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 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...
Guided by lines. Gradually slipping lower, fakeout, June pump on entire market. But not a good enough pump, until October.
Im gonna wait this price because btc already fail breakout the important resistance
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...
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=$14167
RuneUSD has pulled back from the upper trendline resistance The most probable scenario in the short term is gonna be a pullback towards its support around 8.35$, which is an area where i would accumulate. After this, and if support will hold, we should re-test the upper trendline around 10.73$, before breaking out of the triangle pattern. If a clear breakout...
Setup: Rune has been up on an uptrend recently and has bounced off its 200D EMA, meaning the uptrend is still intact. Furthermore, Rune has good fundamentals in its ThorSwap, increasing demand for Rune Entry: 9.6445 TP: 11.816( trail using SAR) SL: Trailing SL using SAR
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)
Rune potentially going to follow waves. interdasting might have to take a position
Current momentum is still downwards . Price action is slowing down and can be considered rangebound. Break of either range will dictate its next move. Short-term higher highs or lower lows will be required. Once we receive these we should see the setup play out. Trade safe, Sunny Kumar
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.