Here's a look at Thorchain, ticker $Rune This looks like it an incomplete wave 2, having completed the X leg after getting rejected below the 88.7% fib. The corrective fib (multi color) and the impulsive fib (orange) line up between 1.60 and 1.20. This matches up with an Inside pitchfork, on the 2nd S.dev (standard deviation) line...the pitchfork isn't shown here...
Bullish on RUNE. Thorchain is on it's way back and highly undervalued atm imo. RUNE is making a nice run, and did a 2x in the last 11 days. For now, RSI gives a bearish divergence indicating we might see some consolidation before moving further up.
Exact same post like last time with a little update: Price got rejected at the 15$ mark which it will likely attempt to breach in the next hours/days forward. Will the price flirt with new all time highs (21$) ? Most likely it should ⚔️Fundamentals: Full release on November 1st 🤘 ''$THOR will first be launched on Thorstarter on November 1st. ''This will be a...
I don’t know what to expect now. I’m fully out of this trade, but i’ll start to buy something back once we touch the yellow trendline again. If the price consolidates under the $15 resistance for some time, it will be a bullish signal for me and i’ll buy back hard. In the last few weeks a lot of altcoins had bullish consolidations under resistance just to...
Thorchain (RUNE) Update: 25/10/21: Bottom @ $2.98, 62% gain back to ATH @ $21.09. Since the buy signal triggered on the daily chart, RUNE has grown over 80% in the last 5 days. 100% Gain to the 127.20% fibs @ $26.01 and 149% gain to the 161.80% fibs @ $33.27. Please see previous analysis below. Happy Trading :) Thorchain (RUNE) Update 19/10/21: Bottom @ $2.98,...
RUNE closing the week with a bullish, Thorchain native coin must know something What are your thoughts? comment below and follow for more
The price broke a rising wedge which is usually a bearish pattern and with a good volume candle too. See ya at $14 Good luck!
⚔️Fundamentals: Full release on November 1st 🤘 ''$THOR will first be launched on Thorstarter on November 1st. ''This will be a capped token launch, meaning each participant is capped at $300 per participant. This is intended to encourage much broader community participation (minimum 2500 participants) and to limit whale activity. Thorstarter has built a...
RUNE has seen some massive gains over the last days, jumping from $7.5 to $11.5. It is now approaching an important price point, well respected various times already. This can be a good time to book some profits. Those who bought at $7-8 are up ~50% and are yet to take profits as shown by the parabolic move. On the other hand, If it does clear the $12 area, it’s...
-- There are still 3 hours left for this daily candle to close, so in case it breaks out of the wedge I will update this idea later. -- After forming a double bottom under 200EMA on daily chart, yesterday the price smashed right through both moving averages and the key level of 9.23 finally reaching the top of the broadening wedge formation where it faced strong...
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After months of accumulation/distribution I think there is a breakout opportunity. I think this is due to the positive sentiment of crypto and the refusal to drop further on the demand levels. I also see the trend forming a pattern that is starting to look like a positive breakout
Thorchain (RUNE) Update 19/10/21: Bottom @ $2.98, 200% gain back to ATH @ $21.09. Rune price targets from the current price level: 127.20% at $26.01 (259% Gain) 161.80% at $32.27 (346% Gain) 261.80% at $50.38 (600% Gain) 423.60% at $79.68 (996% Gain) Please see previous analysis below. Happy trading :) Thorchain (RUNE) Bottom @ $2.98 05/10/21: Thorchain...
Been a rough couple months of accumulation for a lot of coins, I think we begin a new cycle and double ATHS going into Nov-Dec. Not financial advice.
Professor is in a GOOD mood today. I know a break-out when I see it and Rune is the next potential break-out. I am listening to this by the way: www.youtube.com 👨🎤🤘 thorchain.org for fundamentals, if you don't know the project already. Market Cap at 2,3 Billion can easily reach 5 billion given to what is happening in comparison (ICP at 13 for...
Chart is in our liking, over the biggest resistance and far away from all time highs..Looks good! Thorchain is a project we have covered before, not one of ur top-picks but definitely in our radar and occasionally in our portfolio. Could this be Rune'S WEEKEND TO SHINE? Possibly! News: How To Participate In The Rune & CoinMarketCap Airdrop NFTs and...
the chart 4H shows an inverted head and shoulders pattern. BULLISH 1st target 14,30 - 15,00 2st target ATH 3st target MOON this is not financial advice.
3D Breaker - candle that caused the down move below range got pumped back through LTF structure above it on this retest is starting to pick some bullish action Thus long bet is suitable with defined risk below the retest of the breaker Send it to $10 chads