Rune price dropped massively during the recent crypto crash amid inflation, Ukrain-Russia War & CPI report. Rune regained momentum after printing a LL of 1.43. After that point till tomorrow price has increased by 68%. There was a clear cup & handle formation spotted on the chart and major targets are already been met. After the breakout of C&H formation, price...
4H pullback checked
Negative funding rate checked
Break long term MA
Next resistance 8.54
Entry: now or 7.9
TP midterm: 17
BINANCE:RUNEUSDT BINANCE:RUNEUSD BINANCE:RUNEBUSD
A confluence of Western Technical indicators identify a zone of support suitable for placing buy orders.
RR: 2.76, 4.43, 6.70
3M: Pivots PP
1D: Bollinger Band Lower
1D: Fibonacci 61.80% retracement, EMA 144
1D: Ichimoku Senkou A
Technical analysis regarding the price of THORCHAIN in relation of dollar Binance for the next scenarios, based on 4 hour movement.
Price forming rising funds / tops, with the Exponential Moving Averages of 34 and 89 periods driving the price and, it is walking respecting this upward channel.
By projecting a FIBONACCI in that leg that the price gave, I manage to...
This one is looking highly interesting. I may start layering in slowly and set some larger order at my target. Anything related to COSMOS has been on an absolute tear and i have no doubt this one will as well
RUNE or Thorchain was one of fastest rising coin in last week
They puplished mainnet update and it's price made more than 2x just in one week. (from $0,4 to $0,86)
As it seen in the graph, RUNE made ATH and returned from the resistance and likely to fall after profit sales .
Also about 1.000.000 RUNE has been distributed to users who staked their RUNE and soon...