last 7 days Volume Profile analisys
estates RUNE price has gravitated towards 5,50
and buyers/sellers been eager to trade inside the 4,95 to $5,90 range
hypothesis #1 (short term volume trend is more relevant to next weeks price movement)
next week RUNE could continue its rally upwards, entries should be under $5,50, we could take some profit above the $6 mark and maybe rebuy when price gravitates again towards $5,5
if we take last 15 days into consideration, then RUNE price orbited around the $5,06 mark,
but we can see how last thursday it rejected that price, and established itself past the 5,50 price mark, inside the 4,95 to 5,90 range
hypothesis #2
is not impossible that price tries to gravitate towards $5,10
given we haven´t seen significant volume increase to support last 5,10 to $5,90 movement
estates RUNE price has gravitated towards 5,50
and buyers/sellers been eager to trade inside the 4,95 to $5,90 range
hypothesis #1 (short term volume trend is more relevant to next weeks price movement)
next week RUNE could continue its rally upwards, entries should be under $5,50, we could take some profit above the $6 mark and maybe rebuy when price gravitates again towards $5,5
if we take last 15 days into consideration, then RUNE price orbited around the $5,06 mark,
but we can see how last thursday it rejected that price, and established itself past the 5,50 price mark, inside the 4,95 to 5,90 range
hypothesis #2
is not impossible that price tries to gravitate towards $5,10
given we haven´t seen significant volume increase to support last 5,10 to $5,90 movement