Technical Analysis on RUNE - Why I am bullish

The market has been in a downtrend for months now and here we have a strong bullish divergence formed on 4h, indicating a trend reversal.

In addition to that RUNE is currently forming a W pattern and as well creating higher lower in an upward channel. It would not be out of place to see RUNE kiss the 2.49 resistance and beyond.

Cheers to the good life.
Chart PatternsTechnical IndicatorsTrend Analysis

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