Decide for yourself, but given the fact that Real Vision is giving this so much attention and the pattern of a Wave3 looks validated.. i'm taking a position right here :-)
Mixed signals from this coin have me guessing at whether the ABC is done yet or not. On one hand we have confluence on this bounce matched with the 0.5-0.55 fib regions. On the other hand I'd like to see a deeper correction on this wave 4 matched with divergences across the board. I'm about 70% sure we will see RUNE hit the .618 region before making its next leg...
RUNE has been chopping for almost two weeks now. It's almost time for an ATH. Since the crypto market is in shambles, RUNE may test a lower low (10.5 - 9.7). It may also just go direct to the higher levels. Expect chop and set levels accordingly. This is not financial advice. Resolution time: 7 days or less Target: 14+
!!! the predicted waves can change !!! FTX:RUNEPERP
This is a pattern that eventually leads to price stabilization. Bullish target: 10.9 → small pullback to ~10.00 → 13 Bearish Case: Hard floor: 8.8 → If broken, 7.5 Time frame for pattern: 10 days or less
Ever since the 80%+ run up, RUNE has been in a consolidating wedge. I expect resolution time to before April 8th, risk/reward points to bullish. Target: 10.5 -> 11.8 --> 12.5 Resistance: 9.2 - 8.8 - if broken, wedge is invalidated. Event risk is always one of the most profitable but also riskiest market opportunities. In this case, due to the extensive testing...
I dont even know how to expand past the price on this chart any further on tradingview, anyways Rune to PT of $100 by 12/31/2021 just because.
If you misssd rune your chance is now with alpha. Rune formed a massive ascending triangle weeks ago while at a 150-200 million market cap. Alpha is printing the exact same structure with a $400 million market cap and much more to come. Do as you please
Reasons to sell Overextension of the RSI on the 4hr Bearish DIV on 1hr and 2hr Last time we saw a move like this was 04 Nov 2020 with a 20% correction happening Strong resistance at $6 Head and shoulders still intact (but subject to change as we are in a bull run and this is a bearish pattern) low success rate in bull runs Could see price revisit $4.80 ...
Price has gone up around 15% since yesterdays analysis, however i still see there being further downside on this pair. While this has gone up, ETH and LTC have stayed relatively stagnant, while BTC is currently ranging between 50-55k. As shown on the chart we can see a head and shoulders pattern has formed along with a hanging man at the strong resistance level...
*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I...
RUNEUSD (thorchain) showing ascending triangle pattern Break of this should see upside past ATH BTC very volatile recently, trade with caution!
RUNE is forming a falling wedge on the 1h time frame and the rsi is showing bullish divergence. Let's wait and see if we get a volume confirmed breakout the next time price hits the upper trend line. The pattern would be invalidated if price were to fall below the dotted line. Please do your own research.
Red lines are support.