══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ Since some weeks we have been spotting very similar scenarios on...
We've seen this in the past. Is history going to repeat itself? If so, prepare for another 3x!
Hello everyone ! As you can see all waves have been completed, So it might be the time for the price to retracement, I think if Rune loss the 3 Dollar Support Level, Its safe to say that this token would loss a lot of value. ---------------------------------------------------------------- Liked the idea? Comment, Like, Follow ✌
crab harmonic pattern: X=$45.2 A=$0.004 AB=0.38 XA BC=0.38 AB 1.6 BC=$0.32 2 BC=$0.54 2.24 BC=$0.74 2.6 BC=$1.21 3.6 BC=$4.55 0.78 XA=$6.17 4.23 BC=$10.28 0.88 XA=$15.65 1.13 XA=$151 6.85 BC=$323 1.27 XA=$567 1.41 XA=$2047 1.6 XA=$14167
THORChain (RUNE) with bull flag breakout and room to grow on RSI. Furthermore we got a nice bullish divergence even visible on the daily chart. A break of $14.61 (FIB 78.6%) and the bull party can start. What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not financial advice do your own...
THORChain RUNE in healthy correction after bearish divergence on RSI. This correction started at FIB golden pocket ($12.13-$12.60) as I proposed 2 weeks ago. A correction to volume support at $6.37 would be healthy and not concerning for Bulls. What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another...
In this small downtrend formed on RUNE the 50MA has been tested twice and rejected bullishly both times, this is happening again on the 50MA currently, price will likely bounce off the 50MA and break the down channel The 100MA was tested once during this downtrend (orange)
Looking good, adding some labels for better explanation. Being a RE-accumulation after the fomo/hype sell off top, the labels begin with typical distribution labels. IF all goes well, volume will drop off as the price set's a last point of support, we should then see a sign of strength leaving the range, most likely a back up to creek edge, and then a...
After buying RUNE @ $3.50, Looking for a short back down the descending triangle. OR we can see a breakout confirmation out to the topside.
RUNE has seen a strong rally above the 150 MA - very bullish, avobe the 8 MA Currently extending in overbought RSI, fast and slow. Looking for price to top at the red dashed arc, and complete the 5th wave on the (1D) and begin an ABC correction on a 5-3-5 EW count.
Trade using screener combined with orderblocks method, money management is on your risk.
THORChain (RUNE) with bearish divergence on RSI - correction healthy A correction to volume support at $6.37 would be healthy and not concerning for Bulls. At least at FIB golden pocket ($12.13-$12.60) a correction might start. What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not...
The low is not in, nor is the high Only key levels highlighted TP1 - VAL + Daily for a perfect confluence TP2 - Monthly TP3 - 100% extension TP4 - Daily
Thorchain (RUNE) Update: 420% gain back to the ATH, currently RUNE is only 147% gain away from the previous ATH @ $21.90.
It's a beautiful view on the weekly. Decreasing volume over the whole trading range, then a spring-like pop at the end just recently. Currently testing the MA200 and a break out of the COG (bottom) looks likely if the MA200 is broken. Dunno, I like it though. I think we have a potential accumulative scheme over this whole structure and I expect a test to the top...
5th wave target for RUNE is 10.81 5th wave target for RUNE is 10.81 HODL your spot
RUNE looks tasty...... But... due to the oscilations of Bitcoin is very likely that he will eventually re-test the support.