price is breaking the falling wedge
buy when price close above 4900 sats. price at support sl below green zone
ready to move after breakout of falling wedge.
💎Technical Analysis Summary💎
BINANCE: RUNEBTC
-RUNE is now confirming a daily Bear flag coming from 5000s sat
-If the daily candle close red, the Bears may have won the game
-The downside potential target is around 3000s sat area
-So please be cautious and follow your stop loss location
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💎Technical Analysis Summary💎
BINANCE: RUNEBTC
-RUNE is trading inside a rising channel which is Bearish
-It is also approaching key level of resistance at 5600 sat area
-If you are looking for potential Sell entries
-Wait for the channel to breakdown because it give a Sell bias
-The downside target could reach the recent Swing Low...
The RUNE is in a fairly clear uptrend and will quickly hit the upper trendline of the Rising Wedge pattern in the 12000sts zone and break it to rise strongly to the 17000sts zone in early September.
This plan will be invalidated if RUNE breaks below trendline and falls off the 6200sts.
Private Idea :
![RUNEBTC: ✳️ThorChain [RUNE/BTC] on Aug 28 #RUNE $RUNE #RUNEBTC](https://s3.tradingview.com/o/O253odvq_mid.png "✳️ThorChain [RUNE/BTC] on Aug 28 #RUNE $RUNE #RUNEBTC")
