Bullish flag pattern
RUNEBTC at ATH support level of 0.0000950
However we could see a sharp spike to take out the stops around $4.50 before resuming the uptrend
RUNEBTC at ATH support level of 0.0000950
However we could see a sharp spike to take out the stops around $4.50 before resuming the uptrend
Commentaire:
currently following price action very similar to USDJPY between 16th Feb and 23rd Feb with a failed bull flag which then bounced off the HTF trendline and continued its uptrend. We could see RUNE and other altcoins follow this pattern, which also coincides with the options expiring tomorrow. Could then see a wick down into the trendline on RUNE into around $3.80 before continuing its uptrend
Commentaire:
RUNEUSD chart had been updated on my own chart before which shows a bull flag (this one had not formed properly at the time)