Title: RUNE/USDT Bullish Continuation Pattern
Bias: Bullish
Description: RUNE is consolidating in a bullish pennant pattern after a significant upward move, typically a continuation pattern.
Direction: Anticipate a potential upward breakout.
Entry: A convincing breakout above the pennant's upper trendline, near $5.3892 (24 SMA).
Stop Loss: Below the pennant's lower trendline around $5.4672.
Targets: First target at $5.7602, with a longer-term view towards $7.00 or above.
Caution: RSI nearing the midpoint suggests to wait for a decisive move. Be wary of false breakouts; confirmation with volume is key.
Bias: Bullish
Description: RUNE is consolidating in a bullish pennant pattern after a significant upward move, typically a continuation pattern.
Direction: Anticipate a potential upward breakout.
Entry: A convincing breakout above the pennant's upper trendline, near $5.3892 (24 SMA).
Stop Loss: Below the pennant's lower trendline around $5.4672.
Targets: First target at $5.7602, with a longer-term view towards $7.00 or above.
Caution: RSI nearing the midpoint suggests to wait for a decisive move. Be wary of false breakouts; confirmation with volume is key.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.