Rune Ready to reverseAfter quite a big down trend we can see the bears weakening, as well as a broken trend line with a quite strong bull bar in a demand area!
Expecting the trend to have an at least minor reversal!
RUNEUSDT.PS trade ideas
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.
A Good Short in RuneShort the Rune from the Levels
Keep trailing Stoploss
Its already in Down Trend
It was consolidating/testing same levels for Long but it failed
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
hello my freindsrune prediction i think rune twill go like chart i draw i will dp risk entry in avarage trade i risk 1percent in this trade i will risk 0.5percent risk to reward ratio is 10-1 its gonna be good trade but it has small break out but i think it is false
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
long RUNE$RUNE is bouncing off the bullish trendline an dthe support level. Bullish movement to resistance level at 2,44$ is possible.
RUNEUSDTHi, I hope we have a profitable day
In my opinion, the downward trend is not over yet. It seems that the downward trend of the price will be completed in the yellow range of $1.678.
In the lower time frames (5 minutes) we have a tight movement, the price has come out of this compression from the bottom side. If the downward trend falls below the $2.01 range, the possibility of a price drop to the $1.678 range is not out of the question at all.
We would be happy to share your comments with us.
RUNE ready for correctionWe can see a micro double top plus a bearish wedge as well as exhaustion gap late in the trend, I'm expecting a major reversal from this point and at least two legs down!
NFA
Technical Analysis on RUNE - Why I am bullishThe market has been in a downtrend for months now and here we have a strong bullish divergence formed on 4h, indicating a trend reversal.
In addition to that RUNE is currently forming a W pattern and as well creating higher lower in an upward channel. It would not be out of place to see RUNE kiss the 2.49 resistance and beyond.
Cheers to the good life.
ThorChain #RUNE $RUNE (Jul-7)The $2 zone is a good support where we can buy RUNE and expect a break out of the $2.6 zone and continue to move towards the $3.4 zone with the Broadening Rising Wedge pattern. Currently, the buying power of RUNE is very strong in the past few days and we can believe in the growth of RUNE in the near future.
#Rune / #USDT : Analysishello? Traders, welcome.
Notes related to this analysis :
- The upward trend of the price has weakened
- The Medline has become resistance !
- The rsi trend may also break
So, if the upward trend of the price breaks down, there is a possibility that the price will reach the bottom of the channel
Rune / BTC Chart :
The price has reached the supply area and is likely to drop further
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RUNEUSDT UPDATEWe where short on RUNE yesterday, after securing partials at TP1 price came back up to our entry and took the rest of the position out for a breakeven, due to the extremely volatile whips in either direction that we saw yesterday on BTC.
Now i still believe the potential roll over on RUNE is looking beautiful here, price is sat below the 0.618 fib in confluence with 4H supply, we can identify price is consolidating in the form of this pennant looking for a push to the upside to remove the liquidity of shorts and trap bulls and rejection confirmations off the 0.786 fib for potential re entry confrimations
RUNEUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for RUNEUSDT
In the current chart, there are R1 and R2 as our resistance areas and they represent the disability of the price in order to rise. And S1 is our long-term support line that includes the support of the price at some points. At the present, we see the price fluctuating over R1 We expect it to fall to R1 (which is a good point to consider a long position) and then it is possible for the price to rise toward R2. We suggest you to the activate stop loss point(s) due to the unstable situation of the market. Also, it is probable for the price to move below R1 and even face more fall to S1.
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 4H Chart
Price bounced off the support area missing the 4h demand at $1.6. MACD is showing bullish momentum, RSI is bought and EMAs are neutral. I expect price to reach the 4h supply around $2.4 before potentially moving down again from there
RUNEThe price has formed a symmetrical triangle and is trying to break through the 50 MA. If the 50 MA holds, the price will drop to the lower border of the triangle. Breaking 50 MA will lift the price to strong resistance - downtrend lines
RUNE swing it
II divergence for short so be carful if you in long but aftet i get my X i will look for Z it is amazing if you know the roadmap
RUNEUSDT UPDATE Price has recently made a new bullish impulsive wave and formed a HH breaking above the previous swing high, which has been followed by a corrective move, the retracement is currently testing the 0.618 fib in confluence with the horizontal 4H demand, we have a beautiful wave ABCD potentially forming and i am looking to capitalise on the next impulsive wave.
HOWEVER everything on the 4H timeframe is currently bearish for a entry confirmation we need to see a 4H candle CLOSE above the identified resistance to confirm the change of character from bearish to bullish on the 4H timeframe, ONLY if the market satisfies our entry rules we will take this potential long swing trade
REMEMBER this is not a valid setup until the 4H CLOSES above.
$RUNERUNE breakout on the downside that might possible follow the SMC set up
It will possibly retest the low
#Justobserving
