THORChain has a market cap of $1.85 Billion and is ranked 53rd in the CMC. RUNE has a total supply of 414,236,892 in which 100% of it is circulating in the market. Meanwhile,the overall volume of the RUNE coin has seen a surge of 10% in the intraday session. RUNE token price is currently trading near the volume of $5.54 with a gain 1.19% in the intraday session.
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring RUNEUSDT for a buying opportunity,
RUNEUSDT UPDATE
Moving slowly but positively moving towards our target💸 ✴️
Looking very positive to hit our target in coming days 💯 ✅
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.
i have marked My 4h zone from where i Will be looking For longs . there is liquidity rest above the highs i will targeting those. this is not financial Advice this is for educational Purpose only.
💎 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...
On day chart
Rune is pulling back to $3.5 now
This level is demand zone and golden ratio so I think RUNE will bounce back from this level
Wait for next move
#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...
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...
#RUNE is at historical support break which is now acting as resistance in weekly timeframe so be careful with your long or book profit if any. i am looking for short entry here.
Cheers!!!
💎 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,...
BYBIT:RUNEUSDT.P
I mention everything in rune 1d tf i expecting a one pump to 1.7 to 1.91 area and there short opportunity will be grabbed imo.
let`s see what happens
💎 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...
Runecoin along with whole cryptocurrency stepped into downtrend.There was a first wave happened already.Now runecoin is restesting from the support level(1.345),and can go to upper resistance level(1.365) as shown in the picture.If the price again falls down from the resistance,a short trade can be initiated there.Also you can check the volume or ADX or RSI at the...
I see great opportunity shorting of RUNEUSDT.
If the price near our supply zone get weak(any bearish candle stick pattern) then it will confirm our setup. I observes carefully the price then I will update you guys under this post. Just be patient that once price reach to our supply zone.
Entry, exit and target prices are mentioned in the chart.
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...
