RUNE
Long

RUNE Indicator Analysis

122
Rune chart is looking quite bullish.

This Token did not have these kind of gains, like we can see on the Crypro Market (e.g. XRP, XLM, HBAR, ADA, ALGO). But I believe, this is due to RUNEs chart-structure. The Chart seems to be in an earlier stage of the Cycle.

The Coins named in brackets seem to be the fruntrunners of this Cycle.
Projects like Rune could in my eyes start gaining momentum,
and slowly catch up to the leading ones.
(This scenario of course requires
the whole bullrin to continue)

Technicals:
Since Jun 23, the 4day-BullmarketSupportBand (blue band) is providing beautiful support and resistance throughout the wohole timeframe. Over the last 60 days it has been a strong support. The Price bouned off to the upside. -> This is a very bullish sign in my eyes.

Elliott-Wave sub structure is creating a clear picture in my eyes, as well indicating a move to the upside.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.