RUNE / TetherUSLong
Bullish or bearish ? Breakout , new sing
Hello Traders,
As seen , RUNE is overall bullish buy setups around short term frame
On H4 we have a descending channel we need to have a new swing to validate it , if buyers managed to push the price above 9.2$-10$ will have a breakout then maybe a bounce, if failed to cross our non-horizontal resistance will go back to the last support 8.3$ ( EMA200 Acting as dynamic support will try to push the price upper )
Entry positions above key level resistance 10$ if breakout happen , make sure to put your stop loss below this level!
Overall we are still trending lower , bearish market , awaiting for a new swing and momentum candle to close above our gray zone.
Enjoy, Good luck traders!
As seen , RUNE is overall bullish buy setups around short term frame
On H4 we have a descending channel we need to have a new swing to validate it , if buyers managed to push the price above 9.2$-10$ will have a breakout then maybe a bounce, if failed to cross our non-horizontal resistance will go back to the last support 8.3$ ( EMA200 Acting as dynamic support will try to push the price upper )
Entry positions above key level resistance 10$ if breakout happen , make sure to put your stop loss below this level!
Overall we are still trending lower , bearish market , awaiting for a new swing and momentum candle to close above our gray zone.
Enjoy, Good luck traders!
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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.