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 !!
Runeusdtlong
RUNE 1W UPDATE Rune 1W Analysis:
- Rune has shown an impulsive move staggering gains of around 200-250% from our entry
- Rune currently is at a weekly supply
- Mitigation of that weekly supply can lead to a 20-50% retracement.
- IMO Rune can first pierce the weekly supply trap Buy side liquidity and then start dropping.
- Do not FOMO here rather just observe and try to be a hawk
- Rune is currently sitting at an overbought level.
- For those who are looking to accumulate Rune or want to buy wait for a 20-50% retracement from this zone around 2.3-2.6$ and start adding it to your bags so that you do not miss the next wave.
$Rune - double bottomed- 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