luizhcruz

RUNEBUSD respecting the bullish channel. Projections of bullish

Long
luizhcruz Updated   
Technical analysis regarding the price of THORCHAIN in relation of dollar Binance for the next scenarios, based on 4 hour movement.

Price forming rising funds / tops, with the Exponential Moving Averages of 34 and 89 periods driving the price and, it is walking respecting this upward channel.

By projecting a FIBONACCI in that leg that the price gave, I manage to obtain the levels where the price can reach!


disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Trade closed: target reached:
PRICE PROJECTION COMPLETED - THE PRICE MADE AN IMPULSION! STRONG BUYER MASS ~1st TARGET

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