Yello, Paradisers! Are you ready to catch the next big move in RUNEUSDT? Let's dive into the details.
💎RUNEUSDT is currently following a bearish market structure, making it an ideal candidate for short opportunities. Recently, we’ve seen the formation of a Head and Shoulders pattern right after RUNEUSDT touched the bearish Order Block (OB) zone. This pattern...
RUNE has taken bounce from long time descending lower trendline support, and currently heading towards upper band of descending channel which is to happen within a week.
And if breakout from falling wedge happens, price can rise upto 6 - 7 $ in coming days.
Yello, Paradisers! Could RUNEUSDT be gearing up for a bullish breakout? Let’s break down the latest analysis and see what levels are crucial for this move.
💎RUNEUSDT is currently in a descending channel and has formed a cup and handle pattern, increasing the probability of a bullish move. However, we need more than just patterns to confirm the trend.
💎We need a...
RUNE/USDT Profit Analysis
1⃣ CRYPTOCAP:RUNE Currently 764% up from our Entry Setup
2⃣ Entry Zone: $1-$0.8 ✅
3⃣ I am Expecting $20-$30 in this bull Run
4⃣ If your Entry is Around $1 then don't forget to secure some Profit
5⃣ Strong Support = $4.10
6⃣ #THORChain is a decentralized liquidity protocol that enables cross-chain asset exchange.
💎 RUNE has broken out of the descending channel and has also shown BOS (Break of Support). Currently, we are anticipating a pullback to the Bullish OB (Order Block) zone.
💎 In order to confirm the bullish momentum, we need to see strong green candles, preferably bullish engulfing candles. It's worth noting that the Bullish OB levels are supported by the 200 EMA...
💎 Attention Paradisers, let's look at RUNE/USDT on the hourly chart. We see a head and shoulders pattern forming, which could mean a change in trend. The left shoulder and head show higher highs, while the right shoulder represents lower high. This could signal a shift from bullish to bearish.
💎 If the price goes below the neckline and the demand level at 1.334,...
💎 Paradisers, let's turn our attention to RUNE/USDT. On the 1-hour daily chart, it has broken out of a triangle pattern and is now sketching a 'W' formation, signaling the creation of higher highs. With this momentum, we could potentially aim for resistance targets at 1.108, advancing to 1.184, and even reaching up to 1.280.
💎It's worth noting that the 1.280...
RUNE had a catastrophic failure and in charts of days weve seen hammer on JUL 2021 and now its again. By taking low of RUNE as SL of hammer which is 3.244 with initial tgts of 4.1644 4.6444 and finally can reach 5.1118. Make sure they tend to fall much more so SL's is must!
So buying can be of CMP else if it breaks then 2.764 is near, (pfft, if it breaks hammerrrr)
- Rune has corrected down from its ATH of ~$21.5 to the bottom of the channel at $3
- It then broke out of the downtrend on Oct22-23 (first green arrow)
- It has formed a double bottom as on 19th Nov
- Showing strength for a long term hold
Can expect a 5X based on Fib 4.23 towards Dec-Jan
