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Runeusdtanalysis

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
Long
by VKtradesimbalance
RUNEUSDT: Could This Bearish Structure Signal a Major Move?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 strengthens the likelihood of a bearish continuation, but we need a breakdown with a candle close below the support zone for confirmation. This breakdown would also indicate a Change of Character (I-CHoCH) toward the bearish side in lower timeframes. 💎Now, if the price rises from the support zone, there's a chance we could see a potential Double Top pattern form at the bearish OB zone. Again, confirmation through an I-CHoCH is crucial before taking any action. 💎However, if RUNEUSDT breaks out above the bearish OB zone, it’s best to step back. There’s no bullish setup in play at the moment, so sticking to our rules is essential for long-term success. Remember, disciplined trading is the key to consistency. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Nathan
Is RUNEUSDT Poised for a Bullish Breakout?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 breakout of both the descending channel and the resistance zone of the cup and handle pattern to confirm a bullish move. 💎If there's a pullback, we can expect a potential double bottom pattern at the support level. To increase our confidence, we should wait for an I-CHoCH (Internal Change of Character) indicating a shift towards a bullish market structure. 💎If the price breaks down and closes below the support level, it will invalidate our bullish scenario. In this case, it's better to wait for a more favorable price action to develop. Remember, Paradisers, trading is about discipline and patience. Wait for clear signals before making your move. Stay focused and play it smart! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
RUNE - Under Elliott Correction Wave#RUNE 4hr. Chart Analysis CRYPTOCAP:RUNE at present going to #Bullish trend after the update news and it will be moving under Elliott #ImpulsiveWave and after completed its final Wave recently, it was starts moving towards first #CorrectionWave formally as well. From $3.1 at 7th Nov., its #ElliottWave starts and growen upto $6.6 around finally and now its correction wave starts that will be finish out approx. $4.5 to $4.3 before next week start-up with new cycle. Lets see, whats the actual movements of every cut-off points but major chances that it will be take a correction before another #Bullish trend towards next ride towards $13-$15 next time. Always #DYOR before investing or Trading and use #Stoploss into tradings, Its #NFA also, Follow me to like and comments on it to share anyone too...
Short
by AskToRahulSirohi
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