Runeusdt inverse head and shoulders....Our last bullish analysis on Rune was not triggered as we didn't get the strong 1H breakout candle we needed for entries....
Am proposing this riskier but more rewarding entry.
We will be needing an impulsive 1H breakout of that cute inverse head and shoulders for entries on the retest.
Like and subscribe......1:48R which goes to 1:5.5R on scale-in.
RUNEUSDT trade ideas
RUNEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for RUNEUSDT
Based on our last analysis on July 5, we predicted a rising trend and now you observe that the price had a great rise and one of our targets is hit. Here we have R1 as a resistance area and it expresses the disability of the price to rise. And S1, S2, ad S3 are our support areas which show the support of the price at several points since the past. At the moment, we see the price fluctuating on S1 and we believe it will rise to R1. Also, it will have a fall to S2 and then by a pull back to S1, it will face a decline again.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
RUNEUSDT | RISING WEDGERUNEUSDT has been trading in a rising wedge . Price is at support of wedge.
A downward break from the range will call for more bears and price action may fall to horizontal support zone.
However, a few bullish candles formation at support will be too good for bulls.
Trade your levels accordingly.
12-07-2022 _ Update Short Term Bearish Idea _ RUNEUSDT H4That’s the 2nd follow-up on Short Term Bearish Idea _ RUNEUSDT H4 originally shared on 08-07-2022 with 1st follow-up on 11-07-2022.
Target 3 @ 2.078 ….. Achieved on 12-07-2022
Target 4 @ 1.994 ….. Achieved on 12-07-2022
Next Target
Target 5 @ 1.852
11-07-2022 _ Update Short Term Bearish Idea _ RUNEUSDT H4That’s a follow-up analysis on Short Term Bearish Idea _ RUNEUSDT H4 originally shared on 08-07-2022
1- Protection was tight @ 2.5 whereas the high of the candle was @ 2.528, therefore Stoploss Hit.
2- The price action created a False Breakout with Bearish Divergence on the MAs.
3- The price action created an Evening Star formation, therefore take re-entry.
Though there was histogram divergence between C' and C but it was all Positive Histogram Divergence. For a safer entry should gave waited for Positive-Negative-Positive Histogram Divergence, which eventually happened coupled with divergence on the MAs.
Though Stoploss Hit but Enter again @ 2.370
Target 1 @ 2.267 ….. Achieved on 11-07-2022
Target 2 @ 2.162 ….. Achieved on 11-07-2022
There are no signs against on MACD, therefore Targets 3 & 4 are intact.
Don't miss opportunity for long position RUNEUSDThello guys
RUNE has some event on 31 July for Planned Obsolescence and its above to break the trendline and I think its very good opportunity to open a long position for this coin
all you need to know is in the chart
look closely and make your position smartly
this is just my idea and not a financial advice
leave a comment
08-07-2022 _ Short Term Bearish Idea _ RUNEUSDT H41- Double Top formation.
2- Bearish Divergence between "A" and "C".
3- Bearish Divergence on Histogram between "C'" and "C".
4- Bearish Engulfing candlestick.
5- Harmonic Pattern.
As long as the Double Top holds my view remains Bearish.
Target 1 @ 2.267
Target 2 @ 2.162
Target 3 @ 2.078
Target 4 @ 1.994
Protection @ 2.500