The buying force is continuously being pushed into RUNE from the $3 zone. In the near future, RUNE may have a recovery with the target zones at $3.6, $4,2 and $5. However, if it loses the $3 zone, it will continue to fall sharply and we will need to watch carefully when it approaches the $2.6 and $2.2 zones.
♻️Condition : If 1-Day closes ABOVE 3$...
RUNEUSDT price is trying to gain some momentum after a few quiet sessions. Now price already broke the symmetrical triangle and broke the lower high with an excellent strong candle. Sentiments are good, so we expect an excellent upside towards 5.0$ and more.
$RUNE look like it's behaving in a ranging pattern (like most of the crypto market right now)
However this pattern i've found on RUNE looks very clean for a long-shot.
1. Price action is moving in a 27% range bound since breakdown and restest*** - see fib levels.
2. Price is reaching the very bottom of the 27% price range.
3. Price has respected a...
On the above 1-day chart price action has corrected over 75% since April. A number of reasons now exist to be bullish, including:
1) A ‘incredible buy’ signal has printed.
2) You know what, I’ve not got the time.. gotta dash..
Risk: <=6% of portfolio
Timeframe: 1 - 3 months
Return: 3x minimum
No investment advice!
Most info on the Chart.
To be honest im not a big fan of posting altcoins at this market conditions.
Rune looks very decent here, with tight SL we have a good R/R
Keep in mind the crypto market could drop even more!
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA...
RUNE Ways to Go -
If daily makes a closing below $2.87, we will surely see downtrend.
If it doesn't, we can see a start of an uptrend towards $10.
Volume is huge, a deviation is formed.
Let's see how it goes. :)
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Everything on the chart.
Entry: market and lower
Target: 8.5 - 12 - 19
after first target reached move ur stop to breakeven
Stop: ~3.9 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
This idea presents Long opportunity for RUNE... which is quite solid project, and form quite different structure from other " S "-coins. :D
In my opinion we are actually forming wave (v) of C or 3 down. so Im waiting for LONG signal on 4H RSI which is currently Konverging.
My Buy zone will be area 5.2 to 3.8 USD.
Sell zone is 6.5 to 7.5 USD....
$RUNE has broken and held under the huge 3.3 support level, show with the large wick retest and failure on May 13.
RSI is already very low, so trend is clearly bearish but may see some consolidation for a bit. Possible levels of support are as shown.
🤔 Wondering if this is too easy? head and shoulders showing crypto death everywhere making it too easy, although hardly any talk about the bleeding out of crypto's and more sales of Jpegs for millions.
The price is moving in a downward channel (logarithmic chart), the price is at its lower boundary. Right now the price is squeezed between $3 and $4.
If the $3 zone is held and the general background of the cryptocurrency industry is positive (bitcoin price), there is a probability that the price will return to the channel resistance in the area of...