Clear oportunity to go long, trend line still intact, bounced on the weekly 20 EMA Target 25% from now
To get a full gist of what's going on here, take a look at my initial analysis and my thought process behind what you're seeing: ------------------------------------------------------------ TL;DR from prev. post's: I've realized for a while that nothing is new in the market, and its the same patterns over and over due to high correlations, among other things...
Looks like RUNE is heading towards 11.1 range, with a few stops along the way. Probably not the best entry point at the time of writing. I'll wait for RUNE to either break the high of April 14th, or it might try to retrace within the grey channel or go lower towards 8.6 or Support, then I'll be able to pick a better entry. Volume and general metrics are in a good...
Rune has broke out the downtrend on daily chart and bounced from 0.618fib, recent top $13 can act as resistance. DYOR- Not a financial advise
$RUNE bounced off the support level and broke through the descending trendline. Bullish movement to resistance level at 12$ is likely to happen.
Hey Guys, you should have RUNE on your watchlist. I look for the breakout to get in my long position! NO FINANCIAL ADVICE | DYOR | HAPPY TRADING
Stop loss : 7.38 range Profit limit : 9 range R/R :4.5 WR:65%
A DB with a well-shaded load signal is visible on the bottom line of a long-term uptrend channel Stap limit below : $ 11 Profit limit range : $ 13 Risk/reward : 4
this is my theory about rune being in a accumulation zone. we should see a giant move down to the spring zone. which long term is the .618 fib. let me know if i need to simplify it more.
this is my theory of rune being in a accumulation stage. everything should be written out. hope you guys enjoy :)
if we see this break above the 9.5 resistance level we can expect a nice 20% move up until the weekly highlighted resistance zone in my opinion
I think it is completing the last wave of correction
This is my possible set up on RUNEUSDT hopefully BTC won’t spoil the set up for usdt Entry matters DCA WOULD BE NICE TOO BUT USE LOW LEVERAGE THE JOURNEY IS FAR Success all traders
potential morning star at the bottom of a zone. tell me what you guys think we are also at the bottom of the Bollinger band.
big liquidity zone we are in now you can see it goes back a couple weeks now. resistance turned into support. this looks like a gigantic falling wedge to me we just broke and are came back down to accumulate more. 4 hr chart i see a massvie cup and handle. low rsi and mac d finally turning white on the 1 day makes me believe we are in a re test liquidity grab...
You can take profit with Rune on this descending channel until it reach 7.17 price market or around 0.618 fibonacci level.
RUNEUSD Can grow by mor than 36% now price cross up and pullback to 'SMA200 Daily'
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.642). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . RUNEUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...