RUNE 1h trendlines

Sep 20, 2022 12:13 PM

Hi all!

At the moment we will see a critical time when we are looking at the RUNE chart

RUNE 1h - under EMA & under the trendlineRUNE 1h - under EMA & under the trendline

Well this is it my friends. We see that RUNE is clearly under the 150 EMA type and is still in a downtrend. Also wenn we check the trend on a higher timeframe we are on the downside. 

Here , the white line is a simple trendline with 3 touchpoints. Yes it is true that there was a little pump yesterday. But this could be a nic shorting opportunity.

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On the other side, when we break the trendline and close with a nice body candle ABOVE the trendline then it is interresting for a LONG.

All the best do as you like and play your game. And don`t forget this is NO fincancial advice.

Cheers Mchoeti

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