RUNEUSDT.3S trade ideas
💡Don't miss the great buy opportunity in RUNEUSD @THORChain
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.874).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RUNEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 2.097
TP2= @ 2.268
TP3= @ 2.437
TP4= @ 2.701
TP5= @ 3.057
TP6= @ 3.370
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
RUNE/USDT time to short?RUNE/USDT has formed bearish flag pattern + It also broke support of (≈)3.274.
BTC also looks bearish now, so it might be time to short RUNE/USDT after it successfully breaks support with conformations(Bearish candlestick patterns).
BTC has broken its support and formed bearish engulfing candlestick pattern in daily chart(still the candle hasn't closed, so wait for it to close in 9 hours and 19 minutes), so it might break its support of (approx)29700.
RUNE/USDT short entry-------->
Entry price - current price (around 3.180) or upon retest (if it retests) (around 3 or 3.2)
Stop loss - 3.4
Target price - 1.521, 1.300, 1.000
price might consolidate(or retest or take pullback) before crashing
(Don't open any position on wick)
(Don't take trades based on this idea, even I don't trade according to my idea)
(Do your own analysis)
(NOT A financial advice)
(High chances of loss if you follow my idea)
Rune Analysis on demand 4hr TF with supp & resis #Rune Analysis on demand 4hr TF with supp & resis.
ON Demand @AngryTrader6299
keep an eye on #BTC + Trendline
The #rune is near its resis, if the candle close above $8.220 then the next resis is near at $9.926 and nxt $11
If #rune get rejected then supp are $7.177 / $6.230 /$5.309
Enjoy your analysis
💡Don't miss the great buy opportunity in RUNEUSD @THORChain
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 dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 8.06
TP2= @ 8.88
TP3= @ 9.90
TP4= @ 11.68
TP5= @ 13.47
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Rune short entryIts under formation I dont know it will complete or not but this right now what price action is trying to say Use sl in system.
please refer to the chart.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
#RUNE has catastrophic failure! But?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 - 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