RUNE On supportRUNE Reached strong support zone in the $7 area. If this support will hold and the price will get enough strength to break above the short term trendline, i expect a pump till $10
RUNEUSDT trade ideas
⚡ RUNE Trade Setup ⚡📊 Analysis:
Market Observation: RUNE is experiencing resistance that may convert into support, presenting a potential buying opportunity.
Current Situation: The buy zone spans from $6 to $7.4, with a secondary buy zone from $3.2 to $4.2 for further accumulation if prices drop.
Strategy: Utilize dollar-cost averaging (DCA) within the specified buy zones, with additional dry powder reserved for potential lower levels, such as $4, in case of a significant sell-off.
Entry Points: Initiate buys within the $6 to $7.4 range and consider additional purchases within the $3.2 to $4.2 range.
Take Profit: Target profit-taking at the next areas of resistance, aiming for $13 and $20.
Stop Losses: Implement a soft stop at a daily close below $5 to manage risk, with a hard stop set at a daily close below $3 to mitigate losses.
🌐 Note: Stay vigilant for confirmation of support conversion and potential upward momentum before entering positions. Adjust the strategy based on market dynamics and consider factors such as trading volume and overall market sentiment.
RUNEUSDTRUNEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
Rune Swing ShortRune Supply zone and trend line swing short.
Get up to supply zone after bearish retest of trend.
swing failure, short trigger to last cluster
Probably wrong on this, but invalidaion is clear and R:R is there.
RUNE TWO LONG SETUPS Holding above 4.246 is bullish and you can set a stop below which is good R R.
Below that I would look at 3.316 where there is also a 200DMA and an excellent price for DCA
Below I will post my zones where I am looking to insert DCA on this altcoin because there is already a big discount
RUNEUSDT - Ready to breakout*RUNEUSDT CMP - $6.35 / Positional Trade*
*Buy Range $6.35 - $6.40 / Strict Stop Loss $3.50*
Target 1 - $7.50
Target 2 - $10
Target 3 - $12.50 / $15
Disclaimer: This is my view and for educational purpose only.
RUNEUSDT Trend Line BreakoutRUNEUSDT Technical analysis update
RUNE price is breaking its resistance trend line with high volume and trading above the 100 and 200 EMA. This suggests a bullish movement.
Buy zone : Below $6.40
Stop loss : $4.90
Regards
Hexa
2024-03-12 Davidd Trendhoo RUNEUSDT 15mSettings for Davidd's Trendhoo strategy on RUNEUSDT.P Bybit 15m long only
RUNEUSDTIn my opinion, the broken trend and retesting is very suitable for long-term buying. And it can grow up to 21 dollars
#RUNIn an upward rally in the weekly and daily time, if the resistance range of 6.25 is broken and by maintaining the green box area, it can continue its growth after the resistance is broken in the case of a pullback until the next supply area.
Ascending Apex: RUNE's Breakout Poised to Chart New Heights
Trendline Breakout: The central focus is on the cyan trendline that has been capping the price. A close above this trendline would signify a breakout, indicating bullish momentum. We will be watching for a decisive candlestick close above such a resistance trendline as confirmation of strength before initiating a long position.
Retest Strategy: A conservative and strategic approach involves waiting for a retest of the breakout level, which was previously resistance and may now turn into support. Entry at a retest offers a favorable risk-to-reward ratio because it allows for a tighter stop-loss just below the retested trendline.
200 EMA and the 50 EMA: The price is currently above both EMAs, suggesting a short-term bullish bias. The EMAs also appear to be providing dynamic support for the price action.
Overall Uptrend: The broader perspective shows RUNE in a general uptrend, which is the direction of the path of least resistance. A trend-following trade in an uptrend typically carries a higher probability of success of this trade.
Market Sentiment: Staying attuned to overall market sentiment and news specific to RUNE will provide additional context for the trade, as fundamental factors can swiftly impact technical setups.
In summary for now we are not doing anything and we will be watching closely where today's Candle will close. The close above the cyan trendline followed by a retest offers a prudent long entry point with a confluence of bullish indicators. Patience in waiting for these conditions to be met could provide a more confident entry with a well-defined risk profile. The current position of price relative to the EMAs and the general uptrend add further weight to the bullish scenario. However, it remains critical to monitor the trade and adjust to any new market information or technical developments.
Peace out.
RUNE/USDT LONG MIDTERM The coin is excellent to pump during the growth of the market, the technical cycles of this coin are clearly visible on the graph, we also see the divergence and figure of Adam and Eve, I believe that we can soon see the potential growth of this asset at least 200 % min
First tp - 5.62
2nd tp - 7.96
*** If the market maker wants to surprise the length of the start, then insurance orders will be 0.91 and 0.433
RUNEUSDT LONG-Swept Sell Side Liquidity
-ICT Entry Pattern
-Bullish Daily Bias
Stops Below Raid Level
Tageting Previous Highs / Buy Side Liquidity
ATH ?? Potential future price development of RuneIt sounds maybe too optimistic about the potential future price development of Rune (RUNE) based on its current price trajectory. If the market capitalization reaches around $5 trillion and there's a steady increase in dominance, i foresee a new all-time high (ATH) for RUNE. It's essential to consider various factors, including market conditions, project developments, and broader industry trends, when making price predictions. While my assessment reflects confidence in RUNE's potential, it's crucial to monitor the market closely and adjust your strategy accordingly to manage risks effectively. Pls feel free to comment
Disclaimer: The views expressed here are for informational purposes only and should not be considered financial advice. Cryptocurrency investments are subject to market risks, including price volatility and loss of capital. Before making any investment decisions, individuals should conduct their own research and consult with a qualified financial advisor
RUNEUSD 1DRUNE ~ 1W 📈
#RUNE Successfully penetrate this Resistance Line, Make purchases Gradually when retesting this resistance line, with a Minimum Target of 15%++ 🚀
RUNE Showing an impressive investment opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 870 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
RUNEUSDT.PRUNEUSDT.P is in bullish trend.
Potentially printing HH and HL.
No sign of reversal buyers are strongly active .
RUNE IS READY TO REIGNRUNE has some pretty great news in the coming days. They are gonna burn 60 Million RUNE which now has a face value of 360 MILLION DOLLARS. And this is being done as part of their upgrade related to the loan proposal against BITCOIN AND ETHEREUM.
People can borrow 50% of the face-value of your assets without paying any interest or getting liquidated against the loan that you borrowed.
This is gonna change a lot of things for the THORCHAIN adoption, when you can just park your BTC and get 50% facevalue as loan without paying any interest.
Highly BULLISH ON RUNE
RUNEUSDTRune Bounce Back from its Previous Support on Daily TF. As MSB(MArket Srtucture Break) is also happend in internal Structure on Daily TF.
Descending Channel is formed. If Rune Breakout this channel with strong volumn, then we can expect upside movement toward its SR (Support Resistance) Level.
#RUNEUSDT#RUNEUSDT
CRYPTOCAP:RUNE
Sometimes the market presents itself so cheap, we moving as expected, slowly but surely, expecting more pump on this coin
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