THORChain⚡ broke out of the falling wedge with enormous Volume. If this is not accumulation then I don't know what is (see related ideas). Re-test of the BUY ZONE 4.4-3.4 from above would be great opportunity to get in/add more.
Targets 8.9, 12 and 18.3.
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Like a stone skipping across the water, Rune is touching and creating waves and bouncing further up the price pond. The fib circles show the arches and path Rune is making. The key intersections are showing areas of interest where bounces have been occurring.
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Buy level - $5.9 - $6.08
Stop loss - $5.650
Take profit 1 - $7.30
Take profit 2 - $7.40
Currently waiting for a pull back to the right shoulder before a buy position is taken to the respective take profits.
What do you think?
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RUNE try to back to 10 again, but for new followers, ThorChain’s consensus is proof-of-stake and built on Tendermint (Cosmos), with network validators (nodes) required to bond their native token, RUNE. RUNE has a token model that increases in value as the utilization of the network grows. This means that the more liquidity is deposited into...
Bitcoin has surpassed the 200 EMA (daily) which is a great step to continue the bull market.
Rune is in the accumulation phase from higher within the observed angle, if it breaks the resistance its main objective will be $ 12.5
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Hi Traders, RUNEUSDT on H4 if it gets above the Resistance from the channel it could go higher.
⬆️Buy now or Buy at 3.900
⭕️SL @ 3.210
✅TP1 @ 5.50
✅TP2 @ 7.0
✅TP3 @ 10.0
We will have more FREE forecasts in TradingView soon
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Contrarian trade. Seeing opportunity for careful accumulation on ongoing weakness, which Bitcoin may dilute or further amplificate.
We have a falling wedge and a high red TD count hinting a bounce within 2/3 days.
Unless Bitcoin slumps.
If so i'll further accumulate by lots down to the 3$ area and evalute in 2/3 months.
Designated targets are 6,7$ and 7,7$.
i am dropping top series of undervalued gems which has strongest potential to hit all time high. Rune has hit the bottom and now preparing to make new high very soon. we are at double bottom now also if you check RSi we are at 618 levels so max i expect RSI to touch 33.6 level (which is 786 levels basically used for sl hunting ) and we are currently at 37.98 on 4h...
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of RUNE.
According to my technical analysis , RUNE will go back to $20 level .
This is a short-term investing idea.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
I am buying Rune! Are you?...
ok I was waiting for another opportunity to get into rune, this hack was a huge blessing and anything under 6$ is my buy recommendation >20$ in the 1 year time frame. defiantly one to watch. You can clearly see it hitting all the fibos so its being accumulated by traders... watch for the up side short term >13$
THORChain (RUNE) is a decentralized liquidity protocol or, more simply, Defi exchange.
Quite a young project since 2019, but the launch of the main network took place in early 2021.
The cost of the RUNE token should be based on the price of $0.90-1 , exactly this price was before the launch of the main network. And then the RUNEUSDT trading pair grew rapidly...