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FieryTrading
Oct 24, 2021 10:00 AM

🔥 RUNE 1-Year Pennant Break Out Long

RUNE / TetherUSBinance

Description

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Over the last few days, RUNE has successfully broken out of a 1-year pennant pattern.

Currently, RUNE is trading near the first major resistance area, which is around $12 and also a recent local top. A daily close above the $12 resistance could indicate confirmation of the bullish trend.

In that case, I'm targeting $15 over the next week or so, possibly $20 if the price goes parabolic.

Happy trading!
Comments
jojofang0901
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good forecast, I do agree with the bullish outlook thx
UnitedSignals
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Great idea!
YMGroup
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The best TA on TradingView
AtlasTrades
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Detailed overview
financialflagship
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Great analysis, thanks for sharing 😊
VasilyTrader
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Did you consider coming fundamental data this week?
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