Price has gone up around 15% since yesterdays analysis, however i still see there being further downside on this pair. While this has gone up, ETH and LTC have stayed relatively stagnant, while BTC is currently ranging between 50-55k. As shown on the chart we can see a head and shoulders pattern has formed along with a hanging man at the strong resistance level...
RUNE BTC looking good for entries Price action is respecting the daily and 4H support region
Get your wallets ready, wolves🔥 Did you miss Head and Shoulders formation? Here it is! Head and Shoulders on RUNEUSDT crypto pair. All the parts are done and now the price is heading to the breakout. Moreover there is a historical bullish trend and now the price is close to the support zone. If the price breaks it then Bearish movement will be furious Follow the...
RUNEUSD showing bullish divergence on 4H Daily resistance has also flipped from resistance to support Good entry for buys
BUY: 5.79 – 6.12 TARGETS: 1) 10 STOP: 4h candle close below 4.9 Rationale: -Price is moving upwards in a channel and broken through a key level (in blue). -Price has touched the top of the channel multiple times and is showing strength to break through. -As long as price remains above the key level we are bullish. -Expect a small retracement back to the buy...
THORCHAIN is leaving an ascending bullish continuation channel in which we see rising highs and rising lows. Within the same bullish channel we see how the price has entered a phase in which it does not look like it is going to look for the lower divergence again. In the daily chart we can see how the price has tested the 6$ zone several times. I think that if the...
Tracking RUNE last few weeks. See the related idea for more details. Triangle broken up, but now I do expect a pullback to the upper traingle edge (BUY-LIMIT level) in order to backtest it before going up again. SL is last local low. Target is height of the triangle projected from midpoint of the local range. Actually TP is bit lower, as 8 is round number....
IMHO the BUY ZONE needs to get tested as support. If it holds, the price could then make sort of triangle, and then break out to the upside. Well, just my imagination... :-)
RUNE/USD (thorchain) has broken falling wedge Even with lots of red this weekend in the markets, RUNE show lots of demand and quickly recovered each time We have now broken a falling wedge I expect RUNE to hit ATH in the next few days if price action continues like this
RUNEUSD (thorchain) showing ascending triangle pattern Break of this should see upside past ATH BTC very volatile recently, trade with caution!
ThorChain (Rune) has been in an uptrend for several weeks and and has been respecting a channel. 2/22/2021 Price has pulled back to the 61.8% retracement level which is in confluence with the demand line of channel. Expecting the upper boundaries of $6.40 soon
ThorChain (RUNE) could be the next backend for Binance and is, if this becomes true, poised to go upwards. Shortterm I am looking for a sweetspot-entry around 2.5$. The volume dropped slowly but consistently while the price rose. --> Bearish divergence. Also, the previous resistances were not really challenged to hold as support so far. Enjoy the ride and don't...
February 10th - 17th RUNE nosedived . A move that must have shaken paper hands I guess. But this time most coins had tsunami. Eventful week. From thence RUNE picked upwards again. Completed a wiggly move( W ). Then Boom it broke a familiar resistance level to $5 region Here it meets another resistance Potential Support at $4.3 mark. To break $5 cap 🎓,...
Still waiting for entry ALTs. What do you think? Which direction are we going? Feel free to ask/discuss anything on comment. Don't forget to follow and like.