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RUNE / TetherUS

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RUNEUSDT trade ideas

$RUNE/USDT trading plan. Great coin to hodl, I explain whySome History, so that we know what we are talking about: Thorchain is a decentralized liquidity protocol that allows users to easily swap assets across different blockchains in a permissionless and trustless manner. It enables cross-chain decentralized finance (DeFi) transactions by providing liquidity pools for various cryptocurrencies, allowing users to exchange assets without relying on centralized intermediaries. The project was created by a team of developers led by Chad Barraford, also known as "Chadwick Strange," who is the co-founder and CEO of Thorchain. The team behind Thorchain aims to address the issue of liquidity fragmentation in the DeFi space by enabling seamless interoperability between different blockchain networks. Thorchain's native token, RUNE, plays a crucial role in the protocol's operations, serving as a means of liquidity provision, governance, and security. Circulating Supply: 335,641,741 RUNE Total: 414,274,277 RUNE Issue Date: 2019-06-20 CRYPTOCAP:RUNE is supported by a resilient team that has been continuously updating since 2019. CRYPTOCAP:RUNE has 90% of its supply released to the public, reducing the risk of VC dumping and token releases. Most tokens are now used as treasury, which is favorable. CRYPTOCAP:RUNE , along with its main project Thorswap, is constantly adding new bridges and experiencing steady growth. CRYPTOCAP:RUNE preserves the anonymity of transactions, which aligns with the core principles of cryptocurrency. CRYPTOCAP:RUNE competes with Uniswap, which faces regulatory issues with the SEC. Consequently, many users may seek alternative platforms like Thorswap for coin swapping, providing potential benefits to $RUNE. I have been trading CRYPTOCAP:RUNE since it was worth $1.5 and it is now around $5 during this bull run, presenting a good buying opportunity and recovering strongly from the last CRYPTOCAP:BTC dump. The take-profit are indicated on the chart. It's important to note that this coin is highly volatile; it can experience sharp drops but also significant gains. Do Your Own Research (DYOR) and trade safely. Feel free to share your profits in the comments!
Long
by CryptoNikkoid
descending channel break outWhat Is a Descending Channel? A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Officially, the space between the trendlines is the descending channel, which falls under the broad category of trend channels. A more potent signal occurs with a breakout, which is when a security's price breaches an established channel's boundaries, either on the upper or lower side. When this happens, a security's price can move quickly and sharply in the direction of that breakout. If this move is in the direction of the prior trend, the descending channel would have been a continuation pattern. If the move is counter to the prior trend, the descending channel would have been a prelude to a reversal. going long here on the potential retest guys.
Long
by dead4586
1
RUNEUSDT: Bullish TrendRUNE/USDT is exhibiting a strong bullish trend, consistently forming higher highs (HHs) and higher lows (HLs). We are strategically waiting for the formation of the next higher low (HL) to enter a long position. Furthermore, spotting any bullish divergence at these new HLs will serve as a double confirmation of the ongoing bullish momentum. This setup presents an excellent opportunity for traders to capitalize on the upward trend. Follow for more detailed analysis and timely updates!
Long
by mudusir
RUNE/USDTRUNE/USDT Interesting price moment. Some key points I noticed - Price dump got handsome rejection on yesterdays daily candle closing. - Same happened today as it took support from exact same area from yesterday and it can make hammer candle on today's candle closing. - This exact area is previous resistance and can give support now. - Price action is clearly making HH. Note: As always need to keep an eye on BTC as its on his previous resistance(Can be new support). If BTC showed some bullish movement then we are on the move.
Long
by Mani_Crypto1122
RUNR: in channel📊Analysis by AhmadArz: 1. Support and Resistance Levels:** - Support:** Around $6.100 and $5.995. - Resistance:** Approximately $8.397 and $8.717. 2. Trend Channels:** - The price is moving within an upward channel marked by blue lines. - There is a clear uptrend with higher highs and higher lows. 3. Trading Strategy:** - Buy Zone:** Enter buy positions around the support area of $6.100 by SL: $5.935. - Target Prices (TP):** - TP-1:** $6.731 - TP-2:** $7.298 - TP-3:** $8.284 4. Overall Trend:** The trend is currently bullish within the ascending channel. The price is expected to move towards the target prices if the support levels hold. In summary, consider entering buy trades in the support zone and aim for the target prices within the upward trend channel. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Long
by ahmadarz
#RUNE/USDT#RUNE The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside The price rebounded well from the lower border of the channel at the green support level of 4.50 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 5.90 The first goal is 6.68 Second goal 8.32 Third goal 9.77
Long
by CryptoAnalystSignal