Hi guys
I was looking at the RUNE chart and I saw it's in correction cycle for few days. I recommend you to switch to weekly chart to see double bottom which is a bullish pattern and price probably falls a bit more down to retest the neckline which is known as " last kiss pullback "
1st TP is around $20 which is below 161.8 fibo line
2nd TP is around $30 which is around 261.8 fibo line
fundamental news: THORCHAIN mainnet is probably going live in December this year and also Thorchain/ Luna integration can be bullish news.
I wish you profitable days and please avoid emotional trades based on greed.
see ya!
I was looking at the RUNE chart and I saw it's in correction cycle for few days. I recommend you to switch to weekly chart to see double bottom which is a bullish pattern and price probably falls a bit more down to retest the neckline which is known as " last kiss pullback "
1st TP is around $20 which is below 161.8 fibo line
2nd TP is around $30 which is around 261.8 fibo line
fundamental news: THORCHAIN mainnet is probably going live in December this year and also Thorchain/ Luna integration can be bullish news.
I wish you profitable days and please avoid emotional trades based on greed.
see ya!