closely monitoring this development.
If the price manages to break out convincingly above the current resistance, it would adhere to Plancton's rules and generate a clear buy signal. This breakout could trigger a renewed wave of buying pressure, propelling RUNEUSDT towards the 1.220 $ area. This particular price level acts as a significant target for traders, suggesting the potential for substantial profits.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
RUNEUSDT wants new liquidity?RUNEUSDT offers traders the opportunity to engage in speculative activities within the cryptocurrency market while minimizing exposure to volatile price movements.
In terms of technical analysis, recent market trends indicate that RUNEUSDT has been testing a crucial support level. This support level has proven to be a significant barrier for price decline, acting as a floor for the trading pair. Traders and investors closely monitor this support level as it serves as a critical indicator of market sentiment and potential price reversals.
However, in the event that the support level is lost, a new short position may be established according to Plancton's Rules.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