RUNEUSDT Thor's hammer almost Ready on a HighProbable QSD SetupAgain lets talk just the setup and what has just happened on the immediate left, QS1 in Blue, QSD1 Lift below QS1 bound to go beyond the HH of QS1 in blue.
Same repeating for the bigger QS2 Fractal in white. We are at the QSD2 Bounce level (2.51). after giving a wick below the line, if we are holding this level.
This is major buy SIGNAL till the QS2 HH (In white) and beyond
The trade is as marked
Trade Range
2.68->3.69->4.2->6.2->7.89->11.11
SL is as marked on the trade 1.91 Tight Relaxed 1.68
We might get similar waves structure or faster as marked in Green based on the replica of Previous lift @ QDS1
Safe trade is from Fib 0.5->1.619 of the Fib marked based on the expected first impulse of QSD2 Bounce ( Hence an early call )
But the extended targets are at fib 4.2 levels @11.11 $
What this Pick !
As its baby coin VTHOUSDT just showed us, something is cooking by moving from 0.2->1.2 almost 6X in a day.
This trade might also execute like that, MIGHT !
BOOM !!
Runeanalysis
Rune Thorchain Bullish Setup & Crypto Commentary - Rune is currently trading at 5.5$
- Market Structure has so far remained Bullish where we can see a continuation of higher highs and higher lows
- Spot buyers can easily expect Rune to pierce 6-6.5$ soon.
- Long Term targets can be 7.8-11$
- Bitcoin has a high chance of filling its Fair Value Gap and mitigating 62,000$ if that scenario gets fulfilled
- Accumulation Zones for Rune in a DIP - 4.1-4.6$
- Manage risk and do not FOMO for entries and get trapped in late buying
RUNE: Bullish Breakout Signals Potential Upside Momentum💎 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 (Exponential Moving Average), adding further confidence to bullish traders.
💎 Moreover, upon analyzing the chart of RUNEUSDT in a larger timeframe, we can observe a potential formation of a bullish flag and pole pattern.
💎 However, in the event of a breakdown below the Bullish OB level, it would be prudent to avoid seeking opportunities against the prevailing market trend.