Rune - What`s next - fly or die?

Aug 25, 2022 10:21 AM

Hi all!

Today i draw a little trendline for RUNE on the 1h chart.
Ans i see a small trendline which has some touchpoints. In my opinion i see 4 of them

RUNE 1h chartRUNE 1h chart

When i combine the horizontal line it hits exactly the trendline. There are a few possibilities here.

  • The bullish one. We will break the resistance and the trendline, with a little pullback and will then try to catch the sky, the stars or the moon. In reality we will go to the next resistance.
  • The bearish one:We will fail to break the resistance, we will be rejected and close with a full body candle under the line. And then my friends as mentioned before. It can always go lower.

Related stories

I do not see different scenarios. But well i am neither professional nor an financial adviser. Please keep that in mind. All the best, your decision your future. And don`t forget this is no financial advice

Cheers Mc

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy