Thorchain (RUNEUSD) is on a very strong two-day bullish streak with the RSI breaking above its June 06 high. Last time we posted a trade on RUNE, it was the 1D MA50 (blue trend-line) that helped us identify a confirmed buy: The token has been trading within a Channel Down pattern ever since its May 18 2021 market top. As you see, on both Lower Lows...
Rune has made a perfect reversal pattern: 1️⃣ Inverted Head and Shoulder - reversal pattern in downtrend 2️⃣ Price broke above the neckline - pattern confirmed 3️⃣ Breakout was on increasing volume = high confidence This puts the price on a clear path to the next resistance at $3. Then re-assess. For now, the bias is bullish and the trend is clear in my eyes....
RUNE is trying to break the boundary of the trading range. Trading volumes show interest in price growth. The asset is above large liquidity. Main MAs are bullish (1H TF) Price has fixed above the 50MA (4H TF) RUNE is in the overbought zone of the BB indicator (1H and 4H TFs) The reversal signal down TD Sequential was ignored (1H TF) Price is in the overbought...
Price has been moving in a 24% downtrend range since it's breakdown from its $4 support. See my weekly swing analysis for lines drawn in the sand here: - (Take note of the full Fib retracement since ATHs @ 0.236 red level $4.09 - RESISTANCE) Standard DEVIATIONS can be seen at the top of the range at 13 & 16 May – there’s also one persistent deviation at the...
RUNEUSDT price is formed critical support and trying to honor it by moving around from few sessions. In the meanwhile, price reached very near a falling trendline. Any effort by bulls can break it and create a strong momentum or maybe it will take some more sessions to build momentum.
RUNEUSDT is in accumulation phase. Now, it is forming a right shoulder before going up. Rune has is a very good coin, it should be forming inverse head and shoulder for it to go up. First target should be double top at 3.9 usdt. Stoploss: adjust based on ur preferences. Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before...
RUNE Rejection on resistance and back to retest on support , we can see any IHNS pattern potential breakout the neckline and continue upward movement Buy zone : 2.8- 2.666 - 2.350 Target : 3.2 - 3.48 - 3.8 - 4.3 - 5.3 Stop : 2.25
Perfect position to go long for some Rune (Short term) Great Risk / Reward ration NFA
THORChain RUNE without the noise - good entry points These Renko-Charts are great for more calm and clear view - so we see the potential good entry area and the next support if $2.85 breaks. Do you use Renko-charts dear Crypto Nation? Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not financial advice do...
Hello everybody In this chart we dont wanna explain and say anything you can check last analysis to know the movement of price The chart is speaking to us Good Luck Abtin
I'll be buying if it closes and starts trading above the resistance (Red line). For now i watch. Cheers, ~Nav
This looks like it's in the making for a triple bottom. Price Action is in ranging in an 82% band since All Time Highs Price has been rejected at support near the $3 mark twice - this looks like the third bounce. The FACTS 1. Third time the 3 dollar mark is being tested. 2. On Balance Volume OBV is printing a massive BULLISH DIVERGENCE against the...
RUNEUSDT price is trying to gain some momentum after a few quiet sessions. Now price already broke the symmetrical triangle and broke the lower high with an excellent strong candle. Sentiments are good, so we expect an excellent upside towards 5.0$ and more.
RUNE is looking bullish from here as the price is moving in bearish channel. It can come up for making lower high and who knows break above
can clearly see a curve on rune . im pretty sure about it going too lower levels once it rejects from 5.28 level. there's alot of liquidity lying around the lower levels for rune.i was pretty sure about it when broke the trendline . theres also alot of gaps in both upper and lower levels so it should definitely follow when btc goes to 19.4
$RUNE has broken and held under the huge 3.3 support level, show with the large wick retest and failure on May 13. RSI is already very low, so trend is clearly bearish but may see some consolidation for a bit. Possible levels of support are as shown.
🤔 Wondering if this is too easy? head and shoulders showing crypto death everywhere making it too easy, although hardly any talk about the bleeding out of crypto's and more sales of Jpegs for millions.
Hey Guys, I bought RUNE and opened a little long position, little because of BTC. This could bring us nice gains :) NO FINANCIAL ADVICE | DYOR | HAPPY TRADING