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RUNEUSDT.P trade ideas

RUNE to $14, falling wedgeOn the above chart price action has corrected over 70%. A long trade now presents itself, but that’s all. This is not a long term forecast by any means. 1) Price action breakout. (RSI remains in resistance). 2) Price action confirms support on past resistance. 3) The falling wedge top and lower touch points allow a near term forecast for price action, $14 area or 170% from current levels. Is it possible price action corrects further? Sure. Is it probable? No. Ww
Long
by without_worries
4
THORChain Aiming Lower 4X SHORT—246% PotentialWe are looking at both, bearish and bullish charts. The bearish ones are those that produced astonishing growth last year and into early 2024. The bullish ones are those that are trading at bottom prices or at new All-Time Lows. ➖ THORChain (RUNE) peaked in March 2024, it has been bearish since. We have the same chart patterns and price dynamics as the other Cryptocurrency kings and queens. Is the correction over? We will soon know! Those trading at bottom prices likely ended their correction already, those trading higher might have one final drop to go through before the correction is over; the last leg-down, the final market flush. When the giants crash, money will flow from the big projects to the smaller ones. We already saw some of this yesterday and today. It is likely to intensify in the coming weeks. The market is mixed, it is not easy to navigate. Focus on one chart at the time and all is good. See the trade-numbers below: ➢ SHORT RUNEUSDT Leverage: 4X Entry levels: 1) $5.755 2) $5.250 3) $4.880 Targets: 1) $4.555 2) $4.130 3) $3.763 4) $3.211 5) $2.831 6) $2.155 7) $1.951 Stop-loss: Adjust to your own risk tolerance Potential profits: 246% Capital allocation: 3% ___ Remember to do your own research and planning before trading, this is not financial advice. I am sharing my views and opinions of the chart. The markets are unpredictable, that's what some people say. This doesn't matter, we can still use our brains to trade... The market can be predicted, the proof is in the charts. Thank you for reading. Namaste.
Short
by AlanSantana
4
$RUNEUSDT: Ready to Break Out! BINANCE:RUNEUSDT has recently broken out of its downtrend and is now forming a symmetrical triangle, signaling a potential breakout that could lead to a significant upward movement. The fundamentals behind CRYPTOCAP:RUNE are strong, supported by a dedicated community, which adds to its long-term potential. Traders should keep an eye on the breakout from the triangle, as this could ignite a major price surge. As always, remember to set a stop loss to manage risk effectively while taking advantage of this exciting opportunity. BINANCE:RUNEUSDT Currently trading at $5.2 Buy level: Above $5.25 Stop loss: Below $4.38 TP1: $5.7 TP2: $7 TP3: $9 TP4: $11 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Targeting $20: RUNE’s Path to SuccessI had to create another post on RUNE because the last one got super messy with the entries at $3.23. CRYPTOCAP:RUNE I wanted to highlight the strength it will have once it pushes above the moving average and starts printing blue candles. The last time it did that, it pulled a 7x, and this time I’m aiming for $20 as my first target. The weekly chart is also active and could go berserk if it manages to close above the moving average and stay there. I’m adding on dips and holding until BTC peaks around October next year... hopefully! www.tradingview.com
Long
by ZelfTrade
Important volume profile section: 5.163 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTC.D 1M chart) I think that in order for the altcoin bull market to start, BTC dominance must fall below 55.01 and be maintained or continue to fall. If BTC dominance rises above 62.47, I think that altcoins are likely to show a sharp decline or plunge. Accordingly, I think that now is not the time to trade altcoins. To trade altcoins, you need to respond quickly and briefly. ---------------------------------------- (RUNEUSDT.P 1M chart) Since a volume profile section has been formed around 5.163, the point to watch is whether it can receive support and rise around 5.163. - (1W chart) In the 4.404-5163 section, the M-Signal of the 1W chart > the M-Signal of the 1M chart, showing signs of transitioning to a regular array. Accordingly, whether there is support around 4.404-5.163 is an important issue. - Based on the current price position, since the HA-High indicator of the 1W chart is formed at the 7.683 point, I think that it is highly likely that a full-fledged uptrend (stepwise uptrend) will begin if the price rises above 7.683 and maintains its level. - (1D chart) The point of interest is whether it can receive support near 5.421 and rise above 6.605. If it falls below the 5.050-5.218 range, you should check for support near 4.404. - Since the StochRSi indicator is located near the 50 point, there is a high possibility of volatility. Therefore, you should check for support and decide when to trade. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
RUNE’s chart shows signs of a potential breakoutCRYPTOCAP:RUNE ’s Daily chart shows signs of a potential breakout, positioning it as a good opportunity for traders. Here’s a quick breakdown of the recent market analysis: Stop Loss: 4.574 Take Profit (TP): TP 1: 5.648 TP 2: 6.319 TP 3: 7.407 The daily chart looks ready to break out, but it’s important to keep an eye on liquidity issues. The liquidity on centralized exchanges (CEX) is shrinking, and most of the action has moved to decentralized exchanges (DEX). This is a classic PvP (player vs. player) scenario, where low liquidity across the board means slower movements, but for those playing the game right, there’s a chance for rewards. Rule: - I don't trade more than 3% of my capital (in leverage account). - If the price hit TP 1, I will exit 25% of the volume, and I will put the stop loss in the Entry Price - If the price hit TP 2, I will exit another 25% of the volume, and I will put the stop loss in TP 1.
