Rune | 3$ could be a local bottom

RUNE / US DollarBinance

Description

⋅ Jul 20, 2021 12:00 PM

Think we will see some distribution around this level for now. I see two scenarios:

1. Double botttom/lower high, take out top of the range and attack 6$
2. Failed double bottom setup, drop to ~2$

Of course, depending on Bitcoins next moves.

Be patient and stay safe.

BINANCE:RUNEUSD

Comment

⋅ Jul 21, 2021 4:25 AM

Looking good so far. Needs to tap ~4.3 now and maybe retrace for a higher low or double bottom. Think if Bitcoin can touch 33k this week, we might see the higher low version. Meaning eager bulls can't wait to get in.

Trend Analysis

Comments

MladenJelic

⋅ Jul 25, 2021 2:16 PM

We have two descending triangle bearish...one big on daily and second at 15 min chart....it is imposible to go up....first target is 3$ and second is probably at 2,35$...

kenneths

⋅ Aug 8, 2021 9:52 AM

@MladenJelic 🤔

johnnykaoss

⋅ Jul 24, 2021 10:34 AM

Hacked 3 times in 2 weeks... lots of work to do... buyer at $1 or less