RUNE could go anywhere, next few weeks it will resolveunclear directions for RUNE USDT, will likely depend to resolve on its broader markets
RUNEUSD trade ideas
RUNEUSDTRUNE made a classic false breakout and now it seems to be forming daily BEARISH ENGULFING. Both arguments support further downside, at least temporarily.
RUNE Indicator AnalysisRune chart is looking quite bullish.
This Token did not have these kind of gains, like we can see on the Crypro Market (e.g. XRP, XLM, HBAR, ADA, ALGO). But I believe, this is due to RUNEs chart-structure. The Chart seems to be in an earlier stage of the Cycle.
The Coins named in brackets seem to be the fruntrunners of this Cycle.
Projects like Rune could in my eyes start gaining momentum,
and slowly catch up to the leading ones.
(This scenario of course requires
the whole bullrin to continue)
Technicals:
Since Jun 23, the 4day-BullmarketSupportBand (blue band) is providing beautiful support and resistance throughout the wohole timeframe. Over the last 60 days it has been a strong support. The Price bouned off to the upside. -> This is a very bullish sign in my eyes.
Elliott-Wave sub structure is creating a clear picture in my eyes, as well indicating a move to the upside.
Watching RUNEUSD Crypto Up 6.5% so far today. At breakout level
On the 15m chart you can see the current blue candle 15m pink vertical line indicating time/date (I'm in Australia), I had this red line marked as a resistance price and above this price RUNEUSD should continue to breakout more.
Up 6.5% so far today, a good day for a Crypto can be 20% to 40% so early days.
I will wait for confirmation of a breakout of this zone and price just above current price. I will look for a retrace and retest of this breakout price and then I will alert here. Cheers.
www.tradingview.com
Crypto RUNEUSD. Trade I took long 1hr ago. Lined up on the Daily
Thought I would briefly describe this long trade i entered in RUNEUSD about an hour ago. Volume levels are about average for Crypto, it is now aligned perfectly on the 2ooEMA Daily.
Price has moved back on me a bit. But I think it might go okay from here,
My brand new indicator-combos (100%free). Reversals+so_much_more
Youtube is littered with trading strategy's, as one strategy finishes another one is starting to play causing indicator-fomo, that's right, my new label and type of trader-FOMO which intentionally or otherwise keeps you going from strategy to strategy and in the process continually chasing your tail and leaving you to be diagnosed with analysis-paralysis through no fault of your own, too many indicator strategies dumped on you.
I don't do this on Youtube, I figure theres enough people regurgitating the same trading information, plus often the same talking heads who are promoting indicators in a paid endorsement. On the other hand, I am not afilated with ChartPrime, Bjorgum or any of the other indicator owners / developers whos' indicators I am simply borrowing for free to come up with my Strategy, which for all cents and purposes can be formed into varioius strategeies but all from the 1 Chart and indicator suite, sort of like a swiss army knife but only covering the strategies that are of interest to me,
1. Pullback trading with trend (200ema is below current price action) Or Reversal trading causing a new trend (riskier setups), but with additional confluences (that I offer) can be positive in finding a reversal. The first indicator I use for this is called.
#RUNE Elliott-Wave AnalysisMomentum is shortterm bearish, but many signs for turnaround in near future
RUNE is preparingThe idea is to check 2 other times that a similar situation was brewing.
If you look at the chart, in around 7-8 weeks of consolidation, after that it will pump like crazy.
I put my target in the range of 30-44$
RUNE - Target $20 - Falling wedge break outOn the weekly timeframe RUNE is breaking out from a Falling wedge pattern and can reach $20 te comming days / weeks.
Rune , the uncontrollable Evening chat. Here we have the logarithmic chart for the rune , one of my favourite babies, trend line broken and retested and atm we heading towards the sky . in my opinion we definitely gonna hit the ath but the optimistic case and obviously not so optimistic ( cause i think the chances are high ) , we have the secure juice tp cause of course we dont wanna sell cheap and then as we head for the price discovery daddy will update the chart .
