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MJ_Imperial
Jun 19, 2022 6:27 PM

Thorchain RUNE long-term analysis  Long

RUNE / US DollarBinance

Description

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.

Comment

Accumulation started!

Comment

AROUND 1465% MADE ON THIS ONE!!!!

Take some profits guys!!!!! And continue holding towards upper targets for even more GAINZZ!!

Next target is previous HIGH = 15$ or Weekly WICK at 17.80$

Lets goooo

Comment

So we actually managed to sell the very top before price dropped -60%.

Be smart and use this opportunity as you can buy at -60% discount!

If price will fall even lower I will add buys as we are up 1465%! Would be nice if price visit our initial buy zone so we could accumulate even more.

Stay strong.
Comments
SwallowPremium
Thanks for sharing!
MJ_Imperial
@SwallowPremium, no problem :) Thanks for support
MJ_Imperial
@SwallowPremium, Hope you made great profits!!!
UnknownUnicorn10828932
what's your targets??
what i see is crazy
MJ_Imperial
@reza_1515, Hi,
What is crazy here?
RUNE's ATH was $22, expecting a 50% of the ATH is not crazy at all imo. When we look at the repeating pattern and price action.
So, based on your thinking every CRYPTO that is now DOWN its absolutely crazy to go back to 50% of the ATH, ATH or even above ATH? Interesting thinking....
UnknownUnicorn10828932
@MJ_Imperial no no no
check my post and you know what i see
what's your long term hodling target?
price discovery target
MJ_Imperial
@UnknownUnicorn10828932, Hope you made great profits!!!
MJ_Imperial
@reza_1515 @reza_1515 My friend. I make my analysis based on historic price action. Everything above ATH is blind guessing as there is no historic price action. So my reasonable target after the first one that I marked on the chart would be next high upon breakout of the longterm bearish channel and then ATH. I dont do blind guessing, only whats already on the chart.
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