Long
by AlgoVesting
Thorchain "RUNE" long - will start moving soonRUNEs chart looks super strong both in short and long time frames. A daily close above 5.4 can be the starting point of a fairly quick 35% move to the next target which is 7.3. Strong fundamentals will sooner or later be reflected in the price. I think an explosion in price is a possible scenario. We are currently in a market where it may soon be too late to take a position, if you're a rune bull, it's definitely time to be ready to take a position or add. If BTC starts to move rapidly upwards I see RUNE accelerating in price - non financial advice.
Long
by TaTaTaCrypto
Ride the rune today!Rejection at past range POC but we are currently range bound and above the local POC. Expecting to break through as RUNEBTC also shows a sign of confluence (simple resistance to support flip) By toggling the log chart, a basic 5 wave structure is easily seen. Wave 3 is currently impending Although this could turn into a standard correction, (ABC, etc.) we are still bound to reach the VAH of the past range. IT IS A HARD TAKE PROFIT 1! It is too good to be true but this asset's wave 1 is a 1000% the possibility is never 0 Hard stop loss will be the low of the local range! (4.4) Entry: 5.15 SL: 4.4 TP1: 6.7
Long
by christoferjuliussayco
THORChain Bullish Since June 2023 (955% Target Revealed!)If we were to calculate our end target, $55.55 as a new All-Time High in 2025, from the June 2023 bottom, total growth would amount to 7,047%. With each passing day, week and month, growth potential becomes smaller. That is why I like to get those pairs trading at the bottom, near support. The lower the entry, the higher the potential for growth. Some pairs are moving up while others are moving down. Here we can see how THORChain has been bullish since June 2023. We saw some pairs that bottomed December 2022 and we are seeing some pairs that are hitting lows now such as CTSI and CTXC. For the purpose of spot trading, even though all pairs are good, we get the ones trading at the bottom because they offer less risk and a higher potential for reward. While the bull-market tends to promote growth all across, those that are ahead tend to have less room left for growth. Some other examples are those chart that I shared recently with 2,000%, 3,000% and even 4,000% growth potential. The reason why the potential is so high on these, is because they are still trading at bottom prices, while others have been growing for years. So a big market, strong variations. This is all good. We can choose what works best for us. Today this pair is good, at another time we can choose another one. We have the advantage of having the BTC side of the market, and we caught all those at the bottom and many are still at the bottom. The disadvantage of the USDT side of the market is that many are already too advanced. Buy low, to sell high. Here we have RUNEUSDT moving straight up. The recent correction hit the 0.786 Fib. retracement level for the full wave that started in June 2023. This is the standard reversal point. We have the cup pattern and prices trading above local support. Additional growth is possible as shown on the chart but this is based on the long-term. Patience is key. Buy and hold —let the market take care of the rest. No leverage, no margin; no risk. Thank you for reading. Namaste.
Long
by AlanSantana
#RUNEUSDT Ready for a Major Breakout From the Falling WedgeYello Paradisers! Are you prepared for what could be a game-changing move of the #RUNE? Let's look at the latest analysis of #THORChain: 💎#RUNE is currently showing strong potential for a bullish continuation from a critical support zone at $3.50. We've been closely monitoring #THORChain as it follows a falling wedge pattern, and it now seems poised to break above the descending resistance line. The internal resistance at $5.43 is the next key target for #RUNE. 💎If #RUNEUSDT holds firm at this level, we might be on the brink of a significant bullish rally, reminiscent of previous market moves. A breakout above the crucial resistance at $5.43 could set the stage for a push towards the next resistance zones, potentially taking us even higher. 💎However, it's crucial to exercise caution. If momentum weakens at this critical support, we could see a pullback to the lower support area around $2.53-$2.78. 💎Stay vigilant and keep a close watch on CRYPTOCAP:RUNE 's price action. A daily close below this demand area could invalidate the bullish scenario and open the door to further declines. Stay focused, patient, and disciplined Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
Rune: Rolling or Rune dIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bullish Scenario: Price Holds Above $4.945: If the price holds above this interim high and continues to follow the Elliott Wave structure, it may head toward the next Fibonacci extension target of $6.50 and beyond. Bearish Scenario: Price Breaks Below $4.945: If the price drops below the $4.945 support level, it would indicate a deeper correction or possible invalidation of the current bullish count. Invalidation Below $4.565: If the price falls below $4.565, the current bullish wave count would be invalid. In conclusion: Bullish if price holds above $4.945, targeting $6.50 and higher. Bearish if price drops below $4.565, indicating further downside potential. Trade Safe. Trade Clarity.
Long
by CryptoKnee