Stay safe
$RUNE is bullishWhy do I have to write stupid meaningful explanations all the time
retarded trading view app forces me to do so all the time
just check the charts bro
RUNEUSD The 1D Golden Cross is the last buy opportunity to $38.THORChain (RUNEUSD) is about to form a Golden Cross on the 1D time-frame. It will be the first since September 06 2023, which at the time was incredibly bullish for the crypto.
As you can see basically, the pattern since the March 13 2024 High is quite similar to the price action from February 08 2023 to the time of the first 1D Golden Cross. Both sequences started declining under Lower Highs trend-lines and once broken, the 1D RSI turned overbought while the price entered a consolidation phase inside a Triangle pattern.
On the September 06 2023 Golden Cross, that Triangle broke to the upside just a week later and 6 months later it completed a +1368.50% rise from the bottom, reaching almost $11.500.
As a result, we expect a similar bullish break-out to take place and the upcoming 1D Golden Cross could perhaps be the last opportunity to buy. If the price follows another +1368.50% rise pattern, then we may very will see RUNE at $38.000 at the end of it.
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RUNEafter we printed a complete wxy, in a bigger wave 2. we saw an impulsive wave arise and a perfect hit in our green box. Continuing our trend towards the north, we now hope to see a response around the GP.
Losing the blue "undecided" box would not be good, and is also our last support level. The POC of the volume profile also falls in that zone. We would rather not see it losing that level, but it is also not impossible. Losing the $3.30 is a hard stop for myself.
for now i'm pretty bull on Rune
RUNE Analysis - What Shall we Expect !!!BINANCE:RUNEUSDT
RUNE continues to consolidate within a bullish symmetrical triangle pattern.
The ongoing consolidation maintains a bullish outlook for RUNE in the near term👀
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
RUNE: Poised for an Imminent SurgeI’m waiting for this setup as it still shows strength. CRYPTOCAP:RUNE
There are two demand zones at the bottom, with a breaker and an S/R flip in play.
I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction.
My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
Thorchain (RUNE) "ICO -- funding"Early funding for Thorchain was an ICO. As many people know the SEC in America does not take ICO funding for cryptocurrency lightly. They don't like it and many companies that were first funded as by ICO funding have found their way onto the SEC lawsuits list.
$RUNE gigabullish out of the lows up in a 3 of 3 of 3CRYPTOCAP:RUNE has solved many of the issues of DeFi, including high fees, governance, and now will have a suite of applications with integrating the $KUJI platform. Gigasend
Thorchain RUNE long-term analysis My RUNEUSD long-term analysis.
Higher timeframes provide clear view . BUT can you see it?
Will be buying in the zone provided. Be smart.
If anyone have any questions feel free to contact me or drop a comment.
RUNEUSD Bull Flag completed. Expect x10 rise at least!THORChain (RUNEUSD) is on its 1W MA50 (blue trend-line) for the 3rd straight week, after holding and rebounding on the 1W MA100 (green trend-line). In our view, this has completed the long-term Bull Flag (Channel Down) pattern that emerged after a +1428% rise from the June 2023 market bottom.
If we take a look at the previous Bull Cycle, a +1400 rise has been a norm during that run, in fact the rally started after a +1467% rise, which got doubled on its on the subsequent two rallies to the market top.
As a result, we expect at least another +1428% rise, thus putting our Target at a x10 state at $45.00.
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Bearish Short/Medium termI am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
THORChain (RUNE)Rune is another crypto project which has great features and possibly a bright future. After the corrective wave hit 0.382 Fibonacci retracement, it seems Rune is oscillating. It is too soon to conclude that the corrective wave is finished, it might go further down. However, there are two lines, one horizontal and another a downtrend, which can help us figure this out. Let's see what happens.
RUNEUSD head and shouldersHead and shoulders with target of 1,65 usd.
I dont have anything to explain more.
