RUNEUSDT trade ideas
RUNE/USDT AnalysisFor the past few weeks whole market has been green all the way. But recently it is forming up bearish channel/patterns (ETH, BNB, MATIC etc). For RUNE it has formed up clean bearish channel which you could see here. For my analysis, RUNE could face big drop in coming few days! Watch out!
#RUNEUSDT 4H Chart
Price is overall still in an ascending channel. MACD is starting to show some bearish momentum, RSI is sold and EMAs are neutral. I expect price to retest the support line around $1.75 before potentially continuing to move up. This support line has been tested many times however which makes it weak so longs would still be risky. Waiting for confirmation.
#RUNEUSDT 4H Chart
Price is still ranging in an ascending channel and it is currently close to retesting the resistance line. MACD is showing strong bullish momentum, RSI is bought and EMAs are neutral. I expect price to break through this resistance line and keep moving up aiming towards the 4h supply zone at $2.16.
RUNEUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
RUNE Thorchain Long spot trade I think RUNE will make a big move...very soon. And It's gonna run fast when it breaks daily (and weekly trend). If market continue to explode RUNE will be one of the really fast movers. In this spot trade I wouldn't wait for the trendbreak. I think the risk reward ratios is good as it is 1.6. RUNE is lagging compare to many other coins and I think its high probability that RUNE is one of the next coins that makes a big move - non financial advice.
Timeline for the minor bull market (based on RUNE chart)RUNEUSDT chart gives a comprehensive outlook on when the current bear market can probably end and the interim (minor) bullmarket start.
I'm not speaking about the major bullmarket similar to 2020-2021, which obviously is determined by Bitcoin's halving cycles, but rather an interim smaller bullrun with lower highs, which are nevertheless enough to cause high retail demand and money flow.
The downtrend set by the highs of THORChain (Rune) intersects the 'projected' price of RUNE approximately in 6 months, forming a perfect double bottom. This is especially remarkable, since right now we are in an upthrust (bull trap, if we agree with this logic) which may lure many retailers in what they believe is a 'recovery', although it is not.
The fact the the line of the downtrend being projected further forms a second bottom mirroring the already formed one, made me think that this can be an indication of the end of the bear market (when the price breaks above the trendline).
Of course if you look at any other crypto chart, including BTC, you also will be able to see this ~160 day bottom we've gone through by now with a minor upthrust we're currently in, but RUNE is the first chart where I so a second visible confirmation in form of intersection between the end of the second bottom (not yet formed) and the projection of the trend line.
RUNE SHORT SETUPHi, 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
RuneUsdt Close to 2GoldenCross2Golden Cross Can happen
Run moving on wedge and can be drop
but market is good for pumping projects
so btc not dump others coin can be move up
only should btc save position and not drop.
GL
EntryPoint:
1.478
Supports:
1.355
1.211
1.135
1.063
Resistance:
1.632
Targets:
1.862
2.204
2.731
3.053
3.586
MidTime:
4.843
6.001
7.880
HODL:
10.642
13.186
17.316
GL
we close to GoldenCross and MA20 Cross Ma100
this can pump more and going touch MA-200
2GOLDEN CROSS
Ma20 now Cross MA 100
And Close MA 50 Cross MA 